Avnet Employee Benefit: Retirement Plan | Glassdoor

Avnet Retirement Plan

66 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–6 of 6
  • Aug 12, 2018
    StarStarStarStarStar Former Project Engineer in Chandler, Arizona

    pension, 401K with no matching

  • Jul 09, 2018
    StarStarStarStarStar Current Employee in Phoenix, Arizona

    No 401K match, there is a pension but it has been stripped heavily in the past couple years with the new CEO. No it is around 4% of your pay.

  • Feb 15, 2017
    StarStarStarStarStar Current Employee in Phoenix, Arizona

    Avnet offers a pension, which is not common anymore. Effective January 1, 2017 the company reduced its contribution to a flat 4% after you have given three years of service. However, the opinion of several people is that Avnet will eventually freeze the pension and do without it. The 401K plan does not include a company match.

  • Jan 27, 2017
    StarStarStarStarStar Current Employee in Phoenix, Arizona

    They have a pension, but it's very limited.

  • May 19, 2016
    StarStarStarStarStar Former Employee in Chandler, Arizona

    Offer a 401K program for retirement savings. This is not matched.

  • Apr 02, 2016
    StarStarStarStarStar Current IT Manager in Phoenix, Arizona

    Great retirement pension plan. Guarantees growth rate and catch up contributions, all covered by Avnet. Cliff vesting.

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