Its a easier way to keep track of how much Lowes paid and matched each employee last year !!
2 replies (most recent on top)
Look at your paystub. Lowes contribution to medical benefits went down 5.5%. Your contribution went up 5.15%. That’s a Pay Cut, plain and simple! That’s just one example of how the company is gaining income. And no, they don’t disclose any of this which is a requirement by federal law.
Don't be duped, this is the way Lowes and Hewitt comply as far as notice regarding ERISA. Join the class action suit against them. They give you no notice of changes, no EOB and never account for where your hard earned dollars go. You might as well wipe your fanny with this useless archaic output on a system held secret from you. Lowes could not pass a compliance test with their multiparty shell game by any accounting standard.
Resist and question all your deductions, even tax payments. Also go over your vacation pay and healthcare. If you don't they keep your money! Love where you live!