LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is $13,242,785.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is 259

In 2022, the average participant retirement account value for LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is $51,130

In 2022, the estimated average employee contribution amount per participant for LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is $1,671

In 2022, the estimated average employer match for an employee in LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is approximately $564

In 2022, LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN allocates $146,193 to match its employees’ contributions, providing an employer match rate of 32.81% of their contributions

In 2022, the total retirement plan asset growth rate of LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is -15.86%

In 2022, the estimated aggregate retirement account investment gain/loss for LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is -14.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN is 0.27%.

Enrollment Features

LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.