Originally Posted by Dyrek2

Basically...in order to get the current 12.5% company contribution to your 401k, you have to put in 5% - totaling 17.5%. They'll now put 15% directly into your 401k.

Want to keep putting 17.5% in your 401k? You only need to put 2.5% in, which means you got a 2.5% raise.

Maybe my math is wrong, but that's how I understand the new 401k contribution.