Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
AMERICAN ELECTRIC POWER SERVICE CORPORATION
EIN 13-4922641constructionLatest filing 2024
Plans
10
Retirement
2
$9.28B assets
Welfare
8
$44.1M premiums
Participants
187,829
Plans on this EIN
10 filings#002ESOP-$5.20B - 21,396 part#001CashBalance-$4.09B - 32,548 part#504Fully Insured-$38.0M - 31,294 lives#516Fully Insured-$3.6M - 49,386 lives#506Fully Insured-$1.6M - 844 lives#509Fully Insured-$481K - 2,516 lives#501Mixed-$441K - 1,432 lives#502Self Funded-0 lives#513Self Funded-0 lives#515Self Funded-0 lives
Retirement portfolio analytics
2 plans aggregated / $9.28B assets / 53,944 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
8 plans / $44.1M premiums / 85,472 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$34.5M
- Other$5.5M
- Vision$3.6M
- Dental$441K
Carrier market share
Premium dollars by Schedule A carrier
86%top
- SECURIAN LIFE INSURANCE COMPANY86%
- FIDELITY SECURITY LIFE INSURANCE COMPANY8%
- PRUDENTIAL INSURANCE COMPANY OF AMERICA4%
- METROPOLITAN LIFE INSURANCE COMPANY1%
- AETNA LIFE INSURANCE COMPANY1%
Broker market share
Schedule A broker compensation
95%top
- HAVENS & COMPANY INC95%
- FULTON MATTHEWS, INC.5%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
AEP RETIREMENT SAVINGS 401(K) PLAN
ESOP
Assets$5.20B
Participants21,396
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
AMERICAN ELECTRIC POWER SYSTEM RETIREMENT PLAN
CashBalance
Assets$4.09B
Participants32,548
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#504
AMERICAN ELECTRIC POWER SYSTEM LIFE & ACCIDENT INSURANCE PLAN
Fully Insured - MINNESOTA LIFE INSURANCE COMPANY
Premiums$38.0M
Covered lives31,294
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#516
AEP COMPREHENSIVE VISION PLAN
Fully Insured - FIDELITY SECURITY LIFE INSURANCE COMPANY
Premiums$3.6M
Covered lives49,386
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#506
AMERICAN ELECTRIC POWER LONG TERM CARE INSURANCE PLAN
Fully Insured - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$1.6M
Covered lives844
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#509
AMERICAN ELECTRIC POWER GROUP LEGAL PLAN
Fully Insured - METLIFE LEGAL PLANS
Premiums$481K
Covered lives2,516
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
AMERICAN ELECTRIC POWER SYSTEM COMPREHENSIVE MEDICAL PLAN
Mixed - AETNA LIFE INSURANCE CO.
Premiums$441K
Covered lives1,432
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
AMERICAN ELECTRIC POWER SYSTEM LONG-TERM DISABILITY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#513
AMERICAN ELECTRIC POWER SYSTEM SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#515
AMERICAN ELECTRIC POWER SYSTEM HEALTH CARE SPENDING ACCOUNT PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | AEP RETIREMENT SAVINGS 401(K) PLAN | ESOP | $5.20B | 21,396 | 2024 | |
| 001 | AMERICAN ELECTRIC POWER SYSTEM RETIREMENT PLAN | CashBalance | $4.09B | 32,548 | 2024 |
Welfare plans8
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 504 | AMERICAN ELECTRIC POWER SYSTEM LIFE & ACCIDENT INSURANCE PLAN | Fully Insured | MINNESOTA LIFE INSURANCE COMPANY | $38.0M | 31,294 | 2024 | |
| 516 | AEP COMPREHENSIVE VISION PLAN | Fully Insured | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3.6M | 49,386 | 2024 | |
| 506 | AMERICAN ELECTRIC POWER LONG TERM CARE INSURANCE PLAN | Fully Insured | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $1.6M | 844 | 2024 | |
| 509 | AMERICAN ELECTRIC POWER GROUP LEGAL PLAN | Fully Insured | METLIFE LEGAL PLANS | $481K | 2,516 | 2024 | |
| 501 | AMERICAN ELECTRIC POWER SYSTEM COMPREHENSIVE MEDICAL PLAN | Mixed | AETNA LIFE INSURANCE CO. | $441K | 1,432 | 2024 | |
| 502 | AMERICAN ELECTRIC POWER SYSTEM LONG-TERM DISABILITY PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 513 | AMERICAN ELECTRIC POWER SYSTEM SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 515 | AMERICAN ELECTRIC POWER SYSTEM HEALTH CARE SPENDING ACCOUNT PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans