401(k) · DOL Form 5500 · 2022

Advance Stores Company, Inc. 401(k) Plan

Data updated 2026-08-25

$902M
Total assets Above avg plan size
57,054
Participants Very large workforce
99th
Percentile by assets National rank
$15,802
Avg per participant Low balance/head
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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.

  • #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.

#9,451
in Retail Trade (9,519 peers)
-17.9%
assets change YoY
9.0×
vs typical plan assets (national mean)

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.

Advance Auto Parts, Inc. 401(k) Plan's outsized position by total assets

Advance Auto Parts, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$901,583,229 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Advance Auto Parts, Inc. 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Advance Auto Parts, Inc. 401(k) Plan is a mega filing (57,054 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 540118110 · Advance Stores Company, Inc. PY 2022 · 401(k)

Advance Auto Parts, Inc. 401(k) Plan · $902M · 57,054 · 99th

  • SCH $902M
  • EBSA 57,054
  • PART 99th
  • TYPE 401(k)
  • NET near Physician Affiliate Group of New York Retirement Plan
  • BOOK ind #9451

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 Retail Trade retirement plans → · Plans in Virginia →

Advance Auto Parts, Inc. 401(k) Plan in the asset neighbourhood

Hess Corporation Employees' Savings PlanHess Corporation Employees' …$904MPhysician Affiliate Group of New York Retirement PlanPhysician Affiliate Group of…$902MAdvance Auto Parts, Inc. 401(k) PlanAdvance Auto Parts, Inc. 401…$902MCrown Equipment Corporation 401(k) Retirement Savings Plan and TrustCrown Equipment Corporation …$901MKing & Spalding LLP Profit Sharing - 401(k) PlanKing & Spalding LLP Profit S…$900M
End-of-year total assets ($M) among Advance Auto Parts, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$902M
Net Income-$197M
Employer EIN540118110
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Advance Stores Company, Inc.)

Sponsor-wide plan assets over time

All Advance Stores Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 23.068117874229003% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.9B $1.11B ▲ +23.3%
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 Scatter plot of 6 data points. 20000400006000080000100000 -10010203040 Total assets ($B) Participants Advance Auto Parts, Inc. 401(k) Plan, Total assets ($B): 0.901583229 · Participants: 57054Advance Auto Parts, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Advance Auto Parts, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Physician Affiliate Group of New York Retirement Plan in NY ($902M); by covered participants it is Davita Retirement Savings Plan in CO (57,172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57,054 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Advance Auto Parts, Inc. 401(k) Plan assets move in 2022? ▼
Advance Auto Parts, Inc. 401(k) Plan declined sharply - down 17.9% during 2022, from $1.1B to $902M. Reported net income was -$197M.
How have Advance Stores Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advance Stores Company, Inc.'s sponsor-wide assets grew 23.1%, from $902M to $1.1B.
Where does Advance Auto Parts, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Advance Auto Parts, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Advance Auto Parts, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Physician Affiliate Group of New York Retirement Plan in NY ($902M, 3,078 participants).
Which 401(k) plans cover a similar participant headcount to Advance Auto Parts, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Davita Retirement Savings Plan in CO (57,172 participants, $2.8B in assets).