Pat and Tracy would like to continue their 401(k) plan so employees may contribute to their own retirement. But they would also like to shift more of the employer-out-of-pocket contribution in their own favor and maximize their own deferrals: $15,500 plus the $5,000 catch-up amount.

They are willing to continue matching 3% of salary for their employees, perhaps even a bit more, if their own contributions could be increased.