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EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 401k Plan overview

Plan NameEXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK
Plan identification number 013

EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CONSTELLATION ENERGY GENERATION LLC has sponsored the creation of one or more 401k plans.

Company Name:CONSTELLATION ENERGY GENERATION LLC
Employer identification number (EIN):233064219
NAIC Classification:221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0132022-01-01
0132021-01-01

Plan Statistics for EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

401k plan membership statisitcs for EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

Measure Date Value
2022: EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2022 401k membership
Market value of plan assets2022-12-31599,094,033
Acturial value of plan assets2022-12-31587,268,444
Funding target for retired participants and beneficiaries receiving payment2022-12-31263,390,047
Number of terminated vested participants2022-12-31340
Fundng target for terminated vested participants2022-12-3134,384,784
Active participant vested funding target2022-12-31143,424,579
Number of active participants2022-12-311,041
Total funding liabilities for active participants2022-12-31151,271,316
Total participant count2022-12-312,671
Total funding target for all participants2022-12-31449,046,147
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31114,821,365
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3117,329,157
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3197,492,208
Present value of excess contributions2022-12-3161,616,892
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3165,650,661
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3165,650,661
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31171,858,672
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Liquidity shortfalls end of Q12022-12-310
Liquidity shortfalls end of Q22022-12-310
Liquidity shortfalls end of Q32022-12-310
Liquidity shortfalls end of Q42022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-3130,914,856
Net shortfall amortization installment of oustanding balance2022-12-3153,696,056
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3123,200,669
Prefunding balance elected to use to offset funding requirement2022-12-3123,200,669
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-012,671
Total number of active participants reported on line 7a of the Form 55002022-01-013,748
Number of retired or separated participants receiving benefits2022-01-012,672
Number of other retired or separated participants entitled to future benefits2022-01-011,183
Total of all active and inactive participants2022-01-017,603
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01187
Total participants2022-01-017,790
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2021 401k membership
Market value of plan assets2021-12-31518,958,462
Acturial value of plan assets2021-12-31515,391,823
Funding target for retired participants and beneficiaries receiving payment2021-12-31229,818,435
Number of terminated vested participants2021-12-31348
Fundng target for terminated vested participants2021-12-3132,685,598
Active participant vested funding target2021-12-31151,205,409
Number of active participants2021-12-311,171
Total funding liabilities for active participants2021-12-31159,765,778
Total participant count2021-12-312,708
Total funding target for all participants2021-12-31422,269,811
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3182,129,529
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3117,570,382
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3164,559,147
Present value of excess contributions2021-12-3142,377,194
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3145,181,413
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3145,181,413
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31114,821,365
Total employer contributions2021-12-3165,449,605
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-3161,616,892
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3114,985,016
Net shortfall amortization installment of oustanding balance2021-12-3121,699,353
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3117,329,157
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-3117,329,157
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3161,616,892
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-012,708
Total number of active participants reported on line 7a of the Form 55002021-01-011,041
Number of retired or separated participants receiving benefits2021-01-011,195
Number of other retired or separated participants entitled to future benefits2021-01-01340
Total of all active and inactive participants2021-01-012,576
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0195
Total participants2021-01-012,671
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011

Financial Data on EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

Measure Date Value
2022 : EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$982,309,254
Total transfer of assets from this plan2022-12-31$-1,155,110
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$8,141,796
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$2,380,185
Total income from all sources (including contributions)2022-12-31$-229,744,706
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$114,468,833
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$111,052,714
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$9,500,000
Value of total assets at end of year2022-12-31$1,244,482,474
Value of total assets at beginning of year2022-12-31$599,470,038
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,416,119
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$50,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$9,500,000
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$656,253
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$8,141,796
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$89,344
Administrative expenses (other) incurred2022-12-31$138,085
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-344,213,539
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,236,340,678
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$597,089,853
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$3,278,034
Value of interest in master investment trust accounts at end of year2022-12-31$1,234,326,221
Value of interest in master investment trust accounts at beginning of year2022-12-31$534,020,433
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Employer contributions (assets) at end of year2022-12-31$9,500,000
Employer contributions (assets) at beginning of year2022-12-31$65,449,605
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$111,052,714
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$2,290,841
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MITCHELL & TITUS, LLP
Accountancy firm EIN2022-12-31132781641
2021 : EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$2,380,185
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$2,492,015
Total income from all sources (including contributions)2021-12-31$110,336,876
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$29,908,063
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$28,573,845
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$65,449,605
Value of total assets at end of year2021-12-31$599,470,038
Value of total assets at beginning of year2021-12-31$519,153,055
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$1,334,218
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$220,290
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$50,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$89,344
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$78,486
Administrative expenses (other) incurred2021-12-31$738,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$80,428,813
Value of net assets at end of year (total assets less liabilities)2021-12-31$597,089,853
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$516,661,040
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$83,118
Value of interest in master investment trust accounts at end of year2021-12-31$534,020,433
Value of interest in master investment trust accounts at beginning of year2021-12-31$474,153,055
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$65,449,605
Employer contributions (assets) at end of year2021-12-31$65,449,605
Employer contributions (assets) at beginning of year2021-12-31$45,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$28,573,845
Contract administrator fees2021-12-31$292,460
Liabilities. Value of benefit claims payable at end of year2021-12-31$2,290,841
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$2,413,529
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MITCHELL & TITUS, LLP
Accountancy firm EIN2021-12-31132781641

Form 5500 Responses for EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK

2022: EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: EXELON EMPLOYEE PENSION PLAN FOR CLINTON, TMI, AND OYSTER CREEK 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes

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