Defined Benefit (Pension) · DOL Form 5500 · 2023

GE Steam Power, Inc. Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
N/A
Participants Small participant base
87th
Percentile by assets National rank
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Official DOL plan name: Pension Plan for Hourly Employees of Alstom Power Inc · Sponsored by GE Steam Power, Inc. · Georgia · Manufacturing

$56M in assets, N/A participants

GE Steam Power, Inc.'s Pension Plan for Hourly Employees of Alstom Power Inc reported $56M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,077 in Manufacturing (18,722 peers)

Where Pension Plan for Hourly Employees of Alstom Power Inc sits by assets

Pension Plan for Hourly Employees of Alstom Power Inc sits in the top quartile of all filed plans by assets, $56M for N/A participants, down 5.4% in 2023.

#15,077
in Manufacturing (18,722 peers)
-5.4%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Hourly Employees of Alstom Power Inc's outsized position by total assets

Pension Plan for Hourly Employees of Alstom Power Inc vs every filed plan by assets

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

$55,671,674 Top 13% higher than 87% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Hourly Employees of Alstom Power Inc reported net income rose from -$24M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Pension Plan for Hourly Employees of Alstom Power Inc end-of-year assets fell from $59M in the plan year 2022 filing to $56M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061553604 · GE Steam Power, Inc. PY 2023 · Defined Benefit (Pension)

Pension Plan for Hourly Employees of Alstom Power Inc · $56M · N/A · 87th

  • NET $56M
  • NET N/A
  • NET 87th
  • NET Defined Benefit (Pension)
  • NET near The Spirax Sarco, Inc. Pension Plan
  • NET ind #15077

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 Georgia →

Pension Plan for Hourly Employees of Alstom Power Inc in the asset neighbourhood

Northwestern Energy Sd/Ne Pension PlanNorthwestern Energy Sd/Ne Pe…$56MPension Plan for Hourly Employees of Alstom Power IncPension Plan for Hourly Empl…$56MThe Spirax Sarco, Inc. Pension PlanThe Spirax Sarco, Inc. Pensi…$56MCommonwealth Credit Union Pension PlanCommonwealth Credit Union Pe…$56MThe Musical Arts Association Retirement PlanThe Musical Arts Association…$56M
End-of-year total assets ($M) among Pension Plan for Hourly Employees of Alstom Power Inc and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$56M
Net Income-$3M
Employer EIN061553604
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GE Steam Power, Inc.)

Sponsor-wide plan assets over time

All GE Steam Power, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 90.21944895001232% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $64.7M $6.33M ▼ -90.2%
Year Plans Participants Total Assets
2022 2 3 $65M
2023 2 3 $62M
2024 2 3 $6M

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for Hourly Employees of Alstom Power Inc vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Pension Plan for Hourly Employees of Alstom Power Inc, Total assets ($B): 0.055671674 · Participants: 0Pension Plan for Hourly Employees of Alstom Power IncThe Southern Company Pension Plan, Total assets ($B): 15.596954837 · Participants: 25241The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.285105757 · Participants: 70241UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.733665646 · Participants: 153217UPS Pension PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.396009274 · Participants: 24023Cox Enterprises, Inc. Pension PlanDelta Retirement Plan, Total assets ($B): 7.309889555 · Participants: 15601Delta Retirement Plan
Pension Plan for Hourly Employees of Alstom Power Inc vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Pension Plan for Hourly Employees of Alstom Power Inc side-by-side with 3 peers →

Pension Plan for Hourly Employees of Alstom Power Inc's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Georgia, the nearest Defined Benefit (Pension) by end-of-year assets is The Spirax Sarco, Inc. Pension Plan in SC at $56M (this filing: $56M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($56M here).

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 Pension Plan for Hourly Employees of Alstom Power Inc assets move in 2023? ▼
Pension Plan for Hourly Employees of Alstom Power Inc pulled back noticeably - down 5.4% during 2023, from $59M to $56M. Reported net income was -$3M.
How have GE Steam Power, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), GE Steam Power, Inc.'s sponsor-wide assets declined 90.2%, from $65M to $6M.
Where does Pension Plan for Hourly Employees of Alstom Power Inc rank by assets among Form 5500 filers? ▼
Pension Plan for Hourly Employees of Alstom Power Inc ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Hourly Employees of Alstom Power Inc? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Spirax Sarco, Inc. Pension Plan in SC ($56M, 208 participants).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061553604.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.