Kimberly Clark

Limitations on Contributions

Some of the limits the Internal Revenue Service (IRS) places on the total amount the Company can contribute to the Plan are adjusted periodically. These include:

  • Maximum Pre-Tax, Roth 401(k), and Catch-Up Contributions: The IRS limits the dollar amount of your pre-tax, Roth 401(k), and catch-up contributions to the 401(k) & Profit Sharing Plan (PSP). These limits may also be adjusted in future years. The 2019 limits are:
    • Pre-Tax and Roth 401(k) Contribution Limit (under age 50): $19,000
    • Catch-Up Contribution Limit (age 50 and over): $6,000
    • Total Pre-Tax, Roth 401(k), and Catch-Up Contributions Limit (age 50 and over): $25,000

  • Maximum Total Contributions to the Plan: Federal law also limits the total combined amount of pre-tax, after-tax, Roth 401(k), and Company contributions made to the 401(k) & PSP. This annual limit, which applies to all tax-qualified defined contribution plans of the Company in which you participate, is the lesser of $56,000 or 100% of compensation. This limit may be adjusted in future years.

  • Maximum Contributions to the Plan: The Plan limits the amount of employee contributions that can be contributed to the Plan. Employees under age 50 can contribute $19,000 in pre-tax and/or Roth 401(k) contributions and the remaining in after-tax contributions up to a total of $34,160. Employees age 50 and over can contribute $25,000 in pre-tax and/or Roth 401(k) contributions (includes $6,000.00 in catch-up contributions) and the remaining in after-tax contributions up to a total of $40,160. These limits may be adjusted in future years.

  • Maximum Compensation Limit: The IRS limits the amount of compensation that can be considered under this Plan. This limit is $280,000 and may be adjusted in future years.


Disclaimer

This site is provided to help Kimberly-Clark (K-C) employees better understand their benefit plans. It does not guarantee coverage under a plan and does not provide complete descriptions of K-C benefit plans. K-C reserves the right to change these plans at any time. In all cases, the formal Plan Documents will govern.

If you are an organized hourly employee covered by these plans, see your HR representative or other person designated at your unit for information on how your plan(s) may differ from the information on this site. You may also call the Benefits Information Line at 800-551-2333. Empyrean representatives are available Monday through Friday, 9 a.m. to 5 p.m. ET and Fidelity representatives are available Monday through Friday, 8:30 a.m. to 8:30 p.m. ET. From outside the U.S., dial your country’s toll-free AT&T Direct Access number then enter 800-551-2333.