Defined Benefit (Pension) · DOL Form 5500 · 2023

The Allstate Corporation Pension Plan

Data updated 2026-08-25

$4.3B
Total assets Very large vs avg
33,489
Participants Very large workforce
100th
Percentile by assets National rank
$129,056
Avg per participant Near avg balance/head
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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.

  • #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.

#1,123
in Management of Enterprises (1,137 peers)
-1.8%
assets change YoY
43×
vs typical plan assets (national mean)

Allstate Retirement Plan's outsized position 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 Highest reported value at or above every one 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

Allstate Retirement 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. Allstate Retirement Plan is a mega filing (33,489 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363871531 · The Allstate Corporation PY 2023 · Defined Benefit (Pension)

Allstate Retirement Plan · $4.3B · 33,489 · 100th

  • IND $4.3B
  • IND 33,489
  • IND 100th
  • IND Defined Benefit (Pension)
  • IND near General Motors Salaried Retirement Program
  • IND ind #1123

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 Management of Enterprises retirement plans → · Plans in Texas →

Allstate Retirement Plan in the asset neighbourhood

Pension Plan for Salaried Employees of Union Pacific Corporation & AffiliatesPension Plan for Salaried Em…$4.4BGeneral Motors Salaried Retirement ProgramGeneral Motors Salaried Reti…$4.4BAllstate Retirement Plan$4.3BPepsico, Inc. Employees Retirement Plan HPepsico, Inc. Employees Reti…$4.3BUnited States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003)United States Steel Corporat…$4.3B
End-of-year total assets ($B) among Allstate Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$4.4B
Net Assets (End of Year)$4.1B
Net Income$25M
Employer EIN363871531
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Allstate Corporation)

Sponsor-wide plan assets over time

All The Allstate Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11.8B 12.957944888483999% vs 2022
2024 filing year
$10B$10.5B$11B$11.5B$12B 202220232024 $10.5B $11.8B ▲ +13.0%
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 Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Allstate Retirement Plan, Total assets ($B): 4.321947082 · Participants: 33489Allstate Retirement PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Allstate Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Allstate Retirement Plan side-by-side with 3 peers →

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 Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is General Motors Salaried Retirement Program in MI ($4.4B); by covered participants it is Screen Actors Guild - Producers Pension Plan in CA (33,798 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33,489 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 Allstate Retirement Plan assets move in 2023? ▼
Allstate Retirement Plan edged down modestly - down 1.8% during 2023, from $4.4B to $4.3B. Reported net income was $25M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Allstate Retirement 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 Defined Benefit (Pension) plans are similar in size to Allstate Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is General Motors Salaried Retirement Program in MI ($4.4B, 9,018 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Allstate Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Screen Actors Guild - Producers Pension Plan in CA (33,798 participants, $4.9B 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 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.