Retirement plan
DOMINION PENSION PLAN
DOMINION ENERGY, INC.EIN 54-1229715Plan #002PY 2016
ATTENTION BENEFITS REPORTING - RICHMOND, VA 232193927800-730-7230dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JASON HATCHER, ACCOUNTING MANAGER
Signed 10/04/2017
Plan administrator entity
DOMINION ENERGY SERVICES, INC.
EIN 541962730
701 EAST CARY ST, OJRP-17 · RICHMOND, VA 232193927
Summary metrics
Total assets (EOY)
$4996.5M
-2.6% from 2016
Total participants
32,197
-1.5% from 2016
Average account balance
$0
No prior year
Annual return
7.37%
-8.70 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort244 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $34
0
Employer contribution / active EE
$0
median $6,216
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $40,289
0
Admin fee / account holder
$0
median $312
60
Annual return
7.37%
median 6.89%
Overall peer rank
60of 100
60th 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
| Provider | Service type | Compensation |
|---|---|---|
PENSION BENEFIT GUARANTY CORP2+ years Service code 23 · EIN 52-1042410 | Insurance services | $17,226,816 |
COMVEST CAPITAL II1 year Service code 52 · EIN 80-0448188 | Indirect Investment Fees | $1,985,361 |
Service code 64 · EIN 36-2235791 | Recordkeeping Fees | $1,548,313 |
COMVEST III1 year Service code 52 · EIN 20-8834639 | Indirect Investment Fees | $1,378,622 |
OWS CREDIT OPP2+ years Service code 52 · EIN 98-0677660 | Indirect Investment Fees | $1,207,374 |
GMO FORESTRY 92+ years Service code 52 · EIN 27-2415681 | Indirect Investment Fees | $888,851 |
OCM PRINC VI2+ years Service code 52 · EIN 98-1084550 | Indirect Investment Fees | $724,587 |
PIMCO CORP OPP II1 year Service code 52 · EIN 38-3976443 | Indirect Investment Fees | $656,989 |
A&M CAPITAL2+ years Service code 52 · EIN 45-2333989 | Indirect Investment Fees | $543,840 |
WCAS XII1 year Service code 52 · EIN 32-0455106 | Indirect Investment Fees | $429,163 |
Enrolled actuary
1 attachment
SB
PATRICK F KINLAW
WILLIS TOWERS WATSON
Enrollment #1706743
800 NORTH GLEBE ROAD
ARLINGTON, VA 22203
(703) 258-8201
Top hat statement on fileNQDC
Filed April 5, 2021 (most recent of 5 filings on file)
Plan administrator
Plans declared (1)
- Dominion Energy, Inc. Deferred Compensation Plan26 emp
Plan features & details
Pension benefit codes1A1E1C3F3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan 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
$19.2M
$1535 / participant
- Other / not subdivided$19M100.0%
% of EOY assets
0.385%
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