The 401 is good. They well match you up to 6% but at different rates. Its a little difficult to explain. But they only match the first 2% that you pay into it at 100% then it go's down from there. It is still an OK plan.
Same as everywhere off. Pittance, 1 or 2 percent match or some garbage, unless you have a cpa or family who knows what to do about a 401k, Lowe's won't actively give you the documentation to learn about it yourself, and HR will never help you with issues pertaining to your insurance, benefits, 401k, or workers comp.
They matched it up to a certain percent.
They match you on your part of contribution
good benefits at lowes home
Must always think of the future and this is a good way to go. It can be set up as an automatic deduction from paycheck so you dont miss it.
Competitive with other companies in the industry.
4% matching from the company - competitive with marketplace. You can put in more money, but it is not matched
401k is offered and most store associates aren't taking advantage of it because they are part time. As a full time associate I took full advantage of the free matching money.
The 401k plan at Lowe's is the best! It is company-matched up to 3% (free money), and you can still choose the plan or stocks you want to invest. It's an easy way for beginners to put money away and invest.