Retirement plan

DOMINION EAST OHIO GAS UNION SAVINGS PLAN

DOMINION ENERGY, INC.EIN 54-1229715Plan #028PY 2016
ATTENTION BENEFITS REPORTING - RICHMOND, VA 232193927800-730-7230dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsFailed to provide benefit

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
JOSH BLAKENEY, CONTROLLER
Signed 09/11/2017
(800) 730-7230
Plan administrator signer
JASON HATCHER, ACCOUNTING MANAGER
Signed 09/11/2017
Plan administrator entity
DOMINION ENERGY SERVICES, INC.
EIN 541962730
701 EAST CARY STREET · RICHMOND, VA 232193927

Summary metrics

Total assets (EOY)
$238M
-6.5% from 2016
Total participants
1,336
+0.2% from 2016
Average account balance
$186,697
-7.0% from 2016
Annual return
11.92%
-16.05 pp from 2016

Benchmarks

Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined contribution
Participants1,000-4,999
Cohort142 peers
Snapshot2016
Participant deferral / active EE
$6,634
median $3,698
Employer contribution / active EE
$2,502
median $2,019
Participation rate
94.5%
median 91.9%
Avg account balance
$186,697
median $64,308
Admin fee / account holder
$121
median $55
Annual return
11.92%
median 8.54%
Overall peer rank
63rd 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)
$150K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,191
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
92.1%
Contributions (total)
Employer and participant dollars contributed each year
$25.03M
Contributions per participant
Average employer and participant contribution per enrolled participant
$10K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-47.49%
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 7 by compensation
ProviderService typeCompensation
Service code 26 · EIN 94-3250323
Advisory (Participants)
$121,989
Service code 52 · EIN 95-6810128
Indirect Investment Fees
$33,388
Service code 64 · EIN 16-0468020
Recordkeeping Fees
$31,815
Service code 52 · EIN 33-0629048
Indirect Investment Fees
$25,345
Service code 55 · EIN 36-1561860
Other Commissions
$20,362
Service code 52 · EIN 25-1890416
Indirect Investment Fees
$19,952
Service code 52 · EIN 23-2817243
Indirect Investment Fees
$18,883

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 codes2A2E2F2H2J2K2O3F
Plan features
  • 2A
    Age/service weighted or new comparability plan
    Age/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).
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2H
    Partial participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 2K
    Code section 401(m) arrangement
    Employee 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.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped
  • ComplianceFailed to provide benefit

    Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II
Admin total
$154K
$139 / participant
  • Other / not subdivided$154K100.0%
% of EOY assets
0.065%
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