Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

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

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$296.6M

-4.1% from 2016

Total participants

1,786

+3.3% from 2016

Average account balance

No prior year

Annual return

-1.00%

-8.87 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

$15,047

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

-1.00%

median -1.31%

Overall peer rank

54of 100

54th percentileavg across 6 metrics

Analytics

2015 - 2020

Total assets (EOY)

Plan-year ending balance

$391.61M

Average account balance

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

$272K

Participants with account balance

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

496

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

$15.00M

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.02%

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 19 by compensation

Provider	Service type	Compensation
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Service code 27 · EIN 13-3200244	Advisory (Plan)	$252,678
AON CONSULTING1+ years Service code 15 · EIN 22-2232264	Recordkeeping	$203,010
WILLIS TOWERS WATSON US LLC1+ years Filed as: TOWERS WATSON DELAWARE, INC Service code 11 · EIN 53-0181291	Actuarial	$181,968
BLACKROCK1+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$74,411
NORTHERN TRUST COMPANY1+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$47,272
ACADIAN ASSET MANAGEMENT LLC1+ years Filed as: ACADIAN ASSET MANAGEMENT, LLC Service code 28 · EIN 04-2929221	Investment Management	$16,897
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY Service code 28 · EIN 13-3040307	Investment Management	$15,993
AB FUNDS1+ years Filed as: ALLIANCE BERNSTEIN Service code 28 · EIN 13-4064930	Investment Management	$15,932
T ROWE PRICE RPS INC1+ years Filed as: T. ROWE PRICE TRUST COMPANY Service code 28 · EIN 52-0556948	Investment Management	$15,556
WASHINGTON, PITTMAN & MCKEEVER, LLC1+ years Service code 10 · EIN 36-4189747	Accounting	$15,185

Enrolled actuary

1 attachment

JUDY M. KRUSE

TOWERS WATSON DELAWARE INC.

Enrollment #1405907

191 N WACKER DRIVE SUITE 2100

CHICAGO, IL 606061615

(312) 525-2500

Signed 2016-10-07

Plan features & details

Pension benefit codes1A1C3H

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).
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

$1.6M

$1191 / participant

Investment mgmt$495K30.6%
Contract admin$203K12.5%
Other / not subdivided$920K56.9%

% of EOY assets

0.546%

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

-1.00%

-3.37%+2.4pp

16.23%-17.2pp

1.67%-2.7pp

Employer contribution / active EE

$15,047

$15,879-5.2%

$17,605-14.5%

$10,506+43.2%

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

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Service code 27 · EIN 13-3200244

Advisory (Plan)

$252,678

AON CONSULTING1+ years

Service code 15 · EIN 22-2232264

Recordkeeping

$203,010

WILLIS TOWERS WATSON US LLC1+ years

Filed as: TOWERS WATSON DELAWARE, INC

Service code 11 · EIN 53-0181291

Actuarial

$181,968

BLACKROCK1+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$74,411

NORTHERN TRUST COMPANY1+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$47,272

ACADIAN ASSET MANAGEMENT LLC1+ years

Filed as: ACADIAN ASSET MANAGEMENT, LLC

Service code 28 · EIN 04-2929221

Investment Management

$16,897

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY

Service code 28 · EIN 13-3040307

Investment Management

$15,993

AB FUNDS1+ years

Filed as: ALLIANCE BERNSTEIN

Service code 28 · EIN 13-4064930

Investment Management

$15,932

T ROWE PRICE RPS INC1+ years

Filed as: T. ROWE PRICE TRUST COMPANY

Service code 28 · EIN 52-0556948

Investment Management

$15,556

WASHINGTON, PITTMAN & MCKEEVER, LLC1+ years

Service code 10 · EIN 36-4189747

Accounting

$15,185

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

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 NUCLEAR GROUP, LLC

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