At the job I just left, we were able to contribute between 1 and 80 % of our pay into 401k up to the legal limit of $17,500 for 2014, the company matched 50% of the first 3%.
New Employer sent benefits PDF and the 401k contributions state up to 20% of pay can be contributed and the company matches 50% of the first 5% after 1 year of service.....in my case at least in the first year this would not allow me to hit the $18,000 limit for 2015......This policy would mean anyone making less than $90,000 a year cannot max their 401k account out.
Is an employer allowed to do this?