General Motors LLC
69
Plan:
41
72
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $65,200 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
General Motors Personal Savings Plan for Hourly-Rate Employees in the United States is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. General Motors Personal Savings Plan for Hourly-Rate Employees in the United States currently has over 129,100 active participants and over $6.2B in plan assets.
Retirement Plan Details
| Address |
300 Renaissance Center
Mail Code 482-C16-D25 Detroit, MI 48265-3000 |
| Industry | Manufacturing |
| Administrator | Kevin Cobb |
| Net Plan Assets | $6,190,000,000 |
| Total Participants | 130,000 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| BAE Systems | 78.9 |
| Johnson Controls | 75.1 |
| Eaton | 73.4 |
| Chrysler Group LLC Cims 485-07-90 | 72.5 |
| Intel | 68.6 |
| Ford Motor Company | 60.1 |
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