Maximum Employer 401k Contribution 2024. The 401 (k) contribution limit is $23,000 in 2024. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.