401(k) · DOL Form 5500 · 2022

Sonepar Management US, Inc 401(k) Plan

Data updated 2026-08-11

$799M
Total assets
11,335
Participants
99th
Percentile by assets
$70,449
Avg per participant
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Official DOL plan name: Sonepar USA 401 (K) Plan · Sponsored by Sonepar Management US, Inc · South Carolina · Wholesale Trade

$799M in assets, 11,335 participants

Sonepar Management US, Inc's Sonepar USA 401 (K) Plan reported $799M in total assets and 11,335 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #6,788 in Wholesale Trade (6,843 peers)

Coverage in South Carolina

Sonepar USA 401 (K) Plan covers 11,335 participants in South Carolina, 31x the typical South Carolina plan (state average ~369 per filing). Assets: $799M.

$799M
total plan assets (2022 EOY)
11,335
covered participants
99th
percentile by assets (of 139,126 plans)
$70,449
avg assets per participant

The plan reported a net loss of $180M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Sonepar USA 401 (K) Plan sits by total assets

Sonepar USA 401 (K) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$798,534,218 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Sonepar USA 401 (K) Plan reports 11,335 participants - 31x that state average ($799M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$799M
Net Income-$180M
Employer EIN232975775
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonepar Management US, Inc)

$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.8B $1.21B ▲ +51.2%
Total plan assets by year, all Sonepar Management US, Inc plans on file
Year Plans Participants Total Assets
2022 1 11,335 $799M
2023 1 9,008 $1.0B
2024 1 9,830 $1.2B

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sonepar USA 401 (K) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Sonepar USA 401 (K) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 40006000800010000120001400016000 01234 Total assets ($B) Participants Sonepar USA 401 (K) …Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …The Milliken Retirem…Blue Cross Blue Shie…
Sonepar USA 401 (K) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Sonepar USA 401 (K) Plan

Sonepar USA 401 (K) Plan reports $799M in end-of-year assets across 11,335 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $70,449 per participant (51% of the national average assets-per-participant) . Net income for plan year 2022 was -$180M.

This plan identity (EIN 232975775, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $799M to $1.2B (+52.0%) while covered participants moved from 11,335 to 9,830 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,335 $799M This page
2023 9,008 $1.0B Open filing
2024 · index core 9,830 $1.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sonepar USA 401 (K) Plan by total assets, not by location.

Frequently Asked Questions

How did Sonepar USA 401 (K) Plan assets move in 2022?
Sonepar USA 401 (K) Plan declined sharply - down 29.8% during 2022, from $1.1B to $799M. Reported net income was -$180M.
How have Sonepar Management US, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Sonepar Management US, Inc's sponsor-wide assets grew 52.0%, from $799M to $1.2B.
Where does Sonepar USA 401 (K) Plan rank by assets among Form 5500 filers?
Sonepar USA 401 (K) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Sonepar USA 401 (K) Plan?
Among 401(k) plans in other states, the closest by assets is Sirius Xm Radio 401(k) Savings Plan in NY ($799M, 4,690 participants).

Filing takeaways

Ways to act on Sonepar USA 401 (K) Plan's numbers.