Defined Benefit (Pension) · DOL Form 5500 · 2024
General Motors LLC Pension Plan
Data updated 2026-08-25
- $42.5B
- Total assets Mega-plan scale
- 15,648
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $2.7M
- Avg per participant High balance/head
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.
- #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.
- #17,774
- in Manufacturing (17,777 peers)
- -5.3%
- assets change YoY
- 426×
- vs typical plan assets (national mean)
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.
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 2024 · DOL Form 5500
$42,453,822,995 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
General Motors Hourly-Rate Employees Pension Plan'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. General Motors Hourly-Rate Employees Pension Plan is a mega filing (15,648 participants), the rightmost band on the breakdown.
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.
Form 5500 schedule snapshot
Filing strip 270383222 · General Motors LLC PY 2024 · Defined Benefit (Pension)
General Motors Hourly-Rate Employees Pension Plan · $42.5B · 15,648 · 100th
- IND $42.5B
- EOY 15,648
- 5500 100th
- ASSETS Defined Benefit (Pension)
- PCT near Rtx Consolidated Pension Plan
- EIN ind #17774
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
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)
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
| 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.
- 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)
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 ($41.6B); by covered participants it is Time Warner Cable Pension Plan in NC (15,757 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($42.5B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (15,648 participants); asset peers above are excluded.
- Time Warner Cable Pension Plan (NC) 15,757 · 109 off
- Ilwu-Pma Pension Plan (CA) 15,833 · 185 off
- The Citigroup Pension Plan (CT) 15,906 · 258 off
- National Automatic Sprinkler Industry Pension Fund (MD) 15,964 · 316 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.