Retirement plan
GENERAL MOTORS HOURLY-RATE EMPLOYEES PENSION PLAN
GENERAL MOTORS LLCEIN 27-0383222Plan #003PY 2020
300 RENAISSANCE CENTER, MC 482-C33-A68 - DETROIT, MI 482431402800-489-4646gm.comLinkedIn10001+ employeesautomotive
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
CHRISTINE GONYEA
Signed 07/08/2021
Summary metrics
Total assets (EOY)
$54274.1M
+3.4% from 2017
Total participants
372,614
+2.8% from 2017
Average account balance
$0
No prior year
Annual return
8.71%
+2.82 pp from 2017
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort212 peers
Snapshot2020
0
Participant deferral / active EE
$0
median $23
0
Employer contribution / active EE
$0
median $5,975
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
21
Annual return
8.71%
median 12.84%
Overall peer rank
21of 100
21st percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$44.84B
Average account balance
Total assets / participants with a balance (line 6g)
$139K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
306,956
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$1.16M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$40
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+21.08%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
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.
Enrolled actuary
1 attachment
SB
MARY E GIBBON
WILLIS TOWERS WATSON US LLC
Enrollment #2006921
800 NORTH GLEBE ROAD
ARLINGTON, VA 22203
(703) 258-8163
Signed 2021-06-09
Top hat statement on fileNQDC
Filed September 16, 2011
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1B3H
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$121.5M
$5609 / participant
- Investment mgmt$65M53.3%
- Contract admin$19M15.9%
- Other / not subdivided$37M30.8%
% of EOY assets
0.224%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- ERNST & YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified