General Electric Company, Operating as GE Aerospace

Evendale, OH ManufacturingNAICS 335900

Self-funded health planPlan year 2025Renews January
55,501ParticipantsFirst year on file
$131.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 147Manufacturing in OHBy participants

Overview

General Electric Company, Operating as GE Aerospace sponsors a self-funded health plan that covered 55,501 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
55,501
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
GE Aerospace Retiree Medical Plan, plan 555 (55,501 participants); GE Aerospace Health Benefits for Production Retirees Plan, plan 554 (2,603 participants); GE Aerospace Health Choice for Retirees Plan, plan 553 (2,046 participants)
Broker compensation
$441K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Accidental Death and Dismemberment, Long-term disability67,092$107.8M$401K
Ace American Insurance CompanyMedical16,440$373K—
MetLife Legal PlansLegal1,672$301K$39K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$131.6M/ year

Estimated prescription spend: 55,501 participants × $2,371 national average per member. Usually higher once dependents are counted.

$3.4M–$8.4M/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$1.0M–$2.5M
Lower-cost therapeutic alternatives$1.5M–$3.1M
Generic pricing vs. actual cost$632K–$1.9M
PBM contract terms$329K–$987K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
General Electric Company, Operating as GE Aerospace
Sponsor EIN
14-0689340
Plan numbers
555, 554, 553
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 14-0689340 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
GE Aerospace Pension Plan
Type
Pension plan
Participants
118,868

About this data

Source: General Electric Company, Operating as GE Aerospace's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with General Electric Company, Operating as GE Aerospace.

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