Exelon Corporation
Updated Filing received by DOL a plan year 2025 filing was received September 16, 2026 for 2 of this employer's 6 plans; this record moves to 2025 when all have arrived
Exelon Corporation, an utilities employer in Chicago, Illinois, reported 22,837 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $8.2M in insurance premiums across 11 contracts and $100,662 in broker commissions and fees, 0.0% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 13, 2025, within the extension window.
Who was paid on Exelon Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Exelon Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Strategic Non-Medicalsolutions, LLC · Boston, MA | $0 | $100,662 | $100,662 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Hartford Life and Accidentlife | 4,152 | $6.3M | $100,662 | 1.6% |
| Keystone 65 HMOhealth, HMO | 271 | $1.6M | — | — |
| QCC Insurance Companyhealth, HMO | 38 | $281,542 | — | — |
| Health Care Service Corporationdental, HMO | 54 | — | — | — |
| Cignadental, HMO, indemnity | 783 | — | — | — |
| Humanahealth, PPO | 5 | — | — | — |
| Humanahealth, PPO | 3,752 | — | — | — |
| Humanahealth, PPO | 17 | — | — | — |
| Humanahealth, PPO | 507 | — | — | — |
| Humanahealth, PPO | 4 | — | — | — |
| Cignadental, HMO, indemnity | 25 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Exelon Corporation compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Premium per covered person on medical contracts: $6,236 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 22,065 | 22,837 | +3.5% |
| Premiums filed | $7,155,029 | $8,187,787 | +14.4% |
| Broker commissions + fees | $69,840 | $100,662 | +44.1% |
| Commission rate | 0.0% | 0.0% | +0.0 pts |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Exelon Corporation Health Care Program#504 · insurance, trust | December 31, 2024 | October 13, 2025 | within extension | 22,837 |
| Exelon Corporation Health Reimbursement Arrangement Plan#582 · general assets, trust | December 31, 2024 | October 13, 2025 | within extension | 5,989 |
| Pepco Holdings, Inc. Welfare Plan for Retirees#585 · amended · insurance, general assets, trust | December 31, 2024 | October 20, 2025 | amended filing; original date not in data | 4,469 |
| Exelon Corporation Flexible Benefits Program#507 · general assets | December 31, 2024 | August 27, 2025 | within extension | 2,990 |
| Peco Energy Company Retiree Medical Plan#516 · amended · insurance, trust | December 31, 2024 | October 20, 2025 | amended filing; original date not in data | 1,685 |
| Bge Retiree Medical Plan#562 · general assets | December 31, 2024 | August 27, 2025 | within extension | 373 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Exelon Corporation pay in health insurance broker commissions in 2024?
Exelon Corporation's 2024 Form 5500 reports $100,662 in broker commissions and fees across 11 insurance contracts ($0 in commissions, $100,662 in fees), with Strategic Non-Medicalsolutions, LLC receiving the largest share.
Is Exelon Corporation's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Keystone 65 HMO, QCC Insurance Company, Humana.
How does Exelon Corporation's broker compensation compare with similar employers?
Exelon Corporation paid 0.0% of medical premium in commissions and fees. The median for employers with 5,000+ participants is 4.8%, and the median in Illinois is 1.5%. Percentages are computed only on fully insured medical contracts with filed premiums.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.