401(k) · DOL Form 5500 · 2023
Sonepar Management US, Inc 401(k) Plan
Data updated 2026-08-25
- $1.0B
- Total assets Very large vs avg
- 9,008
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $115,133
- Avg per participant Below avg balance/head
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.
- #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.
- #6,255
- in Wholesale Trade (6,309 peers)
- +29.9%
- assets growth YoY
- 10×
- vs typical plan assets (national mean)
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 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
Sonepar USA 401 (K) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sonepar USA 401 (K) Plan lands in the large band (9,008 participants).
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.
EBSA filing schedule strip
Filing strip 232975775 · Sonepar Management US, Inc PY 2023 · 401(k)
Sonepar USA 401 (K) Plan · $1.0B · 9,008 · 99th
- BOY $1.0B
- SCH 9,008
- EBSA 99th
- PART 401(k)
- TYPE near Arch Capital Group (U.S.) Inc. Employee Retirement Plan
- NET ind #6255
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
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)
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
| 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.
- 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)
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 Arch Capital Group (U.S.) Inc. Employee Retirement Plan in NJ ($1.0B); by covered participants it is Altman Specialty Plants LLC 401(k) Retirement Plan in CA (9,011 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.0B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (9,008 participants); asset peers above are excluded.
- Altman Specialty Plants LLC 401(k) Retirement Plan (CA) 9,011 · 3 off
- Teledyne Technologies Incorporated 401(k) Plan (CA) 9,012 · 4 off
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan (IN) 9,015 · 7 off
- Howmet Aerospace Hourly Retirement Savings Plan (PA) 9,000 · 8 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.