Retirement plan

DOMINION PENSION PLAN

DOMINION RESOURCES, INC.EIN 54-1229715Plan #002PY 2015
ATTENTION BENEFITS REPORTING - RICHMOND, VA 232193927800-730-7230dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
JOSHUA BLAKENEY, CONTROLLER
Signed 10/13/2016
(800) 730-7230
Plan administrator signer
JASON HATCHER, ACCOUNTING MANAGER
Signed 10/13/2016
Plan administrator entity
DOMINION RESOURCES SERVICES, INC.
EIN 541962730
701 EAST CARY ST, OJRP-17 · RICHMOND, VA 232193927

Summary metrics

Total assets (EOY)
$4868.7M
-2.6% from 2016
Total participants
31,699
-1.5% from 2016
Average account balance
$0
No prior year
Annual return
-1.33%
-8.70 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
Participant deferral / active EE
$0
median $28
Employer contribution / active EE
$0
median $5,273
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $47,522
Admin fee / account holder
$0
median $275
Annual return
-1.33%
median -0.88%
Overall peer rank
36th percentileavg across 6 metrics

Analytics

2015 - 2017
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$155K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
19,654
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-95.03%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
2 years with F_SCH_H allocation on file

Service providers

Top 10 of 50 by compensation
ProviderService typeCompensation
Service code 23 · EIN 52-1042410
Insurance services
$8,840,484
WLR REC IV1+ years
Service code 52 · EIN 26-0284503
Indirect Investment Fees
$1,777,121
Service code 64 · EIN 36-2235791
Recordkeeping Fees
$1,516,732
Service code 52 · EIN 98-0677660
Indirect Investment Fees
$1,355,791
Service code 52 · EIN 27-2415681
Indirect Investment Fees
$705,992
ENTRUST1+ years
Service code 52 · EIN 90-0644478
Indirect Investment Fees
$616,904
Service code 52 · EIN 98-0544910
Indirect Investment Fees
$443,377
Service code 52 · EIN 26-4480402
Indirect Investment Fees
$442,034
Service code 52 · EIN 27-0269334
Indirect Investment Fees
$376,455
Service code 52 · EIN 02-0791135
Indirect Investment Fees
$312,413

Enrolled actuary

1 attachment
SB

PATRICK F KINLAW

WILLIS TOWERS WATSON
Enrollment #1406743
901 NORTH GLEBE ROAD
ARLINGTON, VA 22203
(703) 258-8000

Top hat statement on fileNQDC

Filed April 5, 2021 (most recent of 5 filings on file)

Plans declared (1)

  • Dominion Energy, Inc. Deferred Compensation Plan26 emp

Plan features & details

Pension benefit codes1A1E1C3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$10.9M
$861 / participant
  • Other / not subdivided$11M100.0%
% of EOY assets
0.223%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
DELOITTE & TOUCHE LLP
Auditor EIN
133891517
Audit fees
(not subdivided)
Opinion code
Disclaimer