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Form 5500 · Employee benefit plan · CHICAGO, IL

EXELON CORPORATION

The filing calls this plan EXELON CORPORATION HEALTH CARE PROGRAM.

Public Form 5500 records show how EXELON CORPORATION of CHICAGO, IL, a utilities employer, structures its employee benefits. Coverage is written through HUMANA INSURANCE COMPANY and 2 other carriers. The plan's most recent policy period ended in December.

Benefits broker of record
Not disclosed
Insurance carrier
HUMANA INSURANCE COMPANY
Policy year ends
Decemberas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-2990190 · plan 504 · plan year 2024, filed Oct 13, 2025

Get an email when this employer files a new Form 5500, and again about four months before its plan renews.

How this plan is funded

Both, as reported

The medical insurance contracts on the filing cover fewer than half the people in the plan, so the rest is paid another way.

A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.

All participants at the start of the year
22,837
Active at start of year
18,342
Active at end of year
18,433
Disclosed commissions
$0
Typical renewal
January 1

Benefits declared on this filing

Healthinsured — HUMANA INSURANCE COMPANY3,752 of 22,837 participants (16%) on the largest contract
Dentalinsured — CIGNA HEALTH AND LIFE INSURANCE COMPANY783 of 22,837 participants (3.4%) on the largest contract
Visiondeclared, not on Schedule A
Lifedeclared under plan 509
Disabilitydeclared under plan 512

Dental: the largest of the 2 insured dental contracts, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 783 of 22,837 participants (3.4%) on Schedule A.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 7 insured contracts covering health and dental.

The filing declares health, dental and vision. Vision appears with no insured contract on Schedule A. That coverage may be self-funded, or placed with a carrier that is not on this filing.

Reported premium is $15,762,221; the filing discloses no broker commission on these contracts.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

No broker of record is named on the Schedule A. The contracts may be written directly with the carrier, or the broker fields were left blank on the filing.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
HUMANA INSURANCE COMPANYHealth3,752Jan 1, 2025$13,364,578$0
HUMANA INSURANCE COMPANYHealth507Jan 1, 2025$1,800,956$0
CIGNA HEALTH AND LIFE INSURANCE COMPANYHealth, Dental783Jan 1, 2025$484,443$0
HUMANA INSURANCE COMPANYHealth17Jan 1, 2025$60,074$0
HEALTH CARE SERVICE CORPORATIONHealth, Dental54Jan 1, 2025$20,111$0
HUMANA INSURANCE COMPANYHealth5Jan 1, 2025$17,845$0
HUMANA INSURANCE COMPANYHealth4Jan 1, 2025$14,214$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
EXELON CORPORATION
EIN 23-2990190
HEALTH CARE SERVICE CORP.
Contract administrator · EIN 36-1236610
$10,785,514
paid directly by the plan
ALIGHT SOLUTIONS LLC
Recordkeeping and information management · EIN 82-1061233
$3,393,555
paid directly by the plan
EXELON BUSINESS SERVICES COMPANY
Plan administrator · EIN 23-3063219
$947,152
paid directly by the plan
OPTUMRX
Contract administrator · EIN 11-2581812
$846,845
paid directly by the plan
UNITED BEHAVIORAL HEALTH
Contract administrator · EIN 94-2649097
$605,257
paid directly by the plan
INDEPENDENCE HOSPITAL INDEMNITY PLN
Contract administrator · EIN 23-0370720
$549,985
paid directly by the plan
CIGNA HEALTH AND LIFE INSURANCE CO
Contract administrator · EIN 59-1031071
$457,736
paid directly by the plan
BENEFIT RECOVERY GROUP
LEGAL · EIN 47-2436944
$445,349
paid directly by the plan
WILLIS TOWERS WATSON US LLC
ACTUARY · EIN 53-0181291
$411,515
paid directly by the plan
HEALTHEQUITY, INC
Contract administrator · EIN 52-2383166
$355,386
paid directly by the plan
LSV ASSET MANAGEMENT
INVESTMENT MANAGER · EIN 23-2772200
$191,040
paid directly by the plan
EDGEWOOD PARTNERS INSURANCE CENTER
CONSULTING · EIN 94-3195221
$163,452
paid directly by the plan
ACADIAN ASSET MANAGEMENT, LLC
INVESTMENT MANAGER · EIN 04-2929221
$163,013
paid directly by the plan
KEYSTONE HEALTH PLAN EAST
Contract administrator · EIN 23-2405376
$157,585
paid directly by the plan
SEGALL BRYANT & HAMILL , LLC
INVESTMENT MANAGER · EIN 35-2679129
$127,310
paid directly by the plan
QCC INSURANCE COMPANY
Contract administrator · EIN 23-2184623
$112,885
paid directly by the plan
BLACKROCK INSTITUTIONAL TRUST CO
Investment advisory · EIN 94-3112180
$110,016
paid directly by the plan
FIRST AMERICAN ADMINISTRATORS INC
Contract administrator · EIN 86-0773195
$89,082
paid directly by the plan
HARDING LOEVNER LP
INVESTMENT MANAGER · EIN 27-0684167
$88,510
paid directly by the plan
CONSUMERS MEDICAL RESOURCE, INC
Contract administrator · EIN 04-3367006
$58,806
paid directly by the plan
BROWN CAPITAL MANGEMENT, LLC
INVESTMENT MANAGER · EIN 27-4453139
$58,335
paid directly by the plan
EARNEST PARTNERS, LLC
INVESTMENT MANAGER · EIN 58-2386669
$54,030
paid directly by the plan
JACOBS LEVY EQUITY MANAGEMENT INC.
INVESTMENT MANAGER · EIN 22-2774695
$51,903
paid directly by the plan
ALLSUP INC
Contract administrator · EIN 37-1170934
$42,750
paid directly by the plan
COGHLAN LAW LLC
LEGAL · EIN 26-3928018
$32,371
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Money the plan held and paid out

Plan assets at year end
$873,690,028
Paid out in benefits
$416,340,383
Paid to insurance carriersSchedule H, line 2e(2)
$15,762,365
Accountant's opinion (Schedule H, line 3a)
Unmodified
Audit fee
$57,375

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.

Other plans filed by this employer

Employees' Life Insurance PlanInsured benefit plan · 2 Schedule A contractsRenews ~Jan 1Long-Term Disability Benefit PlanInsured benefit plan · 2 Schedule A contractsRenews ~Jan 1plan 585Insured benefit plan · 1 Schedule A contractRenews ~Jan 1Peco Energy Company Retiree Medical PlanInsured benefit plan · 3 Schedule A contractsRenews ~Jan 1Group Legal PlanInsured benefit plan · 1 Schedule A contractRenews ~Jan 1Critical Illness PlanInsured benefit plan · 1 Schedule A contractRenews ~Jan 1plan 417Retirement plan · 1 Schedule A contractplan 313Retirement plan · 1 Schedule A contractEmployee Savings PlanForm 5500 filing · no insured Schedule A contractsRetirement ProgramForm 5500 filing · no insured Schedule A contractsSeverance Benefit PlanForm 5500 filing · no insured Schedule A contractsHealth Reimbursement Arrangement PlanForm 5500 filing · no insured Schedule A contractsExelon Pension PlanForm 5500 filing · no insured Schedule A contractsDisability Benefit PlanForm 5500 filing · no insured Schedule A contractsSupplemental Disability PlanForm 5500 filing · no insured Schedule A contractsFlexible Benefits ProgramForm 5500 filing · no insured Schedule A contracts

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