Defined Benefit (Pension) · DOL Form 5500 · 2024
General Motors LLC Pension Plan
Data updated 2026-08-11
- $4.1B
- Total assets
- 8,644
- Participants
- 100th
- Percentile by assets
- $476,890
- Avg per participant
Official DOL plan name: General Motors Salaried Retirement Program · Sponsored by General Motors LLC · Michigan · Manufacturing
$4.1B in assets, 8,644 participants
General Motors LLC's General Motors Salaried Retirement Program reported $4.1B in total assets and 8,644 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.
- 100th percentile by assets (of 123,622 plans)
- #17,645 in Manufacturing (17,777 peers)
Coverage in Michigan
General Motors Salaried Retirement Program covers 8,644 participants in Michigan, 14x the typical Michigan plan (state average ~638 per filing). Assets: $4.1B.
- $4.1B
- total plan assets (2024 EOY)
- 8,644
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $476,890
- avg assets per participant
The plan reported a net loss of $625M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Motors Salaried Retirement Program reported net income fell from $277M in the plan year 2023 filing to -$625M in the plan year 2024 filing.
- General Motors Salaried Retirement Program end-of-year assets fell from $4.4B in the plan year 2023 filing to $4.1B in the plan year 2024 filing.
- General Motors Salaried Retirement Program reported participants fell from 9,018 in the plan year 2023 filing to 8,644 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. General Motors Salaried Retirement Program reports 8,644 participants - 14x that state average ($4.1B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $4.4B |
|---|---|
| Net Assets (End of Year) | $3.5B |
| Net Income | -$625M |
| Employer EIN | 270383222 |
| Plan Effective Date | 2012-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (General Motors LLC)
| 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 Salaried Retirement Program vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Scale composition for General Motors Salaried Retirement Program
General Motors Salaried Retirement Program reports $4.1B in end-of-year assets across 8,644 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $476,890 per participant (3.4x the national average assets-per-participant) . Net income for plan year 2024 was -$625M.
This plan identity (EIN 270383222, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.9B to $4.1B (+5.7%) while covered participants moved from 11,699 to 8,644 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,699 | $3.9B | Open filing |
| 2023 | 9,018 | $4.4B | Open filing |
| 2024 · index core | 8,644 | $4.1B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- General Motors Hourly-Rate Employees Pension Plan (Defined Benefit (Pension), $42.5B, 15,648 participants)
- General Motors Retirement Savings Plan for Salaried Employees in the United States (401(k), $23.1B, 43,053 participants)
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States (401(k), $9.6B, 42,513 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Motors Salaried Retirement Program by total assets, not by location.
- Marsh & Mclennan Companies Retirement Plan (NY) $4.2B · 7,319
- American Electric Power System Retirement Plan (OH) $4.1B · 16,073
- General Dynamics Retirement Plan (Electric Boat and Mission Systems) (VA) $4.1B · 7,035
- Pension Plan for Salaried Employees of Union Pacific Corporation & Affiliates (NE) $4.1B · 3,382
Frequently Asked Questions
How did General Motors Salaried Retirement Program assets move in 2024? ▼
How have General Motors LLC plan assets changed over time? ▼
Where does General Motors Salaried Retirement Program rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to General Motors Salaried Retirement Program? ▼
Next read for General Motors Salaried Retirement Progr…
Filing takeaways
Ways to act on General Motors Salaried Retirement Program's numbers.
- By total assets, General Motors Salaried Retirement Program ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- General Motors LLC's sponsor-wide assets have grown 13.6% since 2022 across 3 plan years on file. More Manufacturing plans