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Former Member
Aug 25, 2011 at 08:41 PM

Change 401K seniority to period after seniority reached


Say we have 2 levels of matching for 401K where the employer contribution match percentage is different based on years of seniority. The levels are say from 0-5 years and 6-10 years of service.


An employee is currently in the 0-5 years of matching. If the employee hits the 6th year in the middle of a pay period SAP bumps you up to the next level in that period.

Our clients rule is that if you hit your 6th year in the middle of the period you don't move them up to the next level until the following period.

Is there any config in the seniority basis for the employer contribution to make this work.