Defined Benefit (Pension) · DOL Form 5500 · 2024
General Motors LLC Pension Plan
Data updated 2026-08-11
- $42.5B
- Total assets
- 15,648
- Participants
- 100th
- Percentile by assets
- $2.7M
- Avg per participant
Official DOL plan name: General Motors Hourly-Rate Employees Pension Plan · Sponsored by General Motors LLC · Michigan · Manufacturing
$42.5B in assets, 15,648 participants
General Motors LLC's General Motors Hourly-Rate Employees Pension Plan reported $42.5B in total assets and 15,648 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)
- #17,774 in Manufacturing (17,777 peers)
Coverage in Michigan
General Motors Hourly-Rate Employees Pension Plan covers 15,648 participants in Michigan, 25x the typical Michigan plan (state average ~638 per filing). Assets: $42.5B.
- $42.5B
- total plan assets (2024 EOY)
- 15,648
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $2.7M
- avg assets per participant
The plan reported a net loss of $2.0B 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 Hourly-Rate Employees Pension Plan reported net income fell from $907M in the plan year 2023 filing to -$2.0B in the plan year 2024 filing.
- General Motors Hourly-Rate Employees Pension Plan reported participants fell from 17,959 in the plan year 2023 filing to 15,648 in the plan year 2024 filing.
- General Motors Hourly-Rate Employees Pension Plan end-of-year assets fell from $44.8B in the plan year 2023 filing to $42.5B 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 Hourly-Rate Employees Pension Plan reports 15,648 participants - 25x that state average ($42.5B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $44.8B |
|---|---|
| Net Assets (End of Year) | $35.6B |
| Net Income | -$2.0B |
| Employer EIN | 270383222 |
| Plan Effective Date | 1950-10-01 |
| 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 Hourly-Rate Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- 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
- General Motors Salaried Retirement Program $4.1B · 8,644
Scale composition for General Motors Hourly-Rate Employees Pension Plan
General Motors Hourly-Rate Employees Pension Plan reports $42.5B in end-of-year assets across 15,648 participants (0.34% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $2.7M per participant (20x the national average assets-per-participant) . Net income for plan year 2024 was -$2.0B.
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 | Open filing |
| 2024 · index core | 15,648 | $42.5B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- 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)
- General Motors Salaried Retirement Program (Defined Benefit (Pension), $4.1B, 8,644 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Motors Hourly-Rate Employees Pension Plan by total assets, not by location.
- Rtx Consolidated Pension Plan (CT) $41.6B · 36,180
- State Farm Insurance Companies Retirement Plan for United States Employees (IL) $37.7B · 41,619
- Central States, Southeast & Southwest Areas Pension Plan (IL) $48.2B · 36,799
- Kaiser Permanente Retirement Plan (CA) $34.5B · 135,057
Frequently Asked Questions
How did General Motors Hourly-Rate Employees Pension Plan assets move in 2024? ▼
How have General Motors LLC plan assets changed over time? ▼
Where does General Motors Hourly-Rate Employees Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to General Motors Hourly-Rate Employees Pension Plan? ▼
Next read for General Motors Hourly-Rate Employees Pen…
Filing takeaways
Ways to act on General Motors Hourly-Rate Employees Pension Plan's numbers.
- By total assets, General Motors Hourly-Rate Employees Pension Plan 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