401(k) · DOL Form 5500 · 2023
Sonepar Management US, Inc 401(k) Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 9,008
- Participants
- 99th
- Percentile by assets
- $115,133
- Avg per participant
Official DOL plan name: Sonepar USA 401 (K) Plan · Sponsored by Sonepar Management US, Inc · South Carolina · Wholesale Trade
$1.0B in assets, 9,008 participants
Sonepar Management US, Inc's Sonepar USA 401 (K) Plan reported $1.0B in total assets and 9,008 participants in its 2023 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 127,072 plans)
- #6,255 in Wholesale Trade (6,309 peers)
Coverage in South Carolina
Sonepar USA 401 (K) Plan covers 9,008 participants in South Carolina, 24x the typical South Carolina plan (state average ~369 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2023 EOY)
- 9,008
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $115,133
- avg assets per participant
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 2023 · DOL Form 5500
$1,037,116,403 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sonepar USA 401 (K) Plan reported net income rose from -$180M in the plan year 2022 filing to $157M in the plan year 2023 filing.
- Sonepar USA 401 (K) Plan end-of-year assets rose from $799M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
- Sonepar USA 401 (K) Plan reported participants fell from 11,335 in the plan year 2022 filing to 9,008 in the plan year 2023 filing.
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 9,008 participants - 24x that state average ($1.0B EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $799M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $157M |
| Employer EIN | 232975775 |
| Plan Effective Date | 1993-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sonepar Management US, Inc)
| 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
- Michelin 401(k) Savings Plan $4.1B · 14,439
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
- Sonoco Retirement & Savings Plan $1.6B · 11,311
- Sonoco Retirement & Savings Plan $1.3B · 10,614
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348
Scale composition for Sonepar USA 401 (K) Plan
Sonepar USA 401 (K) Plan reports $1.0B in end-of-year assets across 9,008 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $115,133 per participant (83% of the national average assets-per-participant) . Net income for plan year 2023 was $157M.
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 | Open filing |
| 2023 | 9,008 | $1.0B | This page |
| 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 (401(k), $1.2B, 9,830 participants)
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.
- Arch Capital Group (U.S.) Inc. Employee Retirement Plan (NJ) $1.0B · 3,193
- The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates (TX) $1.0B · 5,006
- Coadvantage Corporation Retirement Savings Plan (FL) $1.0B · 84,837
- Pillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 1 (CA) $1.0B · 1,126
Frequently Asked Questions
How did Sonepar USA 401 (K) Plan assets move in 2023? ▼
How have Sonepar Management US, Inc plan assets changed over time? ▼
Where does Sonepar USA 401 (K) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sonepar USA 401 (K) Plan? ▼
Next read for Sonepar USA 401 (K) Plan
Filing takeaways
Ways to act on Sonepar USA 401 (K) Plan's numbers.
- By total assets, Sonepar USA 401 (K) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
- Sonepar Management US, Inc's sponsor-wide assets have grown 52.0% since 2022 across 3 plan years on file. More Wholesale Trade plans