Plan Snapshot
- Plan Sponsor: General Electric Company, Operating As Ge Aerospace
- Sponsor EIN: 140689340
- Sponsor Address: 1 NEUMANN WAY, EVENDALE, OH, 45215
- Plan Type: DB
- Total Participants: 8,887
- Total Assets: $19.0B
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 | 8,887 | $19.0B | $0 | $7.1M |
| 2023 | 9,637 | $20.3B | $0 | $6.9M |
| 2022 | 22,618 | $45.0B | $0 | $14.1M |
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 |
|---|---|---|---|---|
| GENERAL ELECTRIC COMPANY | Other Service Provider | $472,107 | — | $472,107 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Recordkeeper | $470,880 | — | $470,880 |
| BERWYN GROUP | Other Service Provider | $330,851 | — | $330,851 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $281,800 | — | $281,800 |
| BANK OF AMERICA, N.A. | Other Service Provider | $250,564 | — | $250,564 |
| CANON BUSINESS PROCESS SVCS, INC | Other Service Provider | $250,468 | — | $250,468 |
| DELOITTE & TOUCHE LLP | Auditor | $167,296 | — | $167,296 |
| DATAMATICS GLOBAL SERVICES, INC. | Other Service Provider | $143,943 | — | $143,943 |
| VELOCITY PRINT SOLUTIONS | Other Service Provider | $102,644 | — | $102,644 |
| TELUS HEALTH (US) LTD. | Other Service Provider | $48,670 | — | $48,670 |
| CURCIO WEBB, LLC. | Other Service Provider | $16,800 | — | $16,800 |
| ATESSA BENEFITS | Other Service Provider | $6,601 | — | $6,601 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL SOLUTIONS, LLC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,542,624
- Estimated Expense Ratio: 0.013% 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 | $96,970,619 | — | $470,880 | $167,296 | — |
| 2023 | $95,632,732 | — | $615,013 | $48,319 | — |
| 2022 | $198,192,404 | — | $2,386,602 | — | $1,227,267 |