Retirement plan

EXELON CORPORATION CASH BALANCE PENSION PLAN

EXELON CORPORATIONEIN 23-2990190Plan #004PY 2015
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 394-2819
Plan administrator signer
WILLIAM BERGMAN
Signed 10/17/2016

Summary metrics

Total assets (EOY)
$1693.1M
-7.8% from 2016
Total participants
11,734
-6.2% from 2016
Average account balance
$0
No prior year
Annual return
0.07%
-5.34 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
Participant deferral / active EE
$0
median $28
Employer contribution / active EE
$16,688
median $5,273
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $47,522
Admin fee / account holder
$0
median $275
Annual return
0.07%
median -0.88%
Overall peer rank
71st percentileavg across 6 metrics

Analytics

2015 - 2019
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$153K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,842
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$160.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$14K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-100.00%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 26 by compensation
ProviderService typeCompensation
Service code 15 · EIN 22-2232264
Recordkeeping
$744,229
Service code 14 · EIN 23-3063219
Plan Administrator
$525,544
Service code 11 · EIN 23-1159360
Actuarial
$515,947
Service code 19 · EIN 36-1561860
Securities Custodian
$430,707
Service code 28 · EIN 94-3112180
Investment Management
$398,943
Service code 28 · EIN 13-3040307
Investment Management
$177,342
Service code 28 · EIN 48-1140940
Investment Management
$168,236
Service code 28 · EIN 36-4338679
Investment Management
$138,361
DODGE & COX1+ years
Service code 28 · EIN 94-1441976
Investment Management
$116,966
Service code 28
350 S GRAND AVENUE SUITE 1550 · LOS ANGELES, CA 90071
Investment Management
$97,390

Enrolled actuary

1 attachment
SB

JUDY M. KRUSE

TOWERS WATSON DELAWARE, INC.
Enrollment #1405907
191 NORTH WACKER DRIVE SUITE 2100
CHICAGO, IL 606061615
(312) 525-2500
Signed 2016-10-07

Plan features & details

Pension benefit codes1A1C3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 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

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$9.1M
$877 / participant
  • Investment mgmt$2M19.5%
  • Contract admin$744K8.1%
  • Other / not subdivided$7M72.3%
% of EOY assets
0.540%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
WASHINGTON, PITTMAN & MCKEEVER LLC
Auditor EIN
364189747
Audit fees
(not subdivided)
Opinion code
Unqualified