2016-11-15T16:35:47-06:00 2015-12-31 381357951 PLANTE & MORAN PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 990 2015-01-01 251755733 PECO ENERGY CO RETIREE MEDICAL TRUST PECO 3123942819 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 WILLIAM BERGMAN VP HEALTH AND BENEFITS 3123942819 2016-11-15 1 David Lowenthal P00378651 3122071040 2016-11-15 2015 2017-02-10 21:41:12Z WILLIAM BERGMAN 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 206659912 0 X n/a X 1995 PA TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS 1 1 0 0 36016904 33758486 0 0 13907981 5492116 41462872 42762985 0 0 55370853 48255101 0 0 20570000 35893529 79067 269880 0 0 0 14976419 7410883 35625486 43574292 19745367 4680809 593583587 546766981 1861259 4401006 591722328 542365975 TO PROVIDE HEALTH AND DENTAL BENEFITS TO ELIGIBLE RETIREES. 0 0 THE VEBA TRUST PROVIDES DENTAL AND MEDICAL BENEFITS TO RETIRED PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS FROM EMPLOYER AND EMPLOYEE CONTRIBUTION. AS OF DECEMBER 31, 2015, APPROXIMATELY 5,211 MEMBERS AND THEIR SURVIVING SPOUSES WERE ELIGIBLE TO RECEIVE SUCH BENEFITS. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 JA DA IS HK 0 0 0 0 X 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X EXELON CORPORATION VP HEALTH AND BENEFITS 3123942819 10 S DEARBORN STREET 50TH FLOOR CHICAGO IL 60603 THE NORTHERN TRUST COMPANY INSTITUTIONAL TRUSTEE 1.00 0.00 X 269880 0 0 269880 0 0 1 0 0 0 MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 INVESTMENT MANAGEMENT 448011 BLACKROCK FINANCIAL MANAGEMENT 40 EAST 52ND STREET 2ND FLOOR NEW YORK NY 10022 INVESTMENT MANAGEMENT 361382 northern trust company 50 SOUTH LASALLE STREET MB 23 CHICAGO IL 60603 inVESTMENT MANAGEMENT 269880 KENNEDY CAPITAL MANAGEMENT 10829 OLIVE BOULEVARD ST LOUIS MO 63141 inVESTMENT MANAGEMENT 201956 acadian asset management llc 260 franklin street boston MA 02110 inVESTMENT MANAGEMENT 158120 7 PARTICIPANT CONTRIBUTIONS 900099 4027790 4027790 EMPLOYER CONTRIBUTIONS 900099 1464326 1464326 5492116 10924760 6746081 4178679 190243036 158404811 31838225 31838225 31838225 48255101 12238197 36016904 0 35893529 269880 15900 1513386 UNREL. BUS. INCOME TAX 3000085 CONTRACT ADMINISTRATOR 2690299 OTHER EXPENSES 104529 PROFESSIONAL FEES 86684 43574292 96620 155629 0 774751 5858092 2627803 288550906 314138696 299077969 229070102 593583587 546766981 1861259 4401006 1861259 4401006 X 591722328 542365975 0 0 0 0 591722328 542365975 593583587 546766981 X 4680809 -32010689 -22026473 X 0 1 X 1 0 0 INVESTMENT IN COMMON/COLLECTIVE TRUSTS 229070102 F 229070102 X 11461062 -32010689 -32010689 43471751 4783350 4783350 48255101 38790942 0 38790942 4783350 4783350 43574292 Part X, Line 2: THE INTERNAL REVENUE SERVICE ("IRS") MADE A DETERMINATION ON OCTOBER 7, 1996 THAT THE RETIREE MEDICAL TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. CERTAIN INVESTMENT INCOME OF A SECTION 501(C)(9) TRUST, SUCH AS THE RETIREE MEDICAL TRUST, IS SUBJECT TO STATE AND FEDERAL INCOME TAX AS "UNRELATED BUSINESS INCOME" IF THE FUNDS HELD BY THE TRUST ARE IN EXCESS OF PRESCRIBED LIMITS AND SUCH INCOME IS EARNED ON FUNDS SET ASIDE TO PAY BENEFITS OF PARTICIPANTS WHO ARE NOT COVERED BY A COLLECTIVE BARGAINING AGREEMENT. THE PENSION MASTER TRUST IS ALSO EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE IRC, EXCEPT FOR CERTAIN INVESTMENT INCOME THAT IS SUBJECT TO STATE AND FEDERAL INCOME TAX AS "UNRELATED BUSINESS INCOME". THE PLAN ADMINISTRATOR BELIEVES THAT THE RETIREE MEDICAL TRUST, THE PENSION MASTER TRUST, AND THE PLAN, AS AMENDED, ARE BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND THEREFORE, BELIEVES THAT THE PLAN IS QUALIFIED AND THE TRUSTS REMAIN TAX EXEMPT. