Plan Ledger DOL Form 5500 · updated monthly

General Electric Company401(k) + ESOP (KSOP)

GE RETIREMENT SAVINGS PLAN · EVENDALE, OH · plan year 2022

Reported admin expense ratio · 2022
0.01%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

General Electric Company reported $2,225,916 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,187 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.008% to 0.006%. The plan sits in the over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other manufacturing employers. By assets it is the 1st-largest of 3,295 plans among Ohio employers on file, and the 7th of 13,661 in manufacturing. In 2022, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,773,548,754
Participants with balances161,518
Active participants59,766
Employer contributions$429,542,042
Employee contributions$620,161,737
Employer contribution per active participant$7,187
Average account balance$153,379
Benefits paid to participants$2,258,926,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7B · 68,450 accts · $250.3M emplr
2023$19.5B · 104,182 accts · $281.0M emplr
2022$24.8B · 161,518 accts · $429.5M emplr
The General Electric Company 401(k) match · 2022
Employer contribution per active participant$7,187
Median for plans this size$4,897
2024$8,582 per active participant
2023$6,159 per active participant
2022$7,187 per active participant

General Electric Company's 2022 employer contribution ran above the $4,897 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$1,068,216 · 0.01%
2023$1,477,454 · 0.01%
2022$2,225,916 · 0.01%
Same employer
Similar plansManufacturing · Ohio
Lockheed Martin Corporation MD$51.4B · 0.01%
Cisco Systems,Inc. CA$26.4B · 0.03%
Intel Corporation CA$24.8B · 0.00%
Apple Inc. CA$24.7B · 0.03%
Johnson and Johnson NJ$23.6B · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 140689340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.