Plan Snapshot
- Plan Sponsor: American Electric Power Service Corporation
- Sponsor EIN: 134922641
- Sponsor Address: 1 RIVERSIDE PLAZA, COLUMBUS, OH, 43215
- Plan Type: DB
- Total Participants: 15,217
- Total Assets: $4.1B
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 | 15,217 | $4.1B | $94.7M | $0 |
| 2023 | 16,073 | $4.5B | $0 | $0 |
| 2022 | 15,595 | $4.5B | $0 | $0 |
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 |
|---|---|---|---|---|
| TELUS HEALTH | Other Service Provider | $1,353,576 | — | $1,353,576 |
| JENNISON ASSOCIATES | Other Service Provider | $1,207,718 | — | $1,207,718 |
| POLARIS CAPITAL MANAGEMENT | Other Service Provider | $1,044,845 | — | $1,044,845 |
| SANDS CAPITAL MANAGEMENT | Other Service Provider | $1,024,955 | — | $1,024,955 |
| TOWNSEND | Other Service Provider | $947,655 | — | $947,655 |
| VONTOBEL | Other Service Provider | $938,462 | — | $938,462 |
| J.P.MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $875,826 | — | $875,826 |
| WELLINGTON | Other Service Provider | $857,909 | — | $857,909 |
| RIVER & MERCANTILE | Other Service Provider | $850,653 | — | $850,653 |
| BNY MELLON | Other Service Provider | $805,495 | — | $805,495 |
| HAMILTON LANE | Other Service Provider | $661,125 | — | $661,125 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $274,174 | — | $274,174 |
| AON INVESTMENTS USA INC. | Other Service Provider | $210,147 | — | $210,147 |
| FRANKLIN TEMPLETON INSTITUTIONAL | Other Service Provider | $187,776 | — | $187,776 |
| JP MORGAN CHASE BANK | Recordkeeper | $144,418 | — | $144,418 |
| ARIEL INVESTMENTS, LLC | Other Service Provider | $131,604 | — | $131,604 |
| WILLIS TOWERS WATSON ACTUARY SVC | Recordkeeper | $115,390 | — | $115,390 |
| MELLON CAPITAL MANAGEMENT | Other Service Provider | $114,984 | — | $114,984 |
| BDO USA, P.C. | Auditor | $105,194 | — | $105,194 |
| BUSINESS SOLVER | Other Service Provider | $57,875 | — | $57,875 |
| PORTER, WRIGHT, MORRIS & ARTHUR LLP | Other Service Provider | $12,268 | — | $12,268 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P.MORGAN INVESTMENT MANAGEMENT — Recordkeeper
- JP MORGAN CHASE BANK — Recordkeeper
- WILLIS TOWERS WATSON ACTUARY SVC — Recordkeeper
- 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: $11,922,049
- Estimated Expense Ratio: 0.292% 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 | $17,599,420 | $8,210,479 | — | $105,195 | — |
| 2023 | $22,618,591 | $10,278,408 | — | $110,176 | — |
| 2022 | $19,594,303 | $9,479,045 | — | — | -$228,733 |