401(k) · DOL Form 5500 · 2024
Sonepar Management US, Inc 401(k) Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 9,830
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $123,438
- Avg per participant Near avg balance/head
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.
- #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.
- #6,029
- in Wholesale Trade (6,080 peers)
- +17.0%
- assets growth YoY
- 12×
- 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 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
Sonepar USA 401 (K) Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (9,830 participants).
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.
DOL schedule card
Filing strip 232975775 · Sonepar Management US, Inc PY 2024 · 401(k)
Sonepar USA 401 (K) Plan · $1.2B · 9,830 · 99th
- BOOK $1.2B
- BOOK 9,830
- BOOK 99th
- BOOK 401(k)
- BOOK near Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust
- BOOK ind #6029
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) | $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)
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 $4.5B · 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 |
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 Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust in TX ($1.2B); by covered participants it is Tih Insurance Holdings, LLC 401(k) Savings Plan in NC (9,826 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (9,830 participants); asset peers above are excluded.
- Tih Insurance Holdings, LLC 401(k) Savings Plan (NC) 9,826 · 4 off
- Deaconess Health System, Inc. 401(k) Plan (IN) 9,838 · 8 off
- Block 401(k) Plan (CA) 9,841 · 11 off
- East Penn Manufacturing Co. 401(k) Savings Plan (PA) 9,841 · 11 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.