Retirement plan

CONSTELLATION EMPLOYEE SAVINGS PLAN

CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #006PY 2024
200 ENERGY WAY - KENNETT SQUARE, PA 19348779-231-5871
Prospect flagsHigh assets / participant

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-5871
Plan administrator signer
LISA AGASE
Signed 09/16/2025

Summary metrics

Total assets (EOY)
$5977.5M
-12.6% from 2023
Total participants
20,615
-0.6% from 2023
Average account balance
$294,747
-11.4% from 2023
Annual return
16.19%
-16.98 pp from 2023

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined contribution
Participants>=10,000
Cohort1,248 peers
Snapshot2024
Participant deferral / active EE
$13,019
median $4,430
Employer contribution / active EE
$8,044
median $2,074
Participation rate
97.7%
median 85.8%
Avg account balance
$294,747
median $73,381
Admin fee / account holder
$181
median $61
Annual return
16.19%
median 14.72%
Overall peer rank
70th percentileavg across 6 metrics

Analytics

2022 - 2024
Total assets (EOY)
Plan-year ending balance
$5.98B
Average account balance
Total assets / participants with a balance (line 6g)
$295K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
20,280
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
97.7%
Contributions (total)
Employer and participant dollars contributed each year
$300.28M
Contributions per participant
Average employer and participant contribution per enrolled participant
$21K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.19%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$181
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 7 by compensation
ProviderService typeCompensation
Service code 16 · EIN 91-2090931
Consulting
$1,527,483
Service code 16 · EIN 94-3250323
Consulting
$1,389,822
Service code 21 · EIN 94-3112180
Bank Trustee
$895,375
Service code 21 · EIN 36-1561860
Bank Trustee
$521,437
Service code 27 · EIN 23-7236436
Advisory (Plan)
$511,373
Service code 16 · EIN 36-2235791
Consulting
$65,065
Service code 27 · EIN 04-1867445
Advisory (Plan)
$40,976

Plan features & details

Pension benefit codes2E2F2G2J2K3F3H2S2T
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 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

1 tripped
  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$3.7M
$258 / participant
  • Investment mgmt$4M100.0%
% of EOY assets
0.062%
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