401(k) · DOL Form 5500 · 2023

Dominion Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
10
Participants Small participant base
85th
Percentile by assets National rank
$4.8M
Avg per participant High balance/head
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Official DOL plan name: Dominion Energy West Virginia Union Savings Plan · Sponsored by Dominion Energy, Inc. · Virginia · Utilities

$48M in assets, 10 participants

Dominion Energy, Inc.'s Dominion Energy West Virginia Union Savings Plan reported $48M in total assets and 10 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #371 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Dominion Energy West Virginia Union Savings Plan ranks #371 of 721 2023 filers by assets (1114% of the sector average)-$48M for 10 participants.

#371
in Utilities (721 peers)
-14.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Dominion Energy West Virginia Union Savings Plan's outsized position by total assets

Dominion Energy West Virginia Union Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$48,187,142 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Dominion Energy West Virginia Union Savings Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Dominion Energy West Virginia Union Savings Plan is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dominion Energy West Virginia Union Savings Plan reported participants fell from 236 in the plan year 2022 filing to 10 in the plan year 2023 filing.
  • Dominion Energy West Virginia Union Savings Plan reported net income rose from -$34M in the plan year 2022 filing to -$8M in the plan year 2023 filing.
  • Dominion Energy West Virginia Union Savings Plan end-of-year assets fell from $57M in the plan year 2022 filing to $48M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541229715 · Dominion Energy, Inc. PY 2023 · 401(k)

Dominion Energy West Virginia Union Savings Plan · $48M · 10 · 85th

  • EBSA $48M
  • EBSA 10
  • EBSA 85th
  • EBSA 401(k)
  • EBSA near Westwood Holdings Group, Inc. Savings Plan
  • EBSA ind #371

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Virginia →

Dominion Energy West Virginia Union Savings Plan in the asset neighbourhood

Dominion Energy West Virginia Union Savings PlanDominion Energy West Virgini…$48MWestwood Holdings Group, Inc. Savings PlanWestwood Holdings Group, Inc…$48MThe Horton Group, Inc. Retirement Savings PlanThe Horton Group, Inc. Retir…$48MW.D. Larson Companies Ltd, Inc. 401(k) Retirement PlanW.D. Larson Companies Ltd, I…$48MSecurus 401(k) Plan$48M
End-of-year total assets ($M) among Dominion Energy West Virginia Union Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$48M
Net Income-$8M
Employer EIN541229715
Plan Effective Date1973-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dominion Energy, Inc.)

Sponsor-wide plan assets over time

All Dominion Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13.2B 0.4251179548258915% vs 2022
2024 filing year
$13B$13.5B$14B$14.5B 202220232024 $13.2B $13.2B ▲ +0.5%
Year Plans Participants Total Assets
2022 7 31,234 $13.2B
2023 7 30,715 $13.9B
2024 7 30,846 $13.2B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Dominion Energy West Virginia Union Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Dominion Energy West Virginia Union Savings Plan, Total assets ($B): 0.048187142 · Participants: 10Dominion Energy West Virginia Union Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Dominion Energy West Virginia Union Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Dominion Energy West Virginia Union Savings Plan side-by-side with 3 peers →

Dominion Energy West Virginia Union Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Westwood Holdings Group, Inc. Savings Plan in TX ($48M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (10 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Dominion Energy West Virginia Union Savings Plan assets move in 2023? ▼
Dominion Energy West Virginia Union Savings Plan pulled back noticeably - down 14.9% during 2023, from $57M to $48M. Reported net income was -$8M.
How have Dominion Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dominion Energy, Inc.'s sponsor-wide assets grew 0.4%, from $13.2B to $13.2B.
Where does Dominion Energy West Virginia Union Savings Plan rank by assets among Form 5500 filers? ▼
Dominion Energy West Virginia Union Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Dominion Energy West Virginia Union Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Westwood Holdings Group, Inc. Savings Plan in TX ($48M, 168 participants).
Which 401(k) plans cover a similar participant headcount to Dominion Energy West Virginia Union Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541229715.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.