401(k) · DOL Form 5500 · 2022

Avnet, Inc. 401(k) Plan

Data updated 2026-08-25

$538M
Total assets Above avg plan size
2,900
Participants Above avg headcount
98th
Percentile by assets National rank
$185,430
Avg per participant Above avg balance/head
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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.

  • #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.

#19,917
in Manufacturing (20,602 peers)
-21.0%
assets change YoY
5.4×
vs typical plan assets (national mean)

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.

Avnet 401(k) Plan's outsized position by total assets

Avnet 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$537,747,027 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Avnet 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avnet 401(k) Plan lands in the large band (2,900 participants).

DOL schedule card

Filing strip 111890605 · Avnet, Inc. PY 2022 · 401(k)

Avnet 401(k) Plan · $538M · 2,900 · 98th

  • NET $538M
  • BOOK 2,900
  • VS-ST 98th
  • BOY 401(k)
  • SCH near The Scotts Company LLC Retirement Savings Plan
  • EBSA ind #19917

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Arizona →

Avnet 401(k) Plan in the asset neighbourhood

Asurion, LLC 401(k) Plan$539MAvnet 401(k) Plan$538MThe Scotts Company LLC Retirement Savings PlanThe Scotts Company LLC Retir…$537MNixon Peabody LLP Retirement Savings Plan INixon Peabody LLP Retirement…$537MHarman International Industries, Incorporated Retirement Savings PlanHarman International Industr…$537M
End-of-year total assets ($M) among Avnet 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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.)

Sponsor-wide plan assets over time

All Avnet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 2.8622881680677876% vs 2022
2024 filing year
$1.09B$1.1B$1.11B$1.12B$1.13B$1.14B 202220232024 $1.13B $1.1B ▼ -2.7%
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 Scatter plot of 6 data points. 0200004000060000 01234 Total assets ($B) Participants Avnet 401(k) Plan, Total assets ($B): 0.537747027 · Participants: 2900Avnet 401(k) PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
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 →

Avnet 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is The Scotts Company LLC Retirement Savings Plan in OH ($537M); by covered participants it is Avient Retirement Savings Plan in OH (2,900 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,900 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Avnet 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Avient Retirement Savings Plan in OH (2,900 participants, $574M in assets).

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.