Lowe's 401K Plan

Updated Feb 12, 2015

487 of 512 employees reported this benefit.

Lowe's offers a 401(k) Plan in which employees can contribute 1% to 50% of eligible compensation. This cannot exceed $18,000 in calendar year 2015. Lowe's also includes a matchiing structure based on the level of employee contribution.

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This benefit is offered to US-based employees

Employee Comments

  • Sep 29, 2015
    Former ASM- Assistant Store Manager in Irving, Texas

    Wells Fargo is the admin and offers a good choice of investment options.

  • Sep 28, 2015
    Former Employee in Heath, Ohio

    not good at all at least when I was there.

  • Sep 20, 2015
    Current CSA in Detroit, Michigan

    Not great but it is decent.

  • Sep 19, 2015
    Former Department Manager in Bloomington, Indiana

    The fact that they offer a match is great.

  • Sep 19, 2015
    Former Employee in Charlotte, North Carolina

    3% employee match which is standard

  • Sep 14, 2015
    Current Department Manager - Plumbing in Denton, Texas

    Good options from reputable company. Company matches a portion of employee contributions.

  • Sep 13, 2015
    Current Employee in Grand Junction, Colorado

    still a company match up to 3% tapering off to where 6% contribution won't lower take-home pay.

  • Aug 29, 2015
    Current CSA Lowes in Reynoldsburg, Ohio

    ya can't afford it.

  • Aug 28, 2015
    Current Assistant Store Manager in Conyers, Georgia

    Standard match system. 100% up to 3% and 50% up to 6%

  • Aug 28, 2015
    Former Employee in Lumberton, North Carolina

    Good plan and also you have an option to participate in Etrade stock plan where you can by stock twice a year at discounted prices.

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