401(k) Retirement Plan · Active
GENERAL MOTORS SALARIED RETIREMENT PROGRAM
GENERAL MOTORS LLC·EIN 270383222
300 RENAISSANCE CENTER · DETROIT, MI 48265
Plan year
2024
Plan #
016
Industry
Filing ACK
202507101008…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$4359.8M
$0 per participant
Active participants
31,932
40.8% participation
Participation rate
40.8%
10th percentile
Annual return
18.54%
86th percentile
Admin expense
2.74%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry33, Assets>$1B, Participants5,000-9,999, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$23,13780th pctile
- Participation rate40.8%10th pctile
- Assets per participant$00th pctile
- Expense efficiency$3,7347th pctile
- Annual return18.54%86th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Return trend
Section 03
10-year trajectory2022 - 2024
How plan year 2024 played out
Asset flow
+$459.89M
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.6%
Peer average
0.5%
In line with peersPeer marker at 0.5%
Section 04
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1A1C1E3H1I
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1C1E3H1I
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
Contributions
Employer total$200,000,000
Participant total$0
Employer / P$23,137
Participant / P$0
Expenses
Admin expenses$32,278,696
Per participant$3,734.23
% of assets0.74%
Fidelity bond
Coverage amount$150,000,000
% of assets3.44%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·270383222