I would expand upon scandium's advice and say that if eligible you should fund your IRA accounts before you max out your 401k. Be wary about the ER listed in either of your 401ks, there may be additional management fees on top of the ER listed for the fund. My 401k has a 1.2% fee off the top, so even if I put it in a fund with a 0% ER my ER is still 1.2%. I would much rather cut that middle man out and invest directly with vanguard. Of course once the IRA space is filled up it is still beneficial to use a mediocre 401k plan because the tax advantages usually out weigh the bullshit high ER.
revised order:
Wife's to get employer match
Yours to get employer match
Max you and your wife's IRA
Max wife's
Max yours