401(k) Retirement Plan · Active
THE GENERAL MOTORS PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES IN THE UNITED STATES
GENERAL MOTORS LLC·EIN 270383222
300 RENAISSANCE CENTER · DETROIT, MI 48265
Plan year
2024
Plan #
014
Industry
Filing ACK
202510071215…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$9568.4M
$136,685 per participant
Active participants
71,495
75.2% participation
Participation rate
75.2%
67th percentile
Annual return
15.16%
56th percentile
Admin expense
0.00%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2021
Clean
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry33, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$8,10331st pctile
- Employer contribution$4,89531st pctile
- Participation rate75.2%67th pctile
- Assets per participant$136,68527th pctile
- Expense efficiency$090th pctile
- Annual return15.16%56th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Fee trend vs peer
Less than 3 years of fee history available (0 on file)
Return trend
Section 03
10-year trajectory2021 - 2024
How plan year 2024 played out
Asset flow
+$987.69M
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.0%
Peer average
0.6%
In line with peersPeer marker at 0.6%
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 codes2F2G2J2K2S2T3F3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes2F2G2J2K2S2T3F3H
Plan features
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$228,808,655
Participant total$378,783,146
Employer / P$4,895
Participant / P$8,103
Expenses
Admin expenses$0
Per participant$0.00
% of assets0.00%
Fidelity bond
Coverage amount$150,000,000
% of assets1.57%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·270383222