DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

American Electric Power System Retirement Plan

Corporate pensionColumbus, OH
Assets
$4.1B
Total assets, Dec 31, 2024 reported
Funded
80.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
15
2 managers on Schedule C
Plan sponsor: American Electric Power Service Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.7%
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 9.5%
  • Corporate debt instruments (preferred) 12.0%
  • U.S. Government securities 22.4%
  • Other investments 2.6%
  • Partnership/joint venture interests 13.8%
  • 103-12 investment entities 0.1%
  • Common/collective trusts 14.8%
  • Registered investment companies 4.3%
  • Common stock 15.3%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$1 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$495M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024OHA Strategic Credit Fund II103 12 ieOAK Hill AdvisorsPrivate credit$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Duration Investmnt Grade Fundcollective trustJP Morgan Chase Bank, N.A.Fixed income$107M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$3.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$1 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$434M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023OHA Strategic Credit Fund II103 12 ieOak Hill AdvisorsPrivate credit$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Duration Investmnt Grade Fundcollective trustJP Morgan Chase Bank, N.A.Fixed income$124M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$2.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$1 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bnym Melon Db Sl Acwi Fundcollective trustBNY MellonPooled vehicles$441M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022OHA Strategic Credit Fund II103 12 ieOak Hill AdvisorsPrivate credit$4.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Duration Investmnt Grade Fundcollective trustJP Morgan Chase Bank, N.A.Fixed income$98.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$6.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$4.1B Dec 31, 2024 reported Form 5500
$4.5B (2023-12) · $4.5B (2022-12)
Plan assets
$4.1B Jan 1, 2024 reported Form 5500
$4.1B (2023-01) · $5.4B (2022-01)
Net assets
$4.0B Dec 31, 2024 reported Form 5500
$4.4B (2023-12) · $4.4B (2022-12)
Funded ratio
80.1% Jan 1, 2024 reported Form 5500
80.5% (2023-01) · 105.0% (2022-01)
Funding target
$3.9B Jan 1, 2024 reported Form 5500
$4.0B (2023-01) · $4.0B (2022-01)
Discount rate
5.06% Jan 1, 2024 reported Form 5500
5.18% (2023-01) · 5.33% (2022-01)
Participants
33,219 Jan 1, 2024 reported Form 5500
33,132 (2023-01) · 33,645 (2022-01)
Contributions
$94.7M Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$568M Dec 31, 2024 reported Form 5500
$400M (2023-12) · $449M (2022-12)
Net investment income
$-377M Dec 31, 2024 reported Form 5500
$-10.6M (2023-12) · $-1.4B (2022-12)
Investment management fees
$8.2M Dec 31, 2024 reported Form 5500
$10.3M (2023-12) · $9.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202433,219$4.1B$3.9B80.1%$4.1B$562Mn/an/a
2023 to Dec 31, 202333,132$4.1B$4.0B80.5%$4.5B$580Mn/an/a
2022 to Dec 31, 202233,645$5.4B$4.0B105.0%$4.5B$702Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Manager relationship started
    Polaris Capital Management appears on American Electric Power System Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Polaris Capital Management LLCaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    AON Hewitt no longer appears on American Electric Power System Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with AON Investments USA Incaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    AON Investments USA Inc. appears on American Electric Power System Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with AON Investments USA Incaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Stone Harbor Investment Partners LP no longer appears on American Electric Power System Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Stone Harbor Investment Partners LPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    American Electric Power System Retirement Plan funded ratio 105.0% -> 80.5% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    American Electric Power System Retirement Plan plan assets $5.4B -> $4.1B (-23.9%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 134922641-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.