Retirement plan

EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

Name: EXELON CORPORATION - EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK (2020) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #013PY 2020

10 S. DEARBORN ST., 51ST FLOOR - CHICAGO, IL 60603312-394-4107exeloncorp.comLinkedIn10001+ employeesutilities

Other plans on this EIN

10 filings

#002Retirement-$15.25B assets #003Retirement-$10.66B assets #022Retirement-$2.57B assets #016Retirement-$1.83B assets #018Retirement-$391.6M assets #021Retirement-$144.3M assets #005Retirement-$140.2M assets #014Retirement-$69.3M assets #012Retirement-$63.4M assets #006Retirement-$3.2M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$519.2M

-9.7% from 2016

Total participants

2,708

+1.4% from 2016

Average account balance

No prior year

Annual return

7.09%

-5.29 pp from 2016

Benchmarks

See 44 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort44 peers

Snapshot2020

Participant deferral / active EE

median $18

Employer contribution / active EE

$38,429

median $18,863

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

7.09%

median 14.20%

Overall peer rank

33of 100

33rd percentileavg across 6 metrics

Analytics

2015 - 2020

Total assets (EOY)

Plan-year ending balance

$519.15M

Average account balance

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

$192K

Participants with account balance

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

1,537

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

$45.00M

Contributions per participant

Average employer and participant contribution per enrolled participant

$38K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.09%

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 8 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC4 years Service code 15 · EIN 82-1061233	Recordkeeping	$299,393
WILLIS TOWERS WATSON US LLC2 years Service code 11 · EIN 53-0181291	Actuarial	$172,700
EXELON BUSINESS SERVICES CO5 years Service code 14 · EIN 23-3063219	Plan Administrator	$118,991
NORTHERN TRUST COMPANY5 years Service code 19 · EIN 36-1561860	Securities Custodian	$72,629
BLACKROCK6+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$70,510
MITCHELL & TITUS, LLP3 years Service code 10 · EIN 13-2781641	Accounting	$17,500
JP MORGAN INVESTMENT MANAGEMENT INC1 year Service code 28 · EIN 13-3200244	Investment Management	$11,006
ALBOURNE AMERICA LLC3 years Service code 16 · EIN 91-2164625	Consulting	$7,665

Enrolled actuary

1 attachment

JUDY M. KRUSE

WILLIS TOWERS WATSON US LLC

Enrollment #2005907

233 SOUTH WACKER DRIVE, SUITE 1800

CHICAGO, IL 60606

(312) 525-2500

Signed 2021-09-30

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$1233 / participant

Investment mgmt$82K5.6%
Contract admin$299K20.7%
Other / not subdivided$1M73.6%

% of EOY assets

0.278%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$733,756-100.0%

Participation rate

0.0%

0.0%0pp

3.1%-3.1pp

0.0%0pp

Annual return

7.09%

19.50%-12.4pp

8.35%-1.3pp

12.86%-5.8pp

Employer contribution / active EE

$38,429

$27,684+38.8%

$27,010+42.3%

$13,687+180.8%

Participant deferral / active EE

$327-100.0%

$180-100.0%

$833-100.0%

Admin fee / account holder

$19,421-100.0%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC4 years

Service code 15 · EIN 82-1061233

Recordkeeping

$299,393

WILLIS TOWERS WATSON US LLC2 years

Service code 11 · EIN 53-0181291

Actuarial

$172,700

EXELON BUSINESS SERVICES CO5 years

Service code 14 · EIN 23-3063219

Plan Administrator

$118,991

NORTHERN TRUST COMPANY5 years

Service code 19 · EIN 36-1561860

Securities Custodian

$72,629

BLACKROCK6+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$70,510

MITCHELL & TITUS, LLP3 years

Service code 10 · EIN 13-2781641

Accounting

$17,500

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Service code 28 · EIN 13-3200244

Investment Management

$11,006

ALBOURNE AMERICA LLC3 years

Service code 16 · EIN 91-2164625

Consulting

$7,665

EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

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