Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

EXELON CORPORATIONEIN 23-2990190Plan #018PY 2015
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
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 10/17/2016

Summary metrics

Total assets (EOY)
$296.6M
-4.1% from 2016
Total participants
1,786
+3.3% from 2016
Average account balance
$0
No prior year
Annual return
-1.00%
-8.87 pp from 2016

Benchmarks

Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort48 peers
Snapshot2015
Participant deferral / active EE
$0
median $1,137
Employer contribution / active EE
$15,047
median $12,058
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $14,096,330
Admin fee / account holder
$0
median $66,276
Annual return
-1.00%
median -1.31%
Overall peer rank
54th percentileavg across 6 metrics

Analytics

2015 - 2020
Total assets (EOY)
Plan-year ending balance
$391.61M
Average account balance
Total assets / participants with a balance (line 6g)
$272K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
496
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
$15.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$16K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+13.02%
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 19 by compensation
ProviderService typeCompensation
Service code 27 · EIN 13-3200244
Advisory (Plan)
$252,678
Service code 15 · EIN 22-2232264
Recordkeeping
$203,010
Service code 11 · EIN 53-0181291
Actuarial
$181,968
Service code 28 · EIN 94-3112180
Investment Management
$74,411
Service code 19 · EIN 36-1561860
Securities Custodian
$47,272
Service code 28 · EIN 04-2929221
Investment Management
$16,897
Service code 28 · EIN 13-3040307
Investment Management
$15,993
Service code 28 · EIN 13-4064930
Investment Management
$15,932
Service code 28 · EIN 52-0556948
Investment Management
$15,556
Service code 10 · EIN 36-4189747
Accounting
$15,185

Enrolled actuary

1 attachment
SB

JUDY M. KRUSE

TOWERS WATSON DELAWARE INC.
Enrollment #1405907
191 N WACKER DRIVE SUITE 2100
CHICAGO, IL 606061615
(312) 525-2500
Signed 2016-10-07

Plan features & details

Pension benefit codes1A1C3H
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).
  • 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
$1.6M
$1191 / participant
  • Investment mgmt$495K30.6%
  • Contract admin$203K12.5%
  • Other / not subdivided$920K56.9%
% of EOY assets
0.546%
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