# General Electric Company, Operating As Ge Aerospace Health & Welfare Plan
Source: https://planprovider.pro/companies/general-electric-company-operating-as-ge-aerospace-140689340-552

> General Electric Company, Operating As Ge Aerospace's Health & Welfare plan: 18,269 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:** 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](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:** $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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/general-electric-company-operating-as-ge-aerospace-140689340-552)

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