PlanOptica
Retirement plan

EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES

EXELON CORPORATIONEIN 23-2990190Plan #005PY 2017
Sign in to saveView 5500 PDF
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filings
#002Retirement-$11.65B assets#003Retirement-$8.06B assets#022Retirement-$2.43B assets#004Retirement-$2.15B assets#016Retirement-$1.62B assets#023Retirement-$1.28B assets#013Retirement-$401.7M assets#018Retirement-$364.1M assets#021Retirement-$185.7M assets#012Retirement-$95.2M assets
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 10/12/2018
How to read this page

Summary metrics

Total assets (EOY)
$70.7M
-9.7% from 2016
Total participants
2,392
-0.4% from 2016
Average account balance
$0
No prior year
Annual return
17.13%
-7.91 pp from 2016

Benchmarks

See 51 peers
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort51 peers
Snapshot2017
Participant deferral / active EE
$0
median $46
Employer contribution / active EE
$11,229
median $12,049
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
17.13%
median 14.48%
Overall peer rank
62nd 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 8 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC1 year
Service code 15 · EIN 82-1061233
Recordkeeping
$217,665
TOWERS WATSON DELAWARE INC2 years
Service code 11 · EIN 53-0181291
Actuarial
$164,241
EXELON BUSINESS SERVICES CO2 years
Service code 14 · EIN 23-3063219
Plan Administrator
$27,901
WASHINGTON, PITTMAN & MCKEEVER LLC2 years
Service code 10 · EIN 36-4189747
Accounting
$13,545
BLACKROCK INSTITUTIONAL TRUST CO1 year
Service code 28 · EIN 94-3112180
Investment Management
$11,806
NORTHERN TRUST CORPORATION1 year
Service code 19 · EIN 36-1561860
Securities Custodian
$7,697
OAKTREE CAPITAL MANAGEMENT LP1 year
Service code 21 · EIN 26-0189082
Bank Trustee
$6,387
MORGAN STANLEY INVESTMENT MGMT1 year
Service code 28 · EIN 13-3040307
Investment Management
$5,241

Enrolled actuary

1 attachment
SB

JUDY M. KRUSE

TOWERS WATSON DELAWARE INC.
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2018-09-26

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
$628K
$268 / participant
  • Investment mgmt$46K7.3%
  • Contract admin$218K34.6%
  • Other / not subdivided$365K58.1%
% of EOY assets
0.888%
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