401k Plan data: VOLUNTARY SEPARATION PLAN plan

VOLUNTARY SEPARATION PLAN 401k Plan overview

Plan Name	VOLUNTARY SEPARATION PLAN
Plan identification number	520

VOLUNTARY SEPARATION PLAN Benefits

401k Plan Type	Welfare Benefit
Plan Features/Benefits	Health (other than dental or vision) Life insurance Dental Vision

401k Sponsoring company profile

BEST BUY CO., INC. has sponsored the creation of one or more 401k plans.

Company Name: BEST BUY CO., INC.

Employer identification number (EIN): 410907483

NAIC Classification: 443142
NAIC Description: Electronics Stores

Additional information about BEST BUY CO., INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1990-01-11

Company Identification Number: 0008267206

Legal Registered Office Address: 7601 PENN AVE S C/O TAX DEPT

RICHFIELD
United States of America (USA)
55423

More information about BEST BUY CO., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VOLUNTARY SEPARATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
520 2022-01-01 CHARLIE MONTREUIL 2023-07-27
520 2021-01-01 CHARLIE MONTREUIL 2022-07-26
520 2020-01-01 CHARLIE MONTREUIL 2021-07-12
520 2019-07-01 CHARLIE MONTREUIL 2020-09-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
520	2022-01-01	CHARLIE MONTREUIL	2023-07-27
520	2021-01-01	CHARLIE MONTREUIL	2022-07-26
520	2020-01-01	CHARLIE MONTREUIL	2021-07-12
520	2019-07-01	CHARLIE MONTREUIL	2020-09-14

Plan Statistics for VOLUNTARY SEPARATION PLAN

401k plan membership statisitcs for VOLUNTARY SEPARATION PLAN

Measure Date Value
2022: VOLUNTARY SEPARATION PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 4
Number of retired or separated participants receiving benefits 2022-01-01 103
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 107
2021: VOLUNTARY SEPARATION PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 179
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 7
Number of retired or separated participants receiving benefits 2021-01-01 123
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 130
2020: VOLUNTARY SEPARATION PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 262
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 0
Number of retired or separated participants receiving benefits 2020-01-01 183
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 183
2019: VOLUNTARY SEPARATION PLAN 2019 401k membership
Total participants, beginning-of-year 2019-07-01 1,115
Total number of active participants reported on line 7a of the Form 5500 2019-07-01 0
Number of retired or separated participants receiving benefits 2019-07-01 340
Number of other retired or separated participants entitled to future benefits 2019-07-01 0
Total of all active and inactive participants 2019-07-01 340

Measure	Date	Value
2022: VOLUNTARY SEPARATION PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	4
Number of retired or separated participants receiving benefits	2022-01-01	103
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	107
2021: VOLUNTARY SEPARATION PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	179
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	7
Number of retired or separated participants receiving benefits	2021-01-01	123
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	130
2020: VOLUNTARY SEPARATION PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	262
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	0
Number of retired or separated participants receiving benefits	2020-01-01	183
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	183
2019: VOLUNTARY SEPARATION PLAN 2019 401k membership
Total participants, beginning-of-year	2019-07-01	1,115
Total number of active participants reported on line 7a of the Form 5500	2019-07-01	0
Number of retired or separated participants receiving benefits	2019-07-01	340
Number of other retired or separated participants entitled to future benefits	2019-07-01	0
Total of all active and inactive participants	2019-07-01	340

Form 5500 Responses for VOLUNTARY SEPARATION PLAN

2022: VOLUNTARY SEPARATION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2022-01-01	Plan benefit arrangement – General assets of the sponsor	Yes
2021: VOLUNTARY SEPARATION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2021-01-01	Plan benefit arrangement – General assets of the sponsor	Yes
2020: VOLUNTARY SEPARATION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2020-01-01	Plan benefit arrangement – General assets of the sponsor	Yes
2019: VOLUNTARY SEPARATION PLAN 2019 form 5500 responses
2019-07-01	Type of plan entity	Single employer plan
2019-07-01	First time form 5500 has been submitted	Yes
2019-07-01	Submission has been amended	No
2019-07-01	This submission is the final filing	No
2019-07-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2019-07-01	Plan is a collectively bargained plan	No
2019-07-01	Plan funding arrangement – General assets of the sponsor	Yes
2019-07-01	Plan benefit arrangement – General assets of the sponsor	Yes

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Company Name:	BEST BUY CO., INC.
Employer identification number (EIN):	410907483
NAIC Classification:	443142
NAIC Description:	Electronics Stores

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1990-01-11
Company Identification Number:	0008267206
Legal Registered Office Address:	7601 PENN AVE S C/O TAX DEPT RICHFIELD United States of America (USA) 55423