Annual Defined Contribution Plan Limits

 20212020
401(k) Pre-Tax or ROTH Deferral Limit (under age 50) $19,500.00 $19,500.00
401(k) Pre-Tax or ROTH Deferral Limit (age 50 or older) $26,000.00 $26,000.00
Total Defined Contribution Plan Limit (415 limit) (under age 50) $58,000.00 $57,000.00
Total Defined Contribution Plan Limit (415 limit) (age 50 or older) $64,500.00 $63,500.00
Maximum Compensation Recognized $290,000.00 $285,000.00
Compensation Threshold for Determining HCE Status
(definition looks at prior plan year compensation and prior plan year limit) Example:
To be an HCE in 2020, employee received $125,000 or more in compensation during 2019
$130,000.00 $130,000.00

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