401(k) Monitor

Best Buy vs Lowe's 401(k) match: 4% vs 4.25%

+0.25 pts

Winner on the headline number: Lowe's, at 4.25% of pay against Best Buy's 4%. Both filings disclose the full formula, so the two numbers compare like for like; vesting, true-up and enrollment defaults still differ line by line below.

On a $60,000 salary, that gap is worth $150 a year more in employer money from Lowe's.

Filings lag by design and formulas can change between them. Why filings lag

Which 401(k) match is larger, Best Buy or Lowe's?

Lowe's offers the larger 401(k) match: up to 4.25% of pay against Best Buy's 4%, per each company's SEC Form 11-K for the plan year ended December 31, 2025.

Best BuyLowe's
Maximum employer matchThe most the employer adds, as a share of your pay.4% of pay4.25% of pay (the larger maximum match)
Match formula100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, then 25% of the next 1% of pay
Contribute to collect it allWhat you must put in to earn the full match.5% of pay6% of pay
Vesting of the matchImmediate: employer match is 100% vested when contributedImmediate: employer match is 100% vested when contributed
Automatic enrollmentNot mentioned in the filingNo
Plan yearEnded December 31, 2025Ended December 31, 2025

Read from each company's most recent SEC Form 11-K filing. When a filing does not disclose something, we say so instead of guessing.

Useful links

More comparisons

The figure is the gap between the two maximum matches, in percentage points of pay.