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Company:
Lowe's Companies, Inc.
Plan:
Lowe's 401k Plan
 

Lowe's Companies, Inc.

58 Plan: Lowe's 401k Plan

 
 
58
36
56
79
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (58) and the top rated plan (79) could equate to:
[How is this calculated?]
9 additional years of work
Up to $104,600 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.

 

 Comments

Retirement Plan Description

Lowe's 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Total Plan Cost. Lowe's 401k Plan currently has over 259,600 active participants and over $2.8B in plan assets.

 Retirement Plan Details

Address 1605 Curtis Bridge Rd
Wilkesboro, NC 28697 
Industry Home Centers
Administrator David Green
Net Plan Assets $2,790,000,000
Total Participants 260,000
Avg Account Balance $11,000

 Compare Other Companies in Peer Group

Publix Super Markets 57.8
Best Buy Co. 57.5
The Home Depot 57.2
Starbucks 48.8
Safeway 48.5
The Kroger Co. 46.4

 Top 3 Funds in this 401k

1. Lowe's Companies, Inc. Common Stock 56%
2. MetLife Guaranteed Investment Contract 7%
3. T. Rowe Price Mid-Cap Growth 5%

  Plan Service Providers

Insurance Carrier MetLife
Administration Wells Fargo (Wachovia)
Auditor Deloitte & Touche, LLP
Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)

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