Retirement plan
GE VERNOVA RETIREMENT SAVINGS PLAN
ROPCOR, INC.EIN 61-1399608Plan #004PY 2024
PO BOX 2236 - SCHENECTADY, NY 123015000800-354-6538
Other plans on this EIN
2 filingsProspect flagsHigh assets / participant
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MICHAEL J. GORMAN
Signed 10/14/2025
Plan administrator entity
GE VERNOVA INC.
EIN 922646542
1 RIVER ROAD · SCHENECTADY, NY 12345
(844) 623-2204Summary metrics
Total assets (EOY)
$8206.4M
No prior year
Total participants
33,134
No prior year
Average account balance
$250,524
No prior year
Annual return
0.00%
No prior year
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort98 peers
Snapshot2024
63
Participant deferral / active EE
$10,474
median $8,651
72
Employer contribution / active EE
$7,341
median $5,348
69
Participation rate
97.8%
median 96.5%
74
Avg account balance
$250,524
median $170,590
86
Admin fee / account holder
$6
median $62
0
Annual return
0.00%
median 15.21%
Overall peer rank
73of 100
73rd percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIIOC, LLC1+ years Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $193,808 |
Top hat statement on fileNQDC
Filed July 26, 2024 (most recent of 2 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
c/o Ropcor, Inc. 4200 Wildwood Parkway
Atlanta, GA 30339
Plans declared (3)
- GE Vernova Restoration Plan407 emp
- GE Vernova US Executive Severance Plan1,025 emp
- GE Vernova Annual Executive Incentive Plan for Deferred Compensation Accounts288 emp
Total covered: 1,720 employees
Plan features & details
Pension benefit codes2E2F2G2J2K2O2T2X3F3H2S
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Expense breakdown
Schedule H Part II
Admin total
$194K
$11 / participant
- Recordkeeping$194K100.0%
% of EOY assets
0.002%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- DELOITTE & TOUCHE LLP
- Auditor EIN
- 133891517
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified