Retirement plan
CONSTELLATION CASH BALANCE PENSION PLAN FOR BARGAINING UNIT EMPLOYEES
CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #002PY 2023
200 ENERGY WAY - KENNETT SQUARE, PA 19348779-231-5341
Other plans on this EIN
4 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
VANESSA HECHT
Signed 10/07/2024
Summary metrics
Total assets (EOY)
$84.4M
-15.8% from 2023
Total participants
1,202
-5.3% from 2023
Average account balance
$0
No prior year
Annual return
6.85%
-6.85 pp from 2023
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants1,000-4,999
Cohort44 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $50
40
Employer contribution / active EE
$8,174
median $8,039
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $13,363
0
Admin fee / account holder
$0
median $125
21
Annual return
6.85%
median 9.39%
Overall peer rank
30of 100
30th percentileavg across 6 metrics
Analytics
2022 - 2024
Total assets (EOY)
Plan-year ending balance
$97.39M
Average account balance
Total assets / participants with a balance (line 6g)
$78K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
71
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
$9.69M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.56%
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 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC2+ years Service code 15 · EIN 82-1061233 | Recordkeeping | $192,389 |
WILLIS TOWERS WATSON US LLC2+ years Service code 11 · EIN 53-0181291 | Actuarial | $152,631 |
Service code 49 · EIN 23-3064219 | Other Services | $121,564 |
NORTHERN TRUST CORPORATION2+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $9,075 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
WILLIS TOWERS WATSON
Enrollment #2305907
233 SOUTH WACKER DRIVE,
SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Plan features & details
Pension benefit codes1A1C3H3F
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).
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan 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
$611K
$534 / participant
- Investment mgmt$508K83.2%
- Other / not subdivided$103K16.8%
% of EOY assets
0.724%
all-in expense ratio
Categories reported
1 / 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