Retirement plan

PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC

Name: EXELON CORPORATION - PENSION PLAN OF CONSTELLATION ENERGY NUCLEAR GROUP, LLC (2019) 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 2019

10 S. DEARBORN ST., 51ST FLOOR - CHICAGO, IL 60603312-394-4107exeloncorp.comLinkedIn10001+ employeesutilities

Other plans on this EIN

10 filings

#002Retirement-$14.03B assets #003Retirement-$9.84B assets #022Retirement-$2.33B assets #016Retirement-$1.64B assets #013Retirement-$468.2M assets #021Retirement-$149.5M assets #005Retirement-$104.1M assets #012Retirement-$66.7M assets #014Retirement-$63.3M assets #006Retirement-$3.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$357.1M

-4.1% from 2016

Total participants

1,503

+3.3% from 2016

Average account balance

No prior year

Annual return

17.18%

-8.87 pp from 2016

Benchmarks

See 47 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort47 peers

Snapshot2019

Participant deferral / active EE

median $29

Employer contribution / active EE

$19,666

median $16,418

Participation rate

0.0%

median 0.0%

Avg account balance

median $341,093,897

Admin fee / account holder

median $1,551,325

Annual return

17.18%

median 19.21%

Overall peer rank

40of 100

40th 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 9 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC1 year Service code 11 · EIN 53-0181291	Actuarial	$150,436
ALIGHT SOLUTIONS LLC3 years Filed as: ALIGHT SOLUTIONS, LLC Service code 15 · EIN 82-1061233	Recordkeeping	$149,168
BLACKROCK5+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$81,418
EXELON BUSINESS SERVICES CO4 years Service code 14 · EIN 23-3063219	Plan Administrator	$79,967
NORTHERN TRUST COMPANY5+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$61,386
MITCHELL & TITUS, LLP2 years Service code 10 · EIN 13-2781641	Accounting	$15,945
FRANKLIN TEMPLETON4 years Filed as: TEMPLETON INVESTMENT COUNSEL, LLC Service code 28 · EIN 94-3385113	Investment Management	$10,173
ALBOURNE AMERICA LLC2 years Service code 16 · EIN 91-2164625	Consulting	$6,298
AB FUNDS1 year Filed as: ALLIANCE BERNSTEIN L.P. Service code 28 · EIN 13-4064930	Investment Management	$5,715

Enrolled actuary

1 attachment

JUDY M. KRUSE

WILLIS TOWERS WATSON US LLC

Enrollment #2005907

233 SOUTH WACKER DRIVE, SUITE 1800

CHICAGO, IL 606061615

(312) 525-2500

Signed 2020-09-30

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.7M

$1709 / participant

Investment mgmt$167K9.6%
Contract admin$149K8.6%
Other / not subdivided$1M81.8%

% of EOY assets

0.487%

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: MITCHELL & TITUS, LLP
Auditor EIN: 132781641
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$341,093,897-100.0%

Participation rate

0.0%

0.0%0pp

Annual return

17.18%

17.95%-0.8pp

13.45%+3.7pp

21.83%-4.7pp

Employer contribution / active EE

$19,666

$16,835+16.8%

$26,057-24.5%

$12,237+60.7%

Participant deferral / active EE

$317-100.0%

$181-100.0%

$987-100.0%

Admin fee / account holder

$1,551,325-100.0%

Provider

Service type

Compensation

WILLIS TOWERS WATSON US LLC1 year

Service code 11 · EIN 53-0181291

Actuarial

$150,436

ALIGHT SOLUTIONS LLC3 years

Filed as: ALIGHT SOLUTIONS, LLC

Service code 15 · EIN 82-1061233

Recordkeeping

$149,168

BLACKROCK5+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$81,418

EXELON BUSINESS SERVICES CO4 years

Service code 14 · EIN 23-3063219

Plan Administrator

$79,967

NORTHERN TRUST COMPANY5+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$61,386

MITCHELL & TITUS, LLP2 years

Service code 10 · EIN 13-2781641

Accounting

$15,945

FRANKLIN TEMPLETON4 years

Filed as: TEMPLETON INVESTMENT COUNSEL, LLC

Service code 28 · EIN 94-3385113

Investment Management

$10,173

ALBOURNE AMERICA LLC2 years

Service code 16 · EIN 91-2164625

Consulting

$6,298

AB FUNDS1 year

Filed as: ALLIANCE BERNSTEIN L.P.

Service code 28 · EIN 13-4064930

Investment Management

$5,715

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