Updated with correction
Exelon Corp., Chicago, and its subsidiaries plan to contribute $301 million total to their qualified defined benefit plans in 2018, said the company's 10-K filed Friday.
Exelon and its subsidiaries also expect to contribute $30 million total to their non-qualified pension funds, bringing total planned 2018 contributions to $331 million.
Exelon and its subsidiaries contributed $341 million to the plans in 2017, the filing showed.
As of Dec. 31, defined benefit plan assets totaled $18.57 billion, while projected benefit obligations totaled $22.34 billion, for a funding ratio of 83.1%, up from 79.7% in 2016.
The pension plans' discount rate was 3.62% in 2017 vs. 4.04% in 2016.
Also as of Dec. 31, the DB plans had an asset allocation of 39% fixed income, 35% equities, and 26% alternatives, which comprises private equity, hedge funds, real estate and private credit.
A spokesman could not immediately be reached for additional information.
