Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART V, LINE 4B-STATEMENTS REGARDING OTHER IRS FILINGS AND TAX COMPLIANCE | AUTHORITY OVER A FINANCIAL ACCOUNT IN A FOREIGN COUNTRY GENERAL ELECTRIC INSURANCE PLAN TRUST HAS AUTHORITY OVER FINANCIAL ACCOUNTS IN THE FOLLOWING COUNTRIES: ARGENTINA AUSTRALIA AUSTRIA BELGIUM BRAZIL CANADA DENMARK EGYPT ESTONIA FINLAND FRANCE GERMANY GREECE HONG KONG INDIA INDONESIA IRELAND ISRAEL ITALY JAPAN MALAYSIA MEXICO NETHERLANDS NEW ZEALAND NORWAY PORTUGAL SINGAPORE SOUTH AFRICA SOUTH KOREA SPAIN SWEDEN SWITZERLAND TAIWAN THAILAND TURKEY UNITED KINGDOM |
| PART VI, SECTION A, IN GENERAL-GOVERNING BODY AND MANAGEMENT | GE INSURANCE PLAN TRUST ("GEIPT") IS A VOLUNTARY EMPLOYEES' BENEFICIARIES ASSOCIATION EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(9). GEIPT FORMS PART OF FOUR HEALTH AND WELFARE PLANS SPONSORED BY GENERAL ELECTRIC COMPANY ("GE"). EACH OF THE FOUR PLANS INVESTS THEIR RESPECTIVE ASSETS IN GEIPT. THE TRUSTEES OF GEIPT ARE OFFICERS OF GE ASSET MANAGEMENT INCORPORATED ("GEAM"), A WHOLLY-OWNED SUBSIDIARY OF GE. GEAM WAS APPOINTED INVESTMENT ADVISER BY GEIPT AND MANAGES THE ASSETS ACCORDINGLY. |
| PART VI, SECTION B, LINE 11-GOVERNING BODY AND MANAGEMENT | EACH OF THE FOUR HEALTH AND WELFARE PLANS REFERENCED PREVIOUSLY ARE AUDITED BY INDEPENDENT AUDITORS (KPMG) ANNUALLY. AS PART OF EACH PLANS' AUDIT, GEIPT'S FINANCIAL POSITION IS AUDITED, HOWEVER, AN AUDIT OPINION IS NOT SEPARATELY ISSUED. THE SUPPORTING INFORMATION REQUIRED TO TIMELY AND ACCURATELY COMPLETE SUCH AUDIT IS CONCURRENTLY FURNISHED TO GEIPT'S PAID PREPARER, PRICEWATERHOUSECOOPERS LLP ("PWC"). FORM 990, AS PREPARED BY PWC, IS FURNISHED TO THE GEAM TAX DEPARTMENT FOR FINAL REVIEW. THE GEAM TAX DEPARTMENT REVIEWS FORM 990 AS PREPARED BY PWC FOR ACCURACY. UPON APPROVAL, THE GEAM TAX DEPARTMENT REVIEWS FORM 990 (AND FORM 990-T, IF REQUIRED) WITH GEAM'S CHIEF FINANCIAL OFFICER ("CFO") PRIOR TO SIGNATURE AND FILING. THE CFO SERVES AS TRUSTEE TO GEIPT AND IS DESIGNATED WITH FINANCIAL AND TAX REPORTING RESPONSIBILITY WITH RESPECT TO GEIPT. |
| PART VI, SECTION B, LINES 12, 13 & 14 - GOVERNING BODY AND MANAGEMENT | GEAM IS A REGISTERED INVESTMENT ADVISER UNDER THE INVESTMENT ADVISERS ACT OF 1940, AS AMENDED AND PROVIDES INVESTMENT MANAGEMENT SERVICES TO GEIPT. GEAM HAS ADOPTED POLICIES THAT EXTEND TO GEIPT COVERING, BUT NOT LIMITED TO, CONFLICTS OF INTEREST, INTEGRITY CONCERNS AND DOCUMENT RETENTION AND DESTRUCTION. SUCH POLICIES ARE ADMINISTERED BY GEAM'S COMPLIANCE DEPARTMENT. ALL EMPLOYEES OF GEIPT'S SPONSOR COMPANY ARE REQUIRED TO COMPLY WITH SUCH POLICIES AND MUST CONFIRM, NO LESS THAN QUARTERLY, COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY. |
| PART VI, SECTION B, LINE 15 - POLICIES | GEIPT DOES NOT HAVE EMPLOYEES. |
| PART VI, SECTION C, LINE 19 - DISCLOSURE | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| PART VII, SECTION A - AVERAGE HOURS PER WEEK | IN TOTAL, IT IS ESTIMATED THAT EACH BOARD MEMBER SPENDS LESS THAN ONE HOUR PER WEEK ON THE ACTIVITIES OF THIS ORGANIZATION. |
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