Retirement plan

EXELON CORPORATION CASH BALANCE PENSION PLAN

Name: EXELON CORPORATION - EXELON CORPORATION CASH BALANCE PENSION PLAN (2016) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXELON CORPORATION CASH BALANCE PENSION PLAN, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #004PY 2016

10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities

Other plans on this EIN

10 filings

#002Retirement-$10.73B assets #003Retirement-$7.04B assets #022Retirement-$2.18B assets #016Retirement-$1.45B assets #023Retirement-$1.14B assets #013Retirement-$338.8M assets #018Retirement-$309.1M assets #021Retirement-$178.2M assets #012Retirement-$83.7M assets #014Retirement-$55.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1836.8M

-7.8% from 2016

Total participants

12,506

-6.2% from 2016

Average account balance

No prior year

Annual return

5.41%

-5.34 pp from 2016

Benchmarks

See 244 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants>=10,000

Cohort244 peers

Snapshot2016

Participant deferral / active EE

median $34

Employer contribution / active EE

$11,762

median $6,216

Participation rate

0.0%

median 0.0%

Avg account balance

median $40,289

Admin fee / account holder

median $312

Annual return

5.41%

median 6.89%

Overall peer rank

46of 100

46th percentileavg across 6 metrics

Analytics

2015 - 2019

Total assets (EOY)

Plan-year ending balance

Average account balance

Total assets / participants with a balance (line 6g)

$153K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,842

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

$160.00M

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

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 19 by compensation

Provider	Service type	Compensation
AON CONSULTING1 year Filed as: AON HEWITT Service code 15 · EIN 22-2232264	Recordkeeping	$855,714
EXELON BUSINESS SERVICES CO1 year Service code 14 · EIN 23-3063219	Plan Administrator	$528,247
WILLIS TOWERS WATSON US LLC1 year Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$236,238
BLACKROCK2+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$176,954
NORTHERN TRUST COMPANY2+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$105,104
AB FUNDS1 year Filed as: ALLIANCE BERNSTEIN Service code 28 · EIN 13-4064930	Investment Management	$63,690
T ROWE PRICE RPS INC1 year Filed as: T.ROWE PRICE TRUST CO Service code 28 · EIN 52-0556948	Investment Management	$54,154
FRANKLIN TEMPLETON1 year Filed as: TEMPLETON INVESTMENT COUNSEL LLC Service code 28 · EIN 94-3385113	Investment Management	$49,930
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL INSURANCE CO Service code 28 · EIN 22-1211670	Investment Management	$29,724
ALBOURNE AMERICA LLC2+ years Filed as: ALBOURNE PARTNERS LTD Service code 16 655 MONTGOMERY ST SUITE 1910 · SAN FRANCISCO, CA 94111	Consulting	$27,108

Enrolled actuary

1 attachment

JUDY M. KRUSE

TOWERS WATSON DELAWARE, INC.

Enrollment #1705907

233 SOUTH WACKER DRIVE, SUITE 1800

CHICAGO, IL 606061615

(312) 525-2500

Signed 2017-10-10

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$8.9M

$805 / participant

Investment mgmt$536K6.0%
Contract admin$856K9.6%
Other / not subdivided$8M84.4%

% of EOY assets

0.486%

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: WASHINGTON, PITTMAN & MCKEEVER, LLC
Auditor EIN: 364189747
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,289-100.0%

$14,339-100.0%

$40,289-100.0%

Participation rate

0.0%

4.2%-4.2pp

17.0%-17.0pp

4.2%-4.2pp

Annual return

5.41%

10.64%-5.2pp

1.15%+4.3pp

10.64%-5.2pp

Employer contribution / active EE

$11,762

$11,561+1.7%

$26,339-55.3%

$11,561+1.7%

Participant deferral / active EE

$347-100.0%

$178-100.0%

$347-100.0%

Admin fee / account holder

$312-100.0%

$3,605-100.0%

$312-100.0%

Provider

Service type

Compensation

AON CONSULTING1 year

Filed as: AON HEWITT

Service code 15 · EIN 22-2232264

Recordkeeping

$855,714

EXELON BUSINESS SERVICES CO1 year

Service code 14 · EIN 23-3063219

Plan Administrator

$528,247

WILLIS TOWERS WATSON US LLC1 year

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$236,238

BLACKROCK2+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$176,954

NORTHERN TRUST COMPANY2+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$105,104

AB FUNDS1 year

Filed as: ALLIANCE BERNSTEIN

Service code 28 · EIN 13-4064930

Investment Management

$63,690

T ROWE PRICE RPS INC1 year

Filed as: T.ROWE PRICE TRUST CO

Service code 28 · EIN 52-0556948

Investment Management

$54,154

FRANKLIN TEMPLETON1 year

Filed as: TEMPLETON INVESTMENT COUNSEL LLC

Service code 28 · EIN 94-3385113

Investment Management

$49,930

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL INSURANCE CO

Service code 28 · EIN 22-1211670

Investment Management

$29,724

ALBOURNE AMERICA LLC2+ years

Filed as: ALBOURNE PARTNERS LTD

Service code 16

655 MONTGOMERY ST SUITE 1910 · SAN FRANCISCO, CA 94111

Consulting

$27,108

EXELON CORPORATION CASH BALANCE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXELON CORPORATION CASH BALANCE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion