PlanOptica
Retirement plan

EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK

EXELON CORPORATIONEIN 23-2990190Plan #012PY 2019
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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-$14.03B assets#003Retirement-$9.84B assets#022Retirement-$2.33B assets#016Retirement-$1.64B assets#013Retirement-$468.2M assets#018Retirement-$357.1M assets#021Retirement-$149.5M assets#005Retirement-$104.1M assets#014Retirement-$63.3M assets#006Retirement-$3.0M assets
Prospect flagsLow returnsHigh feesLow participation

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-1582
Plan administrator signer
VANESSA HECHT
Signed 10/13/2020
How to read this page

Summary metrics

Total assets (EOY)
$66.7M
-6.5% from 2016
Total participants
444
+2.5% from 2016
Average account balance
$232,235
-11.0% from 2016
Annual return
9.49%
-8.58 pp from 2016

Benchmarks

See 138 peers
Peer group
Industry22 - Utilities
Plan typeDefined contribution
Participants250-999
Cohort138 peers
Snapshot2019
Participant deferral / active EE
$11,234
median $7,470
Employer contribution / active EE
$4,083
median $4,126
Participation rate
38.7%
median 96.4%
Avg account balance
$232,235
median $127,750
Admin fee / account holder
$383
median $99
Annual return
9.49%
median 22.25%
Overall peer rank
37th percentileavg across 6 metrics

Analytics

2015 - 2022
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$295K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
193
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
21.4%
Contributions (total)
Employer and participant dollars contributed each year
$49K
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-100.07%
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 3 by compensation
ProviderService typeCompensation
MITCHELL & TITUS, LLP2 years
Service code 10 · EIN 13-2781641
Accounting
$57,690
NORTHWEST PLAN SERVICES4 years
Service code 16 · EIN 91-2090931
Consulting
$27,892
FINANCIAL ENGINES4 years
Service code 16 · EIN 94-3250323
Consulting
$23,234

Plan features & details

Pension benefit codes2E2G2J2F2K3H3F2S2T2O
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

3 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • OpportunityLow returns

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

Expense breakdown

Schedule H Part II
Admin total
$110K
$429 / participant
  • Contract admin$29K26.2%
  • Other / not subdivided$81K73.8%
% of EOY assets
0.165%
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