2023 Form 5500 filing — Ge Health Choice For Employees Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014150100NAL0015160259001) for Ge Health Choice For Employees Plan, reported by General Electric Company, Now Operating As Ge Aerospace under EIN 14-0689340 and plan number 551. It reports 37,932 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241014150100NAL0015160259001
Filing year
2023
Form type
3
Plan sponsor
General Electric Company, Now Operating As Ge Aerospace
EIN
14-0689340
Plan number
551
Location
Evendale, OH
Participants
37,932
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$87,423,875
Total liabilities (EOY)
$73,610,310
Net assets (EOY)
$13,813,565
Employer contributions
$275,793,733
Participant contributions
$165,682,888
Total income / additions
$441,613,481
Benefits paid
$421,507,586
Administrative expenses
$15,003,717
Total expenses
$436,511,303
Net increase / (decrease)
$5,102,178
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Unitedhealthcare Services, Inc.NONE$5,525,601not reported in the loaded dataset
Blue Cross Blue Shield Of AlabamaNONE$3,419,557not reported in the loaded dataset
Optumhealthcare Soltuions Inc.NONE$1,623,990not reported in the loaded dataset
Aetna Life Insurance CompanyNONE$1,491,920not reported in the loaded dataset
United Behavorial Health Dba OptumNONE$1,266,793not reported in the loaded dataset
Alight Holding Company, LLCNONE$927,502not reported in the loaded dataset
New Life Solutions Inc.NONE$197,902not reported in the loaded dataset
Hexaware Technologies, Inc.NONE$189,955not reported in the loaded dataset
Wageworks, IncNONE$161,198not reported in the loaded dataset
WageworksNONE$151,728not reported in the loaded dataset
VelocityNONE$47,570not reported in the loaded dataset

Related Form 5500 pages