Plan Ledger DOL Form 5500 · updated monthly

The Allstate Corporation401(k) + ESOP (KSOP)

ALLSTATE 401(K) SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

The Allstate Corporation reported $7,929,907 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,191 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 3 years on file its reported administrative ratio has held roughly steady near 0.110%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 21st-largest of 5,688 plans among Texas employers on file, and the 8th of 786 in management of companies. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,619,686,575
Participants with balances60,084
Active participants39,454
Employer contributions$125,908,285
Employee contributions$358,009,879
Employer contribution per active participant$3,191
Average account balance$126,817
Benefits paid to participants$684,983,324
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.6B · 60,084 accts · $125.9M emplr
2023$6.8B · 59,863 accts · $123.5M emplr
2022$6.1B · 61,950 accts · $130.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,981,420
Investment management$5,311,960
Audit (IQPA)$38,850
Trustee / custodial$564,708
Total administrative$7,929,907
The The Allstate Corporation 401(k) match · 2024
Employer contribution per active participant$3,191
Median for plans this size$5,259
2024$3,191 per active participant
2023$3,179 per active participant
2022$3,203 per active participant

The Allstate Corporation's 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 202410
ALIGHT SOLUTIONS LLC · Recordkeeping$2,561,545
ALIGHT FINANCIAL ADVISORS, LLC · Investment advisory (participants) · Investment management$3,772,792
STATE STREET GLOBAL ADVISORS TRU CO · Custodial · Custodial (securities)$933,255
THE NORTHERN TRUST COMPANY · Trustee · Other services$564,708
INVESCO ADVISERS, INC. · Investment management$467,966
TOWERS WATSON INVT SERVICES, INC. · Investment advisory (plan)$100,000
CROWE LLP · Accounting / audit$38,850
NORTHERN TRUST INVESTMENTS, INC. · Investment management$37,947
WILLIS TOWERS WATSON US LLC · Consulting$32,970
PERSHING LLCindirect comp

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

Recordkeeper by year2
2024Alight
2023Alight

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,929,907 · 0.11%
2023$7,084,657 · 0.11%
2022$6,923,748 · 0.11%
Same employer
Similar plansManagement of Companies · Texas
Warner Media, LLC NY$6.7B · 0.02%
State Street Corporation MA$6.5B · 0.04%
Geico Corporation DC$6.2B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363871531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.