401(k) · DOL Form 5500 · 2023

The Allstate Corporation 401(k) Plan

Data updated 2026-08-11

$6.8B
Total assets
40,638
Participants
100th
Percentile by assets
$167,100
Avg per participant
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Official DOL plan name: Allstate 401(k) Savings Plan · Sponsored by The Allstate Corporation · Texas · Management of Enterprises

$6.8B in assets, 40,638 participants

The Allstate Corporation's Allstate 401(k) Savings Plan reported $6.8B in total assets and 40,638 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 127,072 plans)
  • #1,130 in Management of Enterprises (1,137 peers)

Coverage in Texas

Allstate 401(k) Savings Plan covers 40,638 participants in Texas, 59x the typical Texas plan (state average ~688 per filing). Assets: $6.8B.

$6.8B
total plan assets (2023 EOY)
40,638
covered participants
100th
percentile by assets (of 127,072 plans)
$167,100
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Allstate 401(k) Savings Plan reported net income rose from -$995M in the plan year 2022 filing to $717M in the plan year 2023 filing.
  • Allstate 401(k) Savings Plan end-of-year assets rose from $6.1B in the plan year 2022 filing to $6.8B in the plan year 2023 filing.
  • Allstate 401(k) Savings Plan reported participants fell from 43,272 in the plan year 2022 filing to 40,638 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Management of Enterprises

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Allstate 401(k) Savings Plan reports 40,638 participants - 59x that state average ($6.8B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$6.1B
Net Assets (End of Year)$6.8B
Net Income$717M
Employer EIN363871531
Plan Effective Date1995-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Allstate Corporation)

$10B$10.5B$11B$11.5B$12B 202220232024 $10.5B $11.8B ▲ +13.0%
Total plan assets by year, all The Allstate Corporation plans on file
Year Plans Participants Total Assets
2022 2 69,429 $10.5B
2023 2 74,127 $11.1B
2024 2 72,256 $11.8B

Nearby 401(k) Plans in Texas

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

Allstate 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Allstate 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 01020304050 Total assets ($B) Participants Allstate 401(k) Savi…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Allstate 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Allstate 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Allstate 401(k) Savings Plan

Allstate 401(k) Savings Plan reports $6.8B in end-of-year assets across 40,638 participants (0.055% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.043% of 93,925,755 covered participants) - about $167,100 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $717M.

This plan identity (EIN 363871531, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.1B to $7.6B (+25.5%) while covered participants moved from 43,272 to 38,761 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 43,272 $6.1B Open filing
2023 40,638 $6.8B This page
2024 · index core 38,761 $7.6B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Allstate 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Allstate 401(k) Savings Plan assets move in 2023? ▼
Allstate 401(k) Savings Plan grew at a solid clip - up 11.8% during 2023, from $6.1B to $6.8B. Reported net income was $717M.
How have The Allstate Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Allstate Corporation's sponsor-wide assets grew 13.0%, from $10.5B to $11.8B.
Where does Allstate 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Allstate 401(k) Savings Plan ranks in the 100th 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 Allstate 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nestle 401(k) Savings Plan in OH ($6.8B, 31,854 participants).

Next read for Allstate 401(k) Savings Plan

Filing takeaways

Ways to act on Allstate 401(k) Savings Plan's numbers.

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 363871531.

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.