Retirement plan

EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK

Name: EXELON CORPORATION - EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK (2021) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #012PY 2021

10 S. DEARBORN ST., 51ST FLOOR - CHICAGO, IL 60603779-231-0945exeloncorp.comLinkedIn10001+ employeesutilities

Other plans on this EIN

6 filings

#002Retirement-$15.77B assets #003Retirement-$11.63B assets #022Retirement-$2.64B assets #016Retirement-$1.85B assets #005Retirement-$180.1M assets #014Retirement-$73.5M assets

Prospect flagsLow returnsHigh feesLow participationHigh assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$56.9M

-10.2% from 2020

Total participants

369

-8.7% from 2020

Average account balance

$294,842

+14.4% from 2020

Annual return

2.96%

-5.83 pp from 2020

Benchmarks

See 183 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort183 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MITCHELL & TITUS, LLP4 years Service code 10 · EIN 13-2781641	Accounting	$28,917
FINANCIAL ENGINES6 years Service code 16 · EIN 94-3250323	Consulting	$26,253
NORTHWEST PLAN SERVICES, INC.6 years Filed as: NORTHWEST PLAN SERVICES Service code 16 · EIN 91-2090931	Consulting	$9,153

Plan features & details

Pension benefit codes2E2G2J2F2K3H3F2S2T2O

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$65K

$288 / participant

Contract admin$9K14.7%
Other / not subdivided$55K85.3%

% of EOY assets

0.114%

all-in expense ratio

Categories reported

1 / 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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$294,842

$133,040+121.6%

$119,258+147.2%

$79,391+271.4%

Participation rate

21.4%

80.9%-59.4pp

82.7%-61.3pp

70.7%-49.3pp

Annual return

2.96%

20.05%-17.1pp

30.69%-27.7pp

116.88%-113.9pp

Employer contribution / active EE

$1,068

$4,390-75.7%

$4,384-75.6%

$2,428-56.0%

Participant deferral / active EE

$3,112

$6,448-51.7%

$6,111-49.1%

$4,046-23.1%

Admin fee / account holder

$335

$686-51.2%

$7,226-95.4%

$627-46.6%

Provider

Service type

Compensation

MITCHELL & TITUS, LLP4 years

Service code 10 · EIN 13-2781641

Accounting

$28,917

FINANCIAL ENGINES6 years

Service code 16 · EIN 94-3250323

Consulting

$26,253

NORTHWEST PLAN SERVICES, INC.6 years

Filed as: NORTHWEST PLAN SERVICES

Service code 16 · EIN 91-2090931

Consulting

$9,153

EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXELON EMPLOYEE SAVINGS PLAN FOR REPRESENTED EMPLOYEES AT TMI AND OYSTER CREEK

Summary metrics

Benchmarksi

Analytics

Service providersi

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