Defined Benefit (Pension) · DOL Form 5500 · 2024

Components Pension Plan for Puerto Rico

Data updated 2026-05-15

$163M
Total assets
85
Participants
93rd
Percentile by assets
$1.9M
Avg per participant

Sponsored by GE Industrial of Pr LLC · Puerto Rico · Manufacturing

What the 2024 filing shows

Components Pension Plan for Puerto Rico holds $163M for 85 participants - about $1.9M per participant, in the top 10% of all filed plans by assets, down 8.0% over the 2024 plan year.

$163M
total plan assets (2024 EOY)
85
covered participants
93rd
percentile by assets (of 116,472 plans)
$1.9M
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

Defined Benefit (Pension) · DOL Form 5500 · 2024

What the Filing Says About Components Pension Plan for Puerto Rico

Components Pension Plan for Puerto Rico is a Defined Benefit (Pension) retirement plan sponsored by GE Industrial of Pr LLC, headquartered in Puerto Rico. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $163M in total end-of-year assets and covers 85 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 660685559, and the plan has been effective since 1978-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $177M at the beginning of 2024 to $163M at year-end - down 8.0%. Net assets (after liabilities) closed the year at $163M, with reported net income of -$14M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years GE Industrial of Pr LLC has on file with PlainRetire (2023-2024), sponsor-wide plan assets have moved from $197M to $185M, a decline of 5.7%, while reported participants moved from 192 to 196 (+2.1%). Year-by-year, sponsor-wide filings show: 2023 - $197M in assets across 2 plans covering 192 participants; 2024 - $185M in assets across 2 plans covering 196 participants.

By assets, Components Pension Plan for Puerto Rico outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Components Pension Plan for Puerto Rico against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$177M
Total Assets (End of Year)$163M
Net Assets (End of Year)$163M
Net Income-$14M
Plan TypeDefined Benefit (Pension)
Employer EIN660685559
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GE Industrial of Pr LLC)

$180M$185M$190M$195M$200M 20232024 $197M $185M ▼ -5.7%
Total plan assets by year, all GE Industrial of Pr LLC 401(k) plans on file
Year Plans Participants Total Assets
2023 2 192 $197M
2024 2 196 $185M

Nearby Defined Benefit (Pension) Plans in Puerto Rico

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

Frequently Asked Questions

How much money is in the Components Pension Plan for Puerto Rico?
As of the 2024 Form 5500 filing, Components Pension Plan for Puerto Rico holds $163M in total assets with 85 participants. It is sponsored by GE Industrial of Pr LLC.
What type of plan is Components Pension Plan for Puerto Rico?
Components Pension Plan for Puerto Rico is a Defined Benefit (Pension) plan. It has been effective since 1978-01-01. The plan is filed with the U.S. Department of Labor under EIN 660685559.
Who sponsors the Components Pension Plan for Puerto Rico?
Components Pension Plan for Puerto Rico is sponsored by GE Industrial of Pr LLC, located in Puerto Rico. The sponsor's EIN is 660685559 and the plan operates in the Manufacturing industry.
How did Components Pension Plan for Puerto Rico perform in 2024?
Components Pension Plan for Puerto Rico pulled back noticeably - down 8.0% during 2024, moving from $177M to $163M in total assets. Net income was -$14M.

What this filing means

Ways to act on Components Pension Plan for Puerto Rico's numbers.

  • By total assets, Components Pension Plan for Puerto Rico ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Puerto Rico. Compare plans
  • GE Industrial of Pr LLC's sponsor-wide assets have declined 5.7% since 2023 across 2 plan years on file. More Manufacturing plans
  • A Defined Benefit (Pension) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 660685559.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.