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Company:
General Electric Company
Plan:
GE Savings and Security Program
 

General Electric Company

81 Plan:

 
 
81
31
74
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (81) and the top rated plan (92) could equate to:
[How is this calculated?]
7 additional years of work
Up to $58,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

GE Savings and Security Program is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. GE Savings and Security Program currently has over 244,900 active participants and over $24.6B in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. General Electric Co. Common Stock 35%
2. Participant Loans 11%
3. GE S&S US Equity 11%

 Retirement Plan Details

Address 3135 Easton Turnpike
Fairfield, CT 06828-0001 
Industry Manufacturing
Administrator Denise Faggella
Net Plan Assets $24,600,000,000
Total Participants 240,000
Avg Account Balance $100,000

 Compare Other Companies in Peer Group

Exxon Mobil 87.2
Chevron 87.0
Northrop Grumman 83.8
Raytheon Company 83.2
Hewlett-Packard Company 80.6
United Technologies 80.0

  Plan Service Provider

Auditor Kpmg, LLP