Defined Benefit (Pension) · DOL Form 5500 · 2022
Indianapolis Power & Light Company Pension Plan
Data updated 2026-08-11
- $608M
- Total assets
- 782
- Participants
- 98th
- Percentile by assets
- $777,557
- Avg per participant
Official DOL plan name: Employees' Retirement Plan of Indianapolis Power & Light Company · Sponsored by Indianapolis Power & Light Company · Indiana · Utilities
$608M in assets, 782 participants
Indianapolis Power & Light Company's Employees' Retirement Plan of Indianapolis Power & Light Company reported $608M in total assets and 782 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #630 in Utilities (738 peers)
Where Employees' Retirement Plan of Indianapolis Power & Light Company sits by assets
Employees' Retirement Plan of Indianapolis Power & Light Company sits in the top 5% of all filed plans by assets, $608M for 782 participants (~$777,557/participant), down 25.6% in 2022.
- $608M
- total plan assets (2022 EOY)
- 782
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $777,557
- avg assets per participant
The plan reported a net loss of $209M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Employees' Retirement Plan of Indianapolis Power & Light Company vs the 2022 asset distribution
By assets, Employees' Retirement Plan of Indianapolis Power & Light Company outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 6.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $817M |
|---|---|
| Net Assets (End of Year) | $607M |
| Net Income | -$209M |
| 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 Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Employees' Retirement Plan of Indianapolis Power & Light Company vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
- The Lilly Retirement Plan $11.2B · 16,878
- Cummins Pension Plan $3.2B · 24,119
- Indiana Laborers Pension Fund $1.5B · 9,896
- Elevance Health Cash Balance Plan a $1.2B · 8,650
- Nisource Pension Plan $1.1B · 2,283
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Employees' Retirement Plan of Indianapolis Power & Light Company by total assets, not by location.
- Cement and Concrete Workers DC Pension Fund (NY) $608M · 1,157
- Joint Pension Fund of Local Union No 102 (NJ) $608M · 1,725
- Teamsters Negotiated Pension Plan (MO) $609M · 2,162
- Truck Drivers & Helpers Local Union No. 355 Retirement Plan (MD) $607M · 2,024
Frequently Asked Questions
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Ways to act on Employees' Retirement Plan of Indianapolis Power & Light Company's numbers.
- By total assets, Employees' Retirement 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 Defined Benefit (Pension) 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