Best Buy Co., Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Best Buy Co., Inc. 401(k) Login
We don't have a verified login link for this plan's recordkeeper. Beagle can locate your account.
Retirement plan providers can change. This information is from the plan's 2016 filing.
Best Buy Co., Inc. 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Jul 20, 2017. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $152.4 million went into the plan in contributions, $51.3 million of it from the employer (34%).
- $138.7 million was paid out to participants.
- Investment and other income added $144.8 million.
- Administrative expenses were $5.28 million, about $104 per account.
How the Best Buy Co., Inc. 401(k) changed, 2011–2016
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2011 | 108,447 | $1.01 billion | $62.2 million | $94.5 million |
| 2012 | 120,632 | $1.09 billion | $63.6 million | $156.7 million |
| 2013 | 115,517 | $1.43 billion | $59.7 million | $168.1 million |
| 2014 | 124,350 | $1.41 billion | $53.9 million | $229.9 million |
| 2015 | 133,663 | $1.36 billion | $49.3 million | $161.4 million |
| 2016 | 137,746 | $1.51 billion | $51.3 million | $138.7 million |
Best Buy Co., Inc. 401(k) Contact Information
Questions about the Best Buy Co., Inc. 401(k)
Is the Best Buy Co., Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.
Does Best Buy Co., Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $51.3 million, 34% of all contributions.
Does the Best Buy Co., Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Best Buy Co., Inc 401(k) plan?
137,746 participants at the start of plan year 2016, 124,894 of them active employees, and 13,378 former employees who still had money in the plan.
What is the average 401(k) balance at Best Buy Co., Inc?
About $29,832 per account: $1.51 billion in plan assets across 50,619 accounts with a balance at the end of plan year 2016.
Who manages the Best Buy Co., Inc 401(k) accounts?
HEWITT ASSOCIATES LLC is the plan's recordkeeper, which is where participants log in to see their balance.