Details on Calculation of 401(k) Match

By Staff Report

Here are a few examples to help GCU employees understand how the 401(k) match is calculated. These examples are based on annual compensation of $30,000. 

Amount of Employee’s Contribution in 2012

Amount of GCU Matching Contribution for 2012


Explanation

$900
(3% of $30,000)

$270

 GCU matches 30% of $900

$1800
(6% of $30,000)

$270

 GCU match is only based on the first 3% you contribute

$600
(2% of $30,000)

$180

 GCU matches 30% of $600

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Calendar of Events

M Mon

T Tue

W Wed

T Thu

F Fri

S Sat

S Sun

5 events,

2 events,

3 events,

1 event,

6 events,

7 events,

1 event,

8 events,

+ 3 More

1 event,

4 events,

2 events,

2 events,

5 events,

2 events,

5 events,

3 events,

4 events,

9 events,

+ 2 More

4 events,

2 events,

1 event,

8 events,

+ 2 More

5 events,

6 events,

7 events,

+ 1 More

3 events,

0 events,

0 events,

2 events,

1 event,

1 event,

3 events,

3 events,

0 events,

1 event,

+ 3 More
+ 2 More

Chapel

+ 2 More

Bingo

+ 1 More

Chapel

Chapel

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