# American Electric Power Service Corporation Health & Welfare Plan
Source: https://planprovider.pro/companies/american-electric-power-service-corporation-134922641-501

> American Electric Power Service Corporation's Health & Welfare plan: 14,973 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** American Electric Power Service Corporation

- **Sponsor EIN:** 134922641

- **Sponsor Address:** 1 RIVERSIDE PLAZA, COLUMBUS, OH, 43215

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 14,973

- **Total Assets:** $1.4B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|14,973|$1.4B|$254.3M|$102.7M|

| 2023|17,206|$1.3B|$232.1M|$102.2M|

| 2022|17,158|$1.2B|$219.6M|$102.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| QUANTUM|Other Service Provider|$4,729,108|—|$4,729,108|

| ANTHEM BLUE CROSS & BLUE SHIELD|Other Service Provider|$4,511,110|—|$4,511,110|

| AMERIBEN / IEC GROUP|Other Service Provider|$3,920,475|—|$3,920,475|

| OPTUMRX, INC.|Other Service Provider|$3,033,102|$179,685|$3,212,787|

| BUSINESSSOLVER|Other Service Provider|$1,424,007|—|$1,424,007|

| SHARECARE INC /HEALTHWAYS|Other Service Provider|$617,221|—|$617,221|

| NISA INVESTMENT SERVICES|Other Service Provider|$494,414|—|$494,414|

| BANK OF NEW YORK MELLON|Other Service Provider|$449,393|—|$449,393|

| AETNA LIFE INSURANCE CO.|Other Service Provider|$422,414|—|$422,414|

| POLARIS CAPITAL MANAGEMENT|Other Service Provider|$358,816|—|$358,816|

| VONTOBEL ASSET MANAGEMENT, INC.|Other Service Provider|$349,957|—|$349,957|

| PSG CONSULTING LLC|Other Service Provider|$344,000|—|$344,000|

| RIVER GLOBAL INVESTORS LLP|Other Service Provider|$339,319|—|$339,319|

| SANDS CAPITAL MANAGEMENT, LLC|Other Service Provider|$328,169|—|$328,169|

| BDO USA, P.C.|Auditor|$245,878|—|$245,878|

| WILLIS TOWERS WATSON US LLC|Recordkeeper|$211,690|—|$211,690|

| AON INVESTMENTS USA INC.|Other Service Provider|$188,497|—|$188,497|

| JP MORGAN INVESTMENT MANAGEMENT|Recordkeeper|$180,475|—|$180,475|

| WELLINGTON MANAGEMENT COMPANY, LLP|Other Service Provider|$106,697|—|$106,697|

| KAISER CONSULTING, LLC|Other Service Provider|$50,051|—|$50,051|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDO USA, P.C.](https://planprovider.pro/provider/bdo-usa-pc) — Auditor

- [WILLIS TOWERS WATSON US LLC](https://planprovider.pro/provider/lincoln-financial-group) — Recordkeeper

- [JP MORGAN INVESTMENT MANAGEMENT](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $22,484,478

- **Estimated Expense Ratio:** 1.586% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$34,344,398|$2,795,737|$19,001,437|$245,878|—|

| 2023|$30,296,507|$1,977,063|$17,822,652|$171,023|—|

| 2022|$23,569,292|$2,655,324|$11,150,312|—|$405,215|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/american-electric-power-service-corporation-134922641-501)

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