Retirement plan

CONSTELLATION RETIREMENT PROGRAM

Name: CONSTELLATION ENERGY GENERATION LLC - CONSTELLATION RETIREMENT PROGRAM (2024) Form 5500
Creator: CONSTELLATION ENERGY GENERATION LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSTELLATION RETIREMENT PROGRAM, CONSTELLATION ENERGY GENERATION LLC

CONSTELLATION ENERGY GENERATION LLCEIN 23-3064219Plan #001PY 2024

200 ENERGY WAY - KENNETT SQUARE, PA 19348779-231-5341

Other plans on this EIN

4 filings

#006Retirement-$5.98B assets #013Retirement-$1.20B assets #002Retirement-$97.4M assets #005Retirement-$2.2M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$5003.7M

+0.7% from 2023

Total participants

17,060

+1.7% from 2023

Average account balance

No prior year

Annual return

0.44%

-5.41 pp from 2023

Benchmarks

See 38 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort38 peers

Snapshot2024

Participant deferral / active EE

median $123

Employer contribution / active EE

$24,386

median $9,650

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

0.44%

median 5.42%

Overall peer rank

35of 100

35th percentileavg across 6 metrics

Analytics

2022 - 2024

Total assets (EOY)

Plan-year ending balance

$5.00B

Average account balance

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

$293K

Participants with account balance

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

12,591

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

$108.98M

Not enough data

2 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Not enough data

2 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.44%

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 14 by compensation

Provider	Service type	Compensation
CONSTELLATION ENERGY GENERATION LLC3+ years Service code 14 · EIN 23-3064219	Plan Administrator	$4,168,836
ALIGHT SOLUTIONS LLC3+ years Service code 15 · EIN 82-0161233	Recordkeeping	$1,276,305
NORTHERN TRUST COMPANY3+ years Filed as: NORTHERN TRUST CORPORATION Service code 19 · EIN 36-1561860	Securities Custodian	$973,531
WILLIS TOWERS WATSON US LLC3+ years Service code 11 · EIN 53-0181291	Actuarial	$452,143
BLACKROCK3+ years Filed as: BLACKROCK FINANCIAL MANAGEMENT, INC Service code 28 · EIN 13-3806691	Investment Management	$348,150
CAISSA LLC3+ years Filed as: CAISSA, LLC Service code 49 · EIN 80-0803957	Other Services	$245,188
ALBOURNE AMERICA LLC3+ years Filed as: ALBOURNE AMERICA, LLC Service code 16 · EIN 91-2164625	Consulting	$197,630
STEPSTONE GROUP LP1 year Service code 16 · EIN 33-1156466	Consulting	$100,792
PLANTE & MORAN, PLLC3+ years Filed as: PLANTE MORAN Service code 16 10 S RIVERSIDE PLAZA · CHICAGO, IL 60606	Consulting	$80,750
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CAMBRIDGE ASSOCIATES LLC Service code 16 · EIN 04-3515240	Consulting	$51,407

Enrolled actuary

1 attachment

JUDY M. KRUSE

WILLIS TOWERS WATSON US LLC

Enrollment #2305907

233 SOUTH WACKER DRIVE,

SUITE 1800

CHICAGO, IL 60606

(312) 525-2500

Signed 2025-09-09

Plan features & details

Pension benefit codes1A1C3F3H

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

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

$20.4M

$4561 / participant

Investment mgmt$20M99.6%
Other / not subdivided$82K0.4%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

1 / 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

Participation rate

0.0%

0.0%0pp

Annual return

0.44%

18.61%-18.2pp

4.95%-4.5pp

9.30%-8.9pp

Employer contribution / active EE

$24,386

$11,871+105.4%

$20,917+16.6%

$12,551+94.3%

Participant deferral / active EE

$119-100.0%

$188-100.0%

$2,867-100.0%

Admin fee / account holder

Provider

Service type

Compensation

CONSTELLATION ENERGY GENERATION LLC3+ years

Service code 14 · EIN 23-3064219

Plan Administrator

$4,168,836

ALIGHT SOLUTIONS LLC3+ years

Service code 15 · EIN 82-0161233

Recordkeeping

$1,276,305

NORTHERN TRUST COMPANY3+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 19 · EIN 36-1561860

Securities Custodian

$973,531

WILLIS TOWERS WATSON US LLC3+ years

Service code 11 · EIN 53-0181291

Actuarial

$452,143

BLACKROCK3+ years

Filed as: BLACKROCK FINANCIAL MANAGEMENT, INC

Service code 28 · EIN 13-3806691

Investment Management

$348,150

CAISSA LLC3+ years

Filed as: CAISSA, LLC

Service code 49 · EIN 80-0803957

Other Services

$245,188

ALBOURNE AMERICA LLC3+ years

Filed as: ALBOURNE AMERICA, LLC

Service code 16 · EIN 91-2164625

Consulting

$197,630

STEPSTONE GROUP LP1 year

Service code 16 · EIN 33-1156466

Consulting

$100,792

PLANTE & MORAN, PLLC3+ years

Filed as: PLANTE MORAN

Service code 16

10 S RIVERSIDE PLAZA · CHICAGO, IL 60606

Consulting

$80,750

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CAMBRIDGE ASSOCIATES LLC

Service code 16 · EIN 04-3515240

Consulting

$51,407

CONSTELLATION RETIREMENT PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

JUDY M. KRUSE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSTELLATION RETIREMENT PROGRAM

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