The Allstate Corporation 401(k): Alight, match 4% max
Allstate 401(k) Savings Plan · ALL · CIK 899051
Alight is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
4%
The Allstate Corporation matches 100% (dollar-for-dollar) of the first 2% of pay, then 50% of the next 4% of pay, for a maximum employer match of 4% of pay.
From the Form 11-K filed June 26, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Allstate puts in, and what the plan costs
What Allstate put into the plan, per active participant
$3,191
The Allstate Corporation put $3,191 into this plan for each of its 39,454 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Allstate put in less per active participant than 70% of plans with 5,000+ participants at holding companies. The middle plan in that group of 62 reported $4,209. Holding companies comes from business code 551112, which Allstate entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Allstate pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 363871531, plan 001 · DOL EFAST2 ↗
The $3,191 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. The Allstate Corporation also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Allstate puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“Company contributions are safe harbor matching contributions up to 4% of eligible compensation. The safe harbor match rate is equal to 100% of the first 2% of eligible compensation contributed plus 50% on the next 4% of eligible compensation contributed. The Company match applies to pre-tax and Roth contributions. Company match contributions are invested in accordance with participant elections and deposited each pay period.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
71.43 out of 100
How fast the employer’s money becomes yours. Higher than 32% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting — Participants are immediately vested in their contributions and earnings and 100% vested in the Company’s contributions after two years of service.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
92nd percentile
$130.45 per participant in plan-paid administrative cost, more expensive than 92% of plans with 5,000+ participants.
What is Allstate's 401(k) match formula?
Allstate's 401(k) employer match tops out at 4% of pay. The match is deposited each payroll. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 100% (dollar-for-dollar) of the first 2% of pay |
|---|---|
| then | 50% of the next 4% of pay |
| Maximum employer match | 4% of compensation |
| Deposited | Each payroll |
| Paid in company stock | No, paid in cash or per your investment elections |
| Conditions | Safe harbor matching contributions; the Company match applies to pre-tax and Roth contributions |
At a $90,000 salary, contributing 6% ($5,400) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“Company contributions are safe harbor matching contributions up to 4% of eligible compensation. The safe harbor match rate is equal to 100% of the first 2% of eligible compensation contributed plus 50% on the next 4% of eligible compensation contributed. The Company match applies to pre-tax and Roth contributions. Company match contributions are invested in accordance with participant elections and deposited each pay period.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Allstate's 401(k) vesting schedule?
Allstate vests the employer match on a cliff schedule: nothing is yours until two years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a two-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 2 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | Full vesting and expanded distribution rights for participants who become totally and permanently disabled (effective January 1, 2025); 100% vesting upon Plan termination; full vesting of Company accounts for certain participants transferred in connection with the sale of American Heritage Life Insurance Company and the sale of the Company's group health business |
Vesting, word for word
“Vesting — Participants are immediately vested in their contributions and earnings and 100% vested in the Company’s contributions after two years of service.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who can join Allstate's 401(k), and is enrollment automatic?
Allstate enrolls new hires automatically at 6% of pay, rising 1% a year to 10% of pay.
| Plan entry | Regular full-time and regular part-time employees of the Company who are at least 18 years old are eligible to participate upon hire; there is no waiting period to enroll |
|---|---|
| Excluded groups | Certain exclusions apply under the terms of the Plan (groups not specified in the filing) |
| Automatic enrollment | Yes: default deferral 6% of pay; 45-day opt-out window; auto-escalation +1%/yr to 10%; default investment: Target Retirement Date Fund that corresponds with the participant's birth date (assumes retirement and account distribution at age 65) |
Eligibility, word for word
“General — Regular full‑time and regular part‑time employees of the Company who are at least 18 years old are eligible to participate in the Plan upon hire, subject to certain exclusions under the terms of the Plan. There is no waiting period to enroll.”
Automatic enrollment, word for word
“All eligible employees hired or rehired are automatically enrolled in the Plan at a 6% pre-tax contribution rate, unless the participant declines enrollment or changes the contribution rate within the first 45 days of eligibility. Additionally, contributions will automatically increase 1% each year until the target contribution rate of 10% is reached.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Alight, filed as “ALIGHT SOLUTIONS LLC”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
46 plans on file name Alight as their recordkeeper. Of those, the 46 with a computable fee have a median plan-paid cost of $87.90 per participant.
Participants log in at Alight, find your HR website ↗. Alight runs a separate site for each employer, so that page asks which employer you work for first. 401(k) Monitor is not affiliated with Alight or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Alight |
|---|---|
| Recordkeeper EIN | 821061233 |
What does the Allstate plan report on Form 5500?
The Allstate plan reported $7.6B in assets and 60,788 participants for plan year 2024.
| Total plan assets | $7,621,544,509 |
|---|---|
| Participants | 60,788 |
| Plan-paid admin cost per participant | $130.45 |
How that cost compares
This plan pays $130.45 per participant. The median across plans at holding companies is $106.24, from the 612 of 643 whose Form 5500 yields a per-participant cost.
Allstate 401(k) Savings Plan on its Form 5500 filing: fees, providers and financials
How does Allstate's 401(k) match compare?
The Allstate Corporation's maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at holding companies, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3.5% of pay. Also at holding companies.
Maximum match 4.5% of pay. Also at holding companies.
Maximum match 3.5% of pay. Also at holding companies.
Maximum match 3.5% of pay. Same recordkeeper, Alight.
Maximum match 4% of pay. Same recordkeeper, Alight.
Maximum match 6% of pay. Same 2-year cliff as Allstate.
Compare The Allstate Corporation with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 26, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is The Allstate Corporation's 401(k) match?
The Allstate Corporation matches 100% (dollar-for-dollar) of the first 2% of pay, then 50% of the next 4% of pay, for a maximum employer match of 4% of compensation (plan year ended December 31, 2025).
When does the The Allstate Corporation 401(k) match vest?
Cliff: 100% vested after 2 years of service.
Does The Allstate Corporation's 401(k) plan have automatic enrollment?
Yes: default deferral 6% of pay; 45-day opt-out window; auto-escalation +1%/yr to 10%; default investment: Target Retirement Date Fund that corresponds with the participant's birth date (assumes retirement and account distribution at age 65).
Who is the recordkeeper for The Allstate Corporation's 401(k)?
Alight is named as the recordkeeper on the Form 5500 filed for Allstate 401(k) Savings Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that The Allstate Corporation filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | The Allstate Corporation |
| SEC CIK | 899051 |
| Accession number | 0000899051-26-000101 |
| Plan | Allstate 401(k) Savings Plan |
| Period of report | December 31, 2025 |
| Filed | June 26, 2026 |
401(k) Monitor is not affiliated with The Allstate Corporation, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “The Allstate Corporation 401(k) plan facts”, from SEC Form 11-K accession 0000899051-26-000101, plan year ended December 31, 2025.
