2023 Form 5500 filing — American Electric Power System Comprehensive Medical 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 20241015152030NAL0014949619001) for American Electric Power System Comprehensive Medical Plan, reported by American Electric Power Service Corporation under EIN 13-4922641 and plan number 501. It reports 33,960 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015152030NAL0014949619001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American Electric Power Service Corporation
- EIN
- 13-4922641
- Plan number
- 501
- Location
- Columbus, OH
- Participants
- 33,960
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,325,333,209
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,325,333,209
- Employer contributions
- $232,088,339
- Participant contributions
- $102,161,230
- Total income / additions
- $502,678,630
- Benefits paid
- $328,231,926
- Administrative expenses
- $30,296,507
- Total expenses
- $358,528,433
- Net increase / (decrease)
- $144,150,197
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Anthem Blue Cross & Blue Shield | NONE KNOWN | $4,949,667 | $0 |
| Quantum | NONE KNOWN | $4,232,813 | $0 |
| Ameriben / Iec Group | NONE KNOWN | $3,928,699 | not reported in the loaded dataset |
| Optumrx, Inc. | NONE KNOWN | $1,685,232 | $234,115 |
| Businesssolver | NONE KNOWN | $1,481,038 | not reported in the loaded dataset |
| Sharecare Inc /Healthways | NONE KNOWN | $586,330 | not reported in the loaded dataset |
| Aetna Life Insurance Co. | NONE KNOWN | $421,626 | not reported in the loaded dataset |
| Nisa Investment Services | NONE KNOWN | $398,837 | not reported in the loaded dataset |
| Polaris Capital Management | NONE KNOWN | $345,454 | $0 |
| Psg Consulting LLC | NONE KNOWN | $333,792 | not reported in the loaded dataset |
| River Global Investors Llp | NONE KNOWN | $303,128 | not reported in the loaded dataset |
| Sands Capital Management, LLC | NONE KNOWN | $277,845 | $0 |
| Wellington Management Company, Llp | NONE KNOWN | $273,336 | $0 |
| Vontobel Asset Management, Inc. | NONE KNOWN | $208,151 | $0 |
| Jp Morgan Investment Management | NONE KNOWN | $206,521 | not reported in the loaded dataset |
| Express Scripts, Inc. | NONE KNOWN | $203,454 | not reported in the loaded dataset |
| Aon Investments Usa Inc. | NONE KNOWN | $176,574 | not reported in the loaded dataset |
| Bdo Usa, P.C. | NONE KNOWN | $171,023 | not reported in the loaded dataset |
| Willis Towers Watson | NONE KNOWN | $117,245 | not reported in the loaded dataset |
| Willis Towers Watson Investment Ser | NONE KNOWN | $28,000 | not reported in the loaded dataset |
| Kaiser Consulting, LLC | NONE KNOWN | $25,371 | not reported in the loaded dataset |
| Bank Of New York Mellon | NONE KNOWN | $2,310 | $0 |