Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Advance Auto Parts, Inc. 401(K) Plan is a benefit plan reported by Advance Stores Company, Inc. under EIN 54-0118110 and plan number 002. The latest loaded filing year is 2023. The filing reports 65,732 participants and $1,027,236,838 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,027,236,838
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,027,236,838
- Net assets (BOY)
- $901,583,229
Income & contributions
- Employer contributions
- $30,676,754
- Participant contributions
- $72,042,242
- Total contributions
- $108,423,306
- Total income / additions
- $249,675,065
Expenses & distributions
- Benefits paid
- $121,849,338
- Administrative expenses
- $1,973,613
- Total expenses
- $124,021,456
- Net increase / (decrease)
- $125,653,609