Best Buy Enterprise Services, Inc.401(k)
BEST BUY RETIREMENT SAVINGS PLAN · RICHFIELD, MN · plan year 2025
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Best Buy Enterprise Services, Inc. reported $4,532,955 in plan administrative expenses for 2025: 0.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $749 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.17% to 0.14%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other retail trade employers. By assets it is the 15th-largest of 1,918 plans among Minnesota employers on file, and the 20th of 5,215 in retail trade. In 2025, employees put in $2.15 for every $1.00 the employer contributed.
Best Buy Enterprise Services, Inc.'s 2025 employer contribution ran below the $5,084 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 550805038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.