ARROW ELECTRONICS SAVINGS PLAN
Overview
Plan Contact
- Address: 9201 EAST DRY CREEK ROAD,CENTENNIAL,CO
- Contact person: RACHEL DONNAFIELD
- Phone: (303) 824-4000
Plan General Information
At the end of 2022, the total retirement plan assets of ARROW ELECTRONICS SAVINGS PLAN is $1,147,620,441.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in ARROW ELECTRONICS SAVINGS PLAN is 8768
In 2022, the average participant retirement account value for ARROW ELECTRONICS SAVINGS PLAN is $130,887
In 2022, the estimated average employee contribution amount per participant for ARROW ELECTRONICS SAVINGS PLAN is $5,708
In 2022, the estimated average employer match for an employee in ARROW ELECTRONICS SAVINGS PLAN is approximately $2,223
In 2022, ARROW ELECTRONICS SAVINGS PLAN allocates $19,493,749 to match its employees’ contributions, providing an employer match rate of 38.94% of their contributions
In 2022, the total retirement plan asset growth rate of ARROW ELECTRONICS SAVINGS PLAN is -21.64%
In 2022, the estimated aggregate retirement account investment gain/loss for ARROW ELECTRONICS SAVINGS PLAN is -19.52%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ARROW ELECTRONICS SAVINGS PLAN is 0.09%.
Enrollment Features
ARROW ELECTRONICS SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.