Defined Benefit (Pension) · DOL Form 5500 · 2022

Scana Corporation Pension Plan

Data updated 2026-08-11

$602M
Total assets
2,996
Participants
98th
Percentile by assets
$200,826
Avg per participant
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Official DOL plan name: Scana Corporation Retirement Plan · Sponsored by Scana Corporation · Virginia · Utilities

$602M in assets, 2,996 participants

Scana Corporation's Scana Corporation Retirement Plan reported $602M in total assets and 2,996 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #629 in Utilities (738 peers)

Coverage in Virginia

Scana Corporation Retirement Plan covers 2,996 participants in Virginia, 3.8x the typical Virginia plan (state average ~782 per filing). Assets: $602M.

$602M
total plan assets (2022 EOY)
2,996
covered participants
98th
percentile by assets (of 139,126 plans)
$200,826
avg assets per participant

The plan reported a net loss of $234M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Scana Corporation Retirement Plan reports 2,996 participants - 3.8x that state average ($602M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$849M
Net Assets (End of Year)$583M
Net Income-$234M
Employer EIN570784499
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scana Corporation)

$550M$600M$650M$700M 202220232024 $602M $670M ▲ +11.4%
Total plan assets by year, all Scana Corporation plans on file
Year Plans Participants Total Assets
2022 1 2,996 $602M
2023 1 2,781 $647M
2024 1 2,655 $670M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Scana Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scana Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Scana Corporation Re…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
Scana Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Scana Corporation Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Scana Corporation Retirement Plan assets move in 2022?
Scana Corporation Retirement Plan declined sharply - down 29.1% during 2022, from $849M to $602M. Reported net income was -$234M.
How have Scana Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Scana Corporation's sponsor-wide assets grew 11.4%, from $602M to $670M.
Where does Scana Corporation Retirement Plan rank by assets among Form 5500 filers?
Scana Corporation Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Scana Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Nemours Foundation Pension Plan in FL ($602M, 1,753 participants).

Next read for Scana Corporation Retirement Plan

Filing takeaways

Ways to act on Scana Corporation Retirement Plan's numbers.

  • By total assets, Scana Corporation Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
  • Scana Corporation's sponsor-wide assets have grown 11.4% since 2022 across 3 plan years on file. More Utilities plans