401(k) · DOL Form 5500 · 2024

Advance Stores Company, Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
61,633
Participants Very large workforce
99th
Percentile by assets National rank
$18,003
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

$1.1B in assets, 61,633 participants

Advance Stores Company, Inc.'s Advance Auto Parts, Inc. 401(k) Plan reported $1.1B in total assets and 61,633 participants in its 2024 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.

  • #7,983 in Retail Trade (8,048 peers)

Coverage in Virginia

Advance Auto Parts, Inc. 401(k) Plan covers 61,633 participants in Virginia, 79x the typical Virginia plan (state average ~782 per filing). Assets: $1.1B.

#7,983
in Retail Trade (8,048 peers)
+8.0%
assets growth YoY
11×
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 2024 · DOL Form 5500

$1,109,561,511 Top 1% higher than 99% of 123,620 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 2024

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

Plan-year 2024 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 (61,633 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Advance Auto Parts, Inc. 401(k) Plan reported net income fell from $126M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • Advance Auto Parts, Inc. 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Advance Auto Parts, Inc. 401(k) Plan reported participants rose from 60,087 in the plan year 2023 filing to 61,633 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 540118110 · Advance Stores Company, Inc. PY 2024 · 401(k)

Advance Auto Parts, Inc. 401(k) Plan · $1.1B · 61,633 · 99th

  • PHOTO $1.1B
  • IND 61,633
  • EOY 99th
  • 5500 401(k)
  • ASSETS near Gaf LLC 401(k) Plan
  • PCT ind #7983

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

Advance Auto Parts, Inc. 401(k) PlanAdvance Auto Parts, Inc. 401…$1.1BGaf LLC 401(k) Plan$1.1BRetirement Contribution and 403(b) Matching Plan of the University of Pennsylvania Health SystemRetirement Contribution and …$1.1BQurate Retail Group 401(k) Retirement Savings Plan for Qvc and HsnQurate Retail Group 401(k) R…$1.1BUniversity of Minnesota Physicians Retirement Savings and 401(k) PlanUniversity of Minnesota Phys…$1.1B
End-of-year total assets ($B) among Advance Auto Parts, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.1B
Net Income$82M
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. 20000400006000080000100000120000 -1001020304050 Total assets ($B) Participants Advance Auto Parts, Inc. 401(k) Plan, Total assets ($B): 1.109561511 · Participants: 61633Advance Auto Parts, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement 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 $1.1B in end-of-year assets across 61,633 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.066% of 93,925,755 covered participants) - about $18,003 per participant (13% of the national average assets-per-participant) . Net income for plan year 2024 was $82M.

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 Open filing
2024 · index core 61,633 $1.1B This page

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 Gaf LLC 401(k) Plan in NJ ($1.1B); by covered participants it is Successwise Pooled Employer Plan in NJ (62,004 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61,633 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Advance Auto Parts, Inc. 401(k) Plan grew at a solid clip - up 8.0% during 2024, from $1.0B to $1.1B. Reported net income was $82M.
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 123,622 plans that reported assets for plan year 2024 (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 Gaf LLC 401(k) Plan in NJ ($1.1B, 5,041 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 Successwise Pooled Employer Plan in NJ (62,004 participants, $1.5B in assets).