401(k) · DOL Form 5500 · 2024

Dominion Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$474M
Total assets Above avg plan size
2,702
Participants Above avg headcount
97th
Percentile by assets National rank
$175,556
Avg per participant Above avg balance/head
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Official DOL plan name: Dominion Energy Virginia 401(k) Plan for Union-Represented Employees · Sponsored by Dominion Energy, Inc. · Virginia · Utilities

$474M in assets, 2,702 participants

Dominion Energy, Inc.'s Dominion Energy Virginia 401(k) Plan for Union-Represented Employees reported $474M in total assets and 2,702 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #586 in Utilities (732 peers)

Coverage in Virginia

Dominion Energy Virginia 401(k) Plan for Union-Represented Employees covers 2,702 participants in Virginia, 3.5x the typical Virginia plan (state average ~782 per filing). Assets: $474M.

#586
in Utilities (732 peers)
+10.4%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Dominion Energy Virginia 401(k) Plan for Union-Represented Employees's outsized position by total assets

Dominion Energy Virginia 401(k) Plan for Union-Represented Employees vs every filed plan by assets

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

$474,350,990 Top 3% higher than 97% 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 Virginia 401(k) Plan for Union-Represented Employees's large-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 Virginia 401(k) Plan for Union-Represented Employees lands in the large band (2,702 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Dominion Energy Virginia 401(k) Plan for Union-Represented Employees reported net income rose from $23M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • Dominion Energy Virginia 401(k) Plan for Union-Represented Employees end-of-year assets rose from $430M in the plan year 2023 filing to $474M in the plan year 2024 filing.
  • Dominion Energy Virginia 401(k) Plan for Union-Represented Employees reported participants rose from 2,622 in the plan year 2023 filing to 2,702 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 Virginia 401(k) Plan for Union-Represented Employees · $474M · 2,702 · 97th

  • RANK $474M
  • RANK 2,702
  • RANK 97th
  • RANK 401(k)
  • RANK near Jones Walker LLP Profit Sharing Retirement Plan
  • RANK ind #586

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 Virginia 401(k) Plan for Union-Represented Employees in the asset neighbourhood

Growmark Member Cooperative 401(k) Savings PlanGrowmark Member Cooperative …$475MDominion Energy Virginia 401(k) Plan for Union-Represented EmployeesDominion Energy Virginia 401…$474MJones Walker LLP Profit Sharing Retirement PlanJones Walker LLP Profit Shar…$474MAbsopure Water Company, Et Al. 401(k) Profit Sharing PlanAbsopure Water Company, Et A…$474MCommunity Financial System, Inc 401(k) Employee Stock Ownership PlanCommunity Financial System, …$474M
End-of-year total assets ($M) among Dominion Energy Virginia 401(k) Plan for Union-Represented Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$430M
Net Assets (End of Year)$474M
Net Income$56M
Employer EIN541229715
Plan Effective Date1989-01-01
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 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Dominion Energy Virginia 401(k) Plan for Union-Represented Employees vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Dominion Energy Virginia 401(k) Plan for Union-Represented Employees, Total assets ($B): 0.47435099 · Participants: 2702Dominion Energy Virginia 401(k) Plan for Union-Represented EmployeesNorthrop 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 Virginia 401(k) Plan for Union-Represented Employees vs. nearby 401(k) plans in Virginia, assets vs. participants

Dominion Energy Virginia 401(k) Plan for Union-Represented Employees's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Jones Walker LLP Profit Sharing Retirement Plan in LA ($474M); by covered participants it is Savings Plan of the Newtron Group, L.L.C. and Subsidiaries in LA (2,703 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,702 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 Virginia 401(k) Plan for Union-Represented Employees assets move in 2024?
Dominion Energy Virginia 401(k) Plan for Union-Represented Employees grew at a solid clip - up 10.4% during 2024, from $430M to $474M. Reported net income was $56M.
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 Virginia 401(k) Plan for Union-Represented Employees rank by assets among Form 5500 filers?
Dominion Energy Virginia 401(k) Plan for Union-Represented Employees ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Dominion Energy Virginia 401(k) Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by assets is Jones Walker LLP Profit Sharing Retirement Plan in LA ($474M, 629 participants).
Which 401(k) plans cover a similar participant headcount to Dominion Energy Virginia 401(k) Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by covered participants is Savings Plan of the Newtron Group, L.L.C. and Subsidiaries in LA (2,703 participants, $118M in assets).