1734 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.
Had Great plan and great match
Don't count on Lowe's being around when I'm able to retire. Restrict how much you can invest in their own company.
The usual 401k most companies provide
Self service mostly through Wells Fargo.
Matching up to a certain percent.
401 K is at par as the industry. Contribution match is lower than what other retailers are currently giving there employees.
They match up to 3.5%. Under previous leadership, it was 6%.
4% match which is standard
It’s not bad to be honest. If you do plan on working there for a long time then your 401K will be bigger.
You can put 25 percent of this in lowes stock. They match 4.25% for the first 6% you put in