Citigroup capped the pay counted toward its 401(k) match, effective January 1, 2025

“The Company matching contribution was equal to 100% of the participant’s before-tax and/or Roth contributions up to 6% of the participant’s eligible compensation (up to the annual compensation maximum set by the Code) for eligible employees at all compensation levels. For Plan year ended December 31, 2024, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to the statutory limit. Effective January 1, 2025, Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to $200,000. Catch‑up contributions are not subject to matching contributions. Participants must contribute to the Plan to receive Company matching contributions.”

Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.

401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.

• Citigroup 401(k) match, vesting and plan facts

  The full record for this employer, including the formula in force now.

• Read the Form 11-K on SEC EDGAR ↗

  The filing that discloses this change, accession 0000831001-26-000032.

• All 401(k) match changes we have found

  The tracker this record belongs to, newest change first.

• Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026
• Sherwin-Williams reinstated its 401(k) match, effective February 1, 2026
• Cigna changed the rules of its 401(k) match, effective January 1, 2026
• Humana cut its 401(k) match, effective January 1, 2026
• PepsiCo widened 401(k) match eligibility, effective January 1, 2026