Advanced Drainage Systems, Inc.401(k) + ESOP (KSOP)
ADVANCED DRAINAGE SYSTEMS, INC. RETIREMENT AND STOCK OWNERSHIP PLAN · HILLIARD, OH · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Advanced Drainage Systems, Inc. reported $634,654 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $1,719 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 5 years on file its reported administrative ratio fell from 0.69% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other manufacturing employers. By assets it is the 34th-largest of 3,295 plans among Ohio employers on file, and the 218th of 13,661 in manufacturing. In 2023, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 3,730 to 4,883 since 2019.
Advanced Drainage Systems, Inc.'s 2023 employer contribution ran below the $5,237 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 510105665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.