Home Depot 401(k) at a glance
| Employer match | Home Depot matches 150% of the first 1% of pay you contribute and 50% of the next 4% (max 3.5% of pay). |
|---|---|
| Maximum match | 3.5% of pay |
| Contribution needed for full match | 5% of pay |
| Vesting | 3 years to fully vestMatching contributions are 100% cliff-vested after 3 years of service. |
| Eligibility | Associates can contribute from hire. The match starts after one year of service with 1,000 hours, or after two years of service regardless of hours. |
| Roth 401(k) option | Yes |
| Pension | No |
| Plan provider | Alight |
| Who this applies to | US associates (FutureBuilder 401(k) Plan) |
How much is the Home Depot match worth?
If you contribute 5% of your pay, Home Depot adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (5%) | Home Depot match |
|---|---|---|
| $40,000 | $2,000 | $1,400 |
| $60,000 | $3,000 | $2,100 |
| $90,000 | $4,500 | $3,150 |
| $150,000 | $7,500 | $5,250 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- The formula comes from the 2017 SEC 11-K and matches current secondary sources. Some sites wrongly list 100% of 3% + 50% of 2%.
- Roth contributions are matched.
How to make the most of your Home Depot 401(k)
- Always get the full match. Contribute at least 5% of pay. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does Home Depot match 401(k) contributions?
Home Depot matches 150% of the first 1% of pay you contribute and 50% of the next 4% (max 3.5% of pay).
When does the Home Depot 401(k) match vest?
Matching contributions are 100% cliff-vested after 3 years of service.
When can I join the Home Depot 401(k)?
Associates can contribute from hire. The match starts after one year of service with 1,000 hours, or after two years of service regardless of hours.
How much should I contribute to get the full Home Depot match?
Contribute at least 5% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2025)
- The Home Depot FutureBuilder 11-K for 2017 — SEC EDGAR (2018)
- Home Depot 401(k) — Beagle
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.