401(k) · DOL Form 5500 · 2022

Ally Financial Inc. 401(k) Plan

Data updated 2026-08-11

$2.1B
Total assets
10,291
Participants
99th
Percentile by assets
$208,713
Avg per participant
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Official DOL plan name: Ally Financial Inc. Retirement Savings Plan · Sponsored by Ally Financial Inc. · Michigan · Finance & Insurance

$2.1B in assets, 10,291 participants

Ally Financial Inc.'s Ally Financial Inc. Retirement Savings Plan reported $2.1B in total assets and 10,291 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #9,157 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Ally Financial Inc. Retirement Savings Plan covers 10,291 participants in Michigan, 16x the typical Michigan plan (state average ~638 per filing). Assets: $2.1B.

$2.1B
total plan assets (2022 EOY)
10,291
covered participants
99th
percentile by assets (of 139,126 plans)
$208,713
avg assets per participant

The plan reported a net loss of $318M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Ally Financial Inc. Retirement Savings Plan reports 10,291 participants - 16x that state average ($2.1B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.1B
Net Income-$318M
Employer EIN380572512
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ally Financial Inc.)

$2B$2.5B$3B 202220232024 $2.15B $2.88B ▲ +34.0%
Total plan assets by year, all Ally Financial Inc. plans on file
Year Plans Participants Total Assets
2022 2 10,350 $2.1B
2023 2 11,562 $2.6B
2024 1 10,999 $2.9B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ally Financial Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Ally Financial Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants Ally Financial Inc. …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Ally Financial Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Ally Financial Inc. Retirement Savings Plan

Ally Financial Inc. Retirement Savings Plan reports $2.1B in end-of-year assets across 10,291 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $208,713 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was -$318M.

This plan identity (EIN 380572512, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.1B to $2.9B (+33.9%) while covered participants moved from 10,291 to 10,999 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,291 $2.1B This page
2023 11,562 $2.6B Open filing
2024 · index core 10,999 $2.9B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ally Financial Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ally Financial Inc. Retirement Savings Plan assets move in 2022?
Ally Financial Inc. Retirement Savings Plan pulled back noticeably - down 12.9% during 2022, from $2.5B to $2.1B. Reported net income was -$318M.
How have Ally Financial Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ally Financial Inc.'s sponsor-wide assets grew 33.9%, from $2.1B to $2.9B.
Where does Ally Financial Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Ally Financial Inc. Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Ally Financial Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Penn State Health 401(k) Savings Plan in PA ($2.1B, 16,910 participants).

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Filing takeaways

Ways to act on Ally Financial Inc. Retirement Savings Plan's numbers.