Highly Compensated Employee 2024 401k Limit 2024. The limit for 2024 is $23,000. — if your employer limits your contribution because you’re a highly compensated employee (hce), the minimum compensation to be counted as an hce is $155,000 in 2024.
Employers can also designate the top 20% of earners in the. — total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.