Retirement plan
PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC
CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #018PY 2021
PO BOX A3944 - CHICAGO, IL 60690779-231-1582
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
VANNESSA HECHT
Signed 10/13/2022
Summary metrics
Total assets (EOY)
$389.5M
No prior year
Total participants
1,408
No prior year
Average account balance
$0
No prior year
Annual return
7.66%
+106.29 pp from 2022
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants250-999
Cohort57 peers
Snapshot2021
0
Participant deferral / active EE
$0
median $498
0
Employer contribution / active EE
$0
median $13,158
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $1,032,670
0
Admin fee / account holder
$0
median $4,266
38
Annual return
7.66%
median 8.18%
Overall peer rank
38of 100
38th percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 9 by compensation
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS, LLC1+ years Service code 15 · EIN 82-1061233 | Recordkeeping | $131,738 |
WILLIS TOWERS WATSON US LLC1+ years Service code 11 · EIN 53-0181291 | Actuarial | $94,538 |
EXELON BUSINESS SERVICES CO1+ years Service code 14 · EIN 23-3063219 | Plan Administrator | $62,231 |
NORTHERN TRUST CORPORATION1+ years Service code 19 · EIN 36-1561860 | Securities Custodian | $58,155 |
BLACKROCK INSTITUTIONAL TRUST CO1+ years Service code 28 · EIN 94-3112180 | Investment Management | $48,250 |
MITCHELL & TITUS, LLP1+ years Service code 10 · EIN 13-2781641 | Accounting | $17,400 |
EVERCORE1+ years Service code 16 · EIN 20-4748747 | Consulting | $8,687 |
BLACKROCK FINANCIAL MANAGEMENT1+ years Service code 49 · EIN 13-3806691 | Other Services | $6,037 |
ALBOURNE AMERICA, LLC1+ years Service code 16 · EIN 91-2164625 | Consulting | $5,819 |
Enrolled actuary
1 attachment
SB
JUDY M. KRUSE
WILLIS TOWERS WATSON US LLC
Enrollment #2005907
233 SOUTH WACKER DRIVE,
SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2022-09-30
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
2 tripped
- 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
$571K
$647 / participant
- Investment mgmt$50K8.7%
- Contract admin$132K23.1%
- Other / not subdivided$390K68.2%
% of EOY assets
0.147%
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