Edgar Filing: GENERAL ELECTRIC CO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 11-K

Annual Report Pursuant to Section 15(d) of the

Securities Exchange Act of 1934

(Mark One)

☑ Annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934 (No Fee Required)

For the fiscal year ended December 31, 2015

☐ Transition report pursuant to Section 15(d) of the Securities Exchange Act of 1934 (No Fee Required)

For the transition period from ___to ___

Commission file number 001-00035

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

GE RETIREMENT SAVINGS PLAN

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

General Electric Company

3135 Easton Turnpike

Fairfield, Connecticut 06828-0001

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GE RETIREMENT SAVINGS PLAN

Financial Statements and Supplemental Schedule

December 31, 2015 and 2014

(With Report of Independent Registered Public Accounting Firm Thereon)

Table of Contents

		Page Number(s)

Report of Independent Registered Public Accounting Firm		3
Financial Statements: Statements of Net Assets Available for Plan Benefits as of December 31, 2015 and 2014		4
Statements of Changes in Net Assets Available for Plan Benefits for the Years Ended December 31, 2015 and 2014		5

Notes to Financial Statements		6 - 18

Supplemental Schedule:⁽ⁱ⁾
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2015		19 - 24

Exhibits:
23 Consent of Independent Registered Public Accounting Firm

⁽ⁱ⁾ Schedules required by Form 5500 that are not applicable have not been included.

Report of Independent Registered Public Accounting Firm

General Electric Company, as Administrator
GE Retirement Savings Plan:

We have audited the accompanying statements of net assets available for plan benefits of the GE Retirement Savings Plan (the Plan) as of December 31, 2015 and 2014, and the related statements of changes in net assets available for plan benefits for each of the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 2015 and 2014, and the changes in net assets available for plan benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.

The supplemental information in the accompanying schedule H, line 4i – schedule of assets (held at end of year) as of December 31, 2015, has been subjected to audit procedures performed in conjunction with the audit of the Plan's 2015 financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but include supplemental information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information in the accompanying schedule H, line 4i – schedule of assets (held at end of year) as of December 31, 2015, is fairly stated in all material respects in relation to the 2015 financial statements as a whole.

/s/KPMG LLP

Albany, New York
June 15, 2016

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GE RETIREMENT SAVINGS PLAN

Statements of Net Assets Available for Plan Benefits

December 31, 2015 and 2014

(in thousands)


	2015		2014
Assets:

Investments at fair value (notes 3 and 4)	$	28,156,362	$	26,517,822
Notes receivable from participants		435,736		434,171
Employer contribution receivable		7,549		3,432
Accrued dividends and interest		84,221		89,517
Other assets		32,669		54,343
Total assets		28,716,537		27,099,285


Liabilities:

Other liabilities		63,165		49,266
Total liabilities		63,165		49,266

Net assets available for plan benefits	$	28,653,372	$	27,050,019

See accompanying notes to financial statements.

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GE RETIREMENT SAVINGS PLAN

Statements of Changes in Net Assets Available for Plan Benefits

Years Ended December 31, 2015 and 2014

(in thousands)

	2015		2014
Additions to net assets attributed to:
Investment income:
Net appreciation (depreciation) in fair value of investments	$	1,323,101	$	(885,137)
Interest and dividend income:
Common stock		337,538		349,480
Registered investment companies		617,406		756,497
Other investments		13,828		9,295
		2,291,873		230,135

Interest on notes receivable from participants		18,562		18,937

Contributions:
Employee		1,131,091		1,090,534
Employer		505,011		465,519
		1,636,102		1,556,053

Total additions		3,946,537		1,805,125

Deductions from net assets attributed to:
Participant withdrawals		2,343,184		2,135,958

Net increase (decrease)		1,603,353		(330,833)

Net assets available for plan benefits at:
Beginning of year		27,050,019		27,380,852
End of year	$	28,653,372	$	27,050,019

See accompanying notes to financial statements.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(1)	Description of the Plan

The GE Retirement Savings Plan (the "Plan") is a defined contribution plan sponsored by General Electric Company ("the Company").

The Plan is subject to applicable provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The assets of the Plan are held in and invested through the GE Retirement Savings Trust (the "Trust").

Fidelity Investments is the Plan's recordkeeper. The Plan Trustees (all of whom are officers of GE Asset Management Incorporated ("GEAM"), a wholly owned subsidiary of the Company) have appointed Fidelity Management Trust Company ("FMTC") as the directed Trustee of the Trust.

GEAM is the investment adviser to six of the Plan's investment options, which include actively managed funds in equity and fixed income asset classes. BlackRock Institutional Trust Company, N.A. ("BlackRock") is the investment adviser to six of the Plan's investment options, which include passively managed funds in equity and fixed income classes (collectively referred to herein as the "Index Funds"). AllianceBernstein, L.P. ("AllianceBernstein") is the investment adviser to the Plan's suite of thirteen Target Retirement Date Funds. Evercore Trust Company, N.A. ("Evercore") is the independent fiduciary and investment manager for the Synchrony Stock Fund. Effective July 15, 2014, State Street Global Advisors, a division of State Street Bank and Trust Company ("SSgA") became the investment manager for the GE RSP Government Money Market Fund, replacing GEAM. State Street Bank and Trust Company is the custodian of all Plan assets except for the GE Stock Fund, the Synchrony Stock Fund, the Index Funds and the U.S. Bond Fund (as defined below). FMTC is the custodian of the GE Stock Fund and the Synchrony Stock Fund. Blackrock is the custodian of the Index Funds. The Federal Reserve Bank is the custodian of the United States Savings Bonds in the U.S. Bond Fund.

The following description of the Plan is provided for general information purposes only. The complete terms of the Plan are provided in the GE Retirement Savings Plan document (the "Plan Document"). Additional Plan information including benefits, investment options, vesting provisions and effects of plan termination is included in Plan handbooks and other material distributed to participants.

Employee Contributions and Investment Options

Eligible employees of the Company and participating affiliates may participate in the Plan by investing up to 30% of their eligible earnings in one or more of the following investment options:

(a)	General Electric Common Stock Fund (the "GE Stock Fund") – The GE Stock Fund invests at least 98% of its assets in GE common stock, with the remainder held in cash or cash equivalents to provide for the GE Stock Fund's estimated liquidity needs.

(b)	GE RSP Income Fund (the "Income Fund") – The Income Fund managed by GEAM seeks a high interest rate of return over a long-term period consistent with the preservation of capital by investing at least 80% of its net assets in debt securities.

(c)	GE RSP U.S. Equity Fund (the "U.S. Equity Fund") – The U.S. Equity Fund managed by GEAM seeks long-term growth of capital and income by investing at least 80% of its net assets in equity securities of U.S. companies, such as common and preferred stocks.

