General Motors 401(k) at a glance
| Employer match | GM's careers site says US salaried employees get a company match of up to 6% of pay on their own 401(k) savings. The exact match rate per percent is not stated. |
|---|---|
| Maximum match | 6% of pay |
| Company contribution (no match needed) | US salaried employees get a 4% company contribution whether or not they save. With the full match, the employer can add up to 10% of pay. |
| Eligibility | The 4% contribution and match apply to US salaried employees. Hourly employees with seniority get an automatic company contribution in the Personal Savings Plan. Temporary hourly employees can save in the plan but no company money is described. |
| Pension | YesGM froze the salaried pension on September 30, 2012. The US Hourly Pension Plan continues for legacy UAW members, and the 2023 UAW contract raised its monthly basic benefit by $5. |
| Plan provider | Fidelity |
| Who this applies to | US salaried employees (not UAW-represented) |
Good to know
- Older secondary sources describe the salaried match as dollar-for-dollar up to 4% of base pay. GM's current careers page says 'up to a 6% company match', which gives a total of up to 10% with the 4% contribution. Treat the 6% figure as the current one.
- UAW hourly workers hired after 2007 (no pension) get a 10% company 401(k) contribution with no required employee contribution under the 2023 UAW contract, up from 6.4%.
- GM's 2025 10-K says it contributed $915 million to US defined contribution plans in 2025 and calls the match discretionary.
Other General Motors retirement benefits
- HSA and FSA accounts
- GM Family First vehicle discounts
How to make the most of your General Motors 401(k)
- Always get the full match. Contribute enough to earn every matching dollar. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does General Motors match 401(k) contributions?
GM's careers site says US salaried employees get a company match of up to 6% of pay on their own 401(k) savings. The exact match rate per percent is not stated. US salaried employees get a 4% company contribution whether or not they save. With the full match, the employer can add up to 10% of pay.
When can I join the General Motors 401(k)?
The 4% contribution and match apply to US salaried employees. Hourly employees with seniority get an automatic company contribution in the Personal Savings Plan. Temporary hourly employees can save in the plan but no company money is described.
Does General Motors offer a pension?
GM froze the salaried pension on September 30, 2012. The US Hourly Pension Plan continues for legacy UAW members, and the 2023 UAW contract raised its monthly basic benefit by $5.
Sources (last verified 2026)
- Benefits — General Motors Careers (2026-09-24)
- General Motors Co Form 10-K FY2025 — SEC (2026-01)
- General Motors 401(k) RSP and PSP Plans — Mainstay Capital (2026-09-24)
- UAW Agreement Strengthens Retirement Security — Center for Retirement Research at Boston College (2023-11)
- What's the deal? UAW details gains of new four-year contract with GM — Detroit News (2023-11-04)
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.