DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Avnet Pension Plan

Corporate pensionPhoenix, AZ
Assets
$472M
Total assets, Dec 31, 2024 reported
Funded
92.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
36
1 managers on Schedule C
Plan sponsor: Avnet, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • 103-12 investment entities 11.0%
  • Common/collective trusts 87.3%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
6 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
36 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 10 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$18.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 15 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$13.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 20 Year Key Rate Duracollective trustBlackrockFixed income$9.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trustBlackrockPooled vehicles$11.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024WTW Gt Diversified Credit Fundcollective trustTowers Watson Investment Services,Private credit$85.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024WTW Gt Diversified Equity Fundcollective trustTowers Watson Investment Services,Hedge / diversifiers$92.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024WTW Gt Long Credit Fundcollective trustTowers Watson Investment Services,Private credit$26.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024WTW Gt Real Asset Fundcollective trustTowers Watson Investment Services,Real assets$95.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga Intermed U.S. Govt Bond Indxcollective trustState Street - Russell 2000Fixed income$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 5 Year Key Rate Duratcollective trustBlackrockFixed income$19.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St Lng US Govt Bd Ind Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$19.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ir+m Intermediate Corp Collect Fundcollective trustIr+m Collective InvestmentPooled vehicles$10.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024WTW Liquid Diversifiers Fund, Ltd103 12 ieTowers Watson Investment Services Inc.Hedge / diversifiers$51.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$8.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Treasury US 10 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$25.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Treasury US 15 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$22.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Treasury U.S. 20 Year Key Rate Duracollective trustBlackrockFixed income$15.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trustBlackrockPooled vehicles$20.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023WTW Gt Diversified Credit Fundcollective trustTowers Watson Investment Services,Private credit$95.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023WTW Gt Diversified Equity Fundcollective trustTowers Watson Investment Services,Hedge / diversifiers$91.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023WTW Gt Long Credit Fundcollective trustTowers Watson Investment Services,Private credit$33.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023WTW Gt Real Asset Fundcollective trustTowers Watson Investment Services,Real assets$101M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Intermed U.S. Govt Bond Indxcollective trustState Street - Russell 2000Fixed income$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Treasury U.S. 5 Year Key Rate Duratcollective trustBlackrockFixed income$23.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$19.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Treasury US 10 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$25.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Treasury US 15 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$21.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Treasury U.S. 20 Year Key Rate Duracollective trustBlackrockFixed income$15.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trustBlackrockPooled vehicles$23.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022WTW Gt Diversified Credit Fundcollective trustTowers Watson Investment Services,Private credit$91.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022WTW Gt Diversified Equity Fundcollective trustTowers Watson Investment Services,Hedge / diversifiers$162M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022WTW Gt Long Credit Fundcollective trustTowers Watson Investment Services,Private credit$30.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022WTW Gt Real Asset Fundcollective trustTowers Watson Investment Services,Real assets$134M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga Intermed U.S. Govt Bond Indxcollective trustState Street - Russell 2000Fixed income$36.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Treasury U.S. 5 Year Key Rate Duratcollective trustBlackrockFixed income$23.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$472M Dec 31, 2024 reported Form 5500
$501M (2023-12) · $591M (2022-12)
Plan assets
$501M Jan 1, 2024 reported Form 5500
$591M (2023-01) · $808M (2022-01)
Net assets
$472M Dec 31, 2024 reported Form 5500
$501M (2023-12) · $591M (2022-12)
Funded ratio
92.4% Jan 1, 2024 reported Form 5500
91.4% (2023-01) · 109.2% (2022-01)
Funding target
$492M Jan 1, 2024 reported Form 5500
$598M (2023-01) · $589M (2022-01)
Discount rate
5.05% Jan 1, 2024 reported Form 5500
5.19% (2023-01) · 5.35% (2022-01)
Participants
8,139 Jan 1, 2024 reported Form 5500
