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An employer offers a 4 0 1 ( K ) plan to its employees. The company will match the employee's contribution up to a maximum

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An employer offers a 401(K) plan to its employees. The company will match the employee's contribution up to a maximum of 5% of compensation. Fred earns a salary of $3,000 per month. In March, he contributed $500 to the 401(k) plan.
What is the employer's 401(k) expense for March related to Fred?
$150
$300
$500.
$1,000
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