GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES
Plan Contact
- Contact person: KEVIN W. COBB ASST GEN TAX COUNSEL
- Phone: (313) 665-4085
Plan General Information
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is $11,722,594,969.00.This plan was established in 1955.
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is 91855
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Average Participant Retirement Account Value
In 2007, the average participant retirement account value for GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is $127,620.00
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is $7,382.00.
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is approximately $893.00
Investing in this additonal $893.00 for 20 years would give you extra $57,162.00, assuming a 10% annual return.
Investing in this additonal $893.00 for 20 years would give you extra $57,162.00, assuming a 10% annual return.
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Total Employer Contribution and Match Rate
In 2007, GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES allocates $82,042,274.00 to match its employees' contributions, providing an employer match rate of 24.20% of their contributions
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is -3.51%.
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is 5.52%. This measures the effectiveness of the plan participants' investments in the year.
GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES Expense Ratio
In 2007, the investment and administrative expense ratio of GENERAL MOTORS SAVINGS-STOCK PURCHASE PROGRAM FOR SALARIED EMPLOYEES is 0.00%.
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