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GE HEALTHCARE FLEXIBLE COMPENSATION PLAN 401k Plan overview

Plan NameGE HEALTHCARE FLEXIBLE COMPENSATION PLAN
Plan identification number 505

GE HEALTHCARE FLEXIBLE COMPENSATION PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

GE HEALTHCARE TECHNOLOGIES INC. has sponsored the creation of one or more 401k plans.

Company Name:GE HEALTHCARE TECHNOLOGIES INC.
Employer identification number (EIN):882515116
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GE HEALTHCARE FLEXIBLE COMPENSATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5052023-01-01

Plan Statistics for GE HEALTHCARE FLEXIBLE COMPENSATION PLAN

401k plan membership statisitcs for GE HEALTHCARE FLEXIBLE COMPENSATION PLAN

Measure Date Value
2023: GE HEALTHCARE FLEXIBLE COMPENSATION PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-013,470
Total number of active participants reported on line 7a of the Form 55002023-01-013,456
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-013,456

Financial Data on GE HEALTHCARE FLEXIBLE COMPENSATION PLAN

Measure Date Value
2023 : GE HEALTHCARE FLEXIBLE COMPENSATION PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$99,480
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$1,227,225
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$7,513,021
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$7,612,501
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$7,537,449
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$7,513,021
Value of total assets at end of year2023-12-31$1,227,225
Value of total assets at beginning of year2023-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$75,052
Total interest from all sources2023-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$20,000,000
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$7,437,969
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-12-31$1,144,209
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-99,480
Value of net assets at end of year (total assets less liabilities)2023-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in master investment trust accounts at end of year2023-12-31$1,201,941
Value of interest in master investment trust accounts at beginning of year2023-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$75,052
Employer contributions (assets) at end of year2023-12-31$25,284
Employer contributions (assets) at beginning of year2023-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$7,537,449
Contract administrator fees2023-12-31$75,052
Liabilities. Value of benefit claims payable at end of year2023-12-31$83,016
Liabilities. Value of benefit claims payable at beginning of year2023-12-31$0
Did the plan have assets held for investment2023-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31DELOITTE & TOUCHE LLP
Accountancy firm EIN2023-12-31133891517

Form 5500 Responses for GE HEALTHCARE FLEXIBLE COMPENSATION PLAN

2023: GE HEALTHCARE FLEXIBLE COMPENSATION PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01First time form 5500 has been submittedYes
2023-01-01Submission has been amendedYes
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement - TrustYes

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