Procter & Gamble 401(k) match: 2% max
The Procter & Gamble Commercial Company Employees’ Savings Plan · PG · CIK 80424
Maximum employer match, as a share of pay
2%
Procter & Gamble matches 40% of the first 5% of pay.
From the Form 11-K filed June 4, 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 Procter & Gamble puts in, and what the plan costs
What Procter & Gamble put into the plan, per active participant
$3.16
Procter & Gamble put $3.16 into this plan for each of its 30,424 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.
Nothing among plans with 5,000+ participants in pharmaceuticals and chemicals put in less per active participant than Procter & Gamble. The middle plan in that group of 63 reported $8,101. Pharmaceuticals and chemicals comes from business code 325600, which Procter & Gamble 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 Procter & Gamble 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 June 30, 2025, EIN 310411980, plan 042 · DOL EFAST2 ↗
The $3.16 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Procter & Gamble also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $990 a year at a $49,500 salary. 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 Procter & Gamble puts in
$990
a year, at a $49,500 salary.
The match paragraph, word for word
“The Plan Sponsor contributes 40% of the first 5% of eligible compensation that a participant contributes to the Plan.”
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
“Participants are vested immediately in their contributions, plus actual earnings thereon. The Plan Sponsor contributions plus actual earnings thereon are 100% vested upon the occurrence of any of the following events: completion of three years of credited service; attaining age 65; total disability or death while employed by the Plan Sponsor.”
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
65th percentile
$72.35 per participant in plan-paid administrative cost, more expensive than 65% of plans with 5,000+ participants.
What is Procter & Gamble's 401(k) match formula?
Procter & Gamble's 401(k) employer match tops out at 2% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 40% of the first 5% of pay |
|---|---|
| Maximum employer match | 2% of compensation |
| Paid in company stock | Yes |
At a $45,000 salary, contributing 5% ($2,250) earns the full employer match of $900 for the year.
What the filing says, word for word
“The Plan Sponsor contributes 40% of the first 5% of eligible compensation that a participant contributes to the Plan.”
Source: Form 11-K filed June 4, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Procter & Gamble's 401(k) vesting schedule?
Procter & Gamble 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 |
| Accelerated vesting | 100% vested upon attaining age 65, total disability or death while employed by the Plan Sponsor, or Plan termination |
Vesting, word for word
“Participants are vested immediately in their contributions, plus actual earnings thereon. The Plan Sponsor contributions plus actual earnings thereon are 100% vested upon the occurrence of any of the following events: completion of three years of credited service; attaining age 65; total disability or death while employed by the Plan Sponsor.”
Source: Form 11-K filed June 4, 2026, SEC EDGAR · SEC ↗
Who can join Procter & Gamble's 401(k), and is enrollment automatic?
Procter & Gamble's filing does not mention automatic enrollment, which is not the same as the plan having none.
| Plan entry | Employees must be residents of Puerto Rico and have completed one year of service |
|---|---|
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
Eligibility, word for word
“In order to be eligible to participate in the Plan, employees must be residents of Puerto Rico and have completed one year of service.”
Source: Form 11-K filed June 4, 2026, SEC EDGAR · SEC ↗
What does the Procter & Gamble plan report on Form 5500?
The Procter & Gamble plan reported $5.4B in assets and 42,264 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 | The Procter & Gamble Savings Plan |
|---|---|
| Total plan assets | $5,370,548,338 |
| Participants | 42,264 |
| Recordkeeper | Alight |
| Plan-paid admin cost per participant | $72.35 |
How that cost compares
This plan pays $72.35 per participant. The median across plans in pharmaceuticals and chemicals is $128.47, from the 870 of 942 whose Form 5500 yields a per-participant cost.
The plan reports Alight as its recordkeeper, one of 46 plans it runs in the data we publish. Of those, the 46 with a computable fee have a median plan-paid cost of $87.90 per participant.
The Procter & Gamble Savings Plan on its Form 5500 filing: fees, providers and financials
How does Procter & Gamble's 401(k) match compare?
Procter & Gamble's maximum 401(k) match of 2% 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 in pharmaceuticals and chemicals, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3% of pay. Also in pharmaceuticals and chemicals.
Maximum match 4% of pay. Also in pharmaceuticals and chemicals.
Maximum match 4% of pay. Also in pharmaceuticals and chemicals.
Maximum match 2.8% of pay. Same recordkeeper, Alight.
Maximum match 3.5% of pay. Same recordkeeper, Alight.
Maximum match 6% of pay. Same 3-year cliff as Procter & Gamble.
What can you do next?
Check your own balance and contribution rate at Alight ↗, the recordkeeper this plan reports.
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 4, 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 Procter & Gamble's 401(k) match?
Procter & Gamble matches 40% of employee contributions up to 5% of eligible pay (plan year ended December 31, 2025).
When does the Procter & Gamble 401(k) match vest?
Cliff: 100% vested after 3 years of service.
Does Procter & Gamble's 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Cite: 401(k) Monitor, “Procter & Gamble 401(k) plan facts”, from SEC Form 11-K accession 0000080424-26-000069, plan year ended 2025-12-31.