Retirement plan

EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES

Name: EXELON CORPORATION - EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES (2015) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #005PY 2015

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

Other plans on this EIN

10 filings

#002Retirement-$10.67B assets #003Retirement-$6.57B assets #004Retirement-$1.69B assets #016Retirement-$1.40B assets #013Retirement-$305.8M assets #018Retirement-$296.6M assets #021Retirement-$169.4M assets #012Retirement-$78.3M assets #014Retirement-$55.1M assets #006Retirement-$2.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$34.7M

-9.7% from 2016

Total participants

2,166

-0.4% from 2016

Average account balance

No prior year

Annual return

-2.57%

-7.91 pp from 2016

Benchmarks

See 48 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort48 peers

Snapshot2015

Participant deferral / active EE

median $1,137

Employer contribution / active EE

$8,690

median $12,058

Participation rate

0.0%

median 0.0%

Avg account balance

median $14,096,330

Admin fee / account holder

median $66,276

Annual return

-2.57%

median -1.31%

Overall peer rank

32of 100

32nd percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$152.74M

Average account balance

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

$60K

Participants with account balance

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

143

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

$19.50M

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.12%

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 4 by compensation

Provider	Service type	Compensation
AON CONSULTING1+ years Service code 15 · EIN 22-2232264	Recordkeeping	$122,334
WILLIS TOWERS WATSON US LLC1+ years Filed as: TOWERS WATSON PENNSYLVANIA, INC Service code 11 · EIN 23-1159360	Actuarial	$90,094
EXELON BUSINESS SERVICES CO1+ years Filed as: EXELON BUSINESS SERVICES COMPANY Service code 14 · EIN 23-3063219	Plan Administrator	$14,087
WASHINGTON, PITTMAN & MCKEEVER, LLC1+ years Filed as: WASHINGTON PITTMAN & MCKEEVER, LLC Service code 10 · EIN 36-4189747	Accounting	$12,900

Enrolled actuary

1 attachment

JUDY M. KRUSE

TOWERS WATSON DELAWARE, INC.

Enrollment #1405907

191 NORTH WACKER DRIVE SUITE 2100

CHICAGO, IL 606061615

(312) 525-2500

Signed 2016-10-07

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

$349K

$164 / participant

Investment mgmt$10K2.8%
Contract admin$122K35.1%
Other / not subdivided$217K62.2%

% of EOY assets

1.007%

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

$14,096,330-100.0%

$10,105-100.0%

$14,096,330-100.0%

Participation rate

0.0%

0.0%0pp

11.1%-11.1pp

0.0%0pp

Annual return

-2.57%

-3.37%+0.8pp

16.23%-18.8pp

1.67%-4.2pp

Employer contribution / active EE

$8,690

$15,879-45.3%

$17,605-50.6%

$10,506-17.3%

Participant deferral / active EE

$1,137-100.0%

$237-100.0%

$1,562-100.0%

Admin fee / account holder

$66,276-100.0%

$11-100.0%

$66,276-100.0%

Provider

Service type

Compensation

AON CONSULTING1+ years

Service code 15 · EIN 22-2232264

Recordkeeping

$122,334

WILLIS TOWERS WATSON US LLC1+ years

Filed as: TOWERS WATSON PENNSYLVANIA, INC

Service code 11 · EIN 23-1159360

Actuarial

$90,094

EXELON BUSINESS SERVICES CO1+ years

Filed as: EXELON BUSINESS SERVICES COMPANY

Service code 14 · EIN 23-3063219

Plan Administrator

$14,087

WASHINGTON, PITTMAN & MCKEEVER, LLC1+ years

Filed as: WASHINGTON PITTMAN & MCKEEVER, LLC

Service code 10 · EIN 36-4189747

Accounting

$12,900

EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXELON CORPORATION PENSION PLAN FOR BARGAINING UNIT EMPLOYEES

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