Retirement plan
EXELON CORPORATION CASH BALANCE PENSION PLAN
EXELON CORPORATIONEIN 23-2990190Plan #004PY 2018
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
WILLIAM BERGMAN
Signed 10/10/2019
Summary metrics
Total assets (EOY)
$2083.2M
-7.8% from 2016
Total participants
13,597
-6.2% from 2016
Average account balance
$0
No prior year
Annual return
-5.09%
-5.34 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort223 peers
Snapshot2018
0
Participant deferral / active EE
$0
median $34
60
Employer contribution / active EE
$13,611
median $5,100
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $7,764,297
0
Admin fee / account holder
$0
median $62,356
25
Annual return
-5.09%
median -3.72%
Overall peer rank
42of 100
42nd 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 11 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC2 years Service code 15 · EIN 82-1061233 | Recordkeeping | $933,620 |
EXELON BUSINESS SERVICES CO3 years Service code 14 · EIN 23-3063219 | Plan Administrator | $750,099 |
BLACKROCK INSTITUTIONAL TRUST CO4+ years Service code 28 · EIN 94-3112180 | Investment Management | $435,365 |
TOWERS WATSON DELAWARE INC3 years Service code 11 · EIN 53-0181291 | Actuarial | $387,862 |
NORTHERN TRUST CORPORATION4+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $326,852 |
ALBOURNE AMERICA LLC1 year Service code 16 · EIN 91-2164625 | Consulting | $32,396 |
MITCHELL & TITUS, LLP1 year Service code 10 · EIN 13-2781641 | Accounting | $16,695 |
CAISSA LLC1 year Service code 49 77 WATER STREET · NEW YORK, NY 10005 | Other Services | $15,579 |
ACCENTURE1 year Service code 16 · EIN 72-0542904 | Consulting | $12,657 |
BLOOMBERG FINANCE LP2 years Service code 49 · EIN 13-3417984 | Other Services | $12,070 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
WILLIS TOWERS WATSON US LLC
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2019-10-02
Plan features & details
Pension benefit codes1A1C3F3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan 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
$4.6M
$395 / participant
- Investment mgmt$436K9.4%
- Contract admin$934K20.1%
- Other / not subdivided$3M70.5%
% of EOY assets
0.223%
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
- MITCHELL & TITUS, LLP
- Auditor EIN
- 132781641
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified