Retirement plan

DOMINION ENERGY KEWAUNEE UNION PENSION PLAN

DOMINION ENERGY, INC.EIN 54-1229715Plan #021PY 2022
120 TREDEGAR ST, CLEARINGHOUSE 3FL, ATTENTION BENEFITS REPORTING - RICHMOND, VA 232192801877-947-4636dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsHigh retiree %Low returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(877) 947-4636
Plan administrator signer
GEORGE FEARNOW-SR. STRAT. ACCT. ADV
Signed 10/16/2023
Plan administrator entity
DOMINION ENERGY SERVICES, INC.
EIN 541962730
120 TREDEGAR ST, CLEARINGHOUSE 3FL · RICHMOND, VA 232194306

Summary metrics

Total assets (EOY)
$39.4M
-3.2% from 2016
Total participants
179
0.0% from 2016
Average account balance
$0
No prior year
Annual return
-22.00%
-9.04 pp from 2016

Benchmarks

Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants<25
Cohort105 peers
Snapshot2022
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$25,000
median $21,987
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $139,504
Admin fee / account holder
$0
median $447
Annual return
-22.00%
median -13.98%
Overall peer rank
27th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$226K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
179
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$1.32M
Contributions per participant
Average employer and participant contribution per enrolled participant
$195K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-96.50%
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
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
Service code 10 · EIN 13-3891517
Accounting
$31,718
Service code 14 · EIN 82-1061233
Plan Administrator
$10,240

Enrolled actuary

1 attachment
SB

ROBERT D WINN

WILLIS TOWERS WATSON US LLC
Enrollment #2306988
800 NORTH GLEBE ROAD
ARLINGTON, VA 22203
(703) 258-8000
Signed 2023-10-03

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 codes1A3H
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).
  • 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
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

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

Expense breakdown

Schedule H Part II
Admin total
$205K
$51314 / participant
  • Other / not subdivided$205K100.0%
% of EOY assets
0.521%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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