General Motors Hourly-Rate Employees Pension Plan vs Boeing Company Employee Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to Boeing Company Employee Retirement Plan at 70/100 (B). Funding ratios differ by 2.0 percentage points (80.1% vs 78.1%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.
| Metric | General Motors Hourly-Rate Employees Pension Plan | Boeing Company Employee Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 78/100 (B)* | 70/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 80.1%* | 78.1% |
| Total Assets | $66.5B | $56.0B |
| Total Liabilities | $83.0B | $71.7B* |
| Unfunded Liability | $16.5B | $15.7B* |
| Participants | 302,000 | 228,000 |
| 1-Year Investment Return | 7.2%* | 6.7% |
| Plan Type | corporate | corporate |
| PBGC Risk Level | low | moderate |
| Sponsor | General Motors | Boeing Company |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to Boeing Company Employee Retirement Plan at 70/100 (B). Funding ratios differ by 2.0 percentage points (80.1% vs 78.1%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.