2023 Form 5500 filing — Advanced Drainage Systems, Inc. Retirement And Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250113092541NAL0037083970001) for Advanced Drainage Systems, Inc. Retirement And Stock Ownership Plan, reported by Advanced Drainage Systems, Inc. under EIN 51-0105665 and plan number 001. It reports 7,197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250113092541NAL0037083970001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advanced Drainage Systems, Inc.
- EIN
- 51-0105665
- Plan number
- 001
- Location
- Hilliard, OH
- Participants
- 7,197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,546,196,673
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,546,196,673
- Employer contributions
- $8,395,460
- Participant contributions
- $25,398,957
- Total income / additions
- $751,329,887
- Benefits paid
- $219,851,404
- Administrative expenses
- $634,654
- Total expenses
- $220,486,058
- Net increase / (decrease)
- $530,843,829
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $598,757 | $35,478 |
| Bellwether Consulting LLC | CONSULTANT | $36,000 | $18,000 |
| Qdro Compliance Services | CONSULTANT | $1,600 | $5,000 |
| Gbq Partners LLC | ACCOUNTANT | $5,000 | not reported in the loaded dataset |