Ally Financial Inc. Retirement Savings Plan — Form 5500 plan (Ally Financial Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ally Financial Inc. Retirement Savings Plan is a benefit plan reported by Ally Financial Inc. under EIN 38-0572512 and plan number 001. The latest loaded filing year is 2023. The filing reports 15,924 participants and $2,585,546,058 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ally Financial Inc.
- EIN
- 38-0572512
- Plan number
- 001
- Plan type
- 2
- Location
- Detroit, MI
- Latest filing year
- 2023
- Participants
- 15,924
- End-of-year plan assets
- $2,585,546,058
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 15,924 | H, C | 20240924105932NAL0004632195001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,585,546,058
- Total liabilities (EOY)
- $237,700
- Net assets (EOY)
- $2,585,308,358
- Net assets (BOY)
- $2,147,669,947
Income & contributions
- Employer contributions
- $112,433,716
- Participant contributions
- $108,257,124
- Total contributions
- $230,469,896
- Total income / additions
- $613,746,971
Expenses & distributions
- Benefits paid
- $175,127,284
- Administrative expenses
- $853,625
- Total expenses
- $176,108,560
- Net increase / (decrease)
- $437,638,411
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Callan | NONE | $335,000 | not reported in the loaded dataset | 2023 |
| Invesco Advisers, Inc. | NONE | $260,321 | $0 | 2023 |
| State Street Bank & Trust Company | NONE | $201,977 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche | NONE | $51,345 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ally Financial Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Detroit, MI
- Callan — Schedule C compensation
- Invesco Advisers, Inc. — Schedule C compensation
- State Street Bank & Trust Company — Schedule C compensation
- Deloitte & Touche — Schedule C compensation