(d)

GE Institutional International Equity Fund (the "International Fund") – The International Fund managed by GEAM seeks long-term growth of capital by investing at least 80% of its net assets in equity securities, such as common and preferred stocks. The International Fund invests primarily in companies in both developed and emerging market countries outside the United States.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(e)	GE Institutional Small-Cap Equity Fund (the "Small-Cap Fund") – The Small-Cap Fund managed by GEAM seeks long-term growth of capital by investing at least 80% of its net assets in equity securities of smaller companies, such as common and preferred stocks.

(f)

GE Institutional Strategic Investment Fund (the "Strategic Investment Fund") – The Strategic Investment Fund managed by GEAM seeks maximum total return (total return includes both income and capital appreciation) by investing primarily in a combination of U.S. and Non-U.S. equity and debt securities and cash.

(g)

Non-U.S. Equity Index Fund – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the Morgan Stanley Capital International All Country World Index (MSCI ACWI) ex-U.S. Net Dividend Return Index by investing in a portfolio of international equity securities to approximate, as closely as practicable, the capitalization weighted total rates of return of the markets in certain countries for publicly traded equity securities.

(h)

U.S. Aggregate Bond Index Fund – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the Barclays U.S. Aggregate Bond Index by investing in a representative sample of securities that collectively has an investment profile similar to the index.

(i)	U.S. Large-Cap Equity Index Fund – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the S&P 500 Index by investing in large companies within the United States.

(j)	U.S. Mid-Cap Equity Index Fund – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the S&P Mid-Cap 400 Index by investing in medium-sized companies within the United States.

(k)	U.S. Small-Cap Equity Index Fund – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the Russell 2000 Index by investing in smaller companies within the United States.

(l)

U.S. Treasury Inflation-Protected Securities Index Fund (the "U.S. TIPS Index Fund") – A collective investment trust maintained and managed by BlackRock that seeks investment results that correspond generally to the investment performance of the Barclays U.S. Treasury Inflation-Protected Securities Index by investing in substantially all of the securities that make up the index.

(m)

GE RSP Short-Term Interest Fund (the "ST Interest Fund") – The ST Interest Fund managed by GEAM seeks to preserve principal and achieve a market-related interest rate of return by investing primarily in a variety of investment-grade debt securities, such as U.S. government securities, asset-backed securities, corporate bonds and money market instruments.

(n)

GE RSP Government Money Market Fund (the "Money Market Fund"), formerly GE RSP Money Market Fund – The Money Market Fund managed by SSgA seeks a high level of current income consistent with the preservation of capital and maintenance of liquidity by investing at least 99.5% of its net assets in short-term U.S. government securities, cash and/or repurchase agreements that are collateralized by cash or U.S. government securities.

(o)

United States Savings Bonds (the "U.S. Bond Fund") – The Savings Bonds available under this option are Series "EE" Savings Bonds issued by the U.S. Treasury. The Savings Bonds mature 30 years after their issue date and earn interest based on market yields for Treasury securities. Each May 1 and November 1, the U.S. Government sets the rates for the Savings Bonds that apply for the next six months. Principal and accrued interest are credited when the Savings Bond is redeemed or on its maturity date. Until a Plan participant has accumulated sufficient funds to purchase a Savings Bond, the amounts in the participant's account are invested in money market instruments and other short-term debt securities. Effective September 8, 2014, this option was closed to new investments.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(p)

Target Retirement Date Funds (the "TRD Funds") – The TRD Funds are daily valued separate accounts managed by AllianceBernstein. The investment objective of each TRD Fund is to seek the highest total return (total return includes capital appreciation and income) over time consistent with an appropriate degree of risk, and a specified allocation among various types of assets. To achieve its investment objective, each TRD Fund invests in a combination of underlying investment funds representing a variety of asset classes (the "Underlying Funds"). A TRD Fund's asset allocation changes over time and is expected to gradually shift from a combination of Underlying Funds that emphasizes investment in stocks to a combination of Underlying Funds that is more conservative and invests in bonds, stocks, and short-term investments. Approximately 15 years after the target retirement date, the target asset allocation is expected to reach a "landing point" and become static. The suite of Target Retirement Date Funds includes the following:

Target Retirement Income Fund	2025 Target Retirement Date Fund	2050 Target Retirement Date Fund
2005 Target Retirement Date Fund	2030 Target Retirement Date Fund	2055 Target Retirement Date Fund
2010 Target Retirement Date Fund	2035 Target Retirement Date Fund	2060 Target Retirement Date Fund
2015 Target Retirement Date Fund	2040 Target Retirement Date Fund
2020 Target Retirement Date Fund	2045 Target Retirement Date Fund

(q)

Synchrony Stock Fund – The Synchrony Stock Fund was established on November 23, 2015 as a temporary investment option in connection with the Company's one-time offer in 2015 to exchange shares of Synchrony Financial common stock for shares of GE common stock. The Synchrony Stock Fund is expected to invest at least 95% of its assets in Synchrony Financial common stock, with the remainder held in cash or cash equivalents to provide for the Synchrony Stock Fund's estimated liquidity needs. This fund is closed to new investments and the terms of the Plan require that the Synchrony Stock Fund be liquidated as soon as reasonably practicable following the one-year anniversary of its establishment. Upon liquidation, the Synchrony Stock Fund will be eliminated.

The GE Stock Fund, Income Fund, U.S Equity Fund, International Fund, Small-Cap Fund, Strategic Investment Fund, Index Funds, ST Interest Fund, Money Market Fund, U.S. Bond Fund, the TRD Funds and the Synchrony Stock Fund are collectively referred to herein as the "Funds".

The Income Fund, U.S. Equity Fund, International Fund, Small-Cap Fund and Strategic Investment Fund are registered investment companies subject to specific disclosure and other requirements. The following Plan information is available to participants and eligible employees upon request or may be obtained online at the Plan's website: audited financial statements and prospectuses or other disclosure documents of the registered investment companies; fund profiles for the GE Stock Fund, ST Interest Fund, Money Market Fund, U.S. Bond Fund, Index Funds, TRD Funds and the Synchrony Stock Fund; and the GE Retirement Savings Plan Supplemental Information document containing certain information regarding all Funds. Certain of the above documents comprising this Plan information are also affirmatively provided to participants and eligible employees in compliance with the requirements of the Department of Labor.

The Plan permits participants to invest compensation on which income taxes have and have not been paid ("after-tax" and "pre-tax", respectively). The United States Internal Revenue Code ("IRC") limits the amount of pre-tax contributions that can be made each year. The limit for participants under age 50 was generally $18,000 and $17,500 in 2015 and 2014, respectively. For participants who were at least age 50 during the year, the limit was generally $24,000 and $23,000 in 2015 and 2014, respectively. The Plan also permits participants to make Roth contributions, which are combined with pre-tax contributions for purposes of these limits.

Participants may switch their investment balances (including rebalancing) up to 12 times each quarter. Restrictions on such switches include a prohibition against switching balances into the U.S. Bond Fund and the Synchrony Stock Fund and certain restrictions on a participant's ability to engage in frequent trading in response to Securities and Exchange Commission requirements governing mutual funds.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

Employer Contributions

The Plan generally provides for employer matching contributions of 50% of employees' contributions of up to 7% of their earnings, that is, a 3.5% maximum matching contribution. For certain eligible employees, whose first day of work was on or after January 1, 2005, such matching contributions are generally 50% of employees' contributions of up to 8% of earnings, that is, a 4% maximum matching contribution.

