Retirement plan
DOMINION ENERGY KEWAUNEE UNION PENSION PLAN
DOMINION ENERGY, INC.EIN 54-1229715Plan #021PY 2023
120 TREDEGAR ST, CLEARINGHOUSE 3FL, ATTENTION BENEFITS REPORTING - RICHMOND, VA 232192801877-947-4636dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MICHAEL GLAHN-MANAGER ACCOUNTING
Signed 10/15/2024
Plan administrator entity
DOMINION ENERGY SERVICES, INC.
EIN 541962730
120 TREDEGAR ST, CLEARINGHOUSE 3FL · RICHMOND, VA 232194306
Summary metrics
Total assets (EOY)
$41.3M
-3.2% from 2016
Total participants
183
0.0% from 2016
Average account balance
$0
No prior year
Annual return
9.61%
-9.04 pp from 2016
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants<25
Cohort96 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $0
73
Employer contribution / active EE
$195,000
median $22,222
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $191,373
0
Admin fee / account holder
$0
median $730
52
Annual return
9.61%
median 8.51%
Overall peer rank
62of 100
62nd 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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
DELOITTE & TOUCHE LLP9+ years Service code 10 · EIN 13-3891517 | Accounting | $64,658 |
TEMPO HOLDING CO DBA ALIGHT4 years Service code 14 · EIN 82-1061233 | Plan Administrator | $9,535 |
DOMINION ENERGY SVCS INC1 year Service code 14 · EIN 54-1229715 | Plan Administrator | $5,417 |
Enrolled actuary
1 attachment
SB
ROBERT WINN
WILLIS TOWERS WATSON US LLC
Enrollment #2306988
800 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)
Plan administrator
Plans declared (1)
- Dominion Energy, Inc. Deferred Compensation Plan26 emp
Plan features & details
Pension benefit codes1A3H
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).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- 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
$249K
$62354 / participant
- Trustee / custodial$1K0.5%
- Actuarial$2K1.0%
- Salaries / allowances$5K2.2%
- Contract admin$10K3.8%
- Other / not subdivided$231K92.5%
% of EOY assets
0.603%
all-in expense ratio
Categories reported
4 / 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
- $64,658
- Opinion code
- Unqualified