Defined Benefit (Pension) · DOL Form 5500 · 2022

Indianapolis Power & Light Company Pension Plan

Data updated 2026-08-25

$608M
Total assets Above avg plan size
782
Participants Near avg headcount
98th
Percentile by assets National rank
$777,557
Avg per participant High balance/head
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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.

  • #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.

#630
in Utilities (738 peers)
-25.6%
assets change YoY
6.1×
vs typical plan assets (national mean)

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's outsized position by total assets

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

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

$608,049,703 Top 2% higher than 98% 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' Retirement 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' Retirement Plan of Indianapolis Power & Light Company sits mid-pack in the medium band (782 participants).

DOL schedule card

Filing strip 350413620 · Indianapolis Power & Light Company PY 2022 · Defined Benefit (Pension)

Employees' Retirement Plan of Indianapolis Power & Light Company · $608M · 782 · 98th

  • IND $608M
  • EOY 782
  • 5500 98th
  • ASSETS Defined Benefit (Pension)
  • PCT near Cement and Concrete Workers DC Pension Fund
  • EIN ind #630

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

Teamsters Negotiated Pension PlanTeamsters Negotiated Pension…$609MCement and Concrete Workers DC Pension FundCement and Concrete Workers …$608MEmployees' Retirement Plan of Indianapolis Power & Light CompanyEmployees' Retirement Plan o…$608MJoint Pension Fund of Local Union No 102Joint Pension Fund of Local …$608MTruck Drivers & Helpers Local Union No. 355 Retirement PlanTruck Drivers & Helpers Loca…$607M
End-of-year total assets ($M) among Employees' Retirement Plan of Indianapolis Power & Light Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$817M
Net Assets (End of Year)$607M
Net Income-$209M
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 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 Scatter plot of 6 data points. -100000100002000030000 051015 Total assets ($B) Participants Employees' Retirement Plan of Indianapolis Power & Light Company, Total assets ($B): 0.608049703 · Participants: 782Employees' Retirement Plan of Indianapolis Power & Light CompanyThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Employees' Retirement Plan of Indianapolis Power & Light Company vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Employees' Retirement Plan of Indianapolis Power & Light Company side-by-side with 3 peers →

Employees' Retirement Plan of Indianapolis Power & Light Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Cement and Concrete Workers DC Pension Fund in NY ($608M); by covered participants it is I.U.O.E. Local 57 Pension Plan in RI (782 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($608M here).

Similar participant headcount

Nearest other-state filings by covered participants (782 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' Retirement Plan of Indianapolis Power & Light Company assets move in 2022? ▼
Employees' Retirement Plan of Indianapolis Power & Light Company declined sharply - down 25.6% during 2022, from $817M to $608M. Reported net income was -$209M.
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' Retirement Plan of Indianapolis Power & Light Company rank by assets among Form 5500 filers? ▼
Employees' Retirement Plan of Indianapolis Power & Light Company ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Employees' Retirement Plan of Indianapolis Power & Light Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement and Concrete Workers DC Pension Fund in NY ($608M, 1,157 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Employees' Retirement Plan of Indianapolis Power & Light Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is I.U.O.E. Local 57 Pension Plan in RI (782 participants, $202M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 350413620.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.