Defined Benefit (Pension) · DOL Form 5500 · 2022
Avnet, Inc. Pension Plan
Data updated 2026-08-11
- $591M
- Total assets
- 2,609
- Participants
- 98th
- Percentile by assets
- $226,638
- Avg per participant
Official DOL plan name: Avnet Pension Plan · Sponsored by Avnet, Inc. · Arizona · Manufacturing
$591M in assets, 2,609 participants
Avnet, Inc.'s Avnet Pension Plan reported $591M in total assets and 2,609 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)
- #19,964 in Manufacturing (20,602 peers)
Coverage in Arizona
Avnet Pension Plan covers 2,609 participants in Arizona, 4.6x the typical Arizona plan (state average ~564 per filing). Assets: $591M.
- $591M
- total plan assets (2022 EOY)
- 2,609
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $226,638
- avg assets per participant
The plan reported a net loss of $216M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Arizona filers
In Arizona, the average filing covers about 564 participants across 2,304 plans. Avnet Pension Plan reports 2,609 participants - 4.6x that state average ($591M EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $808M |
|---|---|
| Net Assets (End of Year) | $591M |
| Net Income | -$216M |
| Employer EIN | 111890605 |
| Plan Effective Date | 1963-10-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Avnet, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,509 | $1.1B |
| 2023 | 2 | 5,455 | $1.1B |
| 2024 | 2 | 5,761 | $1.1B |
Nearby Defined Benefit (Pension) Plans in Arizona
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Avnet Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
- Pinnacle West Capital Corporation Retirement Plan $3.2B · 5,840
- Salt River Project Employees' Retirement Plan $2.5B · 4,802
- Freeport Minerals Corporation Retirement Plan $1.4B · 2,788
- Desert States Employers & Ufcw Unions Pension Plan $960M · 25,673
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc. $417M · 608
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Avnet Pension Plan by total assets, not by location.
- General Retirement Plan for Employees of Carpenter Technology Corporation (PA) $591M · 1,073
- Banco Popular De Puerto Rico Retirement Plan (PR) $592M · 2,057
- Rhode Island Energy Retirement Plan (PA) $590M · 585
- Pension Fund of Local No. One of I. a. T. S. E. (NY) $593M · 1,360
Frequently Asked Questions
How did Avnet Pension Plan assets move in 2022? ▼
How have Avnet, Inc. plan assets changed over time? ▼
Where does Avnet Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Avnet Pension Plan? ▼
Next read for Avnet Pension Plan
Filing takeaways
Ways to act on Avnet Pension Plan's numbers.
- By total assets, Avnet Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
- Avnet, Inc.'s sponsor-wide assets have declined 2.9% since 2022 across 3 plan years on file. More Manufacturing plans