BEST BUY ENTERPRISE SERVICES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BEST BUY RETIREMENT SAVINGS PLAN
| Measure | Date | Value |
|---|
| 2022 : BEST BUY RETIREMENT SAVINGS PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $35,545,357 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-260,947,993 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $195,717,103 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $191,543,956 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $-271,899 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $228,016,950 |
| Value of total assets at end of year | 2022-12-31 | $2,439,207,665 |
| Value of total assets at beginning of year | 2022-12-31 | $2,860,327,404 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $4,445,046 |
| Total interest from all sources | 2022-12-31 | $291,213 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $4,345,091 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $151,821,104 |
| Participant contributions at end of year | 2022-12-31 | $5,684,541 |
| Participant contributions at beginning of year | 2022-12-31 | $9,292,891 |
| Participant contributions at end of year | 2022-12-31 | $4,001,389 |
| Participant contributions at beginning of year | 2022-12-31 | $4,037,291 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $-4,993,145 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $4,846,430 |
| Administrative expenses (other) incurred | 2022-12-31 | $4,445,046 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-456,665,096 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,439,207,665 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,860,327,404 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $28,630,445 |
| Interest on participant loans | 2022-12-31 | $279,647 |
| Income. Interest from US Government securities | 2022-12-31 | $11,566 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,296,351,527 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $2,645,416,599 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,498,926 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $10,024,418 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $10,024,418 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,443,645 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-489,157,602 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $99,297,804 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $126,540,956 |
| Contributions received in cash from employer | 2022-12-31 | $71,349,416 |
| Employer contributions (assets) at end of year | 2022-12-31 | $1,743,033 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $1,752,228 |
| Income. Dividends from common stock | 2022-12-31 | $4,345,091 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $191,543,956 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $68,256,166 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2022-12-31 | 133891517 |
| 2021 : BEST BUY RETIREMENT SAVINGS PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $2,659,016 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $2,659,016 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $572,873,083 |
| Total loss/gain on sale of assets | 2021-12-31 | $4,164,681 |
| Total of all expenses incurred | 2021-12-31 | $197,906,209 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $193,161,367 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $291,624 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $223,612,128 |
| Value of total assets at end of year | 2021-12-31 | $2,860,327,404 |
| Value of total assets at beginning of year | 2021-12-31 | $2,485,360,530 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $4,453,218 |
| Total interest from all sources | 2021-12-31 | $518,603 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $144,593,936 |
| Participant contributions at end of year | 2021-12-31 | $9,292,891 |
| Participant contributions at beginning of year | 2021-12-31 | $13,414,033 |
| Participant contributions at end of year | 2021-12-31 | $4,037,291 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $-4,993,145 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $-10,232,407 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $9,492,192 |
| Other income not declared elsewhere | 2021-12-31 | $-1,838,621 |
| Administrative expenses (other) incurred | 2021-12-31 | $4,453,218 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $374,966,874 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,860,327,404 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,485,360,530 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $60,794,543 |
| Interest on participant loans | 2021-12-31 | $518,400 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $2,645,416,599 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,224,564,993 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $10,024,418 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $11,275,982 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $11,275,982 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $203 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $343,757,276 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $126,540,956 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $124,004,825 |
| Contributions received in cash from employer | 2021-12-31 | $69,526,000 |
| Employer contributions (assets) at end of year | 2021-12-31 | $1,752,228 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $193,161,367 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $68,256,166 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $61,538,561 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $30,352,131 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $26,187,450 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2021-12-31 | 133891517 |
| 2020 : BEST BUY RETIREMENT SAVINGS PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-6,464,968 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-6,464,968 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $181,757 |
| Total income from all sources (including contributions) | 2020-12-31 | $484,746,940 |
| Total loss/gain on sale of assets | 2020-12-31 | $26,348,080 |
| Total of all expenses incurred | 2020-12-31 | $260,913,585 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $256,186,568 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $171,363,771 |
| Value of total assets at end of year | 2020-12-31 | $2,485,360,530 |
| Value of total assets at beginning of year | 2020-12-31 | $2,261,708,932 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $4,727,017 |
| Total interest from all sources | 2020-12-31 | $635,602 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $127,924,171 |
| Participant contributions at end of year | 2020-12-31 | $13,414,033 |
| Participant contributions at beginning of year | 2020-12-31 | $2,130,826 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $-10,232,407 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $-3,813,097 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $3,905,719 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $181,757 |
| Other income not declared elsewhere | 2020-12-31 | $-3,025,175 |
| Administrative expenses (other) incurred | 2020-12-31 | $2,665,716 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $223,833,355 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,485,360,530 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,261,527,175 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $2,061,301 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $929,231,133 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $60,794,543 |
| Interest on participant loans | 2020-12-31 | $623,449 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,224,564,993 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,203,777,014 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $11,275,982 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $6,707,284 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $6,707,284 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $12,153 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $105,092,634 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $190,796,996 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $124,004,825 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $123,675,772 |
| Contributions received in cash from employer | 2020-12-31 | $39,533,881 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $256,186,568 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $61,538,561 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $64,316,344 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $37,968,264 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2020-12-31 | 133891517 |
