401(k) · DOL Form 5500 · 2024

The Aes Corporation 401(k) Plan

Data updated 2026-08-11

$728M
Total assets
2,604
Participants
98th
Percentile by assets
$279,643
Avg per participant
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Official DOL plan name: The Aes Corporation Retirement Savings Plan · Sponsored by The Aes Corporation · Virginia · Utilities

$728M in assets, 2,604 participants

The Aes Corporation's The Aes Corporation Retirement Savings Plan reported $728M in total assets and 2,604 participants in its 2024 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 123,622 plans)
  • #617 in Utilities (732 peers)

Coverage in Virginia

The Aes Corporation Retirement Savings Plan covers 2,604 participants in Virginia, 3.3x the typical Virginia plan (state average ~782 per filing). Assets: $728M.

$728M
total plan assets (2024 EOY)
2,604
covered participants
98th
percentile by assets (of 123,622 plans)
$279,643
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Aes Corporation Retirement Savings Plan reported participants rose from 2,197 in the plan year 2023 filing to 2,604 in the plan year 2024 filing.
  • The Aes Corporation Retirement Savings Plan end-of-year assets rose from $627M in the plan year 2023 filing to $728M in the plan year 2024 filing.
  • The Aes Corporation Retirement Savings Plan reported net income rose from $94M in the plan year 2023 filing to $101M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. The Aes Corporation Retirement Savings Plan reports 2,604 participants - 3.3x that state average ($728M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$627M
Net Assets (End of Year)$728M
Net Income$101M
Employer EIN541163725
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Aes Corporation)

$500M$600M$700M$800M 202220232024 $550M $753M ▲ +36.9%
Total plan assets by year, all The Aes Corporation plans on file
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

The Aes Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants The Aes Corporation …Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
The Aes Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Aes Corporation Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Aes Corporation Retirement Savings Plan assets move in 2024?
The Aes Corporation Retirement Savings Plan grew sharply - up 16.1% during 2024, from $627M to $728M. Reported net income was $101M.
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 123,622 plans that reported assets for plan year 2024 (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 Toll Brothers 401(k) Savings Plan in PA ($728M, 4,361 participants).

Next read for The Aes Corporation Retirement Savings P…

Filing takeaways

Ways to act on The Aes Corporation Retirement Savings Plan's numbers.

  • By total assets, The Aes Corporation Retirement Savings Plan 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 Virginia. Compare plans
  • The Aes Corporation's sponsor-wide assets have grown 36.9% since 2022 across 3 plan years on file. More Utilities plans