JPMorgan Chase & Co. 401(k) match: 5% max
JPMorgan Chase 401(k) Savings Plan · JPM · CIK 19617
Maximum employer match, as a share of pay
5%
JPMorgan Chase & Co. matches 100% (dollar-for-dollar) of the first 5% of pay.
From the Form 11-K filed June 26, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What JPMorgan Chase puts in, and what the plan costs
What JPMorgan Chase put into the plan, per active participant
$6,810
JPMorgan Chase & Co. put $6,810 into this plan for each of its 185,310 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
JPMorgan Chase put in more per active participant than 79% of plans with 5,000+ participants at banks and lenders. The middle plan in that group of 66 reported $4,881. Banks and lenders comes from business code 522110, which JPMorgan Chase entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much JPMorgan Chase pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 134994650, plan 002 · DOL EFAST2 ↗
The $6,810 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. JPMorgan Chase & Co. also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,475 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What JPMorgan Chase puts in
$2,475
a year, at a $49,500 salary.
The match paragraph, word for word
“each contributing employer (“Contributing Employer”) makes an annual matching contribution ("Matching Contribution") on behalf of each Participant who has completed one year of service in an amount equal to 100% of the Participant’s pre-tax and/or Roth 401(k) Contributions up to 5% of eligible compensation – provided that the Participant is employed by JPMorgan Chase at the end of the calendar year, unless certain specified conditions are met.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 4% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 0%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“A Participant’s Contributions are 100% vested, including any associated investment performance (or “earnings”). Participants become 100% vested in the value of the Matching Contributions and automatic pay credits, including any associated investment performance, after they have completed three years of service.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“Full-time employees are eligible to enroll in the Plan as of their first day of employment. Part-time employees who are regularly scheduled to work 20 hours or more per week are eligible to participate after completing 60 days of service. Effective January 1, 2024, employees who are regularly scheduled to work less than 20 hours per week, as well as employees who are classified as intern, seasonal, or temporary, are eligible to participate after completing one year of service.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
66th percentile
$72.97 per participant in plan-paid administrative cost, more expensive than 66% of plans with 5,000+ participants.
What is JPMorgan Chase's 401(k) match formula?
JPMorgan Chase's 401(k) employer match tops out at 5% of pay. The match is deposited once a year. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 5% of pay |
|---|---|
| Maximum employer match | 5% of compensation |
| Deposited | Once a year |
| Conditions | Requires one year of service and employment at the end of the calendar year (unless certain specified conditions are met); capped at $10,000 annually for participants with total annual cash compensation of $350,000 to $999,999; participants with total annual cash compensation of $1,000,000 or more are not eligible ($250,000 or more prior to January 1, 2025); non-Roth after-tax contributions are not matched |
| Other employer contribution | Automatic pay credits: annual profit-sharing contribution for each participant with one year of service and total annual cash compensation under $350,000, based on a percentage of eligible compensation capped at $100,000 annually |
| Other employer contribution | Discretionary contributions granted to certain non-highly compensated employees in December 2025 and 2024, immediately 100% vested |
At a $60,000 salary, contributing 5% ($3,000) earns the full employer match of $3,000 for the year.
JPMorgan Chase appears in our match-change tracker. We keep a dated page for each: JPMorgan Chase widened 401(k) match eligibility, effective January 1, 2025, and JPMorgan Chase raised its 401(k) automatic enrollment default, effective January 1, 2025.
What the filing says, word for word
“each contributing employer (“Contributing Employer”) makes an annual matching contribution ("Matching Contribution") on behalf of each Participant who has completed one year of service in an amount equal to 100% of the Participant’s pre-tax and/or Roth 401(k) Contributions up to 5% of eligible compensation – provided that the Participant is employed by JPMorgan Chase at the end of the calendar year, unless certain specified conditions are met.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
What is JPMorgan Chase's 401(k) vesting schedule?
