401(k) · DOL Form 5500 · 2023
Dominion Energy, Inc. 401(k) Plan
Data updated 2026-08-06
- $4.3B
- Total assets
- 13,734
- Participants
- 100th
- Percentile by assets
- $310,421
- Avg per participant
Official DOL plan name: Dominion Energy Salaried Savings Plan · Sponsored by Dominion Energy, Inc. · Virginia · Utilities
$4.3B in assets, 13,734 participants
Dominion Energy, Inc.'s Dominion Energy Salaried Savings Plan reported $4.3B in total assets and 13,734 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #694 in Utilities (719 peers)
Coverage in Virginia
Dominion Energy Salaried Savings Plan covers 13,734 participants in Virginia, 18x the typical Virginia plan (state average ~781 per filing). Assets: $4.3B.
- $4.3B
- total plan assets (2023 EOY)
- 13,734
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $310,421
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Dominion Energy Salaried Savings Plan reported net income rose from -$1.0B in the plan year 2022 filing to $311M in the plan year 2023 filing.
- Dominion Energy Salaried Savings Plan end-of-year assets rose from $3.9B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.
- Dominion Energy Salaried Savings Plan reported participants rose from 13,564 in the plan year 2022 filing to 13,734 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Dominion Energy Salaried Savings Plan reports 13,734 participants - 18x that state average ($4.3B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $3.9B |
|---|---|
| Net Assets (End of Year) | $4.3B |
| Net Income | $311M |
| Employer EIN | 541229715 |
| Plan Effective Date | 1963-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Dominion Energy, Inc.)
| 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 Salaried Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Scale composition for Dominion Energy Salaried Savings Plan
Dominion Energy Salaried Savings Plan reports $4.3B in end-of-year assets across 13,734 participants (0.037% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $310,421 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2023 was $311M.
This plan identity (EIN 541229715, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.9B to $4.4B (+12.4%) while covered participants moved from 13,564 to 14,237 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,564 | $3.9B | Open filing |
| 2023 | 13,734 | $4.3B | This page |
| 2024 · index core | 14,237 | $4.4B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Dominion Energy Pension Plan (Defined Benefit (Pension), $8.3B, 11,758 participants)
- Dominion Energy 401(k) Plan (401(k), $4.4B, 14,237 participants)
- Dominion Energy Virginia 401(k) Plan for Union-Represented Employees (401(k), $474M, 2,702 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Dominion Energy Salaried Savings Plan by total assets, not by location.
- Upmc 401(a) Retirement Savings Plan (PA) $4.3B · 97,084
- Macys Inc 401(k) Retirement Investment Plan (OH) $4.3B · 120,254
- The Savings and Investment Plan (NY) $4.3B · 20,919
- Banner Health Employees 401(k) Plan (AZ) $4.3B · 52,452
Frequently Asked Questions
How did Dominion Energy Salaried Savings Plan assets move in 2023? ▼
How have Dominion Energy, Inc. plan assets changed over time? ▼
Where does Dominion Energy Salaried Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Dominion Energy Salaried Savings Plan? ▼
Next read for Dominion Energy Salaried Savings Plan
Filing takeaways
Ways to act on Dominion Energy Salaried Savings Plan's numbers.
- By total assets, Dominion Energy Salaried Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
- Dominion Energy, Inc.'s sponsor-wide assets have grown 0.4% since 2022 across 3 plan years on file. More Utilities plans