Retirement plan

PEPCO HOLDINGS, INC. RETIREMENT PLAN

Name: EXELON CORPORATION - PEPCO HOLDINGS, INC. RETIREMENT PLAN (2016) Form 5500
Creator: EXELON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEPCO HOLDINGS, INC. RETIREMENT PLAN, EXELON CORPORATION

EXELON CORPORATIONEIN 23-2990190Plan #022PY 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 #004Retirement-$1.84B assets #016Retirement-$1.45B assets #023Retirement-$1.14B assets #013Retirement-$338.8M assets #018Retirement-$309.1M assets #021Retirement-$178.2M assets #012Retirement-$83.7M assets #014Retirement-$55.3M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$2181.9M

-10.0% from 2017

Total participants

11,689

-1.0% from 2017

Average account balance

No prior year

Annual return

0.55%

-15.27 pp from 2017

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

$26,327

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

0.55%

median 7.55%

Overall peer rank

39of 100

39th percentileavg across 6 metrics

Analytics

2016 - 2024

Total assets (EOY)

Plan-year ending balance

$1.87B

Average account balance

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

$185K

Participants with account balance

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

7,106

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

$32.50M

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.27%

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 21 by compensation

Provider	Service type	Compensation
FRANKLIN TEMPLETON1+ years Filed as: TEMPLETON INVESTMENT COUNSEL LLC Service code 27 · EIN 94-3385113	Advisory (Plan)	$580,970
HARDING LOEVNER LP1+ years Filed as: HARDING LOEVNER Service code 27 · EIN 27-0684167	Advisory (Plan)	$485,880
BARROW, HANLEY, MEWHINNEY & STRAUSS1+ years Filed as: BARROW HANLEY Service code 27 · EIN 75-2403190	Advisory (Plan)	$455,353
AON CONSULTING1+ years Filed as: AON HEWITT Service code 15 · EIN 22-2232264	Recordkeeping	$310,793
PGIM INVESTMENTS1+ years Filed as: JENNISON ASSOCIATES LLC Service code 27 · EIN 22-2540245	Advisory (Plan)	$281,989
DONALD TAYLOR1+ years Filed as: DONALD SMITH & CO INC. Service code 27 · EIN 13-2807845	Advisory (Plan)	$276,955
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: PINNACLE INVESTMENT MANAGEMENT Service code 27 · EIN 13-3220717	Advisory (Plan)	$218,212
PIMCO FUNDS1+ years Filed as: PACIFIC INVESTMENT MANAGEMENT CO Service code 27 · EIN 33-0629048	Advisory (Plan)	$217,776
NORTHERN TRUST COMPANY1+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$214,941
WILLIS TOWERS WATSON US LLC1+ years Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$194,014

Enrolled actuary

1 attachment

JUDY M. KRUSE

TOWERS WATSON DELAWARE, INC.

Enrollment #1705907

233 SOUTH WACKER DRIVE, SUITE 1800

CHICAGO, IL 60606

(312) 525-2500

Signed 2017-10-10

Plan features & details

Pension benefit codes1A1B1C

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).
1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
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).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$5.5M

$1206 / participant

Investment mgmt$3M49.8%
Contract admin$20K0.4%
Other / not subdivided$3M49.9%

% of EOY assets

0.252%

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

0.55%

9.70%-9.2pp

1.15%-0.6pp

9.19%-8.6pp

Employer contribution / active EE

$26,327

$15,369+71.3%

$26,3390%

$12,608+108.8%

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

FRANKLIN TEMPLETON1+ years

Filed as: TEMPLETON INVESTMENT COUNSEL LLC

Service code 27 · EIN 94-3385113

Advisory (Plan)

$580,970

HARDING LOEVNER LP1+ years

Filed as: HARDING LOEVNER

Service code 27 · EIN 27-0684167

Advisory (Plan)

$485,880

BARROW, HANLEY, MEWHINNEY & STRAUSS1+ years

Filed as: BARROW HANLEY

Service code 27 · EIN 75-2403190

Advisory (Plan)

$455,353

AON CONSULTING1+ years

Filed as: AON HEWITT

Service code 15 · EIN 22-2232264

Recordkeeping

$310,793

PGIM INVESTMENTS1+ years

Filed as: JENNISON ASSOCIATES LLC

Service code 27 · EIN 22-2540245

Advisory (Plan)

$281,989

DONALD TAYLOR1+ years

Filed as: DONALD SMITH & CO INC.

Service code 27 · EIN 13-2807845

Advisory (Plan)

$276,955

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: PINNACLE INVESTMENT MANAGEMENT

Service code 27 · EIN 13-3220717

Advisory (Plan)

$218,212

PIMCO FUNDS1+ years

Filed as: PACIFIC INVESTMENT MANAGEMENT CO

Service code 27 · EIN 33-0629048

Advisory (Plan)

$217,776

NORTHERN TRUST COMPANY1+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$214,941

WILLIS TOWERS WATSON US LLC1+ years

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$194,014

PEPCO HOLDINGS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEPCO HOLDINGS, INC. RETIREMENT PLAN

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