401(k) · DOL Form 5500 · 2023

The Aes Corporation 401(k) Plan

Data updated 2026-08-25

$627M
Total assets Above avg plan size
2,197
Participants Above avg headcount
98th
Percentile by assets National rank
$285,458
Avg per participant High balance/head
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Official DOL plan name: The Aes Corporation Retirement Savings Plan · Sponsored by The Aes Corporation · Virginia · Utilities

$627M in assets, 2,197 participants

The Aes Corporation's The Aes Corporation Retirement Savings Plan reported $627M in total assets and 2,197 participants in its 2023 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.

  • #609 in Utilities (721 peers)

Coverage in Virginia

The Aes Corporation Retirement Savings Plan covers 2,197 participants in Virginia, 2.8x the typical Virginia plan (state average ~782 per filing). Assets: $627M.

#609
in Utilities (721 peers)
+19.7%
assets growth YoY
6.3×
vs typical plan assets (national mean)

The Aes Corporation Retirement Savings Plan's outsized position by total assets

The Aes Corporation Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$627,150,629 Top 2% higher than 98% of 127,068 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 2023

The Aes Corporation Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Aes Corporation Retirement Savings Plan lands in the large band (2,197 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Aes Corporation Retirement Savings Plan reported net income rose from -$63M in the plan year 2022 filing to $94M in the plan year 2023 filing.
  • The Aes Corporation Retirement Savings Plan reported participants rose from 1,680 in the plan year 2022 filing to 2,197 in the plan year 2023 filing.
  • The Aes Corporation Retirement Savings Plan end-of-year assets rose from $524M in the plan year 2022 filing to $627M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541163725 · The Aes Corporation PY 2023 · 401(k)

The Aes Corporation Retirement Savings Plan · $627M · 2,197 · 98th

  • SCH $627M
  • SCH 2,197
  • SCH 98th
  • SCH 401(k)
  • SCH near Confluence Health 401(k) Plan and Trust
  • SCH ind #609

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 Virginia →

The Aes Corporation Retirement Savings Plan in the asset neighbourhood

Bentley Systems, Incorporated Profit Sharing/401(k) PlanBentley Systems, Incorporate…$628MToll Brothers 401(k) Savings PlanToll Brothers 401(k) Savings…$627MThe Aes Corporation Retirement Savings PlanThe Aes Corporation Retireme…$627MConfluence Health 401(k) Plan and TrustConfluence Health 401(k) Pla…$627MDelta Dental of California 401(k) PlanDelta Dental of California 4…$626M
End-of-year total assets ($M) among The Aes Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$524M
Net Assets (End of Year)$627M
Net Income$94M
Employer EIN541163725
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Aes Corporation)

Sponsor-wide plan assets over time

All The Aes Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$753M 36.94651725453942% vs 2022
2024 filing year
$500M$600M$700M$800M 202220232024 $550M $753M ▲ +36.9%
Year Plans Participants Total Assets
2022 2 1,680 $550M
2023 2 2,197 $653M
2024 2 2,604 $753M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Aes Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants The Aes Corporation Retirement Savings Plan, Total assets ($B): 0.627150629 · Participants: 2197The Aes Corporation Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
The Aes Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare The Aes Corporation Retirement Savings Plan side-by-side with 3 peers →

The Aes Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Confluence Health 401(k) Plan and Trust in WA ($627M); by covered participants it is Greenway Automotive Group 401(k) Plan in FL (2,197 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($627M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,197 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Aes Corporation Retirement Savings Plan assets move in 2023? ▼
The Aes Corporation Retirement Savings Plan grew sharply - up 19.7% during 2023, from $524M to $627M. Reported net income was $94M.
How have The Aes Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Aes Corporation's sponsor-wide assets grew 36.9%, from $550M to $753M.
Where does The Aes Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
The Aes Corporation Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Aes Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Confluence Health 401(k) Plan and Trust in WA ($627M, 3,668 participants).
Which 401(k) plans cover a similar participant headcount to The Aes Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Greenway Automotive Group 401(k) Plan in FL (2,197 participants, $38M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541163725.

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.