Retirement plan
DOMINION TRANSMISSION AND HOPE GAS UNION SAVINGS PLAN
DOMINION RESOURCES, INC.EIN 54-1229715Plan #027PY 2015
ATTENTION BENEFITS REPORTING - RICHMOND, VA 232193927800-730-7230dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsLow returnsFailed to provide benefit
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JASON HATCHER, MANAGER ACCTG
Signed 10/13/2016
Plan administrator entity
DOMINION RESOURCES SERVICES, INC.
EIN 541962730
701 EAST CARY STREET · RICHMOND, VA 232193927
Summary metrics
Total assets (EOY)
$162.9M
+0.3% from 2016
Total participants
1,088
+1.9% from 2016
Average account balance
$153,278
-3.1% from 2016
Annual return
-4.19%
-16.09 pp from 2016
Benchmarks
Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined contribution
Participants250-999
Cohort227 peers
Snapshot2015
82
Participant deferral / active EE
$6,124
median $2,945
61
Employer contribution / active EE
$1,936
median $1,418
87
Participation rate
97.2%
median 79.9%
96
Avg account balance
$153,278
median $44,124
32
Admin fee / account holder
$80
median $42
5
Annual return
-4.19%
median 0.38%
Overall peer rank
60of 100
60th 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)
$182K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
278
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
$1.38M
Contributions per participant
Average employer and participant contribution per enrolled participant
$138K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-93.13%
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 8 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINE ADVISORS, LLC1+ years Service code 26 · EIN 94-3250323 | Advisory (Participants) | $58,282 |
XEROX HR SOLUTIONS LLP1+ years Service code 64 · EIN 16-0468020 | Recordkeeping Fees | $25,827 |
Service code 52 · EIN 25-1890416 | Indirect Investment Fees | $19,991 |
Service code 52 · EIN 95-6810128 | Indirect Investment Fees | $14,757 |
JP MORGAN ASSET MANAGEMENT1+ years Service code 52 · EIN 13-3200244 | Indirect Investment Fees | $13,173 |
PACIFIC INVESTMENT MGMT CO. LLC1+ years Service code 52 · EIN 33-0629048 | Indirect Investment Fees | $10,884 |
Service code 52 · EIN 23-2817243 | Indirect Investment Fees | $10,052 |
THE NORTHERN TRUST COMPANY1+ years Service code 55 · EIN 36-1561860 | Other Commissions | $7,626 |
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 codes2A2E2F2H2J2K2O3F
Plan features
- 2AAge/service weighted or new comparability planAge/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2HPartial participant-directed account planParticipants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
Opportunity flags
2 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
Expense breakdown
Schedule H Part II
Admin total
$85K
$95 / participant
- Other / not subdivided$85K100.0%
% of EOY assets
0.052%
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