401(k) · DOL Form 5500 · 2024

Advance Stores Company, Inc. 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
61,633
Participants
99th
Percentile by assets
$18,003
Avg per participant
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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.

  • 99th percentile by assets (of 123,622 plans)
  • #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.

$1.1B
total plan assets (2024 EOY)
61,633
covered participants
99th
percentile by assets (of 123,622 plans)
$18,003
avg assets per participant

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 →

State
Industry

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 61,633 participants - 79x that state average ($1.1B EOY assets).

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.)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.9B $1.11B ▲ +23.3%
Total plan assets by year, all Advance Stores Company, Inc. plans on file
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

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, …Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
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

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.

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).

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