Retirement plan

NINE MILE POINT PENSION PLAN

CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #021PY 2021
PO BOX A3944 - CHICAGO, IL 60690779-231-1582
Prospect flagsLow returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(779) 231-1582
Plan administrator signer
VANESSA HECHT
Signed 10/13/2022

Summary metrics

Total assets (EOY)
$127.3M
No prior year
Total participants
1,060
No prior year
Average account balance
$0
No prior year
Annual return
-0.16%
+99.23 pp from 2022

Benchmarks

Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants250-999
Cohort57 peers
Snapshot2021
Participant deferral / active EE
$0
median $498
Employer contribution / active EE
$18,829
median $13,158
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,032,670
Admin fee / account holder
$0
median $4,266
Annual return
-0.16%
median 8.18%
Overall peer rank
21st 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 6 by compensation
ProviderService typeCompensation
Service code 15 · EIN 82-1061233
Recordkeeping
$98,401
Service code 11 · EIN 53-0181291
Actuarial
$65,214
Service code 14 · EIN 23-3063219
Plan Administrator
$37,327
Service code 28 · EIN 94-3112180
Investment Management
$17,579
Service code 19 · EIN 36-1561860
Securities Custodian
$17,530
Service code 10 · EIN 13-2781641
Accounting
$17,400

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
  • 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

1 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$358K
$416 / participant
  • Investment mgmt$18K5.1%
  • Contract admin$98K27.5%
  • Other / not subdivided$242K67.5%
% of EOY assets
0.281%
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