PlanOptica
Retirement plan

CONSTELLATION RETIREMENT PROGRAM

CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #001PY 2022
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200 EXELON WAY - KENNETT SQUARE, PA 19348779-231-5341
Other plans on this EIN
6 filings
#006Retirement-$4.64B assets#013Retirement-$1.24B assets#002Retirement-$71.1M assets#005Retirement-$1.7M assets#018Retirement--#021Retirement--
Prospect flagsHigh retiree %Low employer contributionWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-5341
Plan administrator signer
VANESSA HECHT
Signed 10/16/2023
How to read this page

Summary metrics

Total assets (EOY)
$5359.2M
+0.7% from 2023
Total participants
17,712
+1.7% from 2023
Average account balance
$0
No prior year
Annual return
0.00%
-5.41 pp from 2023

Benchmarks

See 169 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort169 peers
Snapshot2022
Participant deferral / active EE
$0
median $38
Employer contribution / active EE
$0
median $6,355
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
0.00%
median -14.53%
Overall peer rank
0th percentileavg across 6 metrics

Analytics

2022 - 2024
Total assets (EOY)
Plan-year ending balance
$5.00B
Average account balance
Total assets / participants with a balance (line 6g)
$293K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
12,591
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
$108.98M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$24K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.44%
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 11 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC1+ years
Service code 15 · EIN 82-1061233
Recordkeeping
$2,296,144
NORTHERN TRUST CORPORATION1+ years
Service code 19 · EIN 36-1561860
Securities Custodian
$2,038,503
CONSTELLATION ENERGY GENERATION LLC1+ years
Service code 49 · EIN 23-3064219
Other Services
$1,344,920
BLACKROCK INSTITUTIONAL TRUST CO1+ years
Service code 28 · EIN 94-3112180
Investment Management
$465,351
WILLIS TOWERS WATSON US LLC1+ years
Service code 11 · EIN 53-0181291
Actuarial
$395,697
ALBOURNE AMERICA, LLC1+ years
Service code 16 · EIN 91-2164625
Consulting
$85,514
OBERWEIS ASSET MANAGEMENT INC1+ years
Service code 49 · EIN 36-4106772
Other Services
$32,272
BLACKROCK FINANCIAL MANAGEMENT, INC1+ years
Service code 49 · EIN 13-3806691
Other Services
$23,504
EVESTMENT ALLIANCE LLC1+ years
Service code 16 · EIN 58-2540972
Consulting
$18,935
PLANTE MORAN1+ years
Service code 16
10 S RIVERSIDE PLAZA · CHICAGO, IL 60606
Consulting
$11,926

Enrolled actuary

1 attachment
SB

JUDY M. KRUSE

WILLIS TOWERS WATSON US LLC
Enrollment #2305907
233 SOUTH WACKER DRIVE,
SUITE 1800
CHICAGO, IL 60606
(312) 525-2500

Plan features & details

Pension benefit codes1A1C3F3H
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).
  • 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

3 tripped
  • OpportunityLow employer contribution

    Employer contribution per participant 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.

  • 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
$19.0M
$3745 / participant
  • Investment mgmt$789K4.1%
  • Contract admin$18M95.9%
% of EOY assets
0.355%
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