Certain eligible salaried employees (whose first day of work is on or after January 1, 2011) and certain eligible production employees (whose first day of work is on or after January 1, 2012) also receive a Company Retirement Contribution generally equal to 3% of their earnings, irrespective of any employee contributions. Those production employees may also be eligible for an Additional Company Retirement Contribution ("ACRC") equal to $600 per year credited in the following January and a one-time additional $300 for a total of $900 credited in January 2016. Hereinafter, the Company Retirement Contribution and the ACRC shall be referred to collectively as "Company Retirement Contributions" ("CRCs"). The CRCs are in addition to the employer matching contribution. A participant who does not have a regular investment election on file will be electing to invest the CRCs in the TRD Fund consistent with the participant's age.

Effective January 1, 2014, the Plan was amended to automatically enroll current and newly hired non-union employees who are eligible for CRCs and who have not made an affirmative election regarding the amount (if any) of their own savings as electing to contribute 8% of eligible pay as pre-tax contributions. This election entitles these employees to the maximum 4% matching contribution. A participant who does not have a regular investment election on file will be electing to invest these contributions in the TRD Fund consistent with the participant's age. These elections can be changed at any time before or after the employee is automatically enrolled.

Rollovers and Transfers from Other Qualifying Plans

Subject to Company approval, participants may elect to rollover amounts from other qualifying plans or arrangements in accordance with the IRC. For the years ended December 31, 2015 and 2014, transfers from other qualifying plans or arrangements were $85.7 million and $81.6 million, respectively, and are included in employee contributions in the statements of changes in net assets available for plan benefits.

Withdrawals

Subject to certain limitations prescribed by the Plan and the IRC, terminated participants may elect retirement or other termination withdrawals in either lump sum or partial payments. Currently, employed participants may make up to seven withdrawals per year and certain hardship withdrawals from their participant accounts (except with respect to amounts attributable to any CRCs, which are not available for withdrawal during employment). Partial payments on termination are generally limited to four per year and a minimum of $500.

Notes Receivable from Participants

The Plan permits participants, under certain circumstances, to borrow a minimum of $500 from their participant accounts (except with respect to amounts attributable to any CRCs, which are not available for loans). Subject to certain IRC and Plan limits, a participant may not borrow more than the lesser of 50% of that participant's available account value, as defined in the Plan Document, or $50,000, adjusted for prior loans. The term of any loan is up to 4.5 years unless the loan is used to acquire a principal residence for which a term of up to 15 years may be permissible. The interest rate applicable to participant loans is based on the monthly average of the composite yield on corporate bonds, published by Moody's Investors Service. Prior to December 2009, the interest rates of individual loans were fixed for the shorter of the term of the loan or five years. Effective December 2009, the interest rates for new loans are fixed for the term of the loan.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

Loans are repaid with interest in equal payments over the term of the loan by payroll deductions, personal check, or other such methods as may be required. Participants may repay the entire principal amount with written notice and without penalty. Effective October 1, 2015, partial prepayments in amounts not less than the regular repayment amount are permissible without penalty and without re-amortization of the remaining principal amount. A participant may have no more than two outstanding loans from the Plan at any time.

In the event of a loan default, the amount of the outstanding balance will be reported to the Internal Revenue Service in the year of the default as ordinary income.

Participant Accounts

Each participant's account is credited with the participant's contributions and CRCs (as applicable) and allocation of (a) employer matching contributions and (b) investment results. The benefit to which a participant is entitled is the value of the participant's vested account.

Vesting

Participants are fully vested in their employee contributions, employer matching contributions and related investment results. Participants receiving CRCs and related earnings generally become vested in those amounts once the participant completes three years of service.

In connection with the Company's April 10, 2015 announcement of its plan to dispose of a predominant share of General Electric Capital Corporation and its subsidiaries, the Plan was amended to provide earlier vesting to certain participants who experience a layoff in connection with that plan.

Forfeitures

During 2015 and 2014, forfeitures of approximately $10.0 million and $8.3 million, respectively, were used to reduce employer contributions in accordance with the terms of the Plan.

Plan Termination and Amendment

Although the Company has not expressed any intent to do so, it has the right under the Plan, to the extent permitted by law, to discontinue its contributions and to terminate the Plan in accordance with the provisions of ERISA. If the Plan is terminated, each participant's interest will be payable in full according to the Plan provisions. The Company also has the right under the Plan, to the extent permitted by law, to amend or replace the Plan for any reason.

Administrative and Investment Advisory Costs

Administrative costs of the Plan and investment advisory costs for the GE Stock Fund, ST Interest Fund, the Money Market Fund and the Synchrony Stock Fund are generally borne by the Company. For the registered investment companies, the Index Funds, and the TRD Funds, investment advisers receive a management fee for providing investment advisory services. These management fees are reflected in interest and dividend income for the registered investment companies and in net appreciation in fair value of investments for the Index Funds and TRD Funds on the statements of changes in net assets available for plan benefits.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(2) Summary of Significant Accounting Policies

(a)	Basis of Accounting

The accompanying financial statements have been prepared on the accrual basis of accounting.

(b)

Investments

Plan investments are reported at fair value. See notes 3 and 4 for additional information.

Investment transactions are recorded on a trade date basis. Dividends are recorded on the ex-dividend date. Interest income is earned from settlement date and recognized on the accrual basis. The net appreciation (depreciation) in the fair value of investments consists of the realized gains or losses on the sales of investments and the net unrealized appreciation (depreciation) of investments.

All portfolio securities of the Money Market Fund and any short-term money market instruments held by the ST Interest Fund with remaining maturities of sixty days or less at the time of purchase are valued on the basis of amortized cost, which approximates fair value.

More detailed information regarding these financial instruments, as well as the strategies and policies for their use, is contained in the documents described above under "Employee Contributions and Investment Options" in note 1.

(c)

Fair Value Measurements

For financial assets and liabilities, fair value is the price the Plan would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. In the absence of active markets for the identical assets and liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date.

Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. Preference is given to observable inputs. These two types of inputs create the following fair value hierarchy:

Level 1 - Quoted prices for identical investments in active markets.

Level 2 - Quoted prices for similar investments in active markets; quoted prices for identical or similar investments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

Level 3 - Significant inputs to the valuation model are unobservable.

The Company maintains policies and procedures to value investments using the best and most relevant data available. In addition, the Company retains independent pricing vendors to assist in valuing certain investments.

The following section describes the valuation methodologies used to measure investments at fair value.

When available, quoted market prices are used to determine the fair value of investment securities, and they are included in Level 1. Level 1 securities include GE common stock, Synchrony Financial common stock, registered investment companies, certain short-term money market instruments, and U.S. Savings Bonds.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

The Plan's ownership in the collective funds is carried at fair value based on the investment's net asset value per unit and is included in Level 2.

