Lowe's 401(k) at a glance
| Employer match | Lowe's matches 100% of the first 3%, 50% of the next 2% and 25% of the next 1% you contribute (max 4.25% of pay if you put in 6%). |
|---|---|
| Maximum match | 4.25% of pay |
| Contribution needed for full match | 6% of pay |
| Vesting | ImmediateAll contributions, including the match, are 100% vested immediately. |
| Eligibility | Employees can join on the first day of the month after 30 days from hire. |
| Automatic enrollment | No automatic enrollment: employees must make an active election. |
| Roth 401(k) option | Yes |
| Stock purchase plan | Lowe's offers an employee stock purchase plan (per 10-K). |
| Plan provider | Principal Financial Group |
| Who this applies to | Most US employees of Lowe's and Artisan Design Group (FBM employees have separate plans) |
How much is the Lowe's match worth?
If you contribute 6% of your pay, Lowe's adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (6%) | Lowe's match |
|---|---|---|
| $40,000 | $2,400 | $1,700 |
| $60,000 | $3,600 | $2,550 |
| $90,000 | $5,400 | $3,825 |
| $150,000 | $9,000 | $6,375 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- Match is made each payroll period.
Other Lowe's retirement benefits
- Catch-up contributions are matched
- Safe harbor plan design
How to make the most of your Lowe's 401(k)
- Always get the full match. Contribute at least 6% 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 Lowe's match 401(k) contributions?
Lowe's matches 100% of the first 3%, 50% of the next 2% and 25% of the next 1% you contribute (max 4.25% of pay if you put in 6%).
When does the Lowe's 401(k) match vest?
All contributions, including the match, are 100% vested immediately.
When can I join the Lowe's 401(k)?
Employees can join on the first day of the month after 30 days from hire.
How much should I contribute to get the full Lowe's match?
Contribute at least 6% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2025)
- Lowe's 401(k) Plan Form 11-K (FY2025) — Lowe's / SEC (2026-06-24)
- Lowe's Form 10-K — Lowe's / SEC
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.