BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

General Electric Company, Operating As GE Aerospace

Updated Filing received by DOL

General Electric Company, Operating As GE Aerospace, a manufacturing — metal, equipment, transportation employer in Evendale, Ohio, reported 140,307 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $110M in insurance premiums across 10 contracts and $45,555 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 13, 2025, within the extension window.

Participants
140,307
−1.1% vs 2023
Premiums filed
$110M
−27.9% vs 2023
Broker commissions + fees
$45,555
−1.7% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on General Electric Company, Operating As GE Aerospace's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract General Electric Company, Operating As GE Aerospace filed for 2024.

Broker or agentCommissionsFeesTotalContracts
American Benefits & Compensation SY · New York, NY$35,514$10,041$45,5551

Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.

Insurance contracts and carriers

Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.

Carrier · coverageCoveredPremiumBroker payRate
Metropolitan Life Insurance Companylife94,933$110M——
Hawaii Medical Services AssociationHMO48———
Ace American Insurance Companyhealth32———
Metlife Legal Planscoverage not coded1,195—$45,555—
Hawaii Medical Services AssociationHMO2———
Ace American Insurance Companyhealth39,810———
Ace American Insurance Companyhealth23,812———
Aetna Internationalhealth, dental, vision19———
Ace American Insurance Companyhealth28,214———
Ace American Insurance Companyhealth18,269———

Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.

How General Electric Company, Operating As GE Aerospace compares

Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.

Broker commissions + fees, dollars
General Electric Company, Operating As GE Aerospace
$45,555
Commission rate, % of medical premium

Not computable: no insured medical premium on the filing.

Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.

Year over year

$153M$110MPremiums$46,344$45,555Broker pay20232024
General Electric Company, Operating As GE Aerospace: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants141,922140,307−1.1%
Premiums filed$152,894,048$110,189,296−27.9%
Broker commissions + fees$46,344$45,555−1.7%
Commission rate———

Source: DOL Form 5500 filings for plan years 2023 and 2024.

Filings and timeliness

Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.

PlanPlan year endReceived by DOLTimingParticipants
GE Life, Disability and Medical Plan#502 · insurance, general assets, trustDecember 31, 2024October 13, 2025within extension140,307
GE Retiree Medical Plan#555 · insurance, general assets, trustDecember 31, 2024October 13, 2025within extension95,689
GE Global Health Plan#543 · insurance, general assetsDecember 31, 2024October 13, 2025within extension85,797
GE Health Choice for Employees Plan#551 · insurance, general assets, trustDecember 31, 2024October 13, 2025within extension40,206
GE Health Benefits for Production Employees#552 · insurance, general assets, trustDecember 31, 2024October 13, 2025within extension22,109
GE Health Benefits for Production Retirees Plan#554 · trustDecember 31, 2024October 13, 2025within extension4,512
GE Health Choice for Retirees Plan#553 · trustDecember 31, 2024October 13, 2025within extension3,499

Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.

How much did General Electric Company, Operating As GE Aerospace pay in health insurance broker commissions in 2024?

General Electric Company, Operating As GE Aerospace's 2024 Form 5500 reports $45,555 in broker commissions and fees across 10 insurance contracts ($35,514 in commissions, $10,041 in fees), with American Benefits & Compensation SY receiving the largest share.

Is General Electric Company, Operating As GE Aerospace's health plan self-funded or fully insured?

The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Ace American Insurance Company, Aetna International.

How does General Electric Company, Operating As GE Aerospace's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for General Electric Company, Operating As GE Aerospace because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.

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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.