Retirement plan

EXELON CORPORATION CASH BALANCE PENSION PLAN

Name: EXELON CORPORATION - EXELON CORPORATION CASH BALANCE PENSION PLAN (2017) 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 2017

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

Other plans on this EIN

10 filings

#002Retirement-$11.65B assets #003Retirement-$8.06B assets #022Retirement-$2.43B assets #016Retirement-$1.62B assets #023Retirement-$1.28B assets #013Retirement-$401.7M assets #018Retirement-$364.1M assets #021Retirement-$185.7M assets #012Retirement-$95.2M assets #005Retirement-$70.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2151.3M

-7.8% from 2016

Total participants

13,436

-6.2% from 2016

Average account balance

No prior year

Annual return

14.84%

-5.34 pp from 2016

Benchmarks

See 240 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants>=10,000

Cohort240 peers

Snapshot2017

Participant deferral / active EE

median $34

Employer contribution / active EE

$11,986

median $8,645

Participation rate

0.0%

median 0.0%

Avg account balance

median $14,491,905

Admin fee / account holder

median $81,210

Annual return

14.84%

median 13.24%

Overall peer rank

63of 100

63rd 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 26 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC1 year Service code 15 · EIN 82-1061233	Recordkeeping	$1,184,995
EXELON BUSINESS SERVICES CO2 years Service code 14 · EIN 23-3063219	Plan Administrator	$531,440
OAKTREE CAPITAL MANAGEMENT, L.P.1 year Filed as: OAKTREE CAPITAL MANAGEMENT LP Service code 28 · EIN 26-0189082	Investment Management	$497,982
WILLIS TOWERS WATSON US LLC2 years Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$462,673
NORTHERN TRUST COMPANY3+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$431,934
BLACKROCK3+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$366,575
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INVESTMENT MGMT Service code 28 · EIN 13-3040307	Investment Management	$168,550
ACADIAN ASSET MANAGEMENT LLC1 year Filed as: ACADIAN ASSET MGMT LLC Service code 28 · EIN 04-2929221	Investment Management	$144,568
UBS FINANCIAL SERVICES INC1 year Filed as: UBS ASSET MANAGEMENT TRUST COMPANY Service code 28 · EIN 36-3718331	Investment Management	$103,874
BOSTON PARTNERS1 year Service code 28 350 S GRAND AVE · LOS ANGELES, CA 90071	Investment Management	$69,736

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 2018-09-26

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

$11.3M

$952 / participant

Investment mgmt$2M15.3%
Contract admin$1M10.5%
Other / not subdivided$8M74.2%

% of EOY assets

0.523%

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

$14,491,905-100.0%

$9,655,338-100.0%

$14,491,905-100.0%

Participation rate

0.0%

5.3%-5.3pp

7.4%-7.4pp

5.3%-5.3pp

Annual return

14.84%

1057.21%-1042.4pp

11.12%+3.7pp

1057.21%-1042.4pp

Employer contribution / active EE

$11,986

$14,374-16.6%

$22,651-47.1%

$14,374-16.6%

Participant deferral / active EE

$351-100.0%

$198-100.0%

$351-100.0%

Admin fee / account holder

$81,210-100.0%

$57,986-100.0%

$81,210-100.0%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC1 year

Service code 15 · EIN 82-1061233

Recordkeeping

$1,184,995

EXELON BUSINESS SERVICES CO2 years

Service code 14 · EIN 23-3063219

Plan Administrator

$531,440

OAKTREE CAPITAL MANAGEMENT, L.P.1 year

Filed as: OAKTREE CAPITAL MANAGEMENT LP

Service code 28 · EIN 26-0189082

Investment Management

$497,982

WILLIS TOWERS WATSON US LLC2 years

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$462,673

NORTHERN TRUST COMPANY3+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$431,934

BLACKROCK3+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$366,575

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INVESTMENT MGMT

Service code 28 · EIN 13-3040307

Investment Management

$168,550

ACADIAN ASSET MANAGEMENT LLC1 year

Filed as: ACADIAN ASSET MGMT LLC

Service code 28 · EIN 04-2929221

Investment Management

$144,568

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS ASSET MANAGEMENT TRUST COMPANY

Service code 28 · EIN 36-3718331

Investment Management

$103,874

BOSTON PARTNERS1 year

Service code 28

350 S GRAND AVE · LOS ANGELES, CA 90071

Investment Management

$69,736

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