Indianapolis Power & Light Company 401(k) Plan: Login, Facts & Contact Information

Indianapolis Power & Light Company 401(k) Plan Facts

Plan name
EMPLOYEES' THRIFT PLAN OF INDIANAPOLIS POWER & LIGHT COMPANY
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
INDIANAPOLIS POWER & LIGHT COMPANY
Participants
1,071 (904 active employees)
Former employees with a balance
99
Plan assets
$204,113,355 at Dec 31, 2024
Average account balance
$192,742 across 1,059 accounts
Employer contributions
$3,990,427 in plan year 2024 (34% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 1, 1960
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.9 million went into the plan in contributions, $3.99 million of it from the employer (34%).
  • $26.2 million was paid out to participants.
  • Investment and other income added $20.7 million.
  • Administrative expenses were $123,646, about $117 per account.

How the Indianapolis Power & Light Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,152$189.8 million$3.23 million$20.5 million
20201,160$207.7 million$3.49 million$19.6 million
20211,163$219.7 million$3.49 million$22.7 million
20221,115$181.4 million$3.86 million$21.0 million
20231,075$197.8 million$3.72 million$21.6 million
20241,071$204.1 million$3.99 million$26.2 million

Indianapolis Power & Light Company 401(k) Contact Information

Phone
937-259-7374
Mailing address
1065 WOODMAN DRIVE, DAYTON OH 45432
Plan sponsor
INDIANAPOLIS POWER & LIGHT COMPANY
Employer identification number (EIN)
35-0413620
Plan number
003

Questions about the Indianapolis Power & Light Company 401(k)

Does Indianapolis Power & Light Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.99 million, 34% of all contributions.

Does the Indianapolis Power & Light Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Indianapolis Power & Light Company 401(k) plan?

1,071 participants at the start of plan year 2024, 904 of them active employees, and 99 former employees who still had money in the plan.

What is the average 401(k) balance at Indianapolis Power & Light Company?

About $192,742 per account: $204.1 million in plan assets across 1,059 accounts with a balance at the end of plan year 2024.

Who manages the Indianapolis Power & Light Company 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Indianapolis Power & Light Company. How do I access my 401(k)?

Your account stays with T. Rowe Price after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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