• Larry Kavanaugh, Jr.

401(k) Matching Formulas that could Boost Participation without Breaking the Budget


Offering a retirement plan shows your employees that you are committed to helping them save for their future. A matching formula is a great way to give a little bit more to your employees and increase contributions!


There are many matching formulas that can boost contributions and won’t break your bank or budget. Here are three to consider:

  • Safe Harbor

  • Graded Vesting

  • Cliff Vesting

In this guide, you will gain insights about these three formulas, their advantages and eligibility requirements.

3 Cost Effective Ways to Expand 401(k) Participation



Larry Kavanaugh, Jr. AIF®, CPFA, CLU, ChFC

Managing Director

Northeast Retirement Plan Advisors

950-A Union Rd.

Suite 31

Buffalo, NY 14224

L.Kavanaugh@nebstpa.com

716.674.6200 x237

716.674.7000

www.NEAdvisorsGroup.com

Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.