Retirement plan
PEPCO HOLDINGS LLC RETIREMENT PLAN
EXELON CORPORATIONEIN 23-2990190Plan #022PY 2017
10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filingsProspect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
WILLIAM BERGMAN
Signed 10/12/2018
Summary metrics
Total assets (EOY)
$2425.6M
-10.0% from 2017
Total participants
11,805
-1.0% from 2017
Average account balance
$0
No prior year
Annual return
15.82%
-15.27 pp from 2017
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort51 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $46
36
Employer contribution / active EE
$10,535
median $12,049
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
68
Annual return
15.82%
median 14.48%
Overall peer rank
52of 100
52nd 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 32 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TOWERS WATSON DELAWARE INC2+ years Service code 11 · EIN 53-0181291 | Actuarial | $1,777,625 |
THE VANGUARD GROUP INC2+ years Service code 14 · EIN 23-1945930 | Plan Administrator | $980,202 |
EXELON BUSINESS SERVICES CO2+ years Service code 14 · EIN 23-3063219 | Plan Administrator | $531,264 |
PACIFIC INVESTMENT MANAGEMENT CO2+ years Service code 27 · EIN 33-0629048 | Advisory (Plan) | $460,394 |
NORTHERN TRUST CORPORATION2+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $234,894 |
JENNISON ASSOCIATES LLC2+ years Service code 27 · EIN 22-2540245 | Advisory (Plan) | $214,788 |
Service code 28 · EIN 26-0189082 | Investment Management | $195,786 |
MELLON CAPITAL MANAGEMENT CORP2+ years Service code 27 · EIN 25-1442864 | Advisory (Plan) | $174,755 |
Service code 28 · EIN 94-3112180 | Investment Management | $147,330 |
TEMPLETON INVESTMENT COUNSEL LLC2+ years Service code 27 · EIN 94-3385113 | Advisory (Plan) | $69,311 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
TOWERS WATSON DELAWARE INC.
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2018-09-26
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
1 tripped
- 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
$6.3M
$1323 / participant
- Investment mgmt$2M27.7%
- Contract admin$985K15.7%
- Other / not subdivided$4M56.6%
% of EOY assets
0.259%
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