401(k) · DOL Form 5500 · 2024

Avnet, Inc. 401(k) Plan

Data updated 2026-08-25

$624M
Total assets Above avg plan size
3,029
Participants Above avg headcount
98th
Percentile by assets National rank
$206,114
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Avnet 401(k) Plan · Sponsored by Avnet, Inc. · Arizona · Manufacturing

$624M in assets, 3,029 participants

Avnet, Inc.'s Avnet 401(k) Plan reported $624M in total assets and 3,029 participants in its 2024 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.

  • #17,110 in Manufacturing (17,777 peers)

Coverage in Arizona

Avnet 401(k) Plan covers 3,029 participants in Arizona, 5.4x the typical Arizona plan (state average ~564 per filing). Assets: $624M.

#17,110
in Manufacturing (17,777 peers)
+2.5%
assets growth YoY
6.3×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$624,319,254 Top 2% higher than 98% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avnet 401(k) Plan lands in the large band (3,029 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Avnet 401(k) Plan reported net income fell from $71M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Avnet 401(k) Plan end-of-year assets rose from $609M in the plan year 2023 filing to $624M in the plan year 2024 filing.
  • Avnet 401(k) Plan reported participants rose from 2,972 in the plan year 2023 filing to 3,029 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 111890605 · Avnet, Inc. PY 2024 · 401(k)

Avnet 401(k) Plan · $624M · 3,029 · 98th

  • NET $624M
  • BOOK 3,029
  • VS-ST 98th
  • BOY 401(k)
  • SCH near Ttm Technologies 401(k) Retirement Savings Plan
  • EBSA ind #17110

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

Jenner & Block Profit Sharing Plan - #201Jenner & Block Profit Sharin…$625MTtm Technologies 401(k) Retirement Savings PlanTtm Technologies 401(k) Reti…$625MAvnet 401(k) Plan$624MJackson Lewis P.C. Retirement Savings PlanJackson Lewis P.C. Retiremen…$624MEssential Utilities, Inc. 401(k) PlanEssential Utilities, Inc. 40…$624M
End-of-year total assets ($M) among Avnet 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$609M
Net Assets (End of Year)$624M
Net Income$15M
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 02468 Total assets ($B) Participants Avnet 401(k) Plan, Total assets ($B): 0.624319254 · Participants: 3029Avnet 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 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 Ttm Technologies 401(k) Retirement Savings Plan in CO ($625M); by covered participants it is Thinkfoodgroup, LLC 401(k) Profit Sharing Plan & Trust in DC (3,029 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($624M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,029 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Avnet 401(k) Plan edged up modestly - up 2.5% during 2024, from $609M to $624M. Reported net income was $15M.
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 123,622 plans that reported assets for plan year 2024 (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 Ttm Technologies 401(k) Retirement Savings Plan in CO ($625M, 5,527 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 Thinkfoodgroup, LLC 401(k) Profit Sharing Plan & Trust in DC (3,029 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.