401(k) · DOL Form 5500 · 2024

Indianapolis Power & Light Company 401(k) Plan

Data updated 2026-08-11

$204M
Total assets
887
Participants
94th
Percentile by assets
$230,117
Avg per participant
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Official DOL plan name: Employees' Thrift Plan of Indianapolis Power & Light Company · Sponsored by Indianapolis Power & Light Company · Ohio · Utilities

$204M in assets, 887 participants

Indianapolis Power & Light Company's Employees' Thrift Plan of Indianapolis Power & Light Company reported $204M in total assets and 887 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #512 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #512 of 732 2024 filers by assets (263% of the sector average)-$204M for 887 participants.

$204M
total plan assets (2024 EOY)
887
covered participants
94th
percentile by assets (of 123,622 plans)
$230,117
avg assets per participant

Where Employees' Thrift Plan of Indianapolis Power & Light Company sits by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$204,113,355 Top 6% higher than 94% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Employees' Thrift Plan of Indianapolis Power & Light Company reported net income fell from $13M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Employees' Thrift Plan of Indianapolis Power & Light Company end-of-year assets rose from $198M in the plan year 2023 filing to $204M in the plan year 2024 filing.
  • Employees' Thrift Plan of Indianapolis Power & Light Company reported participants fell from 905 in the plan year 2023 filing to 887 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Ohio
Industry
Utilities

Rank #512 in Utilities

Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Employees' Thrift Plan of Indianapolis Power & Light Company ranks #512 by end-of-year assets - about 263% of the sector average of $537M. Nationally it sits in the 94th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$198M
Net Assets (End of Year)$204M
Net Income$6M
Employer EIN350413620
Plan Effective Date1960-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Indianapolis Power & Light Company)

$750M$760M$770M$780M$790M$800M 202220232024 $793M $760M ▼ -4.2%
Total plan assets by year, all Indianapolis Power & Light Company plans on file
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 Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Employees' Thrift Pl…, Total assets ($B): 0.204113355 · Participants: 887Employees' Thrift Pl…GE Aerospace Retirem…, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirem…The Kroger Co. 401(k…, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k…The Progressive 401(…, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(…The Sherwin-Williams…, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams…Parker Retirement Sa…, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Sa…
Employees' Thrift Plan of Indianapolis Power & Light Company vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Employees' Thrift Plan of Indianapolis P… side-by-side with 3 peers →

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.

Frequently Asked Questions

How did Employees' Thrift Plan of Indianapolis Power & Light Company assets move in 2024? ▼
Employees' Thrift Plan of Indianapolis Power & Light Company edged up modestly - up 3.2% during 2024, from $198M to $204M. Reported net income was $6M.
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 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% 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 Confluent Health, LLC 401(k) Profit Sharing Plan in KY ($204M, 7,445 participants).

Next read for Employees' Thrift Plan of Indianapolis P…

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 10% 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.