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Retirement plan

EXELON CORPORATION EMPLOYEE SAVINGS PLAN

EXELON CORPORATIONEIN 23-2990190Plan #003PY 2020
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10 S. DEARBORN ST., 51ST FLOOR - CHICAGO, IL 60603779-231-1582exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filings
#002Retirement-$15.25B assets#022Retirement-$2.57B assets#016Retirement-$1.83B assets#013Retirement-$519.2M assets#018Retirement-$391.6M assets#021Retirement-$144.3M assets#005Retirement-$140.2M assets#014Retirement-$69.3M assets#012Retirement-$63.4M assets#006Retirement-$3.2M assets
Prospect flagsLow returnsHigh assets / participant

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-1582
Plan administrator signer
VANESSA HECHT
Signed 10/14/2021
How to read this page

Summary metrics

Total assets (EOY)
$10659.8M
-6.8% from 2016
Total participants
43,752
-2.8% from 2016
Average account balance
$250,635
-4.4% from 2016
Annual return
11.23%
-0.00 pp from 2016

Benchmarks

See 1,039 peers
Peer group
Industryany (size+type match)
Plan typeDefined contribution
Participants>=10,000
Cohort1,039 peers
Snapshot2020
Participant deferral / active EE
$11,051
median $3,766
Employer contribution / active EE
$4,849
median $1,663
Participation rate
96.2%
median 85.7%
Avg account balance
$250,635
median $66,836
Admin fee / account holder
$140
median $56
Annual return
11.23%
median 15.73%
Overall peer rank
59th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$6.31B
Average account balance
Total assets / participants with a balance (line 6g)
$243K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
25,991
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.8%
Contributions (total)
Employer and participant dollars contributed each year
$347.44M
Contributions per participant
Average employer and participant contribution per enrolled participant
$17K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.22%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$214
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 5 by compensation
ProviderService typeCompensation
NORTHWEST PLAN SERVICES5 years
Service code 16 · EIN 91-2090931
Consulting
$3,217,326
FINANCIAL ENGINES5 years
Service code 16 · EIN 94-3250323
Consulting
$2,579,432
AON CONSULTING6+ years
Service code 16 · EIN 22-2232264
Consulting
$78,797
MITCHELL & TITUS3 years
Service code 10 · EIN 13-2781641
Accounting
$31,500
WILLIS TOWERS WATSON US LLC2 years
Service code 11 · EIN 53-0181291
Actuarial
$28,988

Plan features & details

Pension benefit codes2E2F2G2J2K2O3F3H2S2T
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$5.9M
$182 / participant
  • Contract admin$3M55.5%
  • Other / not subdivided$3M44.5%
% of EOY assets
0.056%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Unqualified