Retirement plan
PEPCO HOLDINGS, INC. RETIREMENT PLAN
EXELON CORPORATIONEIN 23-2990190Plan #022PY 2016
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filingsProspect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
WILLIAM BERGMAN
Signed 10/13/2017
Summary metrics
Total assets (EOY)
$2181.9M
-10.0% from 2017
Total participants
11,689
-1.0% from 2017
Average account balance
$0
No prior year
Annual return
0.55%
-15.27 pp from 2017
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort52 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $19
75
Employer contribution / active EE
$26,327
median $13,083
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $381,942,733
0
Admin fee / account holder
$0
median $2,655,710
4
Annual return
0.55%
median 7.55%
Overall peer rank
39of 100
39th percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$1.87B
Average account balance
Total assets / participants with a balance (line 6g)
$185K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
7,106
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
$32.50M
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.27%
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 21 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TEMPLETON INVESTMENT COUNSEL LLC1+ years Service code 27 · EIN 94-3385113 | Advisory (Plan) | $580,970 |
HARDING LOEVNER1+ years Service code 27 · EIN 27-0684167 | Advisory (Plan) | $485,880 |
BARROW HANLEY1+ years Service code 27 · EIN 75-2403190 | Advisory (Plan) | $455,353 |
AON HEWITT1+ years Service code 15 · EIN 22-2232264 | Recordkeeping | $310,793 |
JENNISON ASSOCIATES LLC1+ years Service code 27 · EIN 22-2540245 | Advisory (Plan) | $281,989 |
DONALD SMITH & CO INC.1+ years Service code 27 · EIN 13-2807845 | Advisory (Plan) | $276,955 |
PINNACLE INVESTMENT MANAGEMENT1+ years Service code 27 · EIN 13-3220717 | Advisory (Plan) | $218,212 |
PACIFIC INVESTMENT MANAGEMENT CO1+ years Service code 27 · EIN 33-0629048 | Advisory (Plan) | $217,776 |
NORTHERN TRUST CORPORATION1+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $214,941 |
TOWERS WATSON DELAWARE INC1+ years Service code 11 · EIN 53-0181291 | Actuarial | $194,014 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
TOWERS WATSON DELAWARE, INC.
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 60606
(312) 525-2500
Signed 2017-10-10
Plan features & details
Pension benefit codes1A1B1C
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).
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 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).
Opportunity flags
2 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$5.5M
$1206 / participant
- Investment mgmt$3M49.8%
- Contract admin$20K0.4%
- Other / not subdivided$3M49.9%
% of EOY assets
0.252%
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