Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

Name: EXELON CORPORATION - PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC (2017) 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 2017

10 S. DEARBORN ST., 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities

Other plans on this EIN

10 filings

#002Retirement-$11.65B assets #003Retirement-$8.06B assets #022Retirement-$2.43B assets #004Retirement-$2.15B assets #016Retirement-$1.62B assets #023Retirement-$1.28B assets #013Retirement-$401.7M assets #021Retirement-$185.7M assets #012Retirement-$95.2M assets #005Retirement-$70.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$364.1M

-4.1% from 2016

Total participants

1,660

+3.3% from 2016

Average account balance

No prior year

Annual return

18.31%

-8.87 pp from 2016

Benchmarks

See 51 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort51 peers

Snapshot2017

Participant deferral / active EE

median $46

Employer contribution / active EE

$18,564

median $12,049

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

18.31%

median 14.48%

Overall peer rank

78of 100

78th 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 18 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC1 year Filed as: ALIGHT SOLUTIONS, LLC Service code 15 · EIN 82-1061233	Recordkeeping	$146,414
WILLIS TOWERS WATSON US LLC3+ years Filed as: TOWERS WATSON DELAWARE, INC Service code 11 · EIN 53-0181291	Actuarial	$133,656
OAKTREE CAPITAL MANAGEMENT, L.P.1 year Filed as: OAKTREE CAPITAL MGMT LP Service code 28 · EIN 26-0189082	Investment Management	$81,962
NORTHERN TRUST COMPANY3+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$77,079
EXELON BUSINESS SERVICES CO2 years Service code 14 · EIN 23-3063219	Plan Administrator	$74,231
BLACKROCK3+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$61,727
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INVESTMENT MGMT Service code 28 · EIN 13-3040307	Investment Management	$28,791
ACADIAN ASSET MANAGEMENT LLC1 year Filed as: ACADIAN ASSET MGMT LLC Service code 28 · EIN 04-2929221	Investment Management	$25,066
UBS FINANCIAL SERVICES INC1 year Filed as: UBS ASSET MANAGEMENT TRUST COMPANY Service code 27 · EIN 36-3718331	Advisory (Plan)	$16,886
WASHINGTON, PITTMAN & MCKEEVER, LLC2 years Filed as: WASHINGTON, PITTMAN MCKEEVER LLC Service code 10 · EIN 36-4189747	Accounting	$15,945

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 2018-09-26

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

$1.8M

$1498 / participant

Investment mgmt$311K17.5%
Contract admin$146K8.2%
Other / not subdivided$1M74.3%

% of EOY assets

0.489%

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

$9,655,338-100.0%

Participation rate

0.0%

0.0%0pp

7.4%-7.4pp

0.0%0pp

Annual return

18.31%

19.60%-1.3pp

11.12%+7.2pp

17.84%+0.5pp

Employer contribution / active EE

$18,564

$16,438+12.9%

$22,651-18.0%

$14,688+26.4%

Participant deferral / active EE

$424-100.0%

$198-100.0%

$770-100.0%

Admin fee / account holder

$57,986-100.0%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC1 year

Filed as: ALIGHT SOLUTIONS, LLC

Service code 15 · EIN 82-1061233

Recordkeeping

$146,414

WILLIS TOWERS WATSON US LLC3+ years

Filed as: TOWERS WATSON DELAWARE, INC

Service code 11 · EIN 53-0181291

Actuarial

$133,656

OAKTREE CAPITAL MANAGEMENT, L.P.1 year

Filed as: OAKTREE CAPITAL MGMT LP

Service code 28 · EIN 26-0189082

Investment Management

$81,962

NORTHERN TRUST COMPANY3+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$77,079

EXELON BUSINESS SERVICES CO2 years

Service code 14 · EIN 23-3063219

Plan Administrator

$74,231

BLACKROCK3+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$61,727

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INVESTMENT MGMT

Service code 28 · EIN 13-3040307

Investment Management

$28,791

ACADIAN ASSET MANAGEMENT LLC1 year

Filed as: ACADIAN ASSET MGMT LLC

Service code 28 · EIN 04-2929221

Investment Management

$25,066

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS ASSET MANAGEMENT TRUST COMPANY

Service code 27 · EIN 36-3718331

Advisory (Plan)

$16,886

WASHINGTON, PITTMAN & MCKEEVER, LLC2 years

Filed as: WASHINGTON, PITTMAN MCKEEVER LLC

Service code 10 · EIN 36-4189747

Accounting

$15,945

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