Defined Benefit (Pension) · DOL Form 5500 · 2024

Avnet, Inc. Pension Plan

Data updated 2026-08-25

$472M
Total assets Above avg plan size
2,732
Participants Above avg headcount
97th
Percentile by assets National rank
$172,917
Avg per participant Above avg balance/head
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Official DOL plan name: Avnet Pension Plan · Sponsored by Avnet, Inc. · Arizona · Manufacturing

$472M in assets, 2,732 participants

Avnet, Inc.'s Avnet Pension Plan reported $472M in total assets and 2,732 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #16,948 in Manufacturing (17,777 peers)

Coverage in Arizona

Avnet Pension Plan covers 2,732 participants in Arizona, 4.8x the typical Arizona plan (state average ~564 per filing). Assets: $472M.

#16,948
in Manufacturing (17,777 peers)
-5.8%
assets change YoY
4.7×
vs typical plan assets (national mean)

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Avnet Pension Plan's outsized position by total assets

Avnet Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$472,409,413 Top 3% higher than 97% 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 Pension 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 Pension Plan lands in the large band (2,732 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Avnet Pension Plan reported net income rose from -$90M in the plan year 2023 filing to -$29M in the plan year 2024 filing.
  • Avnet Pension Plan reported participants rose from 2,483 in the plan year 2023 filing to 2,732 in the plan year 2024 filing.
  • Avnet Pension Plan end-of-year assets fell from $501M in the plan year 2023 filing to $472M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 111890605 · Avnet, Inc. PY 2024 · Defined Benefit (Pension)

Avnet Pension Plan · $472M · 2,732 · 97th

  • SCH $472M
  • EBSA 2,732
  • PART 97th
  • TYPE Defined Benefit (Pension)
  • NET near Abbvie Puerto Rico Pension Plan
  • BOOK ind #16948

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 Pension Plan in the asset neighbourhood

Avnet Pension Plan$472MAbbvie Puerto Rico Pension PlanAbbvie Puerto Rico Pension P…$472MPension Plan of the Segal CompanyPension Plan of the Segal Co…$471MVulcan Materials Company Pension PlanVulcan Materials Company Pen…$471MEnbridge Gas Ohio Union Pension PlanEnbridge Gas Ohio Union Pens…$471M
End-of-year total assets ($M) among Avnet Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$501M
Net Assets (End of Year)$472M
Net Income-$29M
Employer EIN111890605
Plan Effective Date1963-10-21
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 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 Scatter plot of 6 data points. -100000100002000030000 01234 Total assets ($B) Participants Avnet Pension Plan, Total assets ($B): 0.472409413 · Participants: 2732Avnet Pension PlanPinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.099073138 · Participants: 6044Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.908519301 · Participants: 4989Salt River Project Employees' Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.037847285 · Participants: 24099Desert States Employers & Ufcw Unions Pension PlanArizona Pipe Trades Pension Plan, Total assets ($B): 0.418546411 · Participants: 2281Arizona Pipe Trades Pension PlanLiberty Utilities Defined Benefit Pension Plan, Total assets ($B): 0.405330549 · Participants: 578Liberty Utilities Defined Benefit Pension Plan
Avnet Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
Compare Avnet Pension Plan side-by-side with 3 peers →

Avnet Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Abbvie Puerto Rico Pension Plan in PR ($472M); by covered participants it is Harvard University Retirement Plan in MA (2,732 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($472M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,732 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 Pension Plan assets move in 2024? ▼
Avnet Pension Plan pulled back noticeably - down 5.8% during 2024, from $501M to $472M. Reported net income was -$29M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Avnet Pension Plan ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Avnet Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Abbvie Puerto Rico Pension Plan in PR ($472M, 1,070 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Avnet Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Harvard University Retirement Plan in MA (2,732 participants, $1.6B 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.