General Motors Hourly-Rate Employees Pension Plan vs General Motors Salaried Pension Plan
Side-by-side pension health comparison from DOL and public plan data
General Motors Hourly-Rate Employees Pension Plan (B) and General Motors Salaried Pension Plan (C) are close on the LakeQuality rubric. Funding ratios sit at 77% and 71% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 65/100 (B) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 5.6 percentage points (77.1% vs 71.5%). General Motors Hourly-Rate Employees Pension Plan covers 11,395 participants.
| Metric | General Motors Hourly-Rate Employees Pension Plan | General Motors Salaried Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 65/100 (B)* | 51/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 77.1%* | 71.5% |
| Total Assets | $739.0M | $468.2M |
| Total Liabilities | $958.8M | $655.1M* |
| Unfunded Liability | $219.7M | $187.0M* |
| Participants | 11,395 | 3,061 |
| 1-Year Investment Return | 7.2% | 7.4%* |
| Plan Type | corporate | corporate |
| PBGC Risk Level | moderate | moderate |
| Sponsor | General Motors | General Motors |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 65/100 (B) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 5.6 percentage points (77.1% vs 71.5%). General Motors Hourly-Rate Employees Pension Plan covers 11,395 participants.
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