Ge Health Choice For Employees Plan — Form 5500 plan (General Electric Company, Now Operating As Ge Aerospace)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ge Health Choice For Employees Plan is a benefit plan reported by General Electric Company, Now Operating As Ge Aerospace under EIN 14-0689340 and plan number 551. The latest loaded filing year is 2023. The filing reports 37,932 participants and $87,423,875 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
General Electric Company, Now Operating As Ge Aerospace
EIN
14-0689340
Plan number
551
Plan type
3
Location
Evendale, OH
Latest filing year
2023
Participants
37,932
End-of-year plan assets
$87,423,875

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202337,932H, C20241014150100NAL0015160259001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$87,423,875
Total liabilities (EOY)
$73,610,310
Net assets (EOY)
$13,813,565
Net assets (BOY)
$8,711,387

Income & contributions

Employer contributions
$275,793,733
Participant contributions
$165,682,888
Total contributions
$441,476,621
Total income / additions
$441,613,481

Expenses & distributions

Benefits paid
$421,507,586
Administrative expenses
$15,003,717
Total expenses
$436,511,303
Net increase / (decrease)
$5,102,178

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Unitedhealthcare Services, Inc.NONE$5,525,601not reported in the loaded dataset2023
Blue Cross Blue Shield Of AlabamaNONE$3,419,557not reported in the loaded dataset2023
Optumhealthcare Soltuions Inc.NONE$1,623,990not reported in the loaded dataset2023
Aetna Life Insurance CompanyNONE$1,491,920not reported in the loaded dataset2023
United Behavorial Health Dba OptumNONE$1,266,793not reported in the loaded dataset2023
Alight Holding Company, LLCNONE$927,502not reported in the loaded dataset2023
New Life Solutions Inc.NONE$197,902not reported in the loaded dataset2023
Hexaware Technologies, Inc.NONE$189,955not reported in the loaded dataset2023
Wageworks, IncNONE$161,198not reported in the loaded dataset2023
WageworksNONE$151,728not reported in the loaded dataset2023
VelocityNONE$47,570not reported in the loaded dataset2023

Related Form 5500 pages