Plan Ledger DOL Form 5500 · updated monthly

Best Buy Co., Inc.benefits

Best Buy Health and Welfare Wrap Plan · RICHFIELD, MN · plan year 2025

Broker compensation reported · 2025
$784,705

Best Buy Co., Inc.'s benefits plans covered 88,806 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,877,242. Insurance brokers and agents were paid $784,705 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.4% of premiums. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 23% from $1,021,451 in 2024.

Insurance contracts · 202518
VISION SERVICE PLAN · vision$2.8M · 22,046 covered
TRIPLE S SALUD, INC. · health drug dental ppo$746K · 108 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · health$355K · 63 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug ppopremiums n/a · 284 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 2 covered
TRIPLE-S VIDA, INC. · stdpremiums n/a · 126 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 39,973 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 44,889 covered
METLIFE LEGAL PLANSpremiums n/a · 3,047 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 1 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · healthpremiums n/a · 57 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 14 covered
KAISER FOUNDATION HEALTH PLAN, INC. · healthpremiums n/a · 674 covered
KAISER FOUNDATION HEALTH PLAN, INC. · healthpremiums n/a · 1,557 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · healthpremiums n/a · 122 covered
Brokers & agents paid · 202510
ELMC LLC$487,018 · incl $217,379 fees
AON INSURANCE AGENCY LLC$61,053 · incl $6,372 fees
CUSTOM BENEFIT PROGRAMS INC$114,643 · incl $7,566 fees
ALIGHT SOLUTIONS$56,811 · incl $3,111 fees
HEWITT ASSOCIATES, LLC$2,767 · incl $2,767 fees
AON CONSULTING$2,191 · incl $2,191 fees
AON CONSULTING INC$20,182 · incl $18,155 fees
ALIGHT SOLUTIONS LLC$51 · incl $51 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410907483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.