Defined Benefit (Pension) · DOL Form 5500 · 2024
Dominion Energy, Inc. Pension Plan
Data updated 2026-08-25
- $8.3B
- Total assets Very large vs avg
- 11,758
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $708,689
- Avg per participant High balance/head
Official DOL plan name: Dominion Energy Pension Plan · Sponsored by Dominion Energy, Inc. · Virginia · Utilities
$8.3B in assets, 11,758 participants
Dominion Energy, Inc.'s Dominion Energy Pension Plan reported $8.3B in total assets and 11,758 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.
- #725 in Utilities (732 peers)
Coverage in Virginia
Dominion Energy Pension Plan covers 11,758 participants in Virginia, 15x the typical Virginia plan (state average ~782 per filing). Assets: $8.3B.
- #725
- in Utilities (732 peers)
- +10.1%
- assets growth YoY
- 84×
- vs typical plan assets (national mean)
The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$8,332,769,083 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Dominion Energy Pension 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 Pension Plan is a mega filing (11,758 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Dominion Energy Pension Plan reported net income fell from $305M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
- Dominion Energy Pension Plan end-of-year assets rose from $7.6B in the plan year 2023 filing to $8.3B in the plan year 2024 filing.
- Dominion Energy Pension Plan reported participants fell from 12,263 in the plan year 2023 filing to 11,758 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 541229715 · Dominion Energy, Inc. PY 2024 · Defined Benefit (Pension)
Dominion Energy Pension Plan · $8.3B · 11,758 · 100th
- RANK $8.3B
- PHOTO 11,758
- IND 100th
- EOY Defined Benefit (Pension)
- 5500 near Kaiser Permanente Retirement Plan for Scpmg
- ASSETS ind #725
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
Virginia filing particulars
| Total Assets (Beginning of Year) | $7.6B |
|---|---|
| Net Assets (End of Year) | $8.3B |
| Net Income | -$15M |
| Employer EIN | 541229715 |
| Plan Effective Date | 1936-01-01 |
| Filing Status | FILING 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
| 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.
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- United Association National Pension Fund $7.7B · 88,454
Scale composition for Dominion Energy Pension Plan
Dominion Energy Pension Plan reports $8.3B in end-of-year assets across 11,758 participants (0.068% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $708,689 per participant (5.1x the national average assets-per-participant) . Net income for plan year 2024 was -$15M.
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 | Open filing |
| 2024 · index core | 11,758 | $8.3B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Dominion Energy 401(k) Plan (401(k), $4.4B, 14,237 participants)
- Dominion Energy Virginia 401(k) Plan for Union-Represented Employees (401(k), $474M, 2,702 participants)
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 Kaiser Permanente Retirement Plan for Scpmg in CA ($8.4B); by covered participants it is Phillips 66 Retirement Plan in TX (11,709 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8.3B here).
- Kaiser Permanente Retirement Plan for Scpmg (CA) $8.4B · 50,341
- Wells Fargo & Company Cash Balance Plan (MN) $8.3B · 46,875
- Retirement Plan of International Paper Company (TN) $8.2B · 20,795
- United Food & Commercial Workers Intl Union - Industry Pension Fund (IL) $8.2B · 20,984
Similar participant headcount
Nearest other-state filings by covered participants (11,758 participants); asset peers above are excluded.
- Phillips 66 Retirement Plan (TX) 11,709 · 49 off
- Carpenters Pension Trust Fund of St. Louis (MO) 11,832 · 74 off
- Chicago & Vicinity Laborers' District Council Pension Plan (IL) 11,586 · 172 off
- Principal Cash Balance Plan (IA) 11,945 · 187 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.