General Electric Company
80
Plan:
80
18
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (80) and the top rated plan (86) could equate to:
[How is this calculated?]
3 additional years of work
Up to $73,400 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.
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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 80. 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 247,800 active participants and over $19.5B in plan assets.
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