Employers › Indianapolis Power & Light
Recordkeeping fees per participant · Employees' Thrift Plan of Indianapolis Power & Light Company · plan year 2024
$72.03
Higher than 52% of the 5,847 plans $50 to 250M that report it.
= $76,279 / 1,059
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630081612NAL0006507955001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630081612NAL0006507955001, received 2025-06-30
Percentiles compare this plan with the Schedule H plans $50 to 250M 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
$74.26
Higher than 38% of the 8,758 plans $50 to 250M that report it.
= $78,646 / 1,059
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630081612NAL0006507955001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630081612NAL0006507955001, received 2025-06-30
Administrative expenses per participant
$116.76
Higher than 43% of the 9,042 plans $50 to 250M that report it.
= $123,646 / 1,059
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630081612NAL0006507955001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630081612NAL0006507955001, received 2025-06-30
Administrative expenses as a share of assets
0.061%
Higher than 24% of the 9,049 plans $50 to 250M that report it.
= $123,646 / $204,113,355
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630081612NAL0006507955001, received 2025-06-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630081612NAL0006507955001, received 2025-06-30
Employer contributions per participant
$3,768
Higher than 66% of the 9,105 plans $50 to 250M that report it.
= $3,990,427 / 1,059
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630081612NAL0006507955001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630081612NAL0006507955001, received 2025-06-30
Employer share of total contributions
33.5%
Higher than 63% of the 9,112 plans $50 to 250M that report it.
= $3,990,427 / $11,895,237
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630081612NAL0006507955001, received 2025-06-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630081612NAL0006507955001, received 2025-06-30
Plan terms are described in Indianapolis Power & Light Company's SEC filings: Form 10-K filed 1999-02-25. No term could be quoted from them with the required precision.
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 20250630081612NAL0006507955001, received 2025-06-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INDIANAPOLIS POWER & LIGHT COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Plan name | EMPLOYEES' THRIFT PLAN OF INDIANAPOLIS POWER & LIGHT COMPANY | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Sponsor EIN / plan number | 35-0413620 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Sponsor location | DAYTON, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250630081612NAL0006507955001, 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 20250630081612NAL0006507955001, received 2025-06-30 |
| Filing received | 2025-06-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Participants, beginning of year | 1,071 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Active participants | 904 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Participants, end of year | 1,073 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Participants with an account balance | 1,059 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total assets, beginning of year | $197,847,563 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total assets, end of year | $204,113,355 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Net assets, end of year | $204,113,355 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total income | $32,637,337 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Net income | $6,340,474 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Employer contributions | $3,990,427 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Participant contributions | $7,869,434 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Other contributions (incl. rollovers) | $35,376 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total contributions | $11,895,237 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Benefit payments | $26,173,217 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total expenses (incl. benefit payments) | $26,296,863 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Total administrative expenses | $123,646 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Recordkeeping fees | $76,279 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Investment advisory and management fees | $45,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Administrative expenses excluding investment management | $78,646 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Held in common/collective trusts | $165,412,160 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Held in mutual funds | $18,249,211 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250630081612NAL0006507955001, received 2025-06-30 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250630081612NAL0006507955001, received 2025-06-30 |
Position = column in the DOL layout for form year 2024. Filing 20250630081612NAL0006507955001, 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 | $76,279 | yes |
| CAPITAL CITIES, LLC | NONE | 16 Consulting (general); 27 Investment advisory (plan); 50 Direct payment from the plan | $45,000 | 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 | $1,024 | yes |
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 20250630081612NAL0006507955001, received 2025-06-30.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $197,847,563 | $204,113,355 | 3.2% |
| Participants with a balance | 1,056 | 1,059 | 0.3% |
| Administrative expenses | $123,044 | $123,646 | 0.5% |
| Recordkeeping fees per participant | $73.10 | $72.03 | -1.5% |
| Employer contributions | $3,720,625 | $3,990,427 | 7.3% |
Prior filing 20240717140155NAL0002443923001, received 2024-07-17; the plan years are contiguous.
Sponsor name as filed: INDIANAPOLIS POWER & LIGHT COMPANY; SEC registrant: INDIANAPOLIS POWER & LIGHT CO (CIK 50217, matched by EIN).