Plan Snapshot
- Plan Sponsor: American Electric Power Service Corporation
- Sponsor EIN: 134922641
- Sponsor Address: 1 RIVERSIDE PLAZA, COLUMBUS, OH, 43215
- Plan Type: 401(k)
- Total Participants: 16,345
- Total Assets: $5.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16,345 | $5.2B | $81.3M | $186.3M |
| 2023 | 17,531 | $5.2B | $86.8M | $198.4M |
| 2022 | 17,291 | $4.7B | $81.1M | $187.2M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $104,424 | — | $104,424 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,424
- Estimated Expense Ratio: 0.002% 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 | $6,963,194 | $6,251,528 | $12,540 | $104,424 | — |
| 2023 | $6,757,797 | $5,912,098 | $17,820 | $107,910 | — |
| 2022 | $6,906,642 | $5,960,347 | — | — | $596,295 |