401(k) · DOL Form 5500 · 2022
Indianapolis Power & Light Company 401(k) Plan
Data updated 2026-08-11
- $181M
- Total assets
- 934
- Participants
- 95th
- Percentile by assets
- $194,183
- Avg per participant
Official DOL plan name: Employees' Thrift Plan of Indianapolis Power & Light Company · Sponsored by Indianapolis Power & Light Company · Indiana · Utilities
$181M in assets, 934 participants
Indianapolis Power & Light Company's Employees' Thrift Plan of Indianapolis Power & Light Company reported $181M in total assets and 934 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 139,126 plans)
- #537 in Utilities (738 peers)
Utilities sector rank
Within Utilities, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #537 of 738 2022 filers by assets (296% of the sector average)-$181M for 934 participants.
- $181M
- total plan assets (2022 EOY)
- 934
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $194,183
- avg assets per participant
The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Rank #537 in Utilities
Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #537 by end-of-year assets - about 296% of the sector average of $537M. Nationally it sits in the 95th percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $220M |
|---|---|
| Net Assets (End of Year) | $181M |
| Net Income | -$38M |
| Employer EIN | 350413620 |
| Plan Effective Date | 1960-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Indianapolis Power & Light Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,716 | $793M |
| 2023 | 3 | 1,642 | $790M |
| 2024 | 2 | 1,594 | $760M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Employees' Thrift Plan of Indianapolis Power & Light Company vs. nearby 401(k) plans in Indiana, assets vs. participants
- Elevance Health 401(k) Plan $9.5B · 71,898
- The Lilly Employee 401(k) Plan $8.9B · 15,607
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.0B · 8,632
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Employees' Thrift Plan of Indianapolis Power & Light Company by total assets, not by location.
- Christie Clinic 401(k) Profit Sharing Plan (IL) $181M · 863
- Physicians for Women's Health, LLC Savings and Retirement Plan (CT) $181M · 1,039
- Hrsa-Ila Annuity & Savings Plan (VA) $181M · 2,325
- Liebherr-America Inc. Pension Plan (VA) $181M · 1,251
Frequently Asked Questions
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Filing takeaways
Ways to act on Employees' Thrift Plan of Indianapolis Power & Light Company's numbers.
- By total assets, Employees' Thrift Plan of Indianapolis Power & Light Company ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- Indianapolis Power & Light Company's sponsor-wide assets have declined 4.2% since 2022 across 3 plan years on file. More Utilities plans