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Savings Plan Set up using Service Step TableID and Limit Table - not calculating correctly
I am trying to set up a saving plan (401k/401k roth) that will do the following:
100% match on first 3%, 50% on next 2% (4% max match)
Testing - some passed and some did not. For example:
Test 1: Roth deferral rate - 2 → Pre-tax deferral rate - 2
Expected result - 2% match on Pre-tax, 1.5 % match on Roth
Actual result - 2% match on Pre-tax, 2% match on Roth
Test 2: Roth deferral rate - 3 → Pre-tax deferral rate - 4
Expected result - 3.5% match Pre-tax, 0.5% match on Roth
Actual result - Pass
Where did the setup go wrong?
Below is the setup:
Created Service Step Table to reflect:
Up to % EE earnings → % of EE investment