393 employees reported this benefit
There is a 401(K) with both a matching contribution and retirement contribution made by GM.
This information about the 401K Plan benefit at General Motors is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of General Motors. The description here may not reflect the current General Motors 401K Plan benefit.
The best 401k package i have seen
Company match, managed by Fidelity
Could have a better fund selection
If you max out contributions you can get GM to give you 6% if you put in 4%
company match with Fidelity funds
8% match is very generous.
great way to save for retirement.
Great company matching. Automatic 4% match plus up to an additional 4% based on employee contribution.
Automatic 4% given in 401k, and GM will match up to an additional 4% (meaning GM will contribute up to 8% so long as you contribute at least 4%).
8% match dollar for dollar