Plan Snapshot
- Plan Sponsor: Advance Stores Company, INC.
- Sponsor EIN: 540118110
- Sponsor Address: 5008 AIRPORT ROAD, ROANOKE, VA, 24012
- Plan Type: 401(k)
- Total Participants: 65,131
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 65,131 | $1.1B | $31.4M | $73.5M |
| 2023 | 61,633 | $1.0B | $30.7M | $72.0M |
| 2022 | 60,087 | $901.6M | $29.0M | $69.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,482,598 | $527,602 | $2,100 | — | — |
| 2023 | $1,973,613 | $508,903 | $6,600 | — | — |
| 2022 | $1,836,868 | $507,116 | — | — | — |