Lowe's Employee Benefit: 401K Plan | Glassdoor

Lowe's 401K Plan

Updated Feb 12, 2015

1342 employees reported this benefit


Employer Summary

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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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 276
  • Oct 04, 2017
    StarStarStarStarStar Current Overnight Stocker in Colorado Springs, Colorado

    I wish they wouldn't complicate it by putting it in tiers, up to a certain amount you get 100% contribution, then 50%, then 25% from Lowes.

  • Sep 30, 2017
    StarStarStarStarStar Former Employee in New Port Richey, Florida

    Ability to invest with company match and also offered discounted employee stock purchasing

  • Sep 13, 2017
    StarStarStarStarStar Current Store Manager in Macon, Georgia

    company matches dollar for dollar up to 3%, .50 from 4-5%, and .25 for 6%.

  • Aug 22, 2017
    StarStarStarStarStar Former Millwork Sales Specialist in Buffalo, New York State

    They match a certain percentage which is great.

  • Aug 15, 2017
    StarStarStarStarStar Former Specialist in Louisville, Kentucky

    Rare that employees match up to 6%

  • Aug 06, 2017
    StarStarStarStarStar Current Support Manager in Winston-Salem, North Carolina

    Match dollar for dollar up to 3%, the. .5% on the 4th and .25 on the 5th. Could be better but still good for for a corporation these days.

  • Aug 04, 2017
    StarStarStarStarStar Former Assistant Store Manager in Bozeman, Montana

    100% match up to 3%, then they will half match to 6%

  • Jul 20, 2017
    StarStarStarStarStar Former Administrative in New York, New York State

    Lowe's matches your 401K withholdings from your check, up to 3%

  • Jul 19, 2017
    StarStarStarStarStar Former Employee in Whitehall, Pennsylvania

    401k was average give you no help in finding info.If you had any question about any benefit to HR she would tell you go into lowes life.

  • Jul 16, 2017
    StarStarStarStarStar Current Employee in Atlanta, Georgia

    This is the only decent benefit. This is where you save a small amount of your paycheck if you have any paycheck left after paying your health insurance. And lows will match up to 6% I think. It goes into stock and you can choose a safe plan which pays very little but you won't lose your money savings.

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