401(k) · DOL Form 5500 · 2023

Dominion Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$4.3B
Total assets Very large vs avg
13,734
Participants Very large workforce
100th
Percentile by assets National rank
$310,421
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #696 in Utilities (721 peers)

Coverage in Virginia

Dominion Energy Salaried Savings Plan covers 13,734 participants in Virginia, 18x the typical Virginia plan (state average ~782 per filing). Assets: $4.3B.

#696
in Utilities (721 peers)
+8.2%
assets growth YoY
43×
vs typical plan assets (national mean)

Dominion Energy Salaried Savings Plan's outsized position by total assets

Dominion Energy Salaried Savings Plan vs every filed plan by assets

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

$4,263,328,010 Highest reported value at or above every one 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 Salaried Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Dominion Energy Salaried Savings Plan is a mega filing (13,734 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

Dominion Energy Salaried Savings Plan · $4.3B · 13,734 · 100th

  • EOY $4.3B
  • 5500 13,734
  • ASSETS 100th
  • PCT 401(k)
  • EIN near Upmc 401(a) Retirement Savings Plan
  • RANK ind #696

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 Salaried Savings Plan in the asset neighbourhood

Banner Health Employees 401(k) PlanBanner Health Employees 401(…$4.3BDominion Energy Salaried Savings PlanDominion Energy Salaried Sav…$4.3BUpmc 401(a) Retirement Savings PlanUpmc 401(a) Retirement Savin…$4.3BMacys Inc 401(k) Retirement Investment PlanMacys Inc 401(k) Retirement …$4.3BThe Savings and Investment PlanThe Savings and Investment P…$4.3B
End-of-year total assets ($B) among Dominion Energy Salaried Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$3.9B
Net Assets (End of Year)$4.3B
Net Income$311M
Employer EIN541229715
Plan Effective Date1963-07-01
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 Salaried Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 010203040 Total assets ($B) Participants Dominion Energy Salaried Savings Plan, Total assets ($B): 4.26332801 · Participants: 13734Dominion Energy Salaried 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 Salaried Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Dominion Energy Salaried Savings Plan side-by-side with 3 peers →

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 (0.035% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $310,421 per participant (2.2x 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 Salaried Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Upmc 401(a) Retirement Savings Plan in PA ($4.3B); by covered participants it is Astrazeneca Savings and Security Plan in DE (13,734 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,734 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 Salaried Savings Plan assets move in 2023? ▼
Dominion Energy Salaried Savings Plan grew at a solid clip - up 8.2% during 2023, from $3.9B to $4.3B. Reported net income was $311M.
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 Salaried Savings Plan rank by assets among Form 5500 filers? ▼
Dominion Energy Salaried Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Dominion Energy Salaried Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Upmc 401(a) Retirement Savings Plan in PA ($4.3B, 97,084 participants).
Which 401(k) plans cover a similar participant headcount to Dominion Energy Salaried Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Astrazeneca Savings and Security Plan in DE (13,734 participants, $7.6B 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.