401(k) · DOL Form 5500 · 2022

Avnet, Inc. 401(k) Plan

Data updated 2026-08-11

$538M
Total assets
2,900
Participants
98th
Percentile by assets
$185,430
Avg per participant
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Official DOL plan name: Avnet 401(k) Plan · Sponsored by Avnet, Inc. · Arizona · Manufacturing

$538M in assets, 2,900 participants

Avnet, Inc.'s Avnet 401(k) Plan reported $538M in total assets and 2,900 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #19,917 in Manufacturing (20,602 peers)

Coverage in Arizona

Avnet 401(k) Plan covers 2,900 participants in Arizona, 5.1x the typical Arizona plan (state average ~564 per filing). Assets: $538M.

$538M
total plan assets (2022 EOY)
2,900
covered participants
98th
percentile by assets (of 139,126 plans)
$185,430
avg assets per participant

The plan reported a net loss of $143M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Arizona
Industry
Manufacturing

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Avnet 401(k) Plan reports 2,900 participants - 5.1x that state average ($538M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$681M
Net Assets (End of Year)$538M
Net Income-$143M
Employer EIN111890605
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avnet, Inc.)

$1.09B$1.1B$1.11B$1.12B$1.13B$1.14B 202220232024 $1.13B $1.1B ▼ -2.7%
Total plan assets by year, all Avnet, Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,509 $1.1B
2023 2 5,455 $1.1B
2024 2 5,761 $1.1B

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Avnet 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Avnet 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0200004000060000 01234 Total assets ($B) Participants Avnet 401(k) PlanBanner Health Employ…Freeport-Mcmoran Inc…Republic Services, I…Stantec 401(k) PlanReliance Steel & Alu…
Avnet 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Avnet 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Avnet 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Avnet 401(k) Plan assets move in 2022? ▼
Avnet 401(k) Plan declined sharply - down 21.0% during 2022, from $681M to $538M. Reported net income was -$143M.
How have Avnet, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avnet, Inc.'s sponsor-wide assets declined 2.9%, from $1.1B to $1.1B.
Where does Avnet 401(k) Plan rank by assets among Form 5500 filers? ▼
Avnet 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Avnet 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Scotts Company LLC Retirement Savings Plan in OH ($537M, 6,354 participants).

Next read for Avnet 401(k) Plan

Filing takeaways

Ways to act on Avnet 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 111890605.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.