1342 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.
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.
Ability to invest with company match and also offered discounted employee stock purchasing
company matches dollar for dollar up to 3%, .50 from 4-5%, and .25 for 6%.
They match a certain percentage which is great.
Rare that employees match up to 6%
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.
100% match up to 3%, then they will half match to 6%
Lowe's matches your 401K withholdings from your check, up to 3%
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.
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.