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In other words, the matching is done on a per-paycheck basis and there is no "annual" calculation that is done, other than the annual max for the employee contributions.

That's exactly how my company did it.
The also said that after the end of the year they would "true up" the company match for people who hit the annual cap before the end of the year.
I was never 100% sure that they did it right, so I spread my 6% evenly over the year. The excess between that and the annual maximum, I added early in the year. So for my first N paychecks the amount was maybe 10%-15% and the last (52 - N) paychecks were at 6%.
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