Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

Name: EXELON CORPORATION - PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC (2016) 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 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 #013Retirement-$338.8M assets #021Retirement-$178.2M assets #012Retirement-$83.7M assets #014Retirement-$55.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$309.1M

-4.1% from 2016

Total participants

1,729

+3.3% from 2016

Average account balance

No prior year

Annual return

7.87%

-8.87 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

$11,686

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

7.87%

median 7.55%

Overall peer rank

47of 100

47th 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 11 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC2+ years Filed as: TOWERS WATSON DELAWARE, INC Service code 11 · EIN 53-0181291	Actuarial	$100,035
EXELON BUSINESS SERVICES CO1 year Service code 14 · EIN 23-3063219	Plan Administrator	$89,291
AON CONSULTING1 year Filed as: AON HEWITT Service code 15 · EIN 22-2232264	Recordkeeping	$84,298
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS GLOBAL ASSET MGMT (AMERICAS) Service code 27 · EIN 36-3664388	Advisory (Plan)	$50,674
BLACKROCK2+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$30,094
NORTHERN TRUST COMPANY2+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$18,634
WASHINGTON, PITTMAN & MCKEEVER, LLC1 year Filed as: WASHINGTON, PITTMAN MCKEEVER LLC Service code 10 · EIN 36-4189747	Accounting	$15,185
AB FUNDS2+ years Filed as: ALLIANCE BERNSTEIN Service code 28 · EIN 13-4064930	Investment Management	$11,200
T ROWE PRICE RPS INC1 year Filed as: T.ROWE PRICE TRUST CO Service code 28 · EIN 52-0556948	Investment Management	$9,340
FRANKLIN TEMPLETON1 year Filed as: TEMPLETON INVESTMENT COUNSEL, LLC Service code 28 · EIN 94-3385113	Investment Management	$8,611

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 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

$1.3M

$1024 / participant

Investment mgmt$164K12.6%
Contract admin$84K6.5%
Other / not subdivided$1M80.9%

% of EOY assets

0.421%

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

7.87%

9.70%-1.8pp

1.15%+6.7pp

9.19%-1.3pp

Employer contribution / active EE

$11,686

$15,369-24.0%

$26,339-55.6%

$12,608-7.3%

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

WILLIS TOWERS WATSON US LLC2+ years

Filed as: TOWERS WATSON DELAWARE, INC

Service code 11 · EIN 53-0181291

Actuarial

$100,035

EXELON BUSINESS SERVICES CO1 year

Service code 14 · EIN 23-3063219

Plan Administrator

$89,291

AON CONSULTING1 year

Filed as: AON HEWITT

Service code 15 · EIN 22-2232264

Recordkeeping

$84,298

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS GLOBAL ASSET MGMT (AMERICAS)

Service code 27 · EIN 36-3664388

Advisory (Plan)

$50,674

BLACKROCK2+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$30,094

NORTHERN TRUST COMPANY2+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$18,634

WASHINGTON, PITTMAN & MCKEEVER, LLC1 year

Filed as: WASHINGTON, PITTMAN MCKEEVER LLC

Service code 10 · EIN 36-4189747

Accounting

$15,185

AB FUNDS2+ years

Filed as: ALLIANCE BERNSTEIN

Service code 28 · EIN 13-4064930

Investment Management

$11,200

T ROWE PRICE RPS INC1 year

Filed as: T.ROWE PRICE TRUST CO

Service code 28 · EIN 52-0556948

Investment Management

$9,340

FRANKLIN TEMPLETON1 year

Filed as: TEMPLETON INVESTMENT COUNSEL, LLC

Service code 28 · EIN 94-3385113

Investment Management

$8,611

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