Type of Limitation

2016 Limit

2017 Limit

Elective deferrals to 401(k), 403(b) and 457(b) plans $18,000 $18,000
Annual benefit for defined benefit plans $210,000 $215,000
Contributions to defined contribution plans $53,000 $54,000
Contributions to SIMPLEs $12,500 $12,500
Contributions to IRAs $5,500 $5,500
Catch-up contributions to 401(k), 403(b) and 457(b) plans $6,000 $6,000
Catch-up contributions to SIMPLEs $3,000 $3,000
Catch-up contributions to IRAs $1,000 $1,000
Compensation for benefit purposes for qualified plans and SEPs $265,000 $270,000
Minimum compensation for SEP coverage $600 $600
Highly compensated employee threshold $120,000 $120,000


BPM is one of the largest California-based accounting and consulting firms, ranking in the top 50 in the country. It has served the San Francisco Bay Area's emerging and mid-cap businesses, as well as high-net-worth individuals, since 1986. Our Employee Benefits team consists of professionals with extensive knowledge of ERISA guidelines and deep expertise performing employee benefit plan audits. We can help you craft a smooth-running plan that serves your employees while mitigating associated risk. For more information or for a free expert consultation, contact Jenise Gaskin at (925) 296-1016 or visit us at

Jenise Gaskin - CPA - Advisory

Related Insights