BrightScope Rating
Company:
Lowe's Companies, Inc.
Plan:
Lowe's 401k Plan
Lowe's Companies, Inc.
53
Plan:
Lowe's 401k Plan
7
52
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (53) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $190,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
Lowe's 401k Plan is a defined contribution plan with a 401k feature, profit-sharing component, and ESOP component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Total Plan Cost. Lowe's 401k Plan currently has over 211,900 active participants and over $1.9B in plan assets.
Plan Details
| Address | 1605 Curtis Bridge Rd Wilkesboro, NC 28697 |
| Industry | Home Centers |
| Administrator | David R. Green Vp Tax |
| Net Plan Assets | $1,920,000,000 |
| Total Participants | 240,000 |
| Avg Account Balance | $8,100 |
Top 3 Investment Holdings
| 1. | Lowe's Companies, Inc. Common Stock | 70% |
| 2. | MetLife Guaranteed Investment Contract | 5% |
| 3. | Franklin Balance Sheet Investment | 3% |
Other Companies in Peer Group
| CVS Caremark | 58.7 |
| Walgreen Co. | 58.2 |
| Publix Super Markets | 55.7 |
| Publix Super Markets | 54.5 |
| The Home Depot | 50.9 |
| The Kroger Co. | 44.2 |
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