I need help setting up the formula for our 401k Pretax & 401k Roth plan. See detail below.
Company match for 401k is 100% up to 3%, then 50% match for next 2%
= If Employee is 3%, company match is 3%
= If Employee is 4%, company match is 3.5%
= If Employee is 5% or more, company match is 4%
Thanks,
Deb Loiselle