401(k) · DOL Form 5500 · 2022
Advance Stores Company, Inc. 401(k) Plan
Data updated 2026-08-11
- $902M
- Total assets
- 57,054
- Participants
- 99th
- Percentile by assets
- $15,802
- Avg per participant
Official DOL plan name: Advance Auto Parts, Inc. 401(k) Plan · Sponsored by Advance Stores Company, Inc. · Virginia · Retail Trade
$902M in assets, 57,054 participants
Advance Stores Company, Inc.'s Advance Auto Parts, Inc. 401(k) Plan reported $902M in total assets and 57,054 participants in its 2022 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 139,126 plans)
- #9,451 in Retail Trade (9,519 peers)
Coverage in Virginia
Advance Auto Parts, Inc. 401(k) Plan covers 57,054 participants in Virginia, 73x the typical Virginia plan (state average ~782 per filing). Assets: $902M.
- $902M
- total plan assets (2022 EOY)
- 57,054
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $15,802
- avg assets per participant
The plan reported a net loss of $197M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Advance Auto Parts, Inc. 401(k) Plan reports 57,054 participants - 73x that state average ($902M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $902M |
| Net Income | -$197M |
| Employer EIN | 540118110 |
| Plan Effective Date | 1976-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Advance Stores Company, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 57,054 | $902M |
| 2023 | 1 | 60,087 | $1.0B |
| 2024 | 1 | 61,633 | $1.1B |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Advance Auto Parts, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Scale composition for Advance Auto Parts, Inc. 401(k) Plan
Advance Auto Parts, Inc. 401(k) Plan reports $902M in end-of-year assets across 57,054 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.061% of 93,925,755 covered participants) - about $15,802 per participant (11% of the national average assets-per-participant) . Net income for plan year 2022 was -$197M.
This plan identity (EIN 540118110, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $902M to $1.1B (+23.1%) while covered participants moved from 57,054 to 61,633 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 57,054 | $902M | This page |
| 2023 | 60,087 | $1.0B | Open filing |
| 2024 · index core | 61,633 | $1.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Advance Auto Parts, Inc. 401(k) Plan (401(k), $1.1B, 61,633 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Advance Auto Parts, Inc. 401(k) Plan by total assets, not by location.
- Physician Affiliate Group of New York Retirement Plan (NY) $902M · 3,078
- Crown Equipment Corporation 401(k) Retirement Savings Plan and Trust (OH) $901M · 10,561
- King & Spalding LLP Profit Sharing - 401(k) Plan (GA) $900M · 1,971
- Hess Corporation Employees' Savings Plan (TX) $904M · 1,409
Frequently Asked Questions
How did Advance Auto Parts, Inc. 401(k) Plan assets move in 2022? ▼
How have Advance Stores Company, Inc. plan assets changed over time? ▼
Where does Advance Auto Parts, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Advance Auto Parts, Inc. 401(k) Plan? ▼
Next read for Advance Auto Parts, Inc. 401(k) Plan
Filing takeaways
Ways to act on Advance Auto Parts, Inc. 401(k) Plan's numbers.
- By total assets, Advance Auto Parts, Inc. 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 Virginia. Compare plans
- Advance Stores Company, Inc.'s sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Retail Trade plans