Exelon Corp., Chicago, hired Northwest Plan Services as record keeper for its 401(k) plan, the company announced in an 8-K filing with the Securities and Exchange Commission Wednesday.
Northwest Plan Services will replace Aon Hewitt as record keeper, effective July 1.
A blackout period for participants will start on June 22 and end the week of July 3.
An Exelon spokesman declined to comment.
Exelon's 401(k) plan had $6.3 billion in assets as of Sept. 30, according to Pensions & Investments data. Northwest Plan Services provides retirement plan record keeping, administration, actuarial, consulting, compliance and participant services to more than 700 companies with 225,000 participants and $15 billion in retirement assets, according to its website.
