401(k) · DOL Form 5500 · 2022

Sonepar Management US, Inc 401(k) Plan

Data updated 2026-08-25

$799M
Total assets Above avg plan size
11,335
Participants Very large workforce
99th
Percentile by assets National rank
$70,449
Avg per participant Below avg balance/head
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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.

  • #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.

#6,788
in Wholesale Trade (6,843 peers)
-29.8%
assets change YoY
8.0×
vs typical plan assets (national mean)

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.

Sonepar USA 401 (K) Plan's outsized position 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 $2,050,000,000 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

Sonepar USA 401 (K) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sonepar USA 401 (K) Plan is a mega filing (11,335 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 232975775 · Sonepar Management US, Inc PY 2022 · 401(k)

Sonepar USA 401 (K) Plan · $799M · 11,335 · 99th

  • VS-ST $799M
  • VS-ST 11,335
  • VS-ST 99th
  • VS-ST 401(k)
  • VS-ST near Sirius Xm Radio 401(k) Savings Plan
  • VS-ST ind #6788

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in South Carolina →

Sonepar USA 401 (K) Plan in the asset neighbourhood

Veolia North America 401(k) Savings PlanVeolia North America 401(k) …$801MTexas Oncology, P.a. 401(k) PlanTexas Oncology, P.a. 401(k) …$800MSirius Xm Radio 401(k) Savings PlanSirius Xm Radio 401(k) Savin…$799MSonepar USA 401 (K) Plan$799MTiffany & Company Employee P/S & Retirement Savings PlanTiffany & Company Employee P…$797M
End-of-year total assets ($M) among Sonepar USA 401 (K) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Sonepar Management US, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 51.95236567808544% vs 2022
2024 filing year
$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.8B $1.21B ▲ +51.2%
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 Scatter plot of 6 data points. 40006000800010000120001400016000 01234 Total assets ($B) Participants Sonepar USA 401 (K) Plan, Total assets ($B): 0.798534218 · Participants: 11335Sonepar USA 401 (K) PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
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:

Sonepar USA 401 (K) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Sirius Xm Radio 401(k) Savings Plan in NY ($799M); by covered participants it is Dhl Retirement Savings Plan in FL (11,334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($799M here).

Similar participant headcount

Nearest other-state filings by covered participants (11,335 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Sonepar USA 401 (K) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dhl Retirement Savings Plan in FL (11,334 participants, $1.1B in assets).