401(k) · DOL Form 5500 · 2024

Dominion Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$4.4B
Total assets Very large vs avg
14,237
Participants Very large workforce
100th
Percentile by assets National rank
$311,298
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Dominion Energy 401(k) Plan · Sponsored by Dominion Energy, Inc. · Virginia · Utilities

$4.4B in assets, 14,237 participants

Dominion Energy, Inc.'s Dominion Energy 401(k) Plan reported $4.4B in total assets and 14,237 participants in its 2024 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.

  • #707 in Utilities (732 peers)

Coverage in Virginia

Dominion Energy 401(k) Plan covers 14,237 participants in Virginia, 18x the typical Virginia plan (state average ~782 per filing). Assets: $4.4B.

#707
in Utilities (732 peers)
+4.0%
assets growth YoY
44×
vs typical plan assets (national mean)

Dominion Energy 401(k) Plan's outsized position by total assets

Dominion Energy 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,431,949,452 Highest reported value at or above every one of 123,620 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 2024

Dominion Energy 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Dominion Energy 401(k) Plan is a mega filing (14,237 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Dominion Energy 401(k) Plan reported net income fell from $311M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Dominion Energy 401(k) Plan end-of-year assets rose from $4.3B in the plan year 2023 filing to $4.4B in the plan year 2024 filing.
  • Dominion Energy 401(k) Plan reported participants rose from 13,734 in the plan year 2023 filing to 14,237 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 541229715 · Dominion Energy, Inc. PY 2024 · 401(k)

Dominion Energy 401(k) Plan · $4.4B · 14,237 · 100th

  • PCT $4.4B
  • EIN 14,237
  • RANK 100th
  • PHOTO 401(k)
  • IND near St. Joseph and Covenant Health Systems 401(k) Plan
  • EOY ind #707

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 401(k) Plan in the asset neighbourhood

Michelin 401(k) Savings Plan$4.5BSt. Joseph and Covenant Health Systems 401(k) PlanSt. Joseph and Covenant Heal…$4.5BOmnicom Group Retirement Savings PlanOmnicom Group Retirement Sav…$4.5BThomson Reuters 401(k) Savings PlanThomson Reuters 401(k) Savin…$4.5BDominion Energy 401(k) Plan$4.4B
End-of-year total assets ($B) among Dominion Energy 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$4.3B
Net Assets (End of Year)$4.4B
Net Income$2M
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 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants Dominion Energy 401(k) Plan, Total assets ($B): 4.431949452 · Participants: 14237Dominion Energy 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Dominion Energy 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Dominion Energy 401(k) Plan

Dominion Energy 401(k) Plan reports $4.4B in end-of-year assets across 14,237 participants (0.036% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $311,298 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2024 was $2M.

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 Open filing
2024 · index core 14,237 $4.4B This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside Virginia, the nearest 401(k) by assets is St. Joseph and Covenant Health Systems 401(k) Plan in WA ($4.5B); by covered participants it is Genesis Administrative Services 401(k) Plan #2 in PA (14,251 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (14,237 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Dominion Energy 401(k) Plan assets move in 2024?
Dominion Energy 401(k) Plan edged up modestly - up 4.0% during 2024, from $4.3B to $4.4B. Reported net income was $2M.
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 401(k) Plan rank by assets among Form 5500 filers?
Dominion Energy 401(k) Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Dominion Energy 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is St. Joseph and Covenant Health Systems 401(k) Plan in WA ($4.5B, 29,922 participants).
Which 401(k) plans cover a similar participant headcount to Dominion Energy 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Genesis Administrative Services 401(k) Plan #2 in PA (14,251 participants, $85M in assets).