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Company:
Avnet, Inc.
Plan:
Avnet 401k Plan
 

Avnet, Inc.

67 Plan:

 
 
67
27
73
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (67) and the top rated plan (88) could equate to:
[How is this calculated?]
11 additional years of work
Up to $155,400 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Avnet 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Avnet 401k Plan currently has over 7,600 active participants and over $351.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Low-Priced Stock 12%
2. Fidelity Managed Income Portfolio 10%
3. Fidelity Spartan 500 Index 9%

 Retirement Plan Details

Address 2211 South 47th Street
Phoenix, AZ 85034 
Industry Manufacturing
Administrator Raymond Sadowski
Net Plan Assets $352,000,000
Total Participants 7,700
Avg Account Balance $62,000

  Plan Service Providers

Legal Counsel Covington & Burling
Auditor Mayer Hoffman McCann

 Comments