401(k) · DOL Form 5500 · 2023
Advance Stores Company, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.0B
- Total assets Very large vs avg
- 60,087
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $17,096
- Avg per participant Low balance/head
Official DOL plan name: Advance Auto Parts, Inc. 401(k) Plan · Sponsored by Advance Stores Company, Inc. · Virginia · Retail Trade
$1.0B in assets, 60,087 participants
Advance Stores Company, Inc.'s Advance Auto Parts, Inc. 401(k) Plan reported $1.0B in total assets and 60,087 participants in its 2023 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.
- #8,350 in Retail Trade (8,414 peers)
Coverage in Virginia
Advance Auto Parts, Inc. 401(k) Plan covers 60,087 participants in Virginia, 77x the typical Virginia plan (state average ~782 per filing). Assets: $1.0B.
- #8,350
- in Retail Trade (8,414 peers)
- +13.9%
- assets growth YoY
- 10×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$1,027,236,838 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Advance Auto Parts, Inc. 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 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 (60,087 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Advance Auto Parts, Inc. 401(k) Plan reported net income rose from -$197M in the plan year 2022 filing to $126M in the plan year 2023 filing.
- Advance Auto Parts, Inc. 401(k) Plan end-of-year assets rose from $902M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
- Advance Auto Parts, Inc. 401(k) Plan reported participants rose from 57,054 in the plan year 2022 filing to 60,087 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 540118110 · Advance Stores Company, Inc. PY 2023 · 401(k)
Advance Auto Parts, Inc. 401(k) Plan · $1.0B · 60,087 · 99th
- PART $1.0B
- PART 60,087
- PART 99th
- PART 401(k)
- PART near Sabre Glbl Inc. 401(k) Savings Plan
- PART ind #8350
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
Virginia filing particulars
| Total Assets (Beginning of Year) | $902M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $126M |
| Employer EIN | 540118110 |
| Plan Effective Date | 1976-01-01 |
| Filing Status | FILING 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
| 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.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Scale composition for Advance Auto Parts, Inc. 401(k) Plan
Advance Auto Parts, Inc. 401(k) Plan reports $1.0B in end-of-year assets across 60,087 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.064% of 93,925,755 covered participants) - about $17,096 per participant (12% of the national average assets-per-participant) . Net income for plan year 2023 was $126M.
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 | Open filing |
| 2023 | 60,087 | $1.0B | This page |
| 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)
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 Sabre Glbl Inc. 401(k) Savings Plan in TX ($1.0B); by covered participants it is Kohl's Inc. Savings Plan in WI (60,058 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.0B here).
- Sabre Glbl Inc. 401(k) Savings Plan (TX) $1.0B · 2,485
- Veralto Corporation & Subsidiaries Savings Plan (MA) $1.0B · 5,551
- American Greetings Retirement Savings Plan (OH) $1.0B · 2,583
- Ace Hardware Corporation 401(k) Savings and Retirement Plan (IL) $1.0B · 6,632
Similar participant headcount
Nearest other-state filings by covered participants (60,087 participants); asset peers above are excluded.
- Kohl's Inc. Savings Plan (WI) 60,058 · 29 off
- State Farm 401(k) Savings Plan (IL) 60,246 · 159 off
- Intel 401(k) Savings Plan (CA) 59,863 · 224 off
- GE Retirement Savings Plan (OH) 59,766 · 321 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.