Employers › AES
Recordkeeping fees per participant · The AES Corporation Retirement Savings Plan · plan year 2024
$54.41
Higher than 57% of the 1,697 plans $250M to 1B that report it.
= $202,252 / 3,717
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630082524NAL0006510419001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630082524NAL0006510419001, received 2025-06-30
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-30.
Administrative expenses excluding investment management, per participant
$54.48
Higher than 36% of the 2,324 plans $250M to 1B that report it.
= $202,507 / 3,717
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630082524NAL0006510419001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630082524NAL0006510419001, received 2025-06-30
Administrative expenses per participant
$67.23
Higher than 34% of the 2,405 plans $250M to 1B that report it.
= $249,906 / 3,717
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630082524NAL0006510419001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630082524NAL0006510419001, received 2025-06-30
Administrative expenses as a share of assets
0.034%
Higher than 21% of the 2,407 plans $250M to 1B that report it.
= $249,906 / $728,189,756
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630082524NAL0006510419001, received 2025-06-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630082524NAL0006510419001, received 2025-06-30
Employer contributions per participant
$10,602
Higher than 95% of the 2,457 plans $250M to 1B that report it.
= $39,406,257 / 3,717
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630082524NAL0006510419001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630082524NAL0006510419001, received 2025-06-30
Employer share of total contributions
45.7%
Higher than 86% of the 2,459 plans $250M to 1B that report it.
= $39,406,257 / $86,200,419
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630082524NAL0006510419001, received 2025-06-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630082524NAL0006510419001, received 2025-06-30
Employer match
“Employer-matching contributions are made in an amount equal to current employee contributions up to a maximum of 5% for certain union employees; and 4% for other eligible employees.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“The Plan is a defined contribution plan, and certain employees become eligible to participate in the Plan immediately upon date of employment.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“All eligible employees (including union and nonunion employees) vest at a rate of 20% per year and become fully vested in the Plan after five years of uninterrupted service related to employer contributions.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“If automatically enrolled, a participant’s deferral is set to 4% of eligible compensation until changed by the participant.”
Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250630082524NAL0006510419001, received 2025-06-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE AES CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Plan name | THE AES CORPORATION RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Sponsor EIN / plan number | 54-1163725 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Sponsor location | ARLINGTON, VA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Filing received | 2025-06-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Participants, beginning of year | 3,555 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Active participants | 2,968 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Participants, end of year | 3,945 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Participants with an account balance | 3,717 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total assets, beginning of year | $627,150,629 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total assets, end of year | $728,189,756 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Net assets, end of year | $728,189,756 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total income | $167,771,054 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Net income | $100,848,525 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Employer contributions | $39,406,257 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Participant contributions | $35,035,108 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Other contributions (incl. rollovers) | $11,759,054 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total contributions | $86,200,419 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Benefit payments | $66,672,623 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total expenses (incl. benefit payments) | $66,922,529 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Total administrative expenses | $249,906 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Recordkeeping fees | $202,252 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Investment advisory and management fees | $47,399 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Administrative expenses excluding investment management | $202,507 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Held in common/collective trusts | $527,740,064 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Held in mutual funds | $64,519,324 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250630082524NAL0006510419001, received 2025-06-30 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250630082524NAL0006510419001, received 2025-06-30 |
Position = column in the DOL layout for form year 2024. Filing 20250630082524NAL0006510419001, received 2025-06-30.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 33 Securities brokerage; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $202,252 | yes |
| CAPITAL CITIES, LLC | NONE | 16 Consulting (general); 27 Investment advisory (plan); 50 Direct payment from the plan | $45,000 | no |
| AT INVESTMENT ADVISERS INC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $13,434 | no |
| MORNINGSTAR INVESTMENT SERVICE | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $11,733 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 71 Securities brokerage commissions and fees | $10,499 | yes |
| FISHER INVESTMENTS | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $5,307 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250630082524NAL0006510419001, received 2025-06-30.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $627,150,629 | $728,189,756 | 16.1% |
| Participants with a balance | 3,506 | 3,717 | 6.0% |
| Administrative expenses | $230,382 | $249,906 | 8.5% |
| Recordkeeping fees per participant | $52.79 | $54.41 | 3.1% |
| Employer contributions | $31,427,031 | $39,406,257 | 25.4% |
Prior filing 20240715121021NAL0001231505001, received 2024-07-15; the plan years are contiguous.
Sponsor name as filed: THE AES CORPORATION; SEC registrant: AES CORP (CIK 874761, matched by EIN; display name from the Form 11-K cover).