401(k) · DOL Form 5500 · 2024
Sonepar Management US, Inc 401(k) Plan
Data updated 2026-08-11
- $1.2B
- Total assets
- 9,830
- Participants
- 99th
- Percentile by assets
- $123,438
- Avg per participant
Official DOL plan name: Sonepar USA 401 (K) Plan · Sponsored by Sonepar Management US, Inc · South Carolina · Wholesale Trade
$1.2B in assets, 9,830 participants
Sonepar Management US, Inc's Sonepar USA 401 (K) Plan reported $1.2B in total assets and 9,830 participants in its 2024 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 123,622 plans)
- #6,029 in Wholesale Trade (6,080 peers)
Coverage in South Carolina
Sonepar USA 401 (K) Plan covers 9,830 participants in South Carolina, 27x the typical South Carolina plan (state average ~369 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 9,830
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $123,438
- 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 2024 · DOL Form 5500
$1,213,391,635 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sonepar USA 401 (K) Plan reported net income fell from $157M in the plan year 2023 filing to $118M in the plan year 2024 filing.
- Sonepar USA 401 (K) Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
- Sonepar USA 401 (K) Plan reported participants rose from 9,008 in the plan year 2023 filing to 9,830 in the plan year 2024 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 9,830 participants - 27x that state average ($1.2B EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $118M |
| 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 $4.5B · 15,095
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
- Sonoco Retirement & Savings Plan $1.7B · 11,813
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
- The Milliken Retirement Plan $1.4B · 5,733
Scale composition for Sonepar USA 401 (K) Plan
Sonepar USA 401 (K) Plan reports $1.2B in end-of-year assets across 9,830 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $123,438 per participant (89% of the national average assets-per-participant) . Net income for plan year 2024 was $118M.
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 | Open filing |
| 2024 · index core | 9,830 | $1.2B | This page |
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.
- Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust (TX) $1.2B · 7,065
- Coherent Corp. 401(k) Profit Sharing Plan (PA) $1.2B · 3,054
- Supply Chain Retirement Savings Plan (OH) $1.2B · 36,474
- The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers, Inc. and Its Affiliates (TX) $1.2B · 5,570
Frequently Asked Questions
How did Sonepar USA 401 (K) Plan assets move in 2024? ▼
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