Plan Ledger DOL Form 5500 · updated monthly

Ally Financial Inc.401(k)

ALLY FINANCIAL INC. RETIREMENT SAVINGS PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Ally Financial Inc. reported $879,583 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $10,518 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 9th-largest of 2,619 plans among Michigan employers on file, and the 72nd of 4,798 in finance & insurance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,875,575,974
Participants with balances15,056
Active participants10,634
Employer contributions$111,846,109
Employee contributions$104,555,222
Employer contribution per active participant$10,518
Average account balance$190,992
Benefits paid to participants$284,234,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 15,056 accts · $111.8M emplr
2023$2.6B · 15,589 accts · $112.4M emplr
2022$2.1B · 15,295 accts · $100.5M emplr
Administrative expenses, itemized · 2024
Investment management$571,948
Audit (IQPA)$56,090
Trustee / custodial$246,510
Total administrative$879,583
The Ally Financial Inc. 401(k) match · 2024
Employer contribution per active participant$10,518
Median for plans this size$5,259
2024$10,518 per active participant
2023$10,253 per active participant
2022$8,821 per active participant

Ally Financial Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
CALLAN · Pension consulting · Investment management$335,000
STATE STREET BANK & TRUST COMPANY · Trustee (directed) · Investment management$246,510
INVESCO ADVISERS, INC. · Investment management$236,948
DELOITTE & TOUCHE · Accounting / audit$56,090
DELOITTE TAX LLP · Accounting / audit$5,035

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$879,583 · 0.03%
2023$853,625 · 0.04%
2022$840,093 · 0.04%
Same employer
Similar plansFinance & Insurance · Michigan
Aon Consulting, Inc. IL$3.1B · 0.32%
Mufg Bank, LTD NY$3.1B · 0.03%
Highmark Health PA$2.9B · 0.04%
Voya Services Company GA$2.7B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380572512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.