401(k) · DOL Form 5500 · 2024

General Motors LLC 401(k) Plan

Data updated 2026-08-25

$9.6B
Total assets Very large vs avg
42,513
Participants Very large workforce
100th
Percentile by assets National rank
$225,069
Avg per participant Above avg balance/head
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Official DOL plan name: The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States · Sponsored by General Motors LLC · Michigan · Manufacturing

$9.6B in assets, 42,513 participants

General Motors LLC's The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States reported $9.6B in total assets and 42,513 participants in its 2024 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.

  • #17,715 in Manufacturing (17,777 peers)

Coverage in Michigan

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States covers 42,513 participants in Michigan, 67x the typical Michigan plan (state average ~638 per filing). Assets: $9.6B.

#17,715
in Manufacturing (17,777 peers)
+11.5%
assets growth YoY
96×
vs typical plan assets (national mean)

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States's outsized position by total assets

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,568,379,082 Highest reported value at or above every one of 123,620 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 2024

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States is a mega filing (42,513 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States end-of-year assets rose from $8.6B in the plan year 2023 filing to $9.6B in the plan year 2024 filing.
  • The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States reported participants rose from 40,393 in the plan year 2023 filing to 42,513 in the plan year 2024 filing.
  • The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States reported net income fell from $1.0B in the plan year 2023 filing to $995M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 270383222 · General Motors LLC PY 2024 · 401(k)

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States · $9.6B · 42,513 · 100th

  • NET $9.6B
  • NET 42,513
  • NET 100th
  • NET 401(k)
  • NET near Qualcomm Incorporated Employee Savings and Retirement Plan
  • NET ind #17715

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 →

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States in the asset neighbourhood

Siemens Savings Plan$9.8BQualcomm Incorporated Employee Savings and Retirement PlanQualcomm Incorporated Employ…$9.7BThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesThe General Motors Personal …$9.6BInsperity 401(k) Plan$9.4BNucor Corporation Profit Sharing and Retirement Savings PlanNucor Corporation Profit Sha…$9.3B
End-of-year total assets ($B) among The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$8.6B
Net Assets (End of Year)$9.6B
Net Income$995M
Employer EIN270383222
Plan Effective Date1983-12-30
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 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 10000200003000040000500006000070000 510152025 Total assets ($B) Participants The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly EmployeesStryker Corporation 401(k) Savings and Retirement Plan, Total assets ($B): 7.871213209 · Participants: 25035Stryker Corporation 401(k) Savings and Retirement Plan
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States reports $9.6B in end-of-year assets across 42,513 participants (0.078% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.045% of 93,925,755 covered participants) - about $225,069 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2024 was $995M.

This plan identity (EIN 270383222, plan #014) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.5B to $9.6B (+26.8%) while covered participants moved from 40,458 to 42,513 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 40,458 $7.5B Open filing
2023 40,393 $8.6B Open filing
2024 · index core 42,513 $9.6B This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Qualcomm Incorporated Employee Savings and Retirement Plan in CA ($9.7B); by covered participants it is Johnson and Johnson Savings Plan in NJ (42,583 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (42,513 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States assets move in 2024?
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States grew at a solid clip - up 11.5% during 2024, from $8.6B to $9.6B. Reported net income was $995M.
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 The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States rank by assets among Form 5500 filers?
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States?
Among 401(k) plans in other states, the closest by assets is Qualcomm Incorporated Employee Savings and Retirement Plan in CA ($9.7B, 13,777 participants).
Which 401(k) plans cover a similar participant headcount to The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States?
Among 401(k) plans in other states, the closest by covered participants is Johnson and Johnson Savings Plan in NJ (42,583 participants, $23.6B in assets).