Employers › Advance Stores
Recordkeeping fees per participant · Advance Auto Parts, Inc. 401(k) Plan · plan year 2024
$40.31
Higher than 66% of the 790 plans over $1B that report it.
= $952,896 / 23,639
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009083543NAL0006688817001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009083543NAL0006688817001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$40.40
Higher than 42% of the 1,045 plans over $1B that report it.
= $954,996 / 23,639
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009083543NAL0006688817001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009083543NAL0006688817001, received 2025-10-09
Administrative expenses per participant
$62.72
Higher than 44% of the 1,076 plans over $1B that report it.
= $1,482,598 / 23,639
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009083543NAL0006688817001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009083543NAL0006688817001, received 2025-10-09
Administrative expenses as a share of assets
0.134%
Higher than 94% of the 1,076 plans over $1B that report it.
= $1,482,598 / $1,109,561,511
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009083543NAL0006688817001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009083543NAL0006688817001, received 2025-10-09
Employer contributions per participant
$1,327
Higher than 9% of the 1,135 plans over $1B that report it.
= $31,369,933 / 23,639
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009083543NAL0006688817001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009083543NAL0006688817001, received 2025-10-09
Employer share of total contributions
27.9%
Higher than 33% of the 1,135 plans over $1B that report it.
= $31,369,933 / $112,376,339
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009083543NAL0006688817001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009083543NAL0006688817001, received 2025-10-09
Plan terms are described in Advance Stores Company, Inc.'s SEC filings: Form 10-K filed 2003-03-27. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009083543NAL0006688817001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ADVANCE STORES COMPANY, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Plan name | ADVANCE AUTO PARTS, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Sponsor EIN / plan number | 54-0118110 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Sponsor location | ROANOKE, VA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Industry (business code) | 441300, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Participants, beginning of year | 67,469 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Active participants | 65,131 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Participants, end of year | 70,657 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Participants with an account balance | 23,639 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total assets, beginning of year | $1,027,236,838 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total assets, end of year | $1,109,561,511 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Net assets, end of year | $1,109,561,511 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total income | $231,687,238 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Net income | $82,324,673 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Employer contributions | $31,369,933 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Participant contributions | $73,477,521 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $7,528,885 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total contributions | $112,376,339 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Benefit payments | $147,755,303 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $149,362,565 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Total administrative expenses | $1,482,598 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Contract administrator fees | $2,100 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Recordkeeping fees | $952,896 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Investment advisory and management fees | $527,602 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Administrative expenses excluding investment management | $954,996 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Held in common/collective trusts | $826,657,926 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Held in mutual funds | $257,318,019 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009083543NAL0006688817001, received 2025-10-09 |
| Independent auditor | PENSION ASSURANCE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009083543NAL0006688817001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009083543NAL0006688817001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $954,996 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $527,602 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009083543NAL0006688817001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,027,236,838 | $1,109,561,511 | 8.0% |
| Participants with a balance | 23,877 | 23,639 | -1.0% |
| Administrative expenses | $1,973,613 | $1,482,598 | -24.9% |
| Recordkeeping fees per participant | $61.07 | $40.31 | -34.0% |
| Employer contributions | $30,676,754 | $31,369,933 | 2.3% |
Prior filing 20240916152354NAL0001145107001, received 2024-09-16; the plan years are contiguous.
Sponsor name as filed: ADVANCE STORES COMPANY, INC.; SEC registrant: ADVANCE STORES CO INC (CIK 1061890, matched by EIN).