Profit Sharing · DOL Form 5500 · 2023

Scansource, Inc. Profit Sharing Plan

Data updated 2026-08-11

$216M
Total assets
1,515
Participants
95th
Percentile by assets
$142,536
Avg per participant
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Official DOL plan name: Scansource, Inc. 401(k) Plan · Sponsored by Scansource, Inc. · South Carolina · Wholesale Trade

$216M in assets, 1,515 participants

Scansource, Inc.'s Scansource, Inc. 401(k) Plan reported $216M in total assets and 1,515 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #6,076 in Wholesale Trade (6,309 peers)

Coverage in South Carolina

Scansource, Inc. 401(k) Plan covers 1,515 participants in South Carolina, 4.1x the typical South Carolina plan (state average ~369 per filing). Assets: $216M.

$216M
total plan assets (2023 EOY)
1,515
covered participants
95th
percentile by assets (of 127,072 plans)
$142,536
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Scansource, Inc. 401(k) Plan end-of-year assets rose from $193M in the plan year 2022 filing to $216M in the plan year 2023 filing.
  • Scansource, Inc. 401(k) Plan reported net income fell from $24M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Scansource, Inc. 401(k) Plan reported participants fell from 1,547 in the plan year 2022 filing to 1,515 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Scansource, Inc. 401(k) Plan reports 1,515 participants - 4.1x that state average ($216M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$193M
Net Assets (End of Year)$216M
Net Income$23M
Employer EIN570965380
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scansource, Inc.)

$180M$190M$200M$210M$220M$230M 202220232024 $193M $225M ▲ +16.7%
Total plan assets by year, all Scansource, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,547 $193M
2023 1 1,515 $216M
2024 1 1,401 $225M

Nearby Profit Sharing Plans in South Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Scansource, Inc. 401(k) Plan vs. nearby Profit Sharing plans in South Carolina, assets vs. participants

Scansource, Inc. 401(k) Plan vs. nearby Profit Sharing plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.52 Total assets ($B) Participants Scansource, Inc. 401…Prisma Health Retire…Uma Retirement PlanProfit-Sharing Plan …Usc School of Medici…Uricchio, Howe & Kre…
Scansource, Inc. 401(k) Plan vs. nearby Profit Sharing plans in South Carolina, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Scansource, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Scansource, Inc. 401(k) Plan assets move in 2023?
Scansource, Inc. 401(k) Plan grew at a solid clip - up 11.8% during 2023, from $193M to $216M. Reported net income was $23M.
How have Scansource, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scansource, Inc.'s sponsor-wide assets grew 16.7%, from $193M to $225M.
Where does Scansource, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Scansource, Inc. 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Scansource, Inc. 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Fayez Sarofim & Co. Profit Sharing Plan in TX ($217M, 134 participants).

Filing takeaways

Ways to act on Scansource, Inc. 401(k) Plan's numbers.