401(k) · DOL Form 5500 · 2023

Advanced Drainage Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets: 5,000
Participants: 99th
Percentile by assets: $309,239
Avg per participant

Official DOL plan name: Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan · Sponsored by Advanced Drainage Systems, Inc. · Ohio · Manufacturing

$1.5B in assets, 5,000 participants

Advanced Drainage Systems, Inc.'s Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan reported $1.5B in total assets and 5,000 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.

99th percentile by assets (of 127,072 plans)
#18,399 in Manufacturing (18,722 peers)

Coverage in Ohio

Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan covers 5,000 participants in Ohio, 6.5x the typical Ohio plan (state average ~765 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY): 5,000
covered participants: 99th
percentile by assets (of 127,072 plans): $309,239
avg assets per participant

Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan reported net income rose from -$486M in the plan year 2022 filing to $531M in the plan year 2023 filing.
Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan reported participants rose from 4,791 in the plan year 2022 filing to 5,000 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan reports 5,000 participants - 6.5x that state average ($1.5B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$1.0B
Net Assets (End of Year)	$1.5B
Net Income	$531M
Employer EIN	510105665
Plan Effective Date	1975-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Advanced Drainage Systems, Inc.)

Total plan assets by year, all Advanced Drainage Systems, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	4	15,322	$1.7B
2023	1	5,000	$1.5B
2024	1	4,998	$1.1B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

GE Retirement Savings Plan $19.5B · 59,766
The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
The Progressive 401(k) Plan $9.2B · 56,176
The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
Nationwide Savings Plan $7.6B · 24,715

Compare Advanced Drainage Systems, Inc. Retireme… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan by total assets, not by location.

Pharmaceutical Product Development, LLC Retirement Savings Plan (NC) $1.5B · 15,886
Southern Glazer's 401(k) Plan (FL) $1.5B · 17,430
Wec Energy Group Retirement Savings Plan (WI) $1.5B · 3,386
Sun Advantage Savings and Investment Plan (MA) $1.5B · 3,900

Frequently Asked Questions

How did Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan assets move in 2023? ▼

Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan surged - up 52.3% during 2023, from $1.0B to $1.5B. Reported net income was $531M.

How have Advanced Drainage Systems, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Advanced Drainage Systems, Inc.'s sponsor-wide assets declined 34.0%, from $1.7B to $1.1B.

Where does Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan? ▼

Among 401(k) plans in other states, the closest by assets is Pharmaceutical Product Development, LLC Retirement Savings Plan in NC ($1.5B, 15,886 participants).

Next read for Advanced Drainage Systems, Inc. Retireme…

Filing takeaways

Ways to act on Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan's numbers.

By total assets, Advanced Drainage Systems, Inc. Retirement and Stock Ownership 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 Ohio. Compare plans
Advanced Drainage Systems, Inc.'s sponsor-wide assets have declined 34.0% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 510105665.