401(k) · DOL Form 5500 · 2023

General Electric Company 401(k) Plan

Data updated 2026-08-25

$19.5B
Total assets Mega-plan scale
59,766
Participants Very large workforce
100th
Percentile by assets National rank
$326,029
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: GE Retirement Savings Plan · Sponsored by General Electric Company · Ohio · Manufacturing

$19.5B in assets, 59,766 participants

General Electric Company's GE Retirement Savings Plan reported $19.5B in total assets and 59,766 participants in its 2023 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,707 in Manufacturing (18,722 peers)

Coverage in Ohio

GE Retirement Savings Plan covers 59,766 participants in Ohio, 78x the typical Ohio plan (state average ~765 per filing). Assets: $19.5B.

#18,707
in Manufacturing (18,722 peers)
-21.4%
assets change YoY
196×
vs typical plan assets (national mean)

GE Retirement Savings Plan's outsized position by total assets

GE Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,485,469,047 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

GE Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. GE Retirement Savings Plan is a mega filing (59,766 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • GE Retirement Savings Plan reported net income rose from -$5.5B in the plan year 2022 filing to $3.2B in the plan year 2023 filing.
  • GE Retirement Savings Plan end-of-year assets fell from $24.8B in the plan year 2022 filing to $19.5B in the plan year 2023 filing.
  • GE Retirement Savings Plan reported participants rose from 57,522 in the plan year 2022 filing to 59,766 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 140689340 · General Electric Company PY 2023 · 401(k)

GE Retirement Savings Plan · $19.5B · 59,766 · 100th

  • PCT $19.5B
  • PCT 59,766
  • PCT 100th
  • PCT 401(k)
  • PCT near Pfizer Savings Plan
  • PCT ind #18707

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Ohio →

GE Retirement Savings Plan in the asset neighbourhood

Apple 401(k) Plan$19.8BKaiser Permanente 401(k) Retirement PlanKaiser Permanente 401(k) Ret…$19.7BPfizer Savings Plan$19.6BGE Retirement Savings Plan$19.5BMorgan Stanley 401(k) Plan$19.2B
End-of-year total assets ($B) among GE Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$24.8B
Net Assets (End of Year)$19.5B
Net Income$3.2B
Employer EIN140689340
Plan Effective Date1958-11-28
Filing StatusFILING RECEIVED

Sponsor Plan History (General Electric Company)

Sponsor-wide plan assets over time

All General Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$33.8B 51.625413484145454% vs 2022
2024 filing year
$0B$20B$40B$60B$80B 202220232024 $69.8B $33.8B ▼ -51.6%
Year Plans Participants Total Assets
2022 2 82,148 $69.8B
2023 1 59,766 $19.5B
2024 2 55,257 $33.8B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

GE Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 510152025 Total assets ($B) Participants GE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 7.514568027 · Participants: 17818Marathon Petroleum Thrift Plan
GE Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for GE Retirement Savings Plan

GE Retirement Savings Plan reports $19.5B in end-of-year assets across 59,766 participants (0.16% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.064% of 93,925,755 covered participants) - about $326,029 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2023 was $3.2B.

This plan identity (EIN 140689340, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $24.8B to $14.7B (-40.5%) while covered participants moved from 57,522 to 45,620 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 57,522 $24.8B Open filing
2023 59,766 $19.5B This page
2024 · index core 45,620 $14.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

GE Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Pfizer Savings Plan in NY ($19.6B); by covered participants it is Intel 401(k) Savings Plan in CA (59,863 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (59,766 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did GE Retirement Savings Plan assets move in 2023?
GE Retirement Savings Plan declined sharply - down 21.4% during 2023, from $24.8B to $19.5B. Reported net income was $3.2B.
How have General Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), General Electric Company's sponsor-wide assets declined 51.6%, from $69.8B to $33.8B.
Where does GE Retirement Savings Plan rank by assets among Form 5500 filers?
GE Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to GE Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Pfizer Savings Plan in NY ($19.6B, 30,033 participants).
Which 401(k) plans cover a similar participant headcount to GE Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Intel 401(k) Savings Plan in CA (59,863 participants, $22.2B in assets).