Defined Benefit (Pension) · DOL Form 5500 · 2023
The Allstate Corporation Pension Plan
Data updated 2026-08-11
- $4.3B
- Total assets
- 33,489
- Participants
- 100th
- Percentile by assets
- $129,056
- Avg per participant
Official DOL plan name: Allstate Retirement Plan · Sponsored by The Allstate Corporation · Texas · Management of Enterprises
$4.3B in assets, 33,489 participants
The Allstate Corporation's Allstate Retirement Plan reported $4.3B in total assets and 33,489 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)
- #1,123 in Management of Enterprises (1,137 peers)
Coverage in Texas
Allstate Retirement Plan covers 33,489 participants in Texas, 49x the typical Texas plan (state average ~688 per filing). Assets: $4.3B.
- $4.3B
- total plan assets (2023 EOY)
- 33,489
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $129,056
- avg assets per participant
Where Allstate Retirement Plan sits by total assets
Allstate Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,321,947,082 Top 1% higher than 100% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Allstate Retirement Plan reported net income rose from -$2.0B in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Allstate Retirement Plan reported participants rose from 26,157 in the plan year 2022 filing to 33,489 in the plan year 2023 filing.
- Allstate Retirement Plan end-of-year assets fell from $4.4B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Allstate Retirement Plan reports 33,489 participants - 49x that state average ($4.3B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $4.4B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | $25M |
| Employer EIN | 363871531 |
| Plan Effective Date | 1946-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Allstate Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 69,429 | $10.5B |
| 2023 | 2 | 74,127 | $11.1B |
| 2024 | 2 | 72,256 | $11.8B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Allstate Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $30.0B · 107,859
- Shell Pension Plan $15.1B · 12,215
- Exxonmobil Pension Plan $12.0B · 22,551
- Caterpillar Inc. Retirement Income Plan $9.8B · 12,138
- Bp Retirement Accumulation Plan $5.5B · 9,360
Scale composition for Allstate Retirement Plan
Allstate Retirement Plan reports $4.3B in end-of-year assets across 33,489 participants (0.035% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.036% of 93,925,755 covered participants) - about $129,056 per participant (93% of the national average assets-per-participant) . Net income for plan year 2023 was $25M.
This plan identity (EIN 363871531, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.4B to $4.2B (-4.4%) while covered participants moved from 26,157 to 33,495 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 26,157 | $4.4B | Open filing |
| 2023 | 33,489 | $4.3B | This page |
| 2024 · index core | 33,495 | $4.2B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Allstate 401(k) Savings Plan (401(k), $7.6B, 38,761 participants)
- Allstate Retirement Plan (Defined Benefit (Pension), $4.2B, 33,495 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Allstate Retirement Plan by total assets, not by location.
- General Motors Salaried Retirement Program (MI) $4.4B · 9,018
- Pension Plan for Salaried Employees of Union Pacific Corporation & Affiliates (NE) $4.4B · 3,724
- Pepsico, Inc. Employees Retirement Plan H (NY) $4.3B · 73,934
- United States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003) (PA) $4.3B · 3,317
Frequently Asked Questions
How did Allstate Retirement Plan assets move in 2023? ▼
How have The Allstate Corporation plan assets changed over time? ▼
Where does Allstate Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Allstate Retirement Plan? ▼
Next read for Allstate Retirement Plan
Filing takeaways
Ways to act on Allstate Retirement Plan's numbers.
- By total assets, Allstate Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- The Allstate Corporation's sponsor-wide assets have grown 13.0% since 2022 across 3 plan years on file. More Management of Enterprises plans