When quoted market prices are unobservable, pricing information is obtained from an independent pricing vendor. The pricing vendor uses various pricing models for each asset class that are consistent with what other market participants would use. The inputs and assumptions to the model of the pricing vendor are derived from market observable sources including: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers, and other market-related data. Since many fixed income securities do not trade on a daily basis, the methodology of the pricing vendor uses available information as applicable such as benchmark curves, benchmarking of like securities, sector groupings, and matrix pricing. The pricing vendor considers available market observable inputs in determining the evaluation for a security. Thus, certain securities may not be priced using quoted prices, but rather determined from market observable information. These investments are included in Level 2 and primarily comprise securities in the ST Interest Fund.

The Money Market Fund securities are typically valued on the basis of amortized cost which approximates fair value and these are included in Level 2. If it is determined that amortized cost does not approximate fair value, securities may be valued based on dealer supplied valuations or quotations. In these infrequent circumstances, the pricing service may provide the Plan with valuations that are based on significant unobservable inputs, and in those circumstances, the investment securities are classified in Level 3.

Plan securities that are valued using techniques other than market quotations, particularly securities that are "fair valued," are subject to valuation risk. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Annually, the Company conducts a review of the Plan's primary pricing vendor to validate that the inputs used in that vendor's pricing process are deemed to be market observable as defined in the standard. While the Company is not provided access to proprietary models of the vendor, the Company's review has included on-site walkthroughs of pricing processes, methodologies and control procedures for each asset class for which prices were provided. The Company's review also includes an examination of the underlying inputs and assumptions for a sample of individual securities across asset classes, credit rating levels and various durations. The Company believes that the prices received from the pricing vendor are representative of prices that would be received to sell the assets at the measurement date (exit price).

The Plan may use non-binding broker quotes as its primary basis for valuation when there is limited, or no, relevant market activity for a specific instrument or for other instruments that share similar characteristics. The Company has not adjusted the prices obtained from the brokers. Investment securities priced using non-binding broker quotes are included in Level 3. As is the case with the primary pricing vendor, third-party brokers do not provide access to their proprietary valuation models, inputs and assumptions.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(d)

Notes Receivable from Participants

Loans to participants are recorded at the outstanding principal balance plus accrued interest.

(e)

Participant Withdrawals

Participant withdrawals are recorded when paid. Included in participant withdrawals are GE common stock cash dividends paid to participants of approximately $39.7 million and $41.8 million during 2015 and 2014, respectively.

(f)

Management Estimates and Assumptions

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014


(3)	Investments

	A summary of the fair value of the Plan's investments at December 31, 2015 and 2014 follows.

				2015		2014

			(in thousands)
	Common Stock:
	GE Common Stock		$	11,046,325	$	9,611,376
	Synchrony Financial Common Stock			19,240		—
	Total Common Stock			11,065,565		9,611,376
	Registered Investment Companies:
	GE RSP Income Fund			1,856,666		1,953,643
	GE RSP U.S. Equity Fund			3,496,467		3,856,381
	GE Institutional International Equity Fund			1,151,000		1,182,034
	GE Institutional Small-Cap Equity Fund			1,101,531		1,233,143
	GE Institutional Strategic Investment Fund			595,930		621,420
	Total Registered Investment Companies			8,201,594		8,846,621

	Collective Funds:^(a)
	Non-U.S. Equity Index Fund			844,833		715,180
	U.S. Aggregate Bond Index Fund			645,596		526,829
	U.S. Large-Cap Equity Index Fund			3,115,340		2,831,061
	U.S. Mid-Cap Equity Index Fund			902,028		787,681
	U.S. Small-Cap Equity Index Fund			576,135		511,499
	U.S. Treasury Inflation-Protected Securities Index Fund			281,070		264,210
	Total Collective Funds			6,365,002		5,636,460

	Other Investments:^(a)
	Short-Term Money Market Instruments			326,215		310,200
	U.S. Treasury and U.S. Government Agency Debt Obligations			1,750,514		1,801,151
	Commercial Mortgage-Backed, Corporate Notes and Asset-Backed Securities			380,059		221,777
	U.S. Savings Bonds			67,413		90,237
	Total Other Investments			2,524,201		2,423,365

	Total investments at fair value		$	28,156,362	$	26,517,822


	^(a)	Target Retirement Date Funds are separate accounts that invest in a combination of Index Funds and the Money Market Fund representing a variety of asset classes. See Note 1(p).

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GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

Investment securities, in general, are exposed to various risks, such as interest rate, credit and overall market volatility risk. Due to the level of risk associated with certain investment securities, it is reasonable to expect that changes in the values of investment securities will occur (including in the near term) and that such changes could materially affect participant account balances and the statements of net assets available for plan benefits. The Plan offers alternatives that may mitigate participant risks, including the opportunity to diversify investments across multiple participant-directed fund elections including active and passively managed funds covering multiple asset classes. Additionally, the investments within each participant-directed fund election are further diversified into various financial instruments, with the exception of the GE Stock Fund, the Synchrony Stock Fund and the U.S. Bond Fund, which primarily invest in securities of a single issuer.

Investments other than the GE Stock Fund, the Money Market Fund, the Synchrony Stock Fund and the U.S. Bond Fund may use various financial instruments such as options and futures, commonly referred to as derivatives, as a substitute for taking a long or a short position in an underlying asset, to increase returns, or as part of a hedging strategy.

- 15 -

GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014


(4)	Fair Value Measurements
	The Plan's investments measured at fair value on a recurring basis at December 31, 2015 follow.

		Level 1		Level 2		Level 3		Total

		(in thousands)

	Common Stock	$	11,065,565	$	—	$	—	$	11,065,565
	Registered Investment Companies		8,201,594		—		—		8,201,594
	Collective Funds		—		6,365,002		—		6,365,002
	Other Investments:
	Short-Term Money Market Instruments		1,117		325,098		—		326,215
	U.S. Treasury and U.S. Government Agency Debt Obligations		—		1,750,514		—		1,750,514
	Commercial Mortgage-Backed, Corporate Notes and
	Asset-Backed Securities		—		380,059		—		380,059
	U.S. Savings Bonds		67,413		—		—		67,413
	Total Other Investments		68,530		2,455,671		—		2,524,201
	Total investments at fair value	$	19,335,689	$	8,820,673	$	—	$	28,156,362


	The Plan's investments measured at fair value on a recurring basis at December 31, 2014 follow.

