MMC Benefits Handbook
Eligible Base Pay for Determining MMA 401(k) Savings & Investment Plan Contributions
Eligible base pay for the purpose of this Plan is your base rate of pay (regular earnings and/or producer salary), regular draw and earned commissions before all deductions, including deductions for taxes and your own Plan contributions (eligible base pay does NOT include overtime, bonuses and other extra compensation).
Your MMA 401(k) Savings & Investment Plan contribution is based on your eligible base pay and will automatically change when your eligible base pay changes (but such contribution will be limited to the maximum allowed by IRS limits).