401(k) · DOL Form 5500 · 2024

The Allstate Corporation 401(k) Plan

Data updated 2026-08-25

$7.6B
Total assets Very large vs avg
38,761
Participants Very large workforce
100th
Percentile by assets National rank
$196,629
Avg per participant Above avg balance/head
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Official DOL plan name: Allstate 401(k) Savings Plan · Sponsored by The Allstate Corporation · Texas · Management of Enterprises

$7.6B in assets, 38,761 participants

The Allstate Corporation's Allstate 401(k) Savings Plan reported $7.6B in total assets and 38,761 participants in its 2024 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.

  • #1,124 in Management of Enterprises (1,133 peers)

Coverage in Texas

Allstate 401(k) Savings Plan covers 38,761 participants in Texas, 56x the typical Texas plan (state average ~688 per filing). Assets: $7.6B.

#1,124
in Management of Enterprises (1,133 peers)
+12.2%
assets growth YoY
76×
vs typical plan assets (national mean)

Allstate 401(k) Savings Plan's outsized position by total assets

Allstate 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,621,544,509 Highest reported value at or above every one of 123,620 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 2024

Allstate 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Allstate 401(k) Savings Plan is a mega filing (38,761 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Allstate 401(k) Savings Plan reported net income rose from $717M in the plan year 2023 filing to $832M in the plan year 2024 filing.
  • Allstate 401(k) Savings Plan end-of-year assets rose from $6.8B in the plan year 2023 filing to $7.6B in the plan year 2024 filing.
  • Allstate 401(k) Savings Plan reported participants fell from 40,638 in the plan year 2023 filing to 38,761 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 363871531 · The Allstate Corporation PY 2024 · 401(k)

Allstate 401(k) Savings Plan · $7.6B · 38,761 · 100th

  • VS-ST $7.6B
  • VS-ST 38,761
  • VS-ST 100th
  • VS-ST 401(k)
  • VS-ST near Hdr, Inc. Best Plan and ESOP
  • VS-ST ind #1124

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 401(k) Savings Plan in the asset neighbourhood

Massachusetts Institute of Technology Supplemental 401(k) PlanMassachusetts Institute of T…$7.7BAmgen Retirement and Savings PlanAmgen Retirement and Savings…$7.7BHumana Retirement Savings PlanHumana Retirement Savings Pl…$7.7BHdr, Inc. Best Plan and ESOP$7.7BAllstate 401(k) Savings Plan$7.6B
End-of-year total assets ($B) among Allstate 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$6.8B
Net Assets (End of Year)$7.6B
Net Income$832M
Employer EIN363871531
Plan Effective Date1995-06-30
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 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 Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants Allstate 401(k) Savings Plan, Total assets ($B): 7.621544509 · Participants: 38761Allstate 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Allstate 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Allstate 401(k) Savings Plan

Allstate 401(k) Savings Plan reports $7.6B in end-of-year assets across 38,761 participants (0.062% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.041% of 93,925,755 covered participants) - about $196,629 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $832M.

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 Open filing
2024 · index core 38,761 $7.6B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Texas, the nearest 401(k) by assets is Hdr, Inc. Best Plan and ESOP in NE ($7.7B); by covered participants it is Medtronic Savings and Investment Plan in MN (38,480 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (38,761 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Allstate 401(k) Savings Plan assets move in 2024? ▼
Allstate 401(k) Savings Plan grew at a solid clip - up 12.2% during 2024, from $6.8B to $7.6B. Reported net income was $832M.
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 123,622 plans that reported assets for plan year 2024 (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 Hdr, Inc. Best Plan and ESOP in NE ($7.7B, 11,460 participants).
Which 401(k) plans cover a similar participant headcount to Allstate 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Medtronic Savings and Investment Plan in MN (38,480 participants, $13.7B in assets).