Retirement plan

GE HEALTHCARE LEGACY AFFILIATES PENSION PLAN

GE HEALTHCARE TECHNOLOGIES INC.EIN 88-2515116Plan #004PY 2024
500 W. MONROE ST - CHICAGO, IL 60661224-239-0617
Prospect flagsHigh retiree %Low returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(224) 239-0617
Plan administrator signer
BRYAN FALATO
Signed 12/22/2025
Plan administrator entity
GE HEALTHCARE BENEFITS ADMINISTRATIVE COMMITTEE
EIN 882515116
500 W. MONROE ST · CHICAGO, IL 60611

Summary metrics

Total assets (EOY)
$659.5M
+8.2% from 2024
Total participants
10,569
+3.4% from 2024
Average account balance
$0
No prior year
Annual return
-0.33%
+958.51 pp from 2024

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants100-249
Cohort148 peers
Snapshot2024
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$12,736
median $9,319
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $33,520
Admin fee / account holder
$0
median $193
Annual return
-0.33%
median 6.99%
Overall peer rank
27th 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 6 by compensation
ProviderService typeCompensation
Service code 11 · EIN 36-2235791
Actuarial
$1,594,255
Service code 29
1700 PENNSYLVANIA AVENUE · WASHINGTON, DC 20006
Legal
$106,557
Service code 10 · EIN 13-3891517
Accounting
$102,500
Service code 10 · EIN 33-1498605
Accounting
$56,400
Service code 21 · EIN 41-1867445
Bank Trustee
$22,234
Service code 13 · EIN 65-0696806
Contract Administrator
$19,013

Enrolled actuary

1 attachment
SB

DAWN M. OCHOA

AON CONSULTING, INC.
Enrollment #2307557
MSC #17755, AON
PO BOX 551343
ATLANTA, GA 30355
(847) 442-0737
Signed 2025-09-09

Top hat statement on fileNQDC

Filed January 7, 2025 (most recent of 5 filings on file)

Plans declared (1)

  • GE HealthCare Nonqualified Transition Credit Plan6 emp

Plan features & details

Pension benefit codes1A1C1I3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$8.3M
$39275 / participant
  • Trustee / custodial$22K0.3%
  • Legal$107K1.3%
  • Actuarial$2M19.1%
  • Contract admin$19K0.2%
  • Other / not subdivided$7M79.1%
% of EOY assets
1.263%
all-in expense ratio
Categories reported
4 / 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
$158,900
Opinion code
Unqualified