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401K Employer Match to consider both amount and percentage while calculating

in BI Publisher Learning Center

401K Employer Match to consider both amount and percentage while calculating.

Case: Client is having Employer Match having both Amount and Percentage to calculate.

401K Employer Match is on percentage

401K Catchup Employer Match is on Amount

401K Roth Employer Match is on Percentage

401K Roth Catchup Employer Match on Amount

401K After Tax Employer is on Percentage, when the calculation happen the total should not be more than 6% on eligible earnings.

When percentage is given system is restricting at 6% in accumulation(401K Employer Match+401K Roth Employer Match + 401K After Tax Employer)

, while amount is given system is processing the amount as it is(though as per Oracle when amount is entered it will process the amount without any restriction).

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