@ChristyF5

You need three accounts in your chart of accounts:

1) Wage expense

2) 401K employer contribution (expense)

3) 401K payable (other current liability)

The proper journal entry for the employee's 401K contribution is a debit to wage expense and a credit to 401K payable other current liability account.  The employer's portion is a debit to 401K employer contribution expense account and a credit to the same 401K payable other current liability account.