Plan Snapshot
- Plan Sponsor: Exelon Corporation
- Sponsor EIN: 232990190
- Sponsor Address: 10 S. DEARBORN ST., 51ST FLOOR, CHICAGO, IL, 60603
- Plan Type: Health & Welfare
- Plan Number: 516
- Total Participants: 1,685
- Total Assets: $149.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,685 | $149.1M | $943,806 | $3.0M |
| 2023 | 1,636 | $167.5M | $0 | $2.9M |
| 2022 | 2,751 | $184.2M | $3.5M | $4.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| INDEPENDENCE HOSPITAL INDEMNITY PLN | Recordkeeper | $715,459 | — | $715,459 |
| OPTUMRX | Recordkeeper | $420,940 | — | $420,940 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $279,160 | — | $279,160 |
| EXELON BUSINESS SERVICES COMPANY | Recordkeeper | $91,336 | — | $91,336 |
| WILLIS TOWERS WATSON US LLC | Actuary | $61,685 | — | $61,685 |
| KEYSTONE HEALTH PLAN EAST | Recordkeeper | $43,311 | — | $43,311 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Recordkeeper | $43,243 | — | $43,243 |
| HEALTH CARE SERVICE CORP. | Recordkeeper | $42,280 | — | $42,280 |
| QCC INSURANCE COMPANY | Recordkeeper | $28,747 | — | $28,747 |
| MITCHELL & TITUS, LLP | Auditor | $26,570 | — | $26,570 |
| EDGEWOOD PARTNERS INSURANCE CENTER | Recordkeeper | $14,638 | — | $14,638 |
| PLANTE MORAN | Other Service Provider | $7,340 | — | $7,340 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Actuary
- MITCHELL & TITUS, LLP — Auditor
- EDGEWOOD PARTNERS INSURANCE CENTER — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,774,709
- Estimated Expense Ratio: 1.190% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,780,576 | — | $1,297,677 | $26,570 | — |
| 2023 | $1,701,956 | — | $1,236,126 | $26,570 | — |
| 2022 | $1,817,554 | $63,879 | $1,634,066 | — | $70,486 |