Employer 401k Contribution Limit 2024. In 2023, the average 401 (k) match was $4,600. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.
The limit on total employer and employee contributions for 2024 is $69,000. In 2023, the average 401 (k) match was $4,600.