Best Buy Employee Benefit: 401K Plan | Glassdoor

Best Buy 401K Plan

Updated Nov 06, 2015

1448 employees reported this benefit

This benefit does not have a summary yet. Work here in HR?   Add a summary

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 232
  • Jan 22, 2019
    StarStarStarStarStar Current Sales Associate in Davenport, Iowa

    great matching rates honestly. you really couldn't ask for much better as far as that goes. however they HAVE to offer that rate or you would have nothing to retire with because of how horrible they pay you

  • Jan 20, 2019
    StarStarStarStarStar Current Employee in Minneapolis, Minnesota

    Total match on 3% plus 1/2% match on the 4th and 5th% contribution.

  • Jan 07, 2019
    StarStarStarStarStar Former Sales Associate in Chula Vista, California

    Great 401k retirement options they had

  • Nov 13, 2018
    StarStarStarStarStar Former Inventory/Merchandising Supervisor in Irving, Texas

    I got it as soon as my 90 days hit. It was awesome for me because stocks have gone up so much and that's what they're based on. You get to choose which ones to put your money in and at what percent. I can't remember if it was 5% match with a 50% match on the following 3% or if it was 3% match with a 2% 50% match. They also give you the ability to pay someone to choose and control your account for a small fee so that you get the best possible outcome.

  • Oct 27, 2018
    StarStarStarStarStar Current Best Buy Appliances in Valley Stream, New York State

    Solid 401k plan with matching

  • Oct 10, 2018
    StarStarStarStarStar Former Mobile Sales Consultant in Houston, Texas

    You have to be a full time employee to have this benefit.

  • Sep 14, 2018

    It's for full time and part time employees. Best buy matches up to 20 percent of your check.

  • Jul 31, 2018
    StarStarStarStarStar Current Employee in Madison Heights, Michigan

    it transfers over to whatever job you plan on going to in the future..

  • Jul 31, 2018
    StarStarStarStarStar Current Best Buy Mobile Sales Associate in Bay Shore, New York State

    helped me build my 401k and they always send me mail following up on my balance

  • Jul 30, 2018
    StarStarStarStarStar Former System Designer in West Hollywood, California

    I did not participate in the 401K program, but I have heard that it is quite good. Lots of options and matching available.

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