2023 Form 5500 filing — Peco Energy Company Retiree Medical Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011160247NAL0037598096001) for Peco Energy Company Retiree Medical Plan, reported by Exelon Corporation under EIN 23-2990190 and plan number 516. It reports 1,636 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011160247NAL0037598096001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Exelon Corporation
- EIN
- 23-2990190
- Plan number
- 516
- Location
- Chicago, IL
- Participants
- 1,636
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $167,477,544
- Total liabilities (EOY)
- $4,836,459
- Net assets (EOY)
- $162,641,085
- Participant contributions
- $2,949,907
- Total income / additions
- $20,584,132
- Benefits paid
- $24,516,950
- Administrative expenses
- $1,701,956
- Total expenses
- $26,218,906
- Net increase / (decrease)
- -$5,634,774
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Independence Hospital Indemnity Pln | CONTRACT ADMINISTRATOR | $718,219 | not reported in the loaded dataset |
| Optumrx | CONTRACT ADMINISTRATOR | $388,483 | not reported in the loaded dataset |
| Alight Solutions LLC | RECORD KEEPING | $300,791 | not reported in the loaded dataset |
| Exelon Business Services Company | ADMINISTRATOR | $73,435 | not reported in the loaded dataset |
| Keystone Health Plan East | CONTRACT ADMINISTRATOR | $47,287 | not reported in the loaded dataset |
| Cigna Health And Life Insurance Co | CONTRACT ADMINISTRATOR | $44,441 | not reported in the loaded dataset |
| Willis Towers Watson Us LLC | ACTUARY | $37,031 | not reported in the loaded dataset |
| Health Care Service Corp. | CONTRACT ADMINISTRATOR | $32,856 | not reported in the loaded dataset |
| Mitchell & Titus, Llp | AUDITOR | $26,570 | not reported in the loaded dataset |
| Edgewood Partners Insurance Center | CONSULTING | $19,090 | not reported in the loaded dataset |
| Plante Moran | CONSULTING | $5,219 | not reported in the loaded dataset |