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DB/DC benefit plans with a salary cap

Can anyone tell me how to set up a salary cap for DB and DC plans? I am relatively new to benefits admin and none of our previous plans have a salary cap setup. Thank you!

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sriman-shivakoti

What are you trying to limit? A company contribution? Is it based on a percentage of wages? How are contributions configured? There are a number of options in setting up DC plans. I am not as well versed in DB plans.

Legacy Contributor

Our current DB and DC plans are setup as a flat percent pre tax for employee and company contributions. The new plans need to have a salary cap for contributions of $110,000. This is my first time setting up a new plan and the manual doesn't provide much explanation.

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