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

General Electric Company

80 Plan:

 
 
80
41
75
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (80) and the top rated plan (85) could equate to:
[How is this calculated?]
3 additional years of work
Up to $3,400 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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 Plan Component Ratings

 Comments

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 243,900 active participants and over $19.6B in plan assets.

 Retirement Plan Details

Address 3135 Easton Turnpike
Fairfield, CT 06828-0002 
Industry Manufacturing
Administrator Denise Faggella
Net Plan Assets $19,600,000,000
Total Participants 240,000
Avg Account Balance $81,000

 Compare Other Companies in Peer Group

The Boeing Co & Consolidated... 84.5
Lockheed Martin 82.3
Northrop Grumman 82.1
Raytheon Company 79.4
United Technologies 77.7
Hewlett-Packard Company 70.3

 Top 3 Funds in this 401k

1. General Electric Co. Common Stock 41%
2. GE S&S US Equity 13%
3. GE S&S Income 9%

  Plan Service Providers

Auditor KPMG, Llp
Recordkeeper Fidelity
Corporate Trustee Fidelity

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