Plan Snapshot
- Plan Sponsor: Indianapolis Power & Light Company
- Sponsor EIN: 350413620
- Sponsor Address: 1065 WOODMAN DRIVE, DAYTON, OH, 45432
- Plan Type: 401(k)
- Total Participants: 904
- Total Assets: $204.1M
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 | 904 | $204.1M | $4.0M | $7.9M |
| 2023 | 894 | $197.8M | $3.7M | $7.4M |
| 2022 | 905 | $181.4M | $3.9M | $7.3M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $76,279 | — | $76,279 |
| CAPITAL CITIES, LLC | NONE | $45,000 | — | $45,000 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,279
- Estimated Expense Ratio: 0.059% 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 | $123,646 | $45,000 | — | — | — |
| 2023 | $123,044 | $11,250 | — | — | — |
| 2022 | $120,181 | — | — | — | $46,200 |