Plan Snapshot
- Plan Sponsor: The Allstate Corporation
- Sponsor EIN: 363871531
- Sponsor Address: PO BOX 661003, DALLAS, TX, 752661003
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 39,454
- Total Assets: $7.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 39,454 | $7.6B | $125.9M | $358.0M |
| 2023 | 38,866 | $6.8B | $123.5M | $339.3M |
| 2022 | 40,645 | $6.1B | $130.2M | $362.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALIGHT FINANCIAL ADVISORS, LLC | Recordkeeper | $3,772,792 | — | $3,772,792 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $2,561,545 | — | $2,561,545 |
| STATE STREET GLOBAL ADVISORS TRU CO | Other Service Provider | $933,255 | — | $933,255 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $564,708 | — | $564,708 |
| INVESCO ADVISERS, INC. | Other Service Provider | $467,966 | — | $467,966 |
| TOWERS WATSON INVT SERVICES, INC. | Other Service Provider | $100,000 | — | $100,000 |
| CROWE LLP | Other Service Provider | $38,850 | — | $38,850 |
| NORTHERN TRUST INVESTMENTS, INC. | Other Service Provider | $37,947 | — | $37,947 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $32,970 | — | $32,970 |
| PERSHING LLC | Investment Advisor | — | $32,072 | $32,072 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- PERSHING LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,542,105
- Estimated Expense Ratio: 0.112% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $7,929,907 | $5,311,960 | — | $38,850 | — |
| 2023 | $7,084,657 | $4,663,109 | — | $92,700 | — |
| 2022 | $6,923,748 | $4,456,877 | $1,899,775 | — | $564,016 |