Retirement plan
EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES
EXELON CORPORATIONEIN 23-2990190Plan #005PY 2015
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 10/17/2016
Summary metrics
Total assets (EOY)
$34.7M
-9.7% from 2016
Total participants
2,166
-0.4% from 2016
Average account balance
$0
No prior year
Annual return
-2.57%
-7.91 pp from 2016
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort48 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $1,137
34
Employer contribution / active EE
$8,690
median $12,058
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $14,096,330
0
Admin fee / account holder
$0
median $66,276
30
Annual return
-2.57%
median -1.31%
Overall peer rank
32of 100
32nd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$152.74M
Average account balance
Total assets / participants with a balance (line 6g)
$60K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
143
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
$19.50M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.12%
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 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON CONSULTING1+ years Service code 15 · EIN 22-2232264 | Recordkeeping | $122,334 |
TOWERS WATSON PENNSYLVANIA, INC1+ years Service code 11 · EIN 23-1159360 | Actuarial | $90,094 |
EXELON BUSINESS SERVICES COMPANY1+ years Service code 14 · EIN 23-3063219 | Plan Administrator | $14,087 |
Service code 10 · EIN 36-4189747 | Accounting | $12,900 |
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
- 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
$349K
$164 / participant
- Investment mgmt$10K2.8%
- Contract admin$122K35.1%
- Other / not subdivided$217K62.2%
% of EOY assets
1.007%
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