2023-11-15T09:21:44-06:00 2022-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2022-01-01 366045878 EXELON CORPORATION DISABILITY BENEFIT PLAN COMM 3123944107 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 JENNIFER FRANCO VP HEALTH AND BENEFITS 3123944107 2023-11-11 1 JENNIFER FRANCO 999009999 1 DAVID LOWENTHAL P00378651 3122071040 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER FRANCO 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 8589102 0 X N/A X 1976 IL PROVIDE DISABILITY BENEFITS TO MEMBERS. X 1 0 0 0 0 0 0 0 11693746 8580251 1499 8851 0 0 11695245 8589102 0 0 13668790 9285714 15941 7500 0 0 0 24214 25220 13708945 9318434 -2013700 -729332 583877 399750 4954831 4597925 -4370954 -4198175 TO PROVIDE DISABILITY BENEFITS TO MEMBERS. 0 0 TO FUND THE PROVISION OF DISABILITY BENEFITS TO MEMBERS. AS OF DECEMBER 31, 2022 THERE WERE APPROXIMATELY 3,279 MEMBERS ELIGIBLE TO RECEIVE SUCH BENEFITS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 1 0 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 B 3123944107 10 S DEARBORN STREET 50TH FLOOR CHICAGO IL 60603 THE NORTHERN TRUST COMPANY INSTITUTIONAL TRUSTEE 1.00 0.00 X 7500 0 0 7500 0 0 0 0 0 0 0 PARTICIPANT CONTRIBUTI 900099 4291182 4291182 EMPLOYER CONTRIBUTIONS 900099 4289069 4289069 8580251 8851 8851 8589102 8589102 0 0 9285714 7500 15855 2350 BANK FEES 7015 9318434 578391 393369 2743 3190 2743 3191 583877 399750 4954831 4597925 4954831 4597925 X 0 0 0 0 -4370954 -4198175 -4370954 -4198175 583877 399750 X -729332 902111 X 0 1 X 1 0 0 X 8589102 0 8589102 0 8589102 9318434 0 9318434 0 9318434 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS MADE A DETERMINATION ON MARCH 3, 1988 THAT THE TRUST IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN ADMINISTRATOR BELIEVES THAT THE TRUST AND THE PLAN, AS AMENDED, REMAIN IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. GAAP REQUIRES THE PLAN'S 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, 2022, 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. NET LIABILITIES DUE FOR BENEFITS 2022-02-01 -902111 BOOK VALUE 874051434 CONSTELLATION MUTUAL BENEFIT ASSOCIATION TRUST 200 EXELON WAY KENNETT SQUARE PA 19348 501(C)(9) 0 0 0 0 SCHEDULE N, PART II: EXELON COMPLETED THE SPINOFF OF ITS GENERATION BUSINESS ON FEBRUARY 1, 2022, CREATING CONSTELLATION ENERGY CORPORATION ("CONSTELLATION"), A NEW AND SEPARATE PUBLICLY-TRADED COMPANY. AS A RESULT OF THE SEPARATION, EMPLOYEES OF CONSTELLATION AND ITS AFFILIATES CEASED PARTICIPATING IN THE PLAN AND ENTERED INTO A NEWLY CREATED PLAN, THE CONSTELLATION DISABILITY BENEFIT PLAN, SPONSORED BY CONSTELLATION ENERGY GENERATION, LLC, A SUBSIDIARY OF CONSTELLATION.THE CONSTELLATION MUTUAL BENEFIT ASSOCIATION TRUST IS A VEBA TRUST ESTABLISHED AS OF FEBRUARY 1, 2022 TO HOLD AND DISTRIBUTE FUNDS FOR THE PURPOSE OF PAYING BENEFITS GRANTED UNDER THE CONSTELLATION DISABILITY BENEFIT PLAN. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PARTICIPATE IN THE SPONSOR HEALTH BENEFIT PLANS AND RECEIVE DISABILITY BENEFITS FROM THE FUNDED VEBA. FORM 990, PART VI, SECTION B, LINE 11B 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 DISABILITY 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 ALL PARTIES RESPONSIBLE FOR PLAN ASSETS ARE SUBJECT TO THE EXELON CORPORATION CONFLICT OF INTEREST POLICY. EXELON REGULARLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. 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 LIABILITIES DUE FOR BENEFITS TRANSFERRED TO OTHER PLANS 902,111. FORM 990, PART X, LINE 6: THE AMOUNT REPORTED ON FORM 990, PART X, LINE 6 CONSISTS OF RECEIVABLES OF $3,191 DUE FROM CONTRIBUTING EMPLOYERS AND SPONSORING ORGANIZATIONS OF SECTION 501(C)(9) VOLUNTARY EMPLOYEES' BENEFICIARY ORGANIZATIONS. PER IRS 990 INSTRUCTIONS, SCHEDULE L, PART II IS NOT REQUIRED TO BE COMPLETED. FORM 990, PART VI: THIS ORGANIZATION IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST UNDER IRC 501(C)(9). THIS ORGANIZATION FUNDS DISABILITY PROVIDED UNDER CERTAIN HEALTH AND WELFARE PLANS SPONSORED BY EXELON CORPORATION FOR ITS EMPLOYEES 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 BUSINESS SERVICES CO LLC 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 233063219 PROVIDES SUPPORT TO OPERATING COMPANIES DE EXELON CORPORATION EXELON GENERATION CO LLC 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 233064219 POWER GENERATION PA EXELON CORPORATION EXELON CORPORATION 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 232990190 HOLDING COMPANY DE N/A C 0 COMED 10 SOUTH DEARBORN 51ST FLOOR CHICAGO IL 60603 360938600 ELECTRIC DISTRIBUTION UTILITY IL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1