Arrow Electronics, Inc. 401(k) Review & Grade
Arrow Electronics Savings Plan
Centennial, COWholesale Trade4,548 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,126Employer $ per active participant
$11,017Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$1.5BNet plan assets, end of year
$185,265Average balance per account
Score breakdown
- Employer generosity37.7 / 5075th percentile for employer $ per participant
- Low cost15.9 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 64th |
| Employee saving | 100th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,729 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Arrow Electronics put in about $4,126 per active participant, more than the typical peer ($2,459). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $18,763,497 |
| Participant (employee) contributions | $50,107,383 |
| Other contributions (incl. rollovers in) | $3,688,273 |
| Administrative expenses paid from the plan | $1,151,640 |
| Other admin expenses | $1,151,640 |
| Benefits paid out | $165,896,433 |
| Net assets, start / end of year | $1.4B / $1.5B |
| Active participants, start / end of year | 4,825 / 4,271 |
| Participants with account balances | 7,921 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Vanguard Advisers Inc. | $586,307 reported compensation |
| The Vanguard Group, Inc. | $491,039 reported compensation |
| Cook Street Consulting | $94,944 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013192810NAL0003965954001, received 2025-10-13, EIN 11-1806155, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.