86 employees reported this benefit
Good company match as one sum per year
50% matching for up to $5 of salary
ok management of RSP funds, though not many fund options. 401k in Fidelity, which has its pros and cons. The con being takes 5 days to move funds between each other.
GE’s 401K Plan is limited to funds within the plan administrator. Even though Fidelity Investments is the plan administrator, you are not allowed to allocate funds outside of the GE funds or broader market index.
I have been with the company long enough to have pension. However, even those who are newer say the contribution amounts are pretty poor. For me, GE contributes 50% of what I put into the 401k plan.
Match up to 8% of salary
GE Stock has been flat for many years. There is little management is doing to increase the value of the stock.
They match up to 8%
401K is managed through Fidelity Investments.
Great 401k match contribution.