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 (2016) 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 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 #004Retirement-$1.84B assets #016Retirement-$1.45B assets #023Retirement-$1.14B assets #018Retirement-$309.1M assets #021Retirement-$178.2M assets #012Retirement-$83.7M assets #014Retirement-$55.3M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$338.8M

-9.7% from 2016

Total participants

2,502

+1.4% from 2016

Average account balance

No prior year

Annual return

5.02%

-5.29 pp from 2016

Benchmarks

See 52 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort52 peers

Snapshot2016

Participant deferral / active EE

median $19

Employer contribution / active EE

$23,883

median $13,083

Participation rate

0.0%

median 0.0%

Avg account balance

median $381,942,733

Admin fee / account holder

median $2,655,710

Annual return

5.02%

median 7.55%

Overall peer rank

44of 100

44th 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 9 by compensation

Provider	Service type	Compensation
AON CONSULTING2+ years Service code 15 · EIN 22-2232264	Recordkeeping	$247,288
WILLIS TOWERS WATSON US LLC2+ years Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$217,833
EXELON BUSINESS SERVICES CO1 year Service code 14 · EIN 23-3063219	Plan Administrator	$111,120
BLACKROCK2+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$30,784
NORTHERN TRUST COMPANY1 year Service code 19 · EIN 36-1561860	Securities Custodian	$19,032
WASHINGTON, PITTMAN & MCKEEVER, LLC1 year Filed as: WASHINGTON PITTMAN & MCKEEVER Service code 10 · EIN 36-4189747	Accounting	$13,300
AB FUNDS2+ years Filed as: ALLIANCE BERNSTEIN Service code 28 · EIN 13-4064930	Investment Management	$11,282
T ROWE PRICE RPS INC1 year Filed as: T.ROWE PRICE TRUST CO. Service code 28 · EIN 52-0556948	Investment Management	$9,849
FRANKLIN TEMPLETON1 year Filed as: TEMPLETON INVESTMENT COUNSEL, LLC Service code 28 · EIN 94-3385113	Investment Management	$9,080

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 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

$2.1M

$1576 / participant

Investment mgmt$95K4.4%
Contract admin$247K11.6%
Other / not subdivided$2M84.0%

% of EOY assets

0.632%

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

$381,942,733-100.0%

$14,339-100.0%

$381,942,733-100.0%

Participation rate

0.0%

0.0%0pp

17.0%-17.0pp

0.0%0pp

Annual return

5.02%

9.70%-4.7pp

1.15%+3.9pp

9.19%-4.2pp

Employer contribution / active EE

$23,883

$15,369+55.4%

$26,339-9.3%

$12,608+89.4%

Participant deferral / active EE

$317-100.0%

$178-100.0%

$1,615-100.0%

Admin fee / account holder

$2,655,710-100.0%

$3,605-100.0%

$2,655,710-100.0%

Provider

Service type

Compensation

AON CONSULTING2+ years

Service code 15 · EIN 22-2232264

Recordkeeping

$247,288

WILLIS TOWERS WATSON US LLC2+ years

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$217,833

EXELON BUSINESS SERVICES CO1 year

Service code 14 · EIN 23-3063219

Plan Administrator

$111,120

BLACKROCK2+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$30,784

NORTHERN TRUST COMPANY1 year

Service code 19 · EIN 36-1561860

Securities Custodian

$19,032

WASHINGTON, PITTMAN & MCKEEVER, LLC1 year

Filed as: WASHINGTON PITTMAN & MCKEEVER

Service code 10 · EIN 36-4189747

Accounting

$13,300

AB FUNDS2+ years

Filed as: ALLIANCE BERNSTEIN

Service code 28 · EIN 13-4064930

Investment Management

$11,282

T ROWE PRICE RPS INC1 year

Filed as: T.ROWE PRICE TRUST CO.

Service code 28 · EIN 52-0556948

Investment Management

$9,849

FRANKLIN TEMPLETON1 year

Filed as: TEMPLETON INVESTMENT COUNSEL, LLC

Service code 28 · EIN 94-3385113

Investment Management

$9,080

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