Retirement plan
PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC
EXELON CORPORATIONEIN 23-2990190Plan #018PY 2018
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filingsProspect flagsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
WILLIAM BERGMAN
Signed 10/11/2019
Summary metrics
Total assets (EOY)
$318M
-4.1% from 2016
Total participants
1,606
+3.3% from 2016
Average account balance
$0
No prior year
Annual return
-5.17%
-8.87 pp from 2016
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort47 peers
Snapshot2018
0
Participant deferral / active EE
$0
median $47
0
Employer contribution / active EE
$0
median $14,675
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $5,379,476
0
Admin fee / account holder
$0
median $4,675
46
Annual return
-5.17%
median -4.94%
Overall peer rank
46of 100
46th 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 9 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS, LLC2 years Service code 15 · EIN 82-1061233 | Recordkeeping | $121,676 |
TOWERS WATSON DELAWARE, INC4+ years Service code 11 · EIN 53-0181291 | Actuarial | $117,153 |
EXELON BUSINESS SERVICES CO3 years Service code 14 · EIN 23-3063219 | Plan Administrator | $95,120 |
BLACKROCK INSTITUTIONAL TRUST CO4+ years Service code 28 · EIN 94-3112180 | Investment Management | $68,435 |
NORTHERN TRUST CORPORATION4+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $54,320 |
Service code 16 · EIN 04-1867445 | Consulting | $47,032 |
MITCHELL & TITUS, LLP1 year Service code 10 · EIN 13-2781641 | Accounting | $15,945 |
ACCENTURE1 year Service code 16 · EIN 72-0542904 | Consulting | $8,227 |
ALBOURNE AMERICA LLC1 year Service code 16 · EIN 91-2164625 | Consulting | $5,325 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
WILLIS TOWERS WATSON US LLC
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2019-10-02
Plan features & details
Pension benefit codes1A1C3H
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).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$731K
$661 / participant
- Investment mgmt$119K16.3%
- Contract admin$122K16.6%
- Other / not subdivided$490K67.0%
% of EOY assets
0.230%
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
- MITCHELL & TITUS, LLP
- Auditor EIN
- 132781641
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified