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: 554
- Total Participants: 0
- Total Assets: $6.7M
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 | $6.7M | $48.7M | $9.0M |
| 2023 | 0 | $9.5M | $0 | $77.4M |
| 2022 | 0 | $9.5M | $81.5M | $17.4M |
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 |
|---|---|---|---|---|
| CREDENCE | Other Service Provider | $391,652 | — | $391,652 |
| UNITED HEALTHCARE SERVICES, INC | Other Service Provider | $279,955 | — | $279,955 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $201,299 | — | $201,299 |
| OPTUMHEALTHCARE SOLUTIONS INC | Other Service Provider | $133,035 | — | $133,035 |
| ALIGHT HOLDING COMPANY, LLC | Recordkeeper | $131,405 | — | $131,405 |
| WAGEWORKS, INC. | Other Service Provider | $108,701 | — | $108,701 |
| UNITED BEHAVORIAL HEALTH DBA OPTUM | Other Service Provider | $77,590 | — | $77,590 |
| HEXAWARE TECHNOLOGIES, INC. | Other Service Provider | $37,054 | — | $37,054 |
| WAGEWORKS | Other Service Provider | $21,080 | — | $21,080 |
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: $1,381,771
- Estimated Expense Ratio: 20.568% 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 | $1,385,470 | — | $1,385,470 | — | — |
| 2023 | $2,425,609 | — | $2,425,609 | — | — |
| 2022 | $2,744,238 | — | $2,744,238 | — | — |