Defined Benefit (Pension) · DOL Form 5500 · 2024

General Electric Company, Operating as GE Aerospace Pension Plan

Data updated 2026-08-25

$19.0B
Total assets Mega-plan scale
9,637
Participants Very large workforce
100th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: GE Aerospace Pension Plan · Sponsored by General Electric Company, Operating as GE Aerospace · Ohio · Manufacturing

$19.0B in assets, 9,637 participants

General Electric Company, Operating as GE Aerospace's GE Aerospace Pension Plan reported $19.0B in total assets and 9,637 participants in its 2024 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.

  • #17,760 in Manufacturing (17,777 peers)

Coverage in Ohio

GE Aerospace Pension Plan covers 9,637 participants in Ohio, 13x the typical Ohio plan (state average ~765 per filing). Assets: $19.0B.

#17,760
in Manufacturing (17,777 peers)
-6.1%
assets change YoY
191×
vs typical plan assets (national mean)

The plan reported a net loss of $1.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

GE Aerospace Pension Plan's outsized position by total assets

GE Aerospace Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$19,026,079,363 Highest reported value at or above every one of 123,620 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 2024

GE Aerospace Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. GE Aerospace Pension Plan lands in the large band (9,637 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • GE Aerospace Pension Plan reported net income rose from -$16.0B in the plan year 2022 filing to -$1.1B in the plan year 2024 filing.
  • GE Aerospace Pension Plan reported participants fell from 24,626 in the plan year 2022 filing to 9,637 in the plan year 2024 filing.
  • GE Aerospace Pension Plan end-of-year assets fell from $45.0B in the plan year 2022 filing to $19.0B in the plan year 2024 filing.

See the national 2022→2024 release diff →

Plan-year Form 5500 strip

Filing strip 140689340 · General Electric Company, Operating as GE Aerospace PY 2024 · Defined Benefit (Pension)

GE Aerospace Pension Plan · $19.0B · 9,637 · 100th

  • TYPE $19.0B
  • TYPE 9,637
  • TYPE 100th
  • TYPE Defined Benefit (Pension)
  • TYPE near The Bank of America Pension Plan
  • TYPE ind #17760

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 Aerospace Pension Plan in the asset neighbourhood

The Bank of America Pension PlanThe Bank of America Pension …$19.0BGE Aerospace Pension Plan$19.0BNorthrop Grumman Pension Plan$18.8BLockheed Martin Corporation Salaried Employee Retirement ProgramLockheed Martin Corporation …$18.3BIBM Personal Pension Plan$17.9B
End-of-year total assets ($B) among GE Aerospace Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$20.3B
Net Assets (End of Year)$19.0B
Net Income-$1.1B
Employer EIN140689340
Plan Effective Date1912-04-12
Filing StatusFILING RECEIVED

Sponsor Plan History (General Electric Company, Operating as GE Aerospace)

Sponsor-wide plan assets over time

All General Electric Company, Operating as GE Aerospace 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 Defined Benefit (Pension) Plans in Ohio

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

GE Aerospace Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 05101520 Total assets ($B) Participants GE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension PlanNationwide Retirement Plan - Final Average Pay, Total assets ($B): 3.459210026 · Participants: 5058Nationwide Retirement Plan - Final Average Pay
GE Aerospace Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare GE Aerospace Pension Plan side-by-side with 3 peers →

Scale composition for GE Aerospace Pension Plan

GE Aerospace Pension Plan reports $19.0B in end-of-year assets across 9,637 participants (0.15% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $2.0M per participant (14x the national average assets-per-participant) . Net income for plan year 2024 was -$1.1B.

This plan identity (EIN 140689340, plan #333) has 2 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $45.0B to $19.0B (-57.7%) while covered participants moved from 24,626 to 9,637 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 24,626 $45.0B Open filing
2024 · index core 9,637 $19.0B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

GE Aerospace Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is The Bank of America Pension Plan in RI ($19.0B); by covered participants it is Bp Retirement Accumulation Plan in TX (9,651 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,637 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did GE Aerospace Pension Plan assets move in 2024? ▼
GE Aerospace Pension Plan pulled back noticeably - down 6.1% during 2024, from $20.3B to $19.0B. Reported net income was -$1.1B.
How have General Electric Company, Operating as GE Aerospace plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Electric Company, Operating as GE Aerospace's sponsor-wide assets declined 51.6%, from $69.8B to $33.8B.
Where does GE Aerospace Pension Plan rank by assets among Form 5500 filers? ▼
GE Aerospace Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to GE Aerospace Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Bank of America Pension Plan in RI ($19.0B, 53,831 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to GE Aerospace Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bp Retirement Accumulation Plan in TX (9,651 participants, $5.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 140689340.

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.