		Level 1		Level 2		Level 3		Total

		(in thousands)

	Common Stock	$	9,611,376	$	—	$	—	$	9,611,376
	Registered Investment Companies		8,846,621		—		—		8,846,621
	Collective Funds		—		5,636,460		—		5,636,460
	Other Investments:
	Short-Term Money Market Instruments		53,942		256,258		—		310,200
	U.S. Treasury and U.S. Government Agency Debt Obligations		—		1,801,151		—		1,801,151
	Commercial Mortgage-Backed, Corporate Notes and
	Asset-Backed Securities		—		221,777		—		221,777
	U.S. Savings Bonds		90,237		—		—		90,237
	Total Other Investments		144,179		2,279,186		—		2,423,365
	Total investments at fair value	$	18,602,176	$	7,915,646	$	—	$	26,517,822

Transfers into and out of levels are considered to occur at the beginning of the period. There were no transfers between level one and level two during the years ended December 31, 2015 and 2014.

- 16 -

GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(5) Related Party Transactions (Parties-in-Interest)

The Plan's recordkeeper, trustees, investment advisors and custodians described in Note 1, as well as the Company and Plan participants, are each a "party in interest" to the Plan as defined by ERISA. Parties in interest to the Plan are noted in the Schedule H, Line 4i - schedule of assets. Any fees paid by the Plan with respect to those or other transactions are described in the GE Retirement Savings Plan Supplemental Information document. KPMG LLP, the auditor of the Plan's financial statements, is also a party in interest.

(6) Tax Status

The Internal Revenue Service has notified the Company by a letter dated April 24, 2014, that the Plan is qualified under the appropriate sections of the IRC and that the related trust is tax-exempt. Although the Plan has been amended and restated since receiving the determination letter, the Plan administrator and the Plan's counsel believe that the Plan's current design and operations comply in all material respects with the applicable requirements of the IRC, and that the letter remains valid.

The portion of a participant's compensation contributed to the Plan as a pre-tax contribution, the Company's matching contribution, and CRCs are not subject to Federal income tax when such contributions are credited to participant accounts, subject to certain limitations. These amounts and any investment results may be included in the participant's gross taxable income for the year in which such amounts are withdrawn from the Plan.

U.S. generally accepted accounting principles require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) of the Plan if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. For the years ended December 31, 2015 and 2014, the Plan has not recognized a tax liability (or asset) related to uncertain tax positions.

The Plan is subject to routine audits by taxing jurisdictions, however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2012.

(7) Subsequent Events

Subsequent events after the statement of net assets available for plan benefits date through June 15, 2016, the date that the financial statements were issued, have been evaluated in the preparation of these financial statements.

Effective January 1, 2016, the Plan was amended to automatically enroll current and newly hired union employees who are eligible for CRCs and who have not made an affirmative election regarding the amount (if any) of their own savings as electing to contribute 2% of eligible pay as pre-tax contributions. This election entitles these employees to a 1% matching contribution. A participant who does not have a regular investment election on file will be electing to invest these contributions in the TRD Fund consistent with the participant's age. These elections can be changed at any time before or after the employee is automatically enrolled.

On March 30, 2016, GE and State Street Corporation announced an agreement for State Street to acquire GEAM. The investment objectives and policies of the funds will not change as a result of this transaction.

- 17 -

GE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2015 and 2014

(8)	Reconciliation of Financial Statements to Form 5500

Notes receivable from participants are classified as investments per Form 5500 instructions. In addition, any deemed distributions are not considered to be plan assets per Form 5500 and are excluded from notes receivable from participants. However, these distributions remain a plan asset for purposes of these financial statements until a distributable event occurs and they are offset against plan assets.

A reconciliation of investments per the financial statements to the annual report filed on Form 5500, Schedule H as required by the Department of Labor follows.


		2015		2014
	(in thousands)

Total investments per financial statements	$	28,156,362	$	26,517,822

Total notes receivable per financial statements		435,736		434,171
Deemed distributions		(9,282)		(9,162)
Total notes receivable per Form 5500		426,454		425,009

Total investments per Form 5500	$	28,582,816	$	26,942,831

A reconciliation of total deductions from net assets per the financial statements to the annual report filed on Form 5500, Schedule H as required by the Department of Labor follows.


	2015		2014
	(in thousands)

Total deductions from net assets per financial statements	$	2,343,184	$	2,135,958
Deemed distributions offset against plan assets		(2,370)		(2,330)
New deemed distributions		2,490		2,743
Total expenses per Form 5500	$	2,343,304	$	2,136,371

- 18 -

GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015




Description			Shares		Fair Value
Corporate Stocks - Common
GE Common Stock			354,617,188	$	11,046,325,391	(g)
Synchrony Financial Common Stock			632,679		19,239,768
Total Common Stock					11,065,565,159

Registered Investment Companies
GE RSP Income Fund			163,438,857		1,856,665,420	(b) (g)
GE RSP U.S. Equity Fund			73,470,631		3,496,467,341	(b) (g)
GE Institutional International Equity Fund			97,957,473		1,151,000,308	(b) (g)
GE Institutional Small-Cap Equity Fund			70,116,555		1,101,531,084	(b) (g)
GE Institutional Strategic Investment Fund			52,137,381		595,930,269	(b) (g)
Total Registered Investment Companies					8,201,594,422

Collective Funds
Non-U.S. Equity Index Fund					844,833,545
U.S. Aggregate Bond Index Fund					645,596,009
U.S. Large-Cap Equity Index Fund					3,115,339,870
U.S. Mid-Cap Equity Index Fund					902,027,992
U.S. Small-Cap Equity Index Fund					576,134,517
U.S. Treasury Inflation-Protected Securities Index Fund					281,069,727
Total Collective Funds					6,365,001,660

Other Investments
	Rate of Interest		Maturity		Fair Value
Short-Term Money Market Instruments
BNP Paribas Tri Party Repo	0.290	%	01/04/2016	$	105,000,000
BNP Paribas Tri Party Repo	0.300		01/04/2016		65,000,000
Merrill Lynch Tri Party Repo	0.290		01/04/2016		58,459,000
TD Securities USA Tri Party Repo	0.320		01/04/2016		90,000,000
State Street Treasury Plus Fund	0.170		12/31/2030		6,639,573	(c) (g) (i)
Fidelity Institutional Money Market Government Portfolio - Class I					1,116,828	(a) (g)
Total Short-Term Money Market Instruments					326,215,401

