How to display company retirement plan contribution on pay stub?
I have a client that has a 3% match for the company's 401(k) plan. Currently their pay stubs show the employee's contribution to the 401(k) plan, but how do we display the company's matching contribution to the 401(k) plan on the pay stub?
I'm here to help share information about the information displayed on the pay stubs in QuickBooks Online (QBO).
The employees' pay stubs shows how much their total pay and tax deductions. This is the reason why only the employees' contributions reflect on their pay stubs.
As of now, there isn't an option to display the company/employer contribution on the employees' pay stubs. However, if you are an employer, you can run or pull up the Payroll Summary report if you wish to view/see both the employee and the employer taxes and contributions. On the other hand, if you are an employee, you can ask your employer to print out the same report mentioned earlier.
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