401(k) · DOL Form 5500 · 2023

Ally Financial Inc. 401(k) Plan

Data updated 2026-08-25

$2.6B
Total assets Very large vs avg
11,562
Participants Very large workforce
99th
Percentile by assets National rank
$223,624
Avg per participant Above avg balance/head
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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.

  • #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.

#8,768
in Finance & Insurance (8,869 peers)
+20.4%
assets growth YoY
26×
vs typical plan assets (national mean)

Ally Financial Inc. Retirement Savings Plan's outsized position by total assets

Ally Financial Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,585,546,058 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ally Financial Inc. Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ally Financial Inc. Retirement Savings Plan is a mega filing (11,562 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 380572512 · Ally Financial Inc. PY 2023 · 401(k)

Ally Financial Inc. Retirement Savings Plan · $2.6B · 11,562 · 99th

  • BOY $2.6B
  • BOY 11,562
  • BOY 99th
  • BOY 401(k)
  • BOY near Air Products & Chemicals, Inc. Retirement Savings Plan
  • BOY ind #8768

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Michigan →

Ally Financial Inc. Retirement Savings Plan in the asset neighbourhood

Samsung 401(k) Plan$2.6BAlly Financial Inc. Retirement Savings PlanAlly Financial Inc. Retireme…$2.6BFedex Corporation Retirement Savings Plan IIFedex Corporation Retirement…$2.6BAir Products & Chemicals, Inc. Retirement Savings PlanAir Products & Chemicals, In…$2.6BRwjbarnabas Health 401(k) Savings PlanRwjbarnabas Health 401(k) Sa…$2.6B
End-of-year total assets ($B) among Ally Financial Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.6B
Net Income$438M
Employer EIN380572512
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ally Financial Inc.)

Sponsor-wide plan assets over time

All Ally Financial Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.9B 33.857710079841674% vs 2022
2024 filing year
$2B$2.5B$3B 202220232024 $2.15B $2.88B ▲ +34.0%
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 Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Ally Financial Inc. Retirement Savings Plan, Total assets ($B): 2.585546058 · Participants: 11562Ally Financial Inc. Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ally Financial Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Ally Financial Inc. Retirement Savings Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Air Products & Chemicals, Inc. Retirement Savings Plan in PA ($2.6B); by covered participants it is Athena Health Care Associates, Inc. 401(k) Plan in CT (11,562 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,562 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ally Financial Inc. Retirement Savings Plan assets move in 2023? ▼
Ally Financial Inc. Retirement Savings Plan grew sharply - up 20.4% during 2023, from $2.1B to $2.6B. Reported net income was $438M.
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 127,072 plans that reported assets for plan year 2023 (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 Air Products & Chemicals, Inc. Retirement Savings Plan in PA ($2.6B, 5,733 participants).
Which 401(k) plans cover a similar participant headcount to Ally Financial Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Athena Health Care Associates, Inc. 401(k) Plan in CT (11,562 participants, $118M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 380572512.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.