401(k) · DOL Form 5500 · 2023
Indianapolis Power & Light Company 401(k) Plan
Data updated 2026-08-11
- $198M
- Total assets
- 905
- Participants
- 95th
- Percentile by assets
- $218,616
- Avg per participant
Official DOL plan name: Employees' Thrift Plan of Indianapolis Power & Light Company · Sponsored by Indianapolis Power & Light Company · Ohio · Utilities
$198M in assets, 905 participants
Indianapolis Power & Light Company's Employees' Thrift Plan of Indianapolis Power & Light Company reported $198M in total assets and 905 participants in its 2023 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 127,072 plans)
- #516 in Utilities (721 peers)
Utilities sector rank
Within Utilities, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #516 of 721 2023 filers by assets (271% of the sector average)-$198M for 905 participants.
- $198M
- total plan assets (2023 EOY)
- 905
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $218,616
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Employees' Thrift Plan of Indianapolis Power & Light Company reported net income rose from -$38M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Employees' Thrift Plan of Indianapolis Power & Light Company end-of-year assets rose from $181M in the plan year 2022 filing to $198M in the plan year 2023 filing.
- Employees' Thrift Plan of Indianapolis Power & Light Company reported participants fell from 934 in the plan year 2022 filing to 905 in the plan year 2023 filing.
Rank #516 in Utilities
Among 721 Utilities plans that filed a Form 5500 for plan year 2023, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #516 by end-of-year assets - about 271% 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) | $181M |
|---|---|
| Net Assets (End of Year) | $198M |
| Net Income | $13M |
| 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 Ohio
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 Ohio, assets vs. participants
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
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.
- Helpside Inc. 401(k) Plan (UT) $198M · 9,844
- Sandy Spring Bank 401(k) Plan (MD) $198M · 1,133
- Navistar, Inc. 401(k) Plan for Represented Employees (IL) $198M · 3,000
- Centrus Savings Program (MD) $198M · 275
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 Ohio. 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