10,773 (2023-01) · 11,279 (2022-01)
Contributions
$8.0M Dec 31, 2024 reported Form 5500
$8.0M (2023-12) · $8.0M (2022-12)
Benefits paid
$44.5M Dec 31, 2024 reported Form 5500
$135M (2023-12) · $40.9M (2022-12)
Net investment income
$-29.0M Dec 31, 2024 reported Form 5500
$-90.0M (2023-12) · $-216M (2022-12)
Investment management fees
$662,582 Dec 31, 2024 reported Form 5500
$719,702 (2023-12) · $777,810 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20248,139$501M$492M92.4%$472Mn/an/an/a
2023 to Dec 31, 202310,773$591M$598M91.4%$501M$0n/an/a
2022 to Dec 31, 202211,279$808M$589M109.2%$591M$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Willis Towers Watson US LLC codes 11 15 17 50 $1.1M PY2024
  • Towers Watson Investment Services codes 27 28 50 $399,933 PY2024
  • The Northern Trust Co codes 21 27 50 $192,737 PY2024
  • Blackrock codes 28 50 51 $63,248 PY2024
  • Cbiz CPAS PC codes 10 50 $28,970 PY2024
  • Treasury U.S. 25+ Year Key Sched. D C $11.3M PY2024
  • GT Diversified Credit Fund Sched. D C $85.1M PY2024
  • GT Diversified Equity Fund Sched. D C $92.7M PY2024
  • GT Long Credit Fund Sched. D C $26.6M PY2024
  • GT Real Assets Fund Sched. D C $95.0M PY2024
  • Intermed US Gov Bond Index Nl Cm1e Sched. D C $6.3M PY2024
  • Treasury U.S. 5 Year Key Sched. D C $19.2M PY2024
  • Long US Government Bond Index Fund Sched. D C $19.2M PY2024
  • Intermediate Corp Collective Fund Sched. D C $10.7M PY2024
  • WTW Liquid Diversifiers Fund, Ltd Sched. D E $51.8M PY2024
  • Short-Term Investment Fund Sched. D C $6.4M PY2024
  • Treasury U.S. 10 Year Key Sched. D C $18.1M PY2024
  • Treasury U.S. 15 Year Key Sched. D C $13.0M PY2024
  • Treasury U.S. 20 Year Key Sched. D C $9.0M PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • Willis Towers Watson US LLC codes 11 15 17 50 $1.4M PY2023
  • Towers Watson Investment Services codes 27 28 50 $381,613 PY2023
  • The Northern Trust Co codes 21 27 50 $252,964 PY2023
  • Blackrock codes 28 50 51 $80,919 PY2023
  • Cbiz CPAS PC codes 10 50 $32,380 PY2023
  • Snell & Wilmer LLP codes 29 50 $21,504 PY2023
  • Independent Insurance Analysts, LLC codes 17 50 $7,500 PY2023
  • GT Long Credit Fund Sched. D C $33.9M PY2023
  • GT Real Assets Fund Sched. D C $101M PY2023
  • Intermed US Gov Bond Index Nl Cm1e Sched. D C $9.9M PY2023
  • Treasury U.S. 5 Year Key Sched. D C $23.3M PY2023
  • Short-Term Investment Fund Sched. D C $8.1M PY2023
  • Treasury U.S. 10 Year Key Sched. D C $25.7M PY2023
  • Treasury U.S. 15 Year Key Sched. D C $22.0M PY2023
  • Treasury U.S. 20 Year Key Sched. D C $15.6M PY2023
  • Treasury U.S. 25+ Year Key Sched. D C $20.0M PY2023
  • GT Diversified Credit Fund Sched. D C $95.7M PY2023
  • GT Diversified Equity Fund Sched. D C $91.5M PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • Willis Towers Watson US LLC codes 11 15 17 50 $1.2M PY2022
  • Towers Watson Investment Services codes 27 28 50 $452,993 PY2022
  • The Northern Trust Co codes 21 27 50 $233,408 PY2022
  • Blackrock codes 28 50 51 $103,788 PY2022
  • Mayer Hoffman Mccann PC codes 10 50 $23,320 PY2022
  • State Street Global Advisors codes 28 50 51 $10,450 PY2022
  • Snell & Wilmer LLP codes 29 50 $7,183 PY2022
  • Short-Term Investment Fund Sched. D C $19.4M PY2022
  • Treasury U.S. 10 Year Key Sched. D C $25.1M PY2022
  • Treasury U.S. 15 Year Key Sched. D C $21.1M PY2022
  • Treasury U.S. 20 Year Key Sched. D C $15.8M PY2022
  • Treasury U.S. 25+ Year Key Sched. D C $23.3M PY2022
  • GT Diversified Equity Fund Sched. D C $162M PY2022
  • GT Long Credit Fund Sched. D C $30.6M PY2022
  • GT Real Assets Fund Sched. D C $134M PY2022
  • Intermed US Gov Bond Index Nl Cm1e Sched. D C $36.2M PY2022
  • Treasury U.S. 5 Year Key Sched. D C $23.5M PY2022
  • GT Diversified Credit Fund Sched. D C $91.6M PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
10 events
  • Dec 31, 2024Holding started
    Avnet Pension Plan first reports an interest in WTW Liquid Diversifiers Fund, Ltd: $52M at 2024-12-31
    with WTW Liquid Diversifiers Fund, Ltd.askebsa.dol.gov
  • Dec 31, 2024Holding started
    Avnet Pension Plan first reports an interest in Ir+m Intermediate Corp Collect Fund (Ir+m Collective Investment): $11M at 2024-12-31
    with Ir+m Collective Investmentaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Avnet Pension Plan first reports an interest in State St Lng US Govt Bd Ind Nl Fund (State Street - Russell 2000): $19M at 2024-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Independent Insurance Analysts, LLC no longer appears on Avnet Pension Plan's Schedule C as pension consultant (plan year 2024 vs 2023)
    with Willis Towers Watson US LLCaskebsa.dol.gov
  • Jan 1, 2024Assets changed
    Avnet Pension Plan plan assets $591M -> $501M (-15.3%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Independent Insurance Analysts, LLC appears on Avnet Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Willis Towers Watson US LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    State Street Global Advisors no longer appears on Avnet Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with State Street Research & Managementaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Avnet Pension Plan total assets $591M -> $501M (-15.2%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Avnet Pension Plan funded ratio 109.2% -> 91.4% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Avnet Pension Plan plan assets $808M -> $591M (-26.8%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 111890605-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.