2023 Form 5500 filing — Avnet Pension Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010191222NAL0021664945001) for Avnet Pension Plan, reported by Avnet, Inc. under EIN 11-1890605 and plan number 001. It reports 10,773 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010191222NAL0021664945001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Avnet, Inc.
- EIN
- 11-1890605
- Plan number
- 001
- Location
- Phoenix, AZ
- Participants
- 10,773
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $501,291,380
- Total liabilities (EOY)
- $123,544
- Net assets (EOY)
- $501,167,836
- Employer contributions
- $8,000,000
- Total income / additions
- $49,270,277
- Benefits paid
- $135,287,790
- Administrative expenses
- $3,990,527
- Total expenses
- $139,278,317
- Net increase / (decrease)
- -$90,008,040
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,434,702 | not reported in the loaded dataset |
| Towers Watson Investment Services | NONE | $381,613 | not reported in the loaded dataset |
| The Northern Trust Co | TRUSTEE | $252,964 | not reported in the loaded dataset |
| Blackrock | NONE | $80,919 | not reported in the loaded dataset |
| Cbiz Cpas Pc | NONE | $32,380 | not reported in the loaded dataset |
| Snell & Wilmer Llp | NONE | $21,504 | not reported in the loaded dataset |
| Independent Insurance Analysts, LLC | NONE | $7,500 | not reported in the loaded dataset |