| 2019 : BEST BUY RETIREMENT SAVINGS PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $-13,149,579 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $-13,149,579 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $181,757 |
| Total income from all sources (including contributions) | 2019-12-31 | $651,170,938 |
| Total of all expenses incurred | 2019-12-31 | $167,706,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $164,923,956 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $207,902,703 |
| Value of total assets at end of year | 2019-12-31 | $2,261,708,932 |
| Value of total assets at beginning of year | 2019-12-31 | $1,778,063,233 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,783,040 |
| Total interest from all sources | 2019-12-31 | $319,435 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $19,422,081 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $16,516,161 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $133,724,841 |
| Participant contributions at end of year | 2019-12-31 | $2,130,826 |
| Participant contributions at beginning of year | 2019-12-31 | $3,971,930 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $-3,813,097 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $7,967,462 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $181,757 |
| Administrative expenses (other) incurred | 2019-12-31 | $2,783,040 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $483,463,942 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,261,527,175 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,778,063,233 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $929,231,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $890,298,787 |
| Interest on participant loans | 2019-12-31 | $116,707 |
| Interest earned on other investments | 2019-12-31 | $145,180 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,203,777,014 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $800,680,399 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $6,707,284 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $833,357 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $833,357 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $57,548 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $266,533,335 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $170,142,963 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $123,675,772 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $82,278,760 |
| Contributions received in cash from employer | 2019-12-31 | $66,210,400 |
| Income. Dividends from common stock | 2019-12-31 | $2,905,920 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $164,923,956 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2019-12-31 | 133891517 |
| 2018 : BEST BUY RETIREMENT SAVINGS PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-41,282,836 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-41,282,836 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $75,827,639 |
| Total of all expenses incurred | 2018-12-31 | $126,605,266 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $125,090,857 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $-1,858,019 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $186,892,661 |
| Value of total assets at end of year | 2018-12-31 | $1,778,063,233 |
| Value of total assets at beginning of year | 2018-12-31 | $1,828,840,860 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $3,372,428 |
| Total interest from all sources | 2018-12-31 | $379,110 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $19,210,086 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $16,463,815 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $120,854,112 |
| Participant contributions at end of year | 2018-12-31 | $3,971,930 |
| Participant contributions at beginning of year | 2018-12-31 | $9,577,216 |
| Participant contributions at beginning of year | 2018-12-31 | $2,550,918 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $6,394,938 |
| Administrative expenses (other) incurred | 2018-12-31 | $3,372,428 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-50,777,627 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,778,063,233 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,828,840,860 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $890,298,787 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $979,140,527 |
| Interest on participant loans | 2018-12-31 | $271,761 |
| Interest earned on other investments | 2018-12-31 | $55,078 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $800,680,399 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $721,316,082 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $833,357 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $3,992,676 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $3,992,676 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $52,271 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-61,749,396 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-27,621,986 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $82,278,760 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $110,967,892 |
| Contributions received in cash from employer | 2018-12-31 | $59,643,611 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $1,295,549 |
| Income. Dividends from common stock | 2018-12-31 | $2,746,271 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $125,090,857 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2018-12-31 | 133891517 |
| 2017 : BEST BUY RETIREMENT SAVINGS PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $41,785,658 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $41,785,658 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $751,111 |
| Total income from all sources (including contributions) | 2017-12-31 | $455,380,812 |
| Total loss/gain on sale of assets | 2017-12-31 | $868,011 |
| Total of all expenses incurred | 2017-12-31 | $135,856,130 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $132,846,732 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $-150,491 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $166,562,194 |
| Value of total assets at end of year | 2017-12-31 | $1,828,840,860 |
| Value of total assets at beginning of year | 2017-12-31 | $1,510,067,289 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $3,159,889 |
| Total interest from all sources | 2017-12-31 | $592,872 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $18,057,070 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $15,792,520 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $107,244,393 |
| Participant contributions at end of year | 2017-12-31 | $9,577,216 |
| Participant contributions at beginning of year | 2017-12-31 | $19,111,871 |
| Participant contributions at end of year | 2017-12-31 | $2,550,918 |
| Participant contributions at beginning of year | 2017-12-31 | $2,257,952 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $3,272,195 |
| Other income not declared elsewhere | 2017-12-31 | $63,176 |
| Administrative expenses (other) incurred | 2017-12-31 | $3,159,889 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $751,111 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $319,524,682 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $1,828,840,860 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,509,316,178 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $979,140,527 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $793,039,552 |
| Interest on participant loans | 2017-12-31 | $591,961 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $721,316,082 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $613,219,664 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $3,992,676 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $3,995,971 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $3,995,971 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $911 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $129,809,651 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $97,642,180 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $110,967,892 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $77,228,285 |
| Contributions received in cash from employer | 2017-12-31 | $56,045,606 |
| Employer contributions (assets) at end of year | 2017-12-31 | $1,295,549 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $1,213,994 |
| Income. Dividends from common stock | 2017-12-31 | $2,264,550 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $132,846,732 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $10,763,815 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $9,895,804 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | DELOITTE & TOUCHE, LLP |
| Accountancy firm EIN | 2017-12-31 | 133891517 |
