PlanOptica
Retirement plan

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

EXELON CORPORATIONEIN 23-2990190Plan #012PY 2021
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10 S. DEARBORN ST., 51ST FLOOR - CHICAGO, IL 60603779-231-0945exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
6 filings
#002Retirement-$15.77B assets#003Retirement-$11.63B assets#022Retirement-$2.64B assets#016Retirement-$1.85B assets#005Retirement-$180.1M assets#014Retirement-$73.5M assets
Prospect flagsLow returnsHigh feesLow participationHigh assets / participantLow employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-0945
Plan administrator signer
MICHELLE AUBIN
Signed 09/26/2022
How to read this page

Summary metrics

Total assets (EOY)
$56.9M
-6.5% from 2016
Total participants
369
+2.5% from 2016
Average account balance
$294,842
-11.0% from 2016
Annual return
2.96%
-8.58 pp from 2016

Benchmarks

See 183 peers
Peer group
Industry22 - Utilities
Plan typeDefined contribution
Participants100-249
Cohort183 peers
Snapshot2021
Participant deferral / active EE
$3,112
median $5,688
Employer contribution / active EE
$1,068
median $3,366
Participation rate
21.4%
median 93.2%
Avg account balance
$294,842
median $88,929
Admin fee / account holder
$335
median $169
Annual return
2.96%
median 14.81%
Overall peer rank
27th 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, LLP4 years
Service code 10 · EIN 13-2781641
Accounting
$28,917
FINANCIAL ENGINES6 years
Service code 16 · EIN 94-3250323
Consulting
$26,253
NORTHWEST PLAN SERVICES6 years
Service code 16 · EIN 91-2090931
Consulting
$9,153

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

5 tripped
  • OpportunityLow participation

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

  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • 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.

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$65K
$288 / participant
  • Contract admin$9K14.7%
  • Other / not subdivided$55K85.3%
% of EOY assets
0.114%
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