Definitions for "employer matching contribution"
The amount, if any, that a company contributes to its employees retirement...
An employer contribution that is allocated on the basis of a participant's elective contribution (salary deferral). The rate of matching contribution may be specified in the plan document or may be determined at the discretion of the employer. It may be made on an ongoing basis, as salary deferrals are paid into the 401(k) plan, or at the end of the plan year.
The amount, if any, that the employer contributes to the employee's 401(k) account. Matching contributions are usually configured to provide a set percentage of an employee's contribution up to a fixed limit.