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Former Member
Jun 17, 2010 at 07:32 AM

401K Base salary Limit issue


Hello Gurus,

the config for 401k base salary limit is working for regular 401k plan but not for catch-up. They are not separate plans just separate WTs. Catch-up is configured to kickin at age 50.

One of the EE received bonus payment and it exceeded 245K annual base salary limit. The 401k plan stopped calculating the contribution, but the catch-up has started.

Table V_5UBA_C has qualified plan checked. The table V_T511P has correct 401KS, 401KL& 401CL constant maintained.

Benefits team wants to limit the 401k catch-up when base salary has reached the limit. How can we achieve in configuration?

Appreciate your time and help.