Avnet Pension Plan — Form 5500 plan (Avnet, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Avnet Pension Plan is a benefit plan reported by Avnet, Inc. under EIN 11-1890605 and plan number 001. The latest loaded filing year is 2023. The filing reports 10,773 participants and $501,291,380 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Avnet, Inc.
- EIN
- 11-1890605
- Plan number
- 001
- Plan type
- 2
- Location
- Phoenix, AZ
- Latest filing year
- 2023
- Participants
- 10,773
- End-of-year plan assets
- $501,291,380
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,773 | H, C | 20241010191222NAL0021664945001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $501,291,380
- Total liabilities (EOY)
- $123,544
- Net assets (EOY)
- $501,167,836
- Net assets (BOY)
- $591,175,876
Income & contributions
- Employer contributions
- $8,000,000
- Total contributions
- $8,000,000
- Total income / additions
- $49,270,277
Expenses & distributions
- Benefits paid
- $135,287,790
- Administrative expenses
- $3,990,527
- Total expenses
- $139,278,317
- Net increase / (decrease)
- -$90,008,040
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,434,702 | not reported in the loaded dataset | 2023 |
| Towers Watson Investment Services | NONE | $381,613 | not reported in the loaded dataset | 2023 |
| The Northern Trust Co | TRUSTEE | $252,964 | not reported in the loaded dataset | 2023 |
| Blackrock | NONE | $80,919 | not reported in the loaded dataset | 2023 |
| Cbiz Cpas Pc | NONE | $32,380 | not reported in the loaded dataset | 2023 |
| Snell & Wilmer Llp | NONE | $21,504 | not reported in the loaded dataset | 2023 |
| Independent Insurance Analysts, LLC | NONE | $7,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Avnet, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in AZ
- 401(k) and benefit plan filings in Phoenix, AZ
- Willis Towers Watson Us LLC — Schedule C compensation
- Towers Watson Investment Services — Schedule C compensation
- The Northern Trust Co — Schedule C compensation
- Blackrock — Schedule C compensation
- Cbiz Cpas Pc — Schedule C compensation
- Snell & Wilmer Llp — Schedule C compensation
- Independent Insurance Analysts, LLC — Schedule C compensation