2023 Form 5500 filing — American Electric Power System Life & Accident Insurance Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015071335NAL0046885568001) for American Electric Power System Life & Accident Insurance Plan, reported by American Electric Power Service Corporation under EIN 13-4922641 and plan number 504. It reports 31,520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015071335NAL0046885568001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American Electric Power Service Corporation
- EIN
- 13-4922641
- Plan number
- 504
- Location
- Columbus, OH
- Participants
- 31,520
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $74,917,199
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $74,917,199
- Employer contributions
- $6,876,551
- Participant contributions
- $14,739,198
- Total income / additions
- $36,850,932
- Benefits paid
- $38,253,312
- Administrative expenses
- $387,917
- Total expenses
- $38,641,229
- Net increase / (decrease)
- -$1,790,297
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Businesssolver | NONE | $316,171 | not reported in the loaded dataset |
| Bank Of New York Mellon | NONE | $46,251 | not reported in the loaded dataset |
| Parms + Company LLC | NONE | $21,200 | not reported in the loaded dataset |