U.S. Treasury and U.S. Government Agency Debt Obligations
Federal Farm Credit Banks	0.090	%	01/19/2016		3,799,829	(c)
Federal Farm Credit Banks	0.180		01/21/2016		1,399,860	(c)
Federal Farm Credit Banks	0.180		01/25/2016		1,499,820	(c)
Federal Farm Credit Banks	0.180		01/28/2016		2,499,663	(c)
Federal Farm Credit Banks	0.239		01/05/2016		7,000,000	(d)
Federal Farm Credit Banks	0.277		09/09/2016		4,800,048	(d)
Federal Farm Credit Banks	0.271		01/11/2016		8,000,000	(d)
Federal Farm Credit Banks	0.320		02/18/2016		8,999,895	(d)
Federal Farm Credit Banks	0.412		10/26/2016		8,800,000	(d)
Federal Home Loan Mortgage Corp	0.402		01/25/2016		10,800,000	(d)
Federal Home Loan Mortgage Corp	0.368		06/24/2016		27,000,000	(d)
Federal Home Loan Mortgage Corp	0.226		07/08/2016		13,000,000	(d)
Federal Home Loan Mortgage Corp	0.281		07/15/2016		21,000,000	(d)
Federal Home Loan Mortgage Corp	0.262		08/12/2016		23,600,000	(d)
Federal Home Loan Mortgage Corp	0.392		09/20/2016		12,100,000	(d)
Federal Home Loan Mortgage Corp	0.110		01/04/2016		13,499,882	(c)
Federal Home Loan Mortgage Corp	0.100		01/05/2016		8,899,906	(c)
Federal Home Loan Mortgage Corp	0.110		01/06/2016		59,999,079	(c)
Federal Home Loan Mortgage Corp	0.110		01/08/2016		49,198,948	(c)
Federal Home Loan Mortgage Corp	0.110		01/13/2016		55,997,920	(c)
Federal Home Loan Mortgage Corp	0.120		01/15/2016		46,997,898	(c)
Federal Home Loan Mortgage Corp	0.120		01/27/2016		23,497,912	(c)
Federal Home Loan Mortgage Corp	0.150		01/28/2016		7,299,206	(c)
Federal Home Loan Mortgage Corp	0.170		02/05/2016		19,996,772	(c)
Federal Home Loan Mortgage Corp	0.400		03/23/2016		34,968,271	(c)
Federal Home Loan Mortgage Corp	0.380		03/30/2016		29,972,188	(c)
Federal Home Loan Mortgage Corp	0.390		04/01/2016		34,967,489	(c)
Federal Home Loan Mortgage Corp	0.070		01/04/2016		2,599,979	(c)
Federal Home Loan Mortgage Corp	0.120		01/07/2016		29,999,400	(c)
Federal Home Loan Mortgage Corp	0.230		01/08/2016		9,999,553	(c)
Federal Home Loan Mortgage Corp	0.230		01/13/2016		9,999,233	(c)
Federal Home Loan Mortgage Corp	0.090		01/14/2016		36,198,824	(c)
Federal Home Loan Mortgage Corp	0.090		01/15/2016		23,148,659	(c)
Federal Home Loan Mortgage Corp	0.090		01/20/2016		42,697,958	(c)

See accompanying notes to schedule of assets on page 24.

- 19 -

GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015



Other Investments, continued
Description	Rate of Interest		Maturity		Fair Value
U.S. Treasury and U.S. Government Agency Debt Obligations
Federal Home Loan Mortgage Corp	0.070	%	01/25/2016	$	2,599,879	(c)
Federal Home Loan Mortgage Corp	0.180		02/09/2016		12,247,678	(c)
Federal Home Loan Mortgage Corp	0.140		02/11/2016		13,097,986	(c)
Federal Home Loan Mortgage Corp	0.200		02/17/2016		21,994,256	(c)
Federal Home Loan Mortgage Corp	0.270		02/26/2016		27,588,451	(c)
Federal Home Loan Mortgage Corp	0.150		03/04/2016		10,697,191	(c)
Federal Home Loan Mortgage Corp	0.440		03/08/2016		15,987,196	(c)
Federal Home Loan Mortgage Corp	0.230		03/09/2016		35,884,403	(c)
Federal Home Loan Mortgage Corp	0.280		03/14/2016		17,590,007	(c)
Federal Home Loan Mortgage Corp	0.460		04/11/2016		15,979,800	(c)
Federal Home Loan Mortgage Corp	0.296		08/17/2016		13,500,000	(d)
Federal Home Loan Mortgage Corp	0.373		08/24/2016		14,250,000	(d)
Federal Home Loan Mortgage Corp	7.000		11/01/2031		22,809
Federal Home Loan Mortgage Corp	7.000		04/01/2032		331,539
Federal Home Loan Mortgage Corp	7.000		04/01/2032		243,532
Federal Home Loan Mortgage Corp	7.000		06/01/2032		42,145
Federal Home Loan Mortgage Corp	7.500		01/01/2027		19,340
Federal Home Loan Mortgage Corp	7.000		04/01/2036		169,929
Federal Home Loan Mortgage Corp	8.500		03/01/2027		6,097
Federal Home Loan Mortgage Corp	8.000		05/01/2031		25,888
Federal Home Loan Mortgage Corp	7.500		01/01/2027		158,188
Federal Home Loan Mortgage Corp	1.281		12/15/2031		564,825	(d)
Federal Home Loan Mortgage Corp	9.250		12/01/2016		3,227
Federal National Mortgage Assoc.	0.090		01/06/2016		15,399,808
Federal National Mortgage Assoc.	0.090		01/08/2016		9,899,827
Federal National Mortgage Assoc.	0.080		01/13/2016		5,599,854
Federal National Mortgage Assoc.	0.080		01/20/2016		11,899,498
Federal National Mortgage Assoc.	0.060		01/27/2016		2,499,892
Federal National Mortgage Assoc.	0.070		02/03/2016		3,649,783
Federal National Mortgage Assoc.	0.150		02/17/2016		6,998,629
Federal National Mortgage Assoc.	0.200		02/24/2016		10,246,925
Federal National Mortgage Assoc.	0.410		03/16/2016		11,990,000
Federal National Mortgage Assoc.	0.360		03/23/2016		27,977,678
Federal National Mortgage Assoc.	0.340		03/30/2016		5,995,031
Federal National Mortgage Assoc.	0.390		04/06/2016		16,982,773
Federal National Mortgage Assoc.	7.500		05/01/2026		10,166
Federal National Mortgage Assoc.	7.500		01/01/2025		99,540
Federal National Mortgage Assoc.	7.500		11/01/2021		14,489
Federal National Mortgage Assoc.	7.000		03/01/2029		46,628
Federal National Mortgage Assoc.	2.406		07/01/2033		771,333	(d)
Federal National Mortgage Assoc.	7.500		02/01/2031		114,303
Federal National Mortgage Assoc.	7.500		04/01/2016		670
Federal National Mortgage Assoc.	7.000		06/01/2031		14,728
Federal National Mortgage Assoc.	7.500		07/01/2027		37,572
Federal National Mortgage Assoc.	7.000		10/01/2031		249,364
Federal National Mortgage Assoc.	7.500		04/01/2032		73,308
Federal National Mortgage Assoc.	7.000		02/01/2017		10,799
Federal National Mortgage Assoc.	7.000		03/01/2017		6,942
Federal National Mortgage Assoc.	7.000		03/01/2017		3,199
Federal National Mortgage Assoc.	8.500		08/01/2030		11,561
Federal National Mortgage Assoc.	8.000		05/01/2032		26,817
Federal National Mortgage Assoc.	7.000		04/01/2017		4,021
Federal National Mortgage Assoc.	7.500		06/01/2032		80,951
Federal National Mortgage Assoc.	7.000		04/01/2017		5,917
Federal National Mortgage Assoc.	7.000		03/01/2017		8,321
Federal National Mortgage Assoc.	7.000		05/01/2017		13,228
Federal National Mortgage Assoc.	8.000		03/01/2032		74,127
Federal National Mortgage Assoc.	7.000		07/01/2017		14,795
Federal National Mortgage Assoc.	7.000		07/01/2017		23,485
Federal National Mortgage Assoc.	2.702		06/01/2033		317,647	(d)
Federal National Mortgage Assoc.	2.866		06/01/2033		142,628	(d)
Federal National Mortgage Assoc.	9.500		09/01/2021		4,959
Federal National Mortgage Assoc.	7.000		05/01/2017		13,728
Federal National Mortgage Assoc.	0.100		05/25/2018		1,276	(d) (e)
Federal National Mortgage Assoc.	4.500		02/25/2040		3,664,018
Federal National Mortgage Assoc.	7.500		10/01/2030		24,931
Federal National Mortgage Assoc.	2.512		12/01/2032		315,559	(d)

See accompanying notes to schedule of assets on page 24.

- 20 -

GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015


Other Investments, continued
Description	Rate of Interest		Maturity		Fair Value
U.S. Treasury and U.S. Government Agency Debt Obligations
Federal National Mortgage Assoc.	1.913	%	05/01/2033	$	657,432	(d)
Federal National Mortgage Assoc.	2.165		06/01/2033		854,192	(d)
Federal National Mortgage Assoc.	2.192		05/01/2033		43,043	(d)
Federal National Mortgage Assoc.	2.515		06/01/2033		5,766	(d)
Federal National Mortgage Assoc.	2.379		06/01/2033		714,356	(d)
Federal National Mortgage Assoc.	7.000		04/01/2033		117,679
Federal National Mortgage Assoc.	7.500		04/01/2033		46,854
Federal National Mortgage Assoc.	2.338		07/01/2033		590,057	(d)
Federal National Mortgage Assoc.	7.500		11/01/2033		26,566
Federal National Mortgage Assoc.	8.000		11/01/2033		32,433
Federal National Mortgage Assoc.	7.000		11/01/2033		246,467
Federal National Mortgage Assoc.	7.500		03/01/2034		161,730
Federal National Mortgage Assoc.	7.000		03/01/2034		19,610
Federal National Mortgage Assoc.	7.000		06/01/2034		39,120
Federal National Mortgage Assoc.	7.500		05/01/2034		57,102
Federal National Mortgage Assoc.	8.500		08/01/2029		38,858
Federal National Mortgage Assoc.	7.000		01/01/2035		142,624
Federal National Mortgage Assoc.	7.000		01/01/2036		244,933
Federal National Mortgage Assoc.	7.000		05/01/2035		83,487
Federal National Mortgage Assoc.	7.000		05/01/2035		217,005
Federal National Mortgage Assoc.	7.000		04/01/2036		107,410
Federal National Mortgage Assoc.	2.935		06/01/2044		52,761,903	(d)
Government National Mortgage Assoc.	7.000		05/15/2032		115,496
Government National Mortgage Assoc.	7.000		11/15/2032		40,132
Government National Mortgage Assoc.	7.000		03/15/2031		79,230
Government National Mortgage Assoc.	7.500		05/15/2031		38,118
Government National Mortgage Assoc.	7.500		03/15/2031		14,285
Government National Mortgage Assoc.	7.500		01/15/2031		165,847
Government National Mortgage Assoc.	7.500		01/15/2031		44,855
Government National Mortgage Assoc.	7.500		09/15/2031		151,682
Government National Mortgage Assoc.	7.500		07/15/2031		97,934
Government National Mortgage Assoc.	9.000		11/15/2017		4,574
Government National Mortgage Assoc.	7.000		12/15/2018		25,688
Government National Mortgage Assoc.	7.500		12/15/2018		68,194
Government National Mortgage Assoc.	7.000		11/15/2023		146,703
U.S. Treasury Bills	0.060		01/07/2016		65,999,494
U.S. Treasury Bills	0.120		02/04/2016		49,994,554	(c)
U.S. Treasury Bills	0.070		01/14/2016		99,997,431	(c)
U.S. Treasury Bills	0.060		01/21/2016		9,999,944	(c)
U.S. Treasury Bills	0.140		02/11/2016		49,992,313	(c)
U.S. Treasury Bills	0.150		02/18/2016		49,990,333	(c)
U.S. Treasury Bills	0.140		02/25/2016		37,991,872	(c)
U.S. Treasury Notes	2.500		02/15/2045		3,246,609
U.S. Treasury Notes	0.500		04/30/2017		144,527,998
U.S. Treasury Notes	2.000		08/15/2025		19,487,980
U.S. Treasury Notes	0.875		10/15/2018		52,127,536
U.S. Treasury Notes	1.375		10/31/2020		21,363,233
U.S. Treasury Notes	1.875		10/31/2022		11,312,195	(f)
U.S. Treasury Notes	0.625		09/30/2017		43,697,764
Total U.S. Treasury and U.S. Government Agency Debt Obligations					1,750,513,887

Commercial Mortgage-Backed, Corporate Notes and Asset-Backed Securities
Abengoa Finance	8.875		11/01/2017		147,500	(h)
Abengoa Finance	7.750		02/01/2020		138,750	(h)
Abengoa Greenfield	6.500		10/01/2019		110,000	(h)
Actavis Funding SCS	2.350		03/12/2018		10,011,990
American Express	2.375		05/26/2020		9,927,230
Anadarko Petrolium Corp	6.375		09/15/2017		524,301
Anheuser Busch	1.250		01/17/2018		990,651
Apple Inc	2.850		05/06/2021		5,122,810
ATT Inc	1.700		06/01/2017		2,005,480
Bank of America NA	1.750		06/05/2018		9,943,780
Baxalta Inc	2.000		06/22/2018		7,918,024	(h)
BHMS Mortgage	1.769		07/05/2033		25,002,445	(d) (h)
Capital One NA	2.350		08/17/2018		2,505,153
CCO Safari II LLC	3.579		07/23/2020		2,485,680	(h)
CD Commercial Mtg	5.366		12/11/2049		8,165,089	(d)
Celgene Corp	2.125		08/15/2018		7,001,659
Chevron Corp	1.961		03/03/2020		4,929,145

See accompanying notes to schedule of assets on page 24.

