# General Electric Company, Operating As Ge Aerospace Health & Welfare Plan
Source: https://planprovider.pro/companies/general-electric-company-operating-as-ge-aerospace-140689340-553

> General Electric Company, Operating As Ge Aerospace's Health & Welfare plan: 0 participants, plan year 2024 financials, providers, and benchmarks from Form 5…

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:** 553

- **Total Participants:** 0

- **Total Assets:** $5.2M

## 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|0|$5.2M|$25.3M|$14.7M|

| 2023|0|$7.1M|$36.7M|$23.1M|

| 2022|0|$8.1M|$50.6M|$26.1M|

## 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|

| UNITEDHEALTHCARE SERVICES, INC.|Other Service Provider|$355,134|—|$355,134|

| CREDENCE|Other Service Provider|$250,751|—|$250,751|

| OPTUMHEALTHCARE SOLUTIONS INC|Other Service Provider|$115,155|—|$115,155|

| AETNA LIFE INSURANCE COMPANY|Other Service Provider|$95,278|—|$95,278|

| ALIGHT HOLDING COMPANY, LLC|Recordkeeper|$91,724|—|$91,724|

| UNITED BEHAVORIAL HEALTH DBA OPTUM|Other Service Provider|$61,603|—|$61,603|

| HEXAWARE TECHNOLOGIES, INC.|Other Service Provider|$25,864|—|$25,864|

| WAGEWORKS|Other Service Provider|$14,714|—|$14,714|

### 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:** $1,010,223

- **Estimated Expense Ratio:** 19.290% 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|$1,012,807|—|$1,012,807|—|—|

| 2023|$1,731,102|—|$1,731,102|—|—|

| 2022|$2,192,978|—|$2,192,978|—|—|

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