401(k) · DOL Form 5500 · 2023
Ally Financial Inc. 401(k) Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 11,562
- Participants
- 99th
- Percentile by assets
- $223,624
- Avg per participant
Official DOL plan name: Ally Financial Inc. Retirement Savings Plan · Sponsored by Ally Financial Inc. · Michigan · Finance & Insurance
$2.6B in assets, 11,562 participants
Ally Financial Inc.'s Ally Financial Inc. Retirement Savings Plan reported $2.6B in total assets and 11,562 participants in its 2023 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 127,072 plans)
- #8,768 in Finance & Insurance (8,869 peers)
Coverage in Michigan
Ally Financial Inc. Retirement Savings Plan covers 11,562 participants in Michigan, 18x the typical Michigan plan (state average ~638 per filing). Assets: $2.6B.
- $2.6B
- total plan assets (2023 EOY)
- 11,562
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $223,624
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ally Financial Inc. Retirement Savings Plan reported net income rose from -$318M in the plan year 2022 filing to $438M in the plan year 2023 filing.
- Ally Financial Inc. Retirement Savings Plan end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Ally Financial Inc. Retirement Savings Plan reported participants rose from 10,291 in the plan year 2022 filing to 11,562 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Ally Financial Inc. Retirement Savings Plan reports 11,562 participants - 18x that state average ($2.6B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $438M |
| Employer EIN | 380572512 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ally Financial Inc.)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for Ally Financial Inc. Retirement Savings Plan
Ally Financial Inc. Retirement Savings Plan reports $2.6B in end-of-year assets across 11,562 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $223,624 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $438M.
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 | Open filing |
| 2023 | 11,562 | $2.6B | This page |
| 2024 · index core | 10,999 | $2.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Ally Financial Inc. Retirement Savings Plan (401(k), $2.9B, 10,999 participants)
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.
- Air Products & Chemicals, Inc. Retirement Savings Plan (PA) $2.6B · 5,733
- Rwjbarnabas Health 401(k) Savings Plan (NJ) $2.6B · 29,004
- Fedex Corporation Retirement Savings Plan II (TN) $2.6B · 99,296
- Samsung 401(k) Plan (NJ) $2.6B · 13,555
Frequently Asked Questions
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Filing takeaways
Ways to act on Ally Financial Inc. Retirement Savings Plan's numbers.
- By total assets, Ally Financial Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Ally Financial Inc.'s sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Finance & Insurance plans