- 21 -

GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015


Other Investments, continued
Description	Rate of Interest		Maturity		Fair Value
Commercial Mortgage-Backed, Corporate Notes and Asset-Backed Securities
Citigroup Commercial Mtg	1.081	%	06/15/2033	$	36,615,396	(d) (h)
Citigroup Commercial Mtg	1.381		06/15/2033		27,356,151	(d) (h)
Citigroup Inc	2.050		12/07/2018		4,973,480
Comcast Corp	5.700		05/15/2018		1,093,193
Comm Mtg Trust	1.201		06/11/2027		49,419,815	(d) (h)
CVS Health Corp	1.900		07/20/2018		6,996,395
Danaher Corp	1.650		09/15/2018		6,997,200
Directtv Holdings	1.750		01/15/2018		498,060
Discoverer Bank	2.600		11/13/2018		2,498,508
Eastman Chemical	2.400		06/01/2017		1,005,496
Energy Transfer Partners	2.500		06/15/2018		4,787,625
Freeport Mcmoran Inc	2.150		03/01/2017		915,000
General Motors Co	3.500		10/02/2018		3,030,120
General Motors Co	3.200		07/13/2020		4,923,005
Gilead Sciences Inc	1.850		09/04/2018		7,031,808
Hintington National bank	2.200		11/06/2018		4,986,820
ING Bank NV	2.450		03/16/2020		9,972,590	(h)
Invitation Homes Trust	1.451		09/17/2031		7,361,163	(d) (h)
JP Morgan	5.565		04/15/2043		7,025,555	(d)
JP Morgan	5.953		02/15/2051		17,998,960	(d)
Kraft Heinz	2.000		07/02/2018		9,964,260	(h)
Lockheed Martin Corp	1.850		11/23/2018		4,991,815
Mcdonald Corp	2.100		12/07/2018		5,004,070
Medtronic Inc	1.375		04/01/2018		994,796
Morgan Stanley	5.783		10/15/2042		4,002,904	(d)
Oracle Corp	1.200		10/15/2017		1,000,580
Pepsico Inc	1.250		04/30/2018		498,208
Pepsico Inc	1.000		10/13/2017		4,974,355
Philip Morris Intl	1.250		08/11/2017		8,012,352
Rio Tinto Fin	1.625		08/21/2017		492,848
Shell International Fin	1.625		11/10/2018		4,973,260
Tech Resources Ltd	2.500		02/01/2018		380,000
Toronto Dominion Bank	1.750		07/23/2018		4,993,545
Unitedhealth Group Inc	1.900		07/16/2018		10,032,240
Vendee Mtg	0.127		10/15/2026		65,996	(d) (e)
Verizon Communications	1.350		06/09/2017		1,994,306
Volkswagen Group	2.400		05/22/2020		4,682,260	(h)
Wachovia Bank	5.660		04/15/2047		9,091,099	(d)
Walt Disney	1.100		12/01/2017		996,931
Zimmer Biomet Holdings	2.000		04/01/2018		496,973
Total Commercial Mortgage-Backed, Corporate Notes and Asset-Backed Securities					380,058,825

U.S. Savings Bonds			Units		Fair Value
1984 U.S. SAVINGS BOND EE SERIES			6	$	1,384
1985 U.S. SAVINGS BOND EE SERIES			24		5,535
1986 U.S. SAVINGS BOND EE SERIES			26,567		5,851,826
1987 U.S. SAVINGS BOND EE SERIES			27,285		5,277,015
1988 U.S. SAVINGS BOND EE SERIES			30,247		5,624,793
1989 U.S. SAVINGS BOND EE SERIES			42,345		7,568,165
1990 U.S. SAVINGS BOND EE SERIES			43,699		7,502,676
1991 U.S. SAVINGS BOND EE SERIES			44,491		7,348,204
1992 U.S. SAVINGS BOND EE SERIES			65,693		10,416,913
1993 U.S. SAVINGS BOND EE SERIES			44,230		5,624,045
1994 U.S. SAVINGS BOND EE SERIES			37,658		4,414,595
1995 U.S. SAVINGS BOND EE SERIES			11,229		1,243,390
1996 U.S. SAVINGS BOND EE SERIES			72		7,371
1997 U.S. SAVINGS BOND EE SERIES			106		10,792
1998 U.S. SAVINGS BOND EE SERIES			177		17,784
1999 U.S. SAVINGS BOND EE SERIES			321		25,777
2000 U.S. SAVINGS BOND EE SERIES			405		30,911
2001 U.S. SAVINGS BOND EE SERIES			545		39,462
2002 U.S. SAVINGS BOND EE SERIES			570		39,493
2003 U.S. SAVINGS BOND EE SERIES			1,046		70,090
2004 U.S. SAVINGS BOND EE SERIES			1,530		99,573
2005 U.S. SAVINGS BOND EE SERIES			1,830		126,700
2006 U.S. SAVINGS BOND EE SERIES			2,645		183,862
2007 U.S. SAVINGS BOND EE SERIES			4,094		272,382
2008 U.S. SAVINGS BOND EE SERIES			4,636		268,060
2009 U.S. SAVINGS BOND EE SERIES			7,804		414,692

See accompanying notes to schedule of assets on page 24.

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GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015


Other Investments, continued
Description		Units		Fair Value
U.S. Savings Bonds
2010 U.S. SAVINGS BOND EE SERIES		12,307	$	658,930
2011 U.S. SAVINGS BOND EE SERIES		11,002		570,710
2012 U.S. SAVINGS BOND EE SERIES		10,868		553,866
2013 U.S. SAVINGS BOND EE SERIES		16,632		834,556
2014 U.S. SAVINGS BOND EE SERIES		18,358		921,605
2015 U.S. SAVINGS BOND EE SERIES		27,748		1,387,400
Total U.S. Savings Bonds				67,412,557

Total Other Investments				2,524,200,670

Total Investments				28,156,361,911

Notes Receivable from Participants	Rate of Interest	Maturity		Fair Value

Various (74,761 notes receivable)	3.84 - 9.26%	1 month - 15 years	$	426,454,421	(g)

Total Notes Receivable from Participants				426,454,421

Total Assets (Held at End of Year)			$	28,582,816,332

See accompanying Report of Independent Registered Public Accounting Firm.

See accompanying notes to schedule of assets on page 24.

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GE RETIREMENT SAVINGS PLAN

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)*

As of December 31, 2015



Notes to Schedule of Assets:

(a)	Funds managed by an affiliate of Fidelity Management Trust Company (FMTC).
(b)	Funds managed by GEAM, a wholly owned subsidiary of the Company.
(c)	Coupon amount represents effective yield.
(d)	Variable or floating rate of security. The stated rate represents the rate at December 31, 2015.
(e)	Interest only security. These securities represent the right to receive the monthly interest payments on an underlying pool of mortgages. Payments of principal on the pool reduce the value of the "interest only" holding.
(f)	At December 31, 2015, a portion of this security was pledged to cover collateral requirements for futures.
(g)	Represents a party-in-interest to the Plan.
(h)	Pursuant to Rule 144A of the Securities Act of 1933, as amended, these securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2015, these securities amounted to $181,174,034 or 24.13% of the net assets of the GE RSP Short Term Interest Fund. These securities have been determined to be liquid using procedures established by the Fund's Board of Trustees.
(i)	Sponsored by SSgA Funds Management, Inc., an affiliate of State Street Bank & Trust Co., the Fund's sub-administrator, custodian and accounting agent.

*	Cost omitted for participant directed investments.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

		GE Retirement Savings Plan
June 15, 2016		/s/ Jan R. Hauser
Date		Jan R. Hauser Vice President and Controller General Electric Company