Sonepar Management US 401(k) match, vesting and fees
What Sonepar Management US' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Warren Averett (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 43 defined-contribution plans in wholesale trade with 10,000 to 49,999 participants.
| Sonepar Management US: employer contribution per participant | $1,718 | |
| Peer median | $2,266 |
| Sonepar Management US: average balance | $90,687 | |
| Peer median | $90,687 |
| Sonepar Management US: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1B at the end of plan year 2023 to $1.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 13,478 | $1.2B | $23M | $1,718 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 12,414 | $1B | $21.3M | $1,799 | 0.12% | Not published | Form 5500 ↗ |
Common questions
Does Sonepar Management US match 401(k) contributions?
The match terms for the Sonepar USA 401 (K) Plan have not been published from its filing yet. The plan year 2024 filing reports $23M in employer contributions, about $1,718 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sonepar Management US 401(k) match vested?
The vesting schedule for the Sonepar USA 401 (K) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sonepar Management US 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Sonepar Management US, Inc.
I left Sonepar Management US. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sonepar Management US, Inc, (843) 745-6869) or the recordkeeper, Schwab Retirement Plan Services,inc. The Sonepar Management US old 401(k) page lists the contacts from every plan filing. Find an old Sonepar Management US 401(k)
Data from the public Form 5500 annual reports Sonepar Management US filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sonepar Management US. Not financial advice. Report a correction · Methodology