401(k) · DOL Form 5500 · 2022

Indianapolis Power & Light Company 401(k) Plan

Data updated 2026-08-25

$181M
Total assets Near avg plan size
934
Participants Near avg headcount
95th
Percentile by assets National rank
$194,183
Avg per participant Above avg balance/head
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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.

  • #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.

#537
in Utilities (738 peers)
-17.4%
assets change YoY
1.8×
vs typical plan assets (national mean)

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.

Employees' Thrift Plan of Indianapolis Power & Light Company's outsized position by total assets

Employees' Thrift Plan of Indianapolis Power & Light Company vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$181,366,885 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Employees' Thrift Plan of Indianapolis Power & Light Company among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employees' Thrift Plan of Indianapolis Power & Light Company sits mid-pack in the medium band (934 participants).

EBSA filing schedule strip

Filing strip 350413620 · Indianapolis Power & Light Company PY 2022 · 401(k)

Employees' Thrift Plan of Indianapolis Power & Light Company · $181M · 934 · 95th

  • PHOTO $181M
  • IND 934
  • EOY 95th
  • 5500 401(k)
  • ASSETS near Christie Clinic 401(k) Profit Sharing Plan
  • PCT ind #537

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Indiana →

Employees' Thrift Plan of Indianapolis Power & Light Company in the asset neighbourhood

Liebherr-America Inc. Pension PlanLiebherr-America Inc. Pensio…$181MPhysicians for Women's Health, LLC Savings and Retirement PlanPhysicians for Women's Healt…$181MChristie Clinic 401(k) Profit Sharing PlanChristie Clinic 401(k) Profi…$181MEmployees' Thrift Plan of Indianapolis Power & Light CompanyEmployees' Thrift Plan of In…$181MHrsa-Ila Annuity & Savings PlanHrsa-Ila Annuity & Savings P…$181M
End-of-year total assets ($M) among Employees' Thrift Plan of Indianapolis Power & Light Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$220M
Net Assets (End of Year)$181M
Net Income-$38M
Employer EIN350413620
Plan Effective Date1960-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Indianapolis Power & Light Company)

Sponsor-wide plan assets over time

All Indianapolis Power & Light Company plans reported in each filing year

Latest sponsor-wide plan assets
$760M 4.162778564345253% vs 2022
2024 filing year
$750M$760M$770M$780M$790M$800M 202220232024 $793M $760M ▼ -4.2%
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 Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Employees' Thrift Plan of Indianapolis Power & Light Company, Total assets ($B): 0.181366885 · Participants: 934Employees' Thrift Plan of Indianapolis Power & Light CompanyElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Employees' Thrift Plan of Indianapolis Power & Light Company vs. nearby 401(k) plans in Indiana, assets vs. participants

Employees' Thrift Plan of Indianapolis Power & Light Company's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Christie Clinic 401(k) Profit Sharing Plan in IL ($181M); by covered participants it is Datarobot 401(k) Plan in MA (934 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($181M here).

Similar participant headcount

Nearest other-state filings by covered participants (934 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Employees' Thrift Plan of Indianapolis Power & Light Company assets move in 2022? ▼
Employees' Thrift Plan of Indianapolis Power & Light Company declined sharply - down 17.4% during 2022, from $220M to $181M. Reported net income was -$38M.
How have Indianapolis Power & Light Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Indianapolis Power & Light Company's sponsor-wide assets declined 4.2%, from $793M to $760M.
Where does Employees' Thrift Plan of Indianapolis Power & Light Company rank by assets among Form 5500 filers? ▼
Employees' Thrift Plan of Indianapolis Power & Light Company ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Employees' Thrift Plan of Indianapolis Power & Light Company? ▼
Among 401(k) plans in other states, the closest by assets is Christie Clinic 401(k) Profit Sharing Plan in IL ($181M, 863 participants).
Which 401(k) plans cover a similar participant headcount to Employees' Thrift Plan of Indianapolis Power & Light Company? ▼
Among 401(k) plans in other states, the closest by covered participants is Datarobot 401(k) Plan in MA (934 participants, $33M in assets).