# General Electric Company, Operating As Ge Aerospace Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/general-electric-company-operating-as-ge-aerospace-140689340-502

> General Electric Company, Operating As Ge Aerospace&#39;s Health &amp; Welfare plan: 45,948 participants, plan year 2024 financials, providers, and benchmarks from F…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** General Electric Company, Operating As Ge Aerospace

- **Sponsor EIN:** 140689340

- **Sponsor Address:** 1 NEUMANN WAY, EVENDALE, OH, 45215

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 45,948

- **Total Assets:** $12.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|45,948|$12.5M|$133.1M|$21.3M|

| 2023|62,074|$16.2M|$183.3M|$29.0M|

| 2022|59,365|$18.6M|$154.7M|$27.4M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| SEDGWICK CMS|Other Service Provider|$659,411|—|$659,411|

| METROPOLITAN LIFE INSURANCE COMPANY|Other Service Provider|$608,533|—|$608,533|

| ALIGHT HOLDING COMPANY, LLC|Recordkeeper|$327,264|—|$327,264|

| HEXAWARE TECHNOLOGIES, INC.|Other Service Provider|$92,282|—|$92,282|

| WAGEWORKS|Other Service Provider|$52,500|—|$52,500|

| VELOCITY|Other Service Provider|$9,215|—|$9,215|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALIGHT HOLDING COMPANY, LLC](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,749,205

- **Estimated Expense Ratio:** 14.001% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$1,920,465|—|$1,754,355|—|—|

| 2023|$2,341,882|—|$2,159,612|—|—|

| 2022|$2,385,456|—|$2,184,379|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/general-electric-company-operating-as-ge-aerospace-140689340-502)

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