You don't have excess contributions because IRAs and 401ks are two separate things, and you are within the contribution limits for both.
Whether the $5500 traditional IRA is deductible is another story. If your modified AGI (roughly, your income) was less than certain limits then the entire contribution is deductible. The limits are $61k for an individual return and $98k for a joint return.
See the IRS chart here: IRA
deductibility - covered by employer plan
The $1560 401k contribution will be deductible, regardless of income.
