General Motors LLC
84
Plan:
41
73
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (84) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
1 additional year of work Up to $6,100 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 Savings-Stock Purchase Program for Salaried Employees in the United States is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. General Motors Savings-Stock Purchase Program for Salaried Employees in the United States currently has over 88,800 active participants and over $8.6B 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 | $8,570,000,000 |
| Total Participants | 89,000 |
| Avg Account Balance | $97,000 |
Compare Other Companies in Peer Group
| Cisco Systems | 85.0 |
| Alcatel-Lucent | 84.1 |
| Ford Motor Company | 79.6 |
| Raytheon Company | 79.4 |
| BAE Systems | 78.9 |
| Intel | 68.6 |
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