JPMorgan Chase vests the employer match on a cliff schedule: nothing is yours until three years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a three-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 3 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Automatic pay credits vest with the same 3-year cliff; employer discretionary contributions vest according to the schedule communicated at the time they were announced |
Vesting, word for word
“A Participant’s Contributions are 100% vested, including any associated investment performance (or “earnings”). Participants become 100% vested in the value of the Matching Contributions and automatic pay credits, including any associated investment performance, after they have completed three years of service.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who can join JPMorgan Chase's 401(k), and is enrollment automatic?
JPMorgan Chase enrolls new hires automatically at 5% of pay, rising 1% a year to 10% of pay.
| Plan entry | Full-time employees: first day of employment; part-time employees regularly scheduled 20+ hours/week: after 60 days of service; employees scheduled under 20 hours/week or classified as intern, seasonal or temporary: after one year of service (effective January 1, 2024) |
|---|---|
| Match eligibility | Matching contributions require completion of one year of service |
| Automatic enrollment | Yes: default deferral 5% of pay; 31-day opt-out window; auto-escalation +1%/yr to 10%; default investment: Target Date Funds (qualified default investment alternative) |
Eligibility, word for word
“Full-time employees are eligible to enroll in the Plan as of their first day of employment. Part-time employees who are regularly scheduled to work 20 hours or more per week are eligible to participate after completing 60 days of service. Effective January 1, 2024, employees who are regularly scheduled to work less than 20 hours per week, as well as employees who are classified as intern, seasonal, or temporary, are eligible to participate after completing one year of service.”
Automatic enrollment, word for word
“Newly eligible and rehired employees are automatically enrolled in the Plan at a 5% before-tax contribution rate on ongoing compensation (base salary/regular pay and any non-annual cash incentive compensation) unless they otherwise enroll themselves or opt out of the Plan within their first 31 days of eligibility (3% rate prior to January 1, 2025). Further, unless the employees elect a different rate, for employees who are automatically enrolled, their contribution rate is automatically increased annually by 1% until they reach a before-tax contribution rate of 10%.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
What does the JPMorgan Chase plan report on Form 5500?
The JPMorgan Chase plan reported $52.9B in assets and 299,277 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | JPMorgan Chase 401(k) Savings Plan |
|---|---|
| Total plan assets | $52,913,457,500 |
| Participants | 299,277 |
| Recordkeeper | JPMorgan Chase Bank, N.A. (Trustee) |
| Plan-paid admin cost per participant | $72.97 |
How that cost compares
This plan pays $72.97 per participant. The median across plans at banks and lenders is $152.83, from the 2,143 of 2,264 whose Form 5500 yields a per-participant cost.
JPMorgan Chase 401(k) Savings Plan on its Form 5500 filing: fees, providers and financials
How does JPMorgan Chase's 401(k) match compare?
JPMorgan Chase & Co.'s maximum 401(k) match of 5% of pay compares with a median of 4.5% across the 181 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at banks and lenders, two land near JPMorgan Chase's maximum match and one vests on the same schedule.
Maximum match 4% of pay. Also at banks and lenders.
Maximum match 5% of pay. Also at banks and lenders.
Maximum match 4% of pay. Also at banks and lenders.
Maximum match 5% of pay, level with JPMorgan Chase.
Maximum match 5% of pay, level with JPMorgan Chase.
Maximum match 4.5% of pay. Same 3-year cliff as JPMorgan Chase.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 26, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is JPMorgan Chase & Co.'s 401(k) match?
JPMorgan Chase & Co. matches 100% of employee contributions up to 5% of eligible pay (plan year ended December 31, 2025).
When does the JPMorgan Chase & Co. 401(k) match vest?
Cliff: 100% vested after 3 years of service.
Does JPMorgan Chase & Co.'s 401(k) plan have automatic enrollment?
Yes: default deferral 5% of pay; 31-day opt-out window; auto-escalation +1%/yr to 10%; default investment: Target Date Funds (qualified default investment alternative).
Cite: 401(k) Monitor, “JPMorgan Chase & Co. 401(k) plan facts”, from SEC Form 11-K accession 0001628280-26-045709, plan year ended 2025-12-31.