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. THE COMPANY HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. Part XI, Line 4b - Other Adjustments: ADMINISTRATIVE EXPENSES NETTED WITH INVESTMENT INCOME 4,783,350. Part XII, Line 4b - Other Adjustments: ADMINISTRATIVE EXPENSES NETTED WITH INVESTMENT INCOME 4,783,350. East Asia and the Pacific 0 0 INVESTMENT IN SECURITIES 18515538 Europe (Including Iceland & Greenland) 0 0 INVESTMENT IN SECURITIES 946268 Middle East and North Africa 0 0 INVESTMENT IN SECURITIES 186795 0 0 0 0 0 0 19648601 0 19648601 1 0 0 0 0 0 Form 990, Part VI, Section A, line 6 MEMBERS PARTICIPATE IN THE SPONSOR HEALTH BENEFIT PLANS AND RECEIVE MEDICAL AND DENTAL BENEFITS FROM THE FUNDED VEBA. Form 990, Part VI, Section B, line 11 THE ORGANIZATION USES A CPA FIRM TO PREPARE FORM 990. THE RETURN IS REVIEWED BY EXELON ACCOUNTING, CORPORATE BENEFITS AND LEGAL DEPARTMENTS. THE return is reviewed by the parties who administer the health and welfare plans that are funded by the organization and manage the assets of the organization. AS SUCH ALL RESPONSIBLE governing bodies REVIEW AND APPROVE THE RETURN PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE PLAN HAS THE SAME WRITTEN CONFLICTS OF INTEREST POLICY, WRITTEN WHISTLEBLOWER POLICY, AND WRITTEN DOCUMENTATION, RETENTION AND DESTRUCTION POLICY AS THAT OF EXELON, THE EMPLOYER-PROVIDER OF THE PLAN. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DOES NOT PAY ANY COMPENSATION, CONSEQUENTLY LINES 15A AND 15B ARE NOT APPLICABLE TO THIS ORGANIZATION. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS FORM 1024, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, line 9: NET DECREASE IN 401(H) ACCOUNT -15,203,187. NET ASSETS USED TO FUND BENEFITS FOR HRA PLAN -6,823,286. Form 990, Part VI: THIS ORGANIZATION IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST UNDER IRC 501(C)(9). THIS ORGANIZATION FUNDS HEALTHCARE BENEFITS PROVIDED UNDER CERTAIN HEALTH AND WELFARE PLANS SPONSORED BY EXELON CORPORATION FOR ITS RETIREES AND THEIR ELIGIBLE DEPENDENTS. THIS ORGANIZATION FOLLOWS EXELON'S CORPORATE POLICIES WHERE APPLICABLE INCLUDING PROPER DOCUMENTATION OF ALL ACTIONS TAKEN ON BEHALF OF THE PLAN. EXELON GENERATION CO LLC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 233064219 POWER GENERATION PA EXELON CORPORATION EXELON NUCLEAR SECURITY LLC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 261248912 SECURITY TO EXELON'S NUCLEAR POWER PLANTS DE EXELON CORPORATION EXELON BUSINESS SERVICES CO LLC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 233063219 PROVIDES SUPPORT TO OPERATING COMPANIES DE EXELON CORPORATION EXELON WIND LLC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 273687029 POWER GENERATION DE EXELON CORPORATION EXGEN TEXAS POWER SERVICES LLC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 233069719 POWER GENERATION DE EXELON CORPORATION EXELON CORPORATION 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 232990190 HOLDING COMPANY DE N/A C 0 COMED 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 360938600 ELECTRIC DISTRIBUTION UTILITY IL N/A C 0 PECO ENERGY COMPANY 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 230970240 ELECTRIC DISTRIBUTION UTILITY PA N/A C 0 EXELON POWER LABS 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 010754473 POWER GENERATION PA N/A C 0 CONSTELLATION NEW ENERGY INC 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 954714890 POWER GENERATION DE N/A C 0 BALTIMORE GAS & ELECTRIC CO 10 S DEARBORN 51ST FLOOR CHICAGO IL 60603 520280210 ELECTRIC DISTRIBUTION UTILITY MD N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 EXELON GENERATION CO LLC S 956649 MAINTAINED RECORDS AT FMV EXELON NUCLEAR SECURITY LLC S 34134 MAINTAINED RECORDS AT FMV COMED S 2001 MAINTAINED RECORDS AT FMV PECO ENERGY COMPANY S 292697 MAINTAINED RECORDS AT FMV EXGEN TEXAS POWER SERVICES LLC S 41343 MAINTAINED RECORDS AT FMV EXELON POWER LABS S 106435 MAINTAINED RECORDS AT FMV BALTIMORE GAS & ELECTRIC CO S 1659 MAINTAINED RECORDS AT FMV CONSTELLATION NEW ENERGY INC S 29408 MAINTAINED RECORDS AT FMV