Plan Snapshot
- Plan Sponsor: Advanced Drainage Systems, INC.
- Sponsor EIN: 510105665
- Sponsor Address: 4640 TRUEMAN BLVD., HILLIARD, OH, 430262438
- Plan Type: 401(k)
- Total Participants: 5,249
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 5,249 | $1.1B | $0 | $0 |
| 2024 | 4,883 | $1.5B | $0 | $0 |
| 2023 | 4,936 | $1.0B | $0 | $0 |
| 2020 | 3,730 | $92.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| GBQ PARTNERS, LLC | Auditor | $36,500 | — | $36,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GBQ PARTNERS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,500
- Estimated Expense Ratio: 0.003% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $655,126 | $91,608 | $525,018 | $36,500 | — |
| 2024 | $634,654 | $41,000 | $592,054 | — | — |
| 2023 | $695,365 | — | $695,365 | — | — |
| 2020 | $677,762 | $5,361 | $302,413 | — | $369,988 |