457 plan with company match up to a % of employee salary

Legacy Contributor

I'm building a new 457 plan with a contribution limit and a company match of dollar for dollar up to a specific % of the employee's salary not to exceed an amount. The employee can elect a flat or percent amount. Is it possible to set up a plan with these requirements in Lawson. If yes, how do you set up the plan with the company match up to a % of the employee's salary.

Legacy Contributor

You set your match limits on the BN19.3 screen. In the "Match Percent" column you would enter 100.00, in the "Up To" you would enter the specific % of the employee's salary, and in the "Amount" column you would enter the not to exceed amount.