Defined Benefit (Pension) