Defined Benefit (Pension) · DOL Form 5500 · 2024

American Electric Power Service Corporation Pension Plan

Data updated 2026-08-06

$4.1B
Total assets
16,073
Participants
100th
Percentile by assets
$254,203
Avg per participant
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Official DOL plan name: American Electric Power System Retirement Plan · Sponsored by American Electric Power Service Corporation · Ohio · Utilities

$4.1B in assets, 16,073 participants

American Electric Power Service Corporation's American Electric Power System Retirement Plan reported $4.1B in total assets and 16,073 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)
  • #680 in Utilities (707 peers)

Coverage in Ohio

American Electric Power System Retirement Plan covers 16,073 participants in Ohio, 20x the typical Ohio plan (state average ~787 per filing). Assets: $4.1B.

$4.1B
total plan assets (2024 EOY)
16,073
covered participants
100th
percentile by assets (of 116,472 plans)
$254,203
avg assets per participant

The plan reported a net loss of $377M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Electric Power System Retirement Plan reported net income fell from -$11M in the plan year 2023 filing to -$377M in the plan year 2024 filing.
  • American Electric Power System Retirement Plan end-of-year assets fell from $4.5B in the plan year 2023 filing to $4.1B in the plan year 2024 filing.
  • American Electric Power System Retirement Plan reported participants rose from 15,595 in the plan year 2023 filing to 16,073 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. American Electric Power System Retirement Plan reports 16,073 participants - 20x that state average ($4.1B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$4.5B
Net Assets (End of Year)$4.0B
Net Income-$377M
Employer EIN134922641
Plan Effective Date1940-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Electric Power Service Corporation)

$9B$9.2B$9.4B$9.6B$9.8B 202220232024 $9.17B $9.28B ▲ +1.2%
Total plan assets by year, all American Electric Power Service Corporation plans on file
Year Plans Participants Total Assets
2022 2 32,822 $9.2B
2023 2 32,886 $9.6B
2024 2 33,604 $9.3B

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

American Electric Power System Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

American Electric Power System Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 05101520 Total assets ($B) Participants American Electric Po…GE Aerospace Pension…Firstenergy Corp. Ma…Parker Defined Benef…Nationwide Retiremen…Laborers District Co…
American Electric Power System Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Scale composition for American Electric Power System Retirement Plan

American Electric Power System Retirement Plan reports $4.1B in end-of-year assets across 16,073 participants (0.035% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.018% of 89,805,449 covered participants) - about $254,203 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was -$377M.

This plan identity (EIN 134922641, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.5B to $4.1B (-9.2%) while covered participants moved from 15,837 to 16,073 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,837 $4.5B Open filing
2023 15,595 $4.5B Open filing
2024 · index core 16,073 $4.1B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to American Electric Power System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did American Electric Power System Retirement Plan assets move in 2024?
American Electric Power System Retirement Plan pulled back noticeably - down 8.7% during 2024, from $4.5B to $4.1B. Reported net income was -$377M.
How have American Electric Power Service Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), American Electric Power Service Corporation's sponsor-wide assets grew 1.2%, from $9.2B to $9.3B.
Where does American Electric Power System Retirement Plan rank by assets among Form 5500 filers?
American Electric Power System Retirement Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to American Electric Power System Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is General Dynamics Retirement Plan (Electric Boat and Mission Systems) in VA ($4.1B, 7,035 participants).

Next read for American Electric Power System Retiremen…

Filing takeaways

Ways to act on American Electric Power System Retirement Plan's numbers.

  • By total assets, American Electric Power System Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • American Electric Power Service Corporation's sponsor-wide assets have grown 1.2% since 2022 across 3 plan years on file. More Utilities plans