Defined Benefit (Pension) · DOL Form 5500 · 2023
Scana Corporation Pension Plan
Data updated 2026-08-11
- $647M
- Total assets
- 2,781
- Participants
- 98th
- Percentile by assets
- $232,728
- Avg per participant
Official DOL plan name: Scana Corporation Retirement Plan · Sponsored by Scana Corporation · Virginia · Utilities
$647M in assets, 2,781 participants
Scana Corporation's Scana Corporation Retirement Plan reported $647M in total assets and 2,781 participants in its 2023 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 127,072 plans)
- #611 in Utilities (721 peers)
Coverage in Virginia
Scana Corporation Retirement Plan covers 2,781 participants in Virginia, 3.6x the typical Virginia plan (state average ~782 per filing). Assets: $647M.
- $647M
- total plan assets (2023 EOY)
- 2,781
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $232,728
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Scana Corporation Retirement Plan reported net income rose from -$234M in the plan year 2022 filing to $56M in the plan year 2023 filing.
- Scana Corporation Retirement Plan end-of-year assets rose from $602M in the plan year 2022 filing to $647M in the plan year 2023 filing.
- Scana Corporation Retirement Plan reported participants fell from 2,996 in the plan year 2022 filing to 2,781 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Scana Corporation Retirement Plan reports 2,781 participants - 3.6x that state average ($647M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $602M |
|---|---|
| Net Assets (End of Year) | $640M |
| Net Income | $56M |
| Employer EIN | 570784499 |
| Plan Effective Date | 1946-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Scana Corporation)
| 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
- Northrop Grumman Pension Plan $19.1B · 13,674
- Retirement Security Plan $10.2B · 54,171
- Ng Space&mission Systems Corp Salaried Pension Pla $8.5B · 7,117
- Sheet Metal Workers' National Pension Fund $8.3B · 61,272
- Dominion Energy Pension Plan $7.6B · 12,263
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.
- Northwestern Memorial Hospital Employees' Pension Plan (IL) $648M · 2,147
- Steamfitters Local Union No. 420 Pension Plan (PA) $646M · 2,456
- Aflac Incorporated Pension Plan (GA) $650M · 2,206
- Bay Area Painters & Tapers Pension Trust (CA) $644M · 3,669
Frequently Asked Questions
How did Scana Corporation Retirement Plan assets move in 2023? ▼
How have Scana Corporation plan assets changed over time? ▼
Where does Scana Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Scana Corporation Retirement Plan? ▼
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