Details on Calculation of 401(k) Match

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

Calendar

Calendar of Events

M Mon

T Tue

W Wed

T Thu

F Fri

S Sat

S Sun

4 events,

3 events,

2 events,

3 events,

1 event,

3 events,

6 events,

Integrity Week

Integrity Week

4 events,

3 events,

7 events,

6 events,

5 events,

3 events,

5 events,

5 events,

4 events,

6 events,

5 events,

2 events,

4 events,

4 events,

6 events,

5 events,

5 events,

7 events,

3 events,

8 events,

5 events,

5 events,

3 events,

5 events,

9 events,

3 events,

Chapel

Chapel

GCU Magazine

Bible Verse

"Sovereign Lord, as You have promised, You now dismiss your servant in peace. For my eyes have seen Your salvation..."  (Luke 2:29-30)

To Read More: www.verseoftheday.com/