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: 552
- Total Participants: 18,269
- Total Assets: $49.6M
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 | 18,269 | $49.6M | $181.1M | $64.2M |
| 2023 | 22,109 | $55.5M | $223.8M | $79.0M |
| 2022 | 22,278 | $52.1M | $211.4M | $76.7M |
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 |
|---|---|---|---|---|
| CREDENCE | Other Service Provider | $2,117,088 | — | $2,117,088 |
| UNITEDHEALTHCARE SERVICES, INC. | Other Service Provider | $1,857,136 | — | $1,857,136 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $802,417 | — | $802,417 |
| UNITED BEHAVORIAL HEALTH DBA OPTUM | Other Service Provider | $783,904 | — | $783,904 |
| OPTUMHEALTHCARE SOLUTIONS INC | Other Service Provider | $670,469 | — | $670,469 |
| ALIGHT HOLDING COMPANY, LLC | Recordkeeper | $567,307 | — | $567,307 |
| WAGEWORKS, INC | Other Service Provider | $403,517 | — | $403,517 |
| HEXAWARE TECHNOLOGIES, INC. | Other Service Provider | $159,970 | — | $159,970 |
| WAGEWORKS | Other Service Provider | $91,008 | — | $91,008 |
| NEW LIFE SOLUTIONS, INC. | Other Service Provider | $80,992 | — | $80,992 |
| VELOCITY | Other Service Provider | $15,973 | — | $15,973 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT HOLDING COMPANY, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,549,781
- Estimated Expense Ratio: 15.219% 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 | $7,549,781 | — | $7,549,781 | — | — |
| 2023 | $8,944,203 | — | $8,944,203 | — | — |
| 2022 | $9,027,285 | — | $9,027,285 | — | — |