Lowe's Employee Benefit: 401K Plan | Glassdoor

Lowe's 401K Plan

Updated Feb 12, 2015

1734 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 337
  • Aug 18, 2019
    StarStarStarStarStar Former Sales Manager in Rockledge, Florida

    Had Great plan and great match

  • Aug 13, 2019
    StarStarStarStarStar Former Kitchen Designer in Towson, Maryland

    Don't count on Lowe's being around when I'm able to retire. Restrict how much you can invest in their own company.

  • Jun 25, 2019
    StarStarStarStarStar Current Employee in Sanford, Florida

    The usual 401k most companies provide

  • Jun 20, 2019
    StarStarStarStarStar Former Employee in Mooresville, North Carolina

    Self service mostly through Wells Fargo.

  • Jun 16, 2019
    StarStarStarStarStar Current Customer Service Associate in Union, New Jersey

    Matching up to a certain percent.

  • Jun 10, 2019
    StarStarStarStarStar Current Retail Store Manager in North Plainfield, New Jersey

    401 K is at par as the industry. Contribution match is lower than what other retailers are currently giving there employees.

  • May 30, 2019
    StarStarStarStarStar Current Employee in Mooresville, North Carolina

    They match up to 3.5%. Under previous leadership, it was 6%.

  • May 20, 2019
    StarStarStarStarStar Former Project Manger in Mooresville, North Carolina

    4% match which is standard

  • May 02, 2019
    StarStarStarStarStar Former Sales Associate - Paint Department in Apple Valley, California

    It’s not bad to be honest. If you do plan on working there for a long time then your 401K will be bigger.

  • Apr 11, 2019
    StarStarStarStarStar Current Millwork Sales Specialist in San Diego, California

    You can put 25 percent of this in lowes stock. They match 4.25% for the first 6% you put in

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