Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY GROUP, INC

Name: EXELON CORPORATION - PENSION PLAN OF CONSTELLATION ENERGY GROUP, INC (2015) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENSION PLAN OF CONSTELLATION ENERGY GROUP, INC, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #016PY 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 #013Retirement-$305.8M assets #018Retirement-$296.6M assets #021Retirement-$169.4M assets #012Retirement-$78.3M assets #014Retirement-$55.1M assets #005Retirement-$34.7M assets #006Retirement-$2.5M assets

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$1400.6M

-3.6% from 2016

Total participants

10,885

+2.4% from 2016

Average account balance

No prior year

Annual return

-0.94%

-9.04 pp from 2016

Benchmarks

See 181 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort181 peers

Snapshot2015

Participant deferral / active EE

median $77

Employer contribution / active EE

$7,569

median $7,040

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

-0.94%

median -1.02%

Overall peer rank

46of 100

46th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$966.82M

Average account balance

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

$190K

Participants with account balance

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

3,124

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

$25.00M

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.31%

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 31 by compensation

Provider	Service type	Compensation
AON CONSULTING1+ years Service code 15 · EIN 22-2232264	Recordkeeping	$718,358
EXELON BUSINESS SERVICES CO1+ years Filed as: EXELON BUSINESS SERVICES COMPANY Service code 14 · EIN 23-3063219	Plan Administrator	$510,831
WILLIS TOWERS WATSON US LLC1+ years Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$419,974
NORTHERN TRUST COMPANY1+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$412,729
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS GLOBAL ASSET MANAGEMENT Service code 27 · EIN 36-3664388	Advisory (Plan)	$395,100
BLACKROCK1+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$334,817
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY Service code 28 · EIN 13-3040307	Investment Management	$163,001
BOSTON PARTNERS1+ years Service code 28 350 S GRAND AVE SUITE 1550 · LOS ANGELES, CA 90071	Investment Management	$90,563
PIMCO FUNDS1+ years Filed as: PACIFIC INVESTMENT MANAGEMENT CO Service code 27 · EIN 33-0629048	Advisory (Plan)	$87,835
ACADIAN ASSET MANAGEMENT LLC1+ years Service code 28 · EIN 04-2929221	Investment Management	$82,736

Enrolled actuary

1 attachment

JUDY M. KRUSE

TOWERS WATSON DELWARE, 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

1 tripped

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

$8.8M

$1596 / participant

Investment mgmt$2M20.0%
Contract admin$718K8.2%
Other / not subdivided$6M71.8%

% of EOY assets

0.627%

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

$10,105-100.0%

Participation rate

0.0%

0.0%0pp

11.1%-11.1pp

0.0%0pp

Annual return

-0.94%

3.11%-4.1pp

16.23%-17.2pp

3.11%-4.1pp

Employer contribution / active EE

$7,569

$9,361-19.1%

$17,605-57.0%

$9,361-19.1%

Participant deferral / active EE

$375-100.0%

$237-100.0%

$375-100.0%

Admin fee / account holder

$11-100.0%

Provider

Service type

Compensation

AON CONSULTING1+ years

Service code 15 · EIN 22-2232264

Recordkeeping

$718,358

EXELON BUSINESS SERVICES CO1+ years

Filed as: EXELON BUSINESS SERVICES COMPANY

Service code 14 · EIN 23-3063219

Plan Administrator

$510,831

WILLIS TOWERS WATSON US LLC1+ years

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$419,974

NORTHERN TRUST COMPANY1+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$412,729

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS GLOBAL ASSET MANAGEMENT

Service code 27 · EIN 36-3664388

Advisory (Plan)

$395,100

BLACKROCK1+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$334,817

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY

Service code 28 · EIN 13-3040307

Investment Management

$163,001

BOSTON PARTNERS1+ years

Service code 28

350 S GRAND AVE SUITE 1550 · LOS ANGELES, CA 90071

Investment Management

$90,563

PIMCO FUNDS1+ years

Filed as: PACIFIC INVESTMENT MANAGEMENT CO

Service code 27 · EIN 33-0629048

Advisory (Plan)

$87,835

ACADIAN ASSET MANAGEMENT LLC1+ years

Service code 28 · EIN 04-2929221

Investment Management

$82,736

PENSION PLAN OF CONSTELLATION ENERGY GROUP, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENSION PLAN OF CONSTELLATION ENERGY GROUP, INC

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