Defined Benefit (Pension) · DOL Form 5500 · 2023

Dominion Energy, Inc. Pension Plan

Data updated 2026-08-25

$7.6B
Total assets Very large vs avg
12,263
Participants Very large workforce
100th
Percentile by assets National rank
$617,382
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Dominion Energy Pension Plan · Sponsored by Dominion Energy, Inc. · Virginia · Utilities

$7.6B in assets, 12,263 participants

Dominion Energy, Inc.'s Dominion Energy Pension Plan reported $7.6B in total assets and 12,263 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.

  • #713 in Utilities (721 peers)

Coverage in Virginia

Dominion Energy Pension Plan covers 12,263 participants in Virginia, 16x the typical Virginia plan (state average ~782 per filing). Assets: $7.6B.

#713
in Utilities (721 peers)
+4.2%
assets growth YoY
76×
vs typical plan assets (national mean)

Dominion Energy Pension Plan's outsized position by total assets

Dominion Energy Pension Plan vs every filed plan by assets

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

$7,570,958,933 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 Pension 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 Pension Plan is a mega filing (12,263 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dominion Energy Pension Plan reported net income rose from -$2.6B in the plan year 2022 filing to $305M in the plan year 2023 filing.
  • Dominion Energy Pension Plan reported participants fell from 12,832 in the plan year 2022 filing to 12,263 in the plan year 2023 filing.
  • Dominion Energy Pension Plan end-of-year assets rose from $7.3B in the plan year 2022 filing to $7.6B 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 · Defined Benefit (Pension)

Dominion Energy Pension Plan · $7.6B · 12,263 · 100th

  • 5500 $7.6B
  • 5500 12,263
  • 5500 100th
  • 5500 Defined Benefit (Pension)
  • 5500 near Pepsico Employees Retirement Plan I
  • 5500 ind #713

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 Pension Plan in the asset neighbourhood

Deseret Mutual Master Retirement PlanDeseret Mutual Master Retire…$7.7BKaiser Permanente Retirement Plan for ScpmgKaiser Permanente Retirement…$7.7BPepsico Employees Retirement Plan IPepsico Employees Retirement…$7.6BDominion Energy Pension Plan$7.6BCox Enterprises, Inc. Pension PlanCox Enterprises, Inc. Pensio…$7.4B
End-of-year total assets ($B) among Dominion Energy Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$7.3B
Net Assets (End of Year)$7.6B
Net Income$305M
Employer EIN541229715
Plan Effective Date1936-01-01
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 Defined Benefit (Pension) Plans in Virginia

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

Dominion Energy Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 5101520 Total assets ($B) Participants Dominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundUnited Association National Pension Fund, Total assets ($B): 7.130626653 · Participants: 84317United Association National Pension Fund
Dominion Energy Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Dominion Energy Pension Plan side-by-side with 3 peers →

Scale composition for Dominion Energy Pension Plan

Dominion Energy Pension Plan reports $7.6B in end-of-year assets across 12,263 participants (0.061% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $617,382 per participant (4.5x the national average assets-per-participant) . Net income for plan year 2023 was $305M.

This plan identity (EIN 541229715, plan #101) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.3B to $8.3B (+14.7%) while covered participants moved from 12,832 to 11,758 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,832 $7.3B Open filing
2023 12,263 $7.6B This page
2024 · index core 11,758 $8.3B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Dominion Energy Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Pepsico Employees Retirement Plan I in NY ($7.6B); by covered participants it is Metlife Retirement Plan in NJ (12,300 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,263 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 Pension Plan assets move in 2023? ▼
Dominion Energy Pension Plan edged up modestly - up 4.2% during 2023, from $7.3B to $7.6B. Reported net income was $305M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Dominion Energy Pension 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 Defined Benefit (Pension) plans are similar in size to Dominion Energy Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pepsico Employees Retirement Plan I in NY ($7.6B, 12,289 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Dominion Energy Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Metlife Retirement Plan in NJ (12,300 participants, $7.9B 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.