Defined Benefit (Pension) · DOL Form 5500 · 2023

General Motors LLC Pension Plan

Data updated 2026-08-25

$44.8B
Total assets Mega-plan scale
17,959
Participants Very large workforce
100th
Percentile by assets National rank
$2.5M
Avg per participant High balance/head
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Official DOL plan name: General Motors Hourly-Rate Employees Pension Plan · Sponsored by General Motors LLC · Michigan · Manufacturing

$44.8B in assets, 17,959 participants

General Motors LLC's General Motors Hourly-Rate Employees Pension Plan reported $44.8B in total assets and 17,959 participants in its 2023 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,719 in Manufacturing (18,722 peers)

Coverage in Michigan

General Motors Hourly-Rate Employees Pension Plan covers 17,959 participants in Michigan, 28x the typical Michigan plan (state average ~638 per filing). Assets: $44.8B.

#18,719
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY
450×
vs typical plan assets (national mean)

General Motors Hourly-Rate Employees Pension Plan's outsized position by total assets

General Motors Hourly-Rate Employees Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$44,838,918,802 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

General Motors Hourly-Rate Employees Pension Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Motors Hourly-Rate Employees Pension Plan is a mega filing (17,959 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Motors Hourly-Rate Employees Pension Plan reported net income rose from -$4.0B in the plan year 2022 filing to $907M in the plan year 2023 filing.
  • General Motors Hourly-Rate Employees Pension Plan end-of-year assets rose from $40.2B in the plan year 2022 filing to $44.8B in the plan year 2023 filing.
  • General Motors Hourly-Rate Employees Pension Plan reported participants fell from 18,766 in the plan year 2022 filing to 17,959 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 270383222 · General Motors LLC PY 2023 · Defined Benefit (Pension)

General Motors Hourly-Rate Employees Pension Plan · $44.8B · 17,959 · 100th

  • EIN $44.8B
  • RANK 17,959
  • PHOTO 100th
  • IND Defined Benefit (Pension)
  • EOY near Rtx Consolidated Pension Plan
  • 5500 ind #18719

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

General Motors Hourly-Rate Employees Pension Plan in the asset neighbourhood

Central States, Southeast & Southwest Areas Pension PlanCentral States, Southeast & …$49.7BGeneral Motors Hourly-Rate Employees Pension PlanGeneral Motors Hourly-Rate E…$44.8BRtx Consolidated Pension Plan$43.8BState Farm Insurance Companies Retirement Plan for United States EmployeesState Farm Insurance Compani…$35.2BKaiser Permanente Retirement PlanKaiser Permanente Retirement…$33.5B
End-of-year total assets ($B) among General Motors Hourly-Rate Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$40.2B
Net Assets (End of Year)$37.5B
Net Income$907M
Employer EIN270383222
Plan Effective Date1950-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Motors LLC)

Sponsor-wide plan assets over time

All General Motors LLC plans reported in each filing year

Latest sponsor-wide plan assets
$79.2B 13.553321716527227% vs 2022
2024 filing year
$65B$70B$75B$80B$85B 202220232024 $69.8B $79.2B ▲ +13.5%
Year Plans Participants Total Assets
2022 4 114,305 $69.8B
2023 4 114,669 $78.2B
2024 4 109,858 $79.2B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

General Motors Hourly-Rate Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 01020304050 Total assets ($B) Participants General Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension AgreementGeneral Motors Salaried Retirement Program, Total assets ($B): 4.359773139 · Participants: 9018General Motors Salaried Retirement Program
General Motors Hourly-Rate Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Scale composition for General Motors Hourly-Rate Employees Pension Plan

General Motors Hourly-Rate Employees Pension Plan reports $44.8B in end-of-year assets across 17,959 participants (0.36% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $2.5M per participant (18x the national average assets-per-participant) . Net income for plan year 2023 was $907M.

This plan identity (EIN 270383222, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $40.2B to $42.5B (+5.5%) while covered participants moved from 18,766 to 15,648 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 18,766 $40.2B Open filing
2023 17,959 $44.8B This page
2024 · index core 15,648 $42.5B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

General Motors Hourly-Rate Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Rtx Consolidated Pension Plan in CT ($43.8B); by covered participants it is Marathon Petroleum Retirement Plan in OH (17,542 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($44.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (17,959 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did General Motors Hourly-Rate Employees Pension Plan assets move in 2023?
General Motors Hourly-Rate Employees Pension Plan grew at a solid clip - up 11.4% during 2023, from $40.2B to $44.8B. Reported net income was $907M.
How have General Motors LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), General Motors LLC's sponsor-wide assets grew 13.6%, from $69.8B to $79.2B.
Where does General Motors Hourly-Rate Employees Pension Plan rank by assets among Form 5500 filers?
General Motors Hourly-Rate Employees Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to General Motors Hourly-Rate Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Rtx Consolidated Pension Plan in CT ($43.8B, 23,823 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Motors Hourly-Rate Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Marathon Petroleum Retirement Plan in OH (17,542 participants, $2.1B in assets).