General Motors Corporation, also known as GM, is the world's largest automaker. Founded in 1908, GM today employs about 326,999 people around the world. In 1909, General Motors acquired the Rapid Motor Vehicle Company of Pontiac, Michigan, the predecessor of GMC Truck.

Since 2000, GM has remained the world's largest auto maker, ranked according to sales. After oil company mergers, GM's rank changed to the 5th largest company in the United States and the world in terms of sales.

In the U.S., GM manages two separate pension plans for employees — one for hourly employees and one for salaried employees. The Hourly Pension Plan and the Salaried Retirement Program both compare very favorably as measured by leading U.S. benefits consulting firms against the retirement programs for employees at other leading U.S. manufacturing companies.

For the General Motors Retirement Program for Salaried Employees, we included the following factors:

Data comes from the most recent General Motors Retirement Program for Salaried Employees Form 5500 (Year: 2004) found at www.freeERISA.com. If you have questions or concerns, the best person to ask is your Plan Administrator or your financial advisor.

Note:  At some point during the year, the employer failed to timely remit $5.7M of contributions into the plan.

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