Retirement plan
DOMINION ENERGY PENSION PLAN
DOMINION ENERGY, INC.dba C/O DOMINION ENERGY SERVICES, INC.EIN 54-1229715Plan #101PY 2019
ATTENTION BENEFITS REPORTING - RICHMOND, VA 232192801877-947-4636dominionenergy.comLinkedIn10001+ employeesutilities
Prospect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JASON HATCHER, DIRECTOR ACCOUNTING
Signed 03/01/2021
Plan administrator entity
DOMINION ENERGY SERVICES, INC.
EIN 541962730
707 EAST MAIN STREET · RICHMOND, VA 232192801
Summary metrics
Total assets (EOY)
$7416.4M
+12.1% from 2018
Total participants
35,987
-4.8% from 2018
Average account balance
$0
No prior year
Annual return
29.73%
+798.15 pp from 2018
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort222 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $57
66
Employer contribution / active EE
$20,636
median $5,966
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $894,319,009
0
Admin fee / account holder
$0
median $2,968,729
96
Annual return
29.73%
median 16.59%
Overall peer rank
81of 100
81st percentileavg across 6 metrics
Analytics
2017 - 2024
Total assets (EOY)
Plan-year ending balance
$8.33B
Average account balance
Total assets / participants with a balance (line 6g)
$214K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
29,074
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
$47K
Contributions per participant
Average employer and participant contribution per enrolled participant
$4
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.87%
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 10 of 50 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 23 · EIN 52-1042410 | Insurance services | $21,885,282 |
Service code 64 · EIN 82-1061233 | Recordkeeping Fees | $1,601,233 |
KKR ASIAN FUND III LP1 year Service code 52 · EIN 98-1029188 | Indirect Investment Fees | $1,184,582 |
Service code 52 | Indirect Investment Fees | $716,971 |
KKR 2006 FUND1 year Service code 52 · EIN 20-5116275 | Indirect Investment Fees | $572,230 |
Service code 52 · EIN 45-2333989 | Indirect Investment Fees | $498,613 |
Service code 52 · EIN 20-4636435 | Indirect Investment Fees | $439,605 |
A&M CAPITAL OPP FUND LP1 year Service code 52 · EIN 45-2333989 | Indirect Investment Fees | $422,628 |
WILLIS TOWERS WATSO N US LLC2 years Service code 11 · EIN 53-0181291 | Actuarial | $416,903 |
KKR AMERICAS FUND XII LP1 year Service code 52 · EIN 98-1279368 | Indirect Investment Fees | $337,651 |
Enrolled actuary
1 attachment
SB
ROBERT D WINN
WILLIS TOWERS WATSON US LLC
Enrollment #2006988
800 NORTH GLEBE ROAD
FLOOR 10
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 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
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
$24.1M
$1846 / participant
- Other / not subdivided$24M100.0%
% of EOY assets
0.326%
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