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Original filing (PDF)20251015090232NAL0002056243001
INDIANAPOLIS POWER & LIGHT COMPANY
Form 5500
FILING_RECEIVED
EMPLOYEES' RETIREMENT PLAN OF INDIANAPOLIS POWER & LIGHT COMPANY
Defined-benefit pension plan
Signals · 2
48% in single holdingNo recordkeeper disclosed
Active participants
690
Accounts w/ balance
—
Plan assets (EOY)
$555.6M
Net assets (EOY)
$555.4M
How this plan invests
This plan
12 pooled trusts
Schedule D
13 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
76
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Mercer Investment Mgmt Act Lng Corp Inv Port" is 48% of plan.
- 23 bps in Schedule C fees — 276% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INDIANAPOLIS POWER & LIGHT COMPANY.
Plan sponsor
Name
INDIANAPOLIS POWER & LIGHT COMPANY
EIN
35-0413620
Address
1 MONUMENT CIRCLE · INDIANAPOLIS, IN · 46204
Phone
(317) 371-9306
Industry
Utilitiessee all
Plan administrator
Name
EMPLOYEES' PENSION & BENEFITS COMMITTEE OF INDIANAPOLIS POWER & LIGHT
EIN
35-1357665
City
INDIANAPOLIS, IN
Phone
(703) 682-6593
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
1B · Flat-dollar DB formula
3F · Sponsor used leased employees
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
ERNST & YOUNG LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER INVESTMENTS LLC | 30-0282430 | — | INV CONSULTANT | $1.0M | — |
| STATE STREET GLOBAL ADVISORS TRUST | 81-4017137 | — | INV CONSULTANT | $27K | — |
Trustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE NORTHERN TRUST COMPANY | 36-1561860 | — | TRUSTEE | $67K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER, INC. | 13-2834414 | — | PLAN ACTUARY | $155K | — |
Investments
3 direct securities · 12 pooled funds· $856.1M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$552.5M
12 holdings
Uncategorized
$303.7M
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Mercer Investment Mgmt Act Lng Corp Inv Port | — | — | $267.5M | $265.3M | 47.8% | |
| ACTIVE LONG CORPORATE INV PORT MERCER TRUST COMPANY LLC · EIN 45-6178743 / PN 004 | Common Collective Trust | — | — | $265.3M | 47.8% | |
| ACTIVE LONG CORPORATE FIXED INCOME MERCER TRUST COMPANY LLC · EIN 85-2621964 / PN 048 | Common Collective Trust | — | $86.1M | $89.1M | 16.0% | |
| INTERMEDIATE US GOVT BOND INDX NL S STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 209 | Common Collective Trust | — | $67.1M | $67.7M | 12.2% | |
| State Street Global Advisors S&P 500 R NL SFCL A | — | — | $21.5M | $35.2M | 6.3% | |
| S&P 500 (R) INDX NL SF CL A (CMM3) STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 097 | Common Collective Trust | — | — | $35.2M | 6.3% | |
| 20+ YEAR U.S. TREASURY STRIPS INDEX STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 32-6528132 / PN 038 | Common Collective Trust | — | $39.7M | $27.5M | 4.9% | |
| U.S. LONG GOVT BOND INDX NL SF CL A STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 182 | Common Collective Trust | — | $24.5M | $19.7M | 3.5% | |
| NON-US CORE EQUITY PORTFOLIO MERCER TRUST COMPANY LLC · EIN 03-0566617 / PN 009 | Common Collective Trust | — | $11.6M | $15.6M | 2.8% | |
| OPPORTUNISTIC FIXED INCOME PORTFOLI MERCER TRUST COMPANY LLC · EIN 36-7630030 / PN 020 | Common Collective Trust | — | $7.9M | $8.6M | 1.5% | |
| REAL ASSET NL SERIES - CLASS A STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 374 | Common Collective Trust | — | $6.0M | $8.5M | 1.5% | |
| EMERGING MARKETS EQUITY PORTFOLIO MERCER TRUST COMPANY LLC · EIN 32-6219484 / PN 017 | Common Collective Trust | — | $7.0M | $7.1M | 1.3% | |
| US SMALL/MID CAP EQUITY PORTFOLIO MERCER TRUST COMPANY LLC · EIN 03-0566611 / PN 003 | Common Collective Trust | — | $3.3M | $5.6M | 1.0% | |
| Northern Trust Global Invst Government STIF Registered | — | — | $3.2M | $3.2M | 0.6% | |
| GLOBAL LOW VOLATILITY EQUITY PORTFO MERCER TRUST COMPANY LLC · EIN 35-7004395 / PN 018 | Common Collective Trust | — | $1.8M | $2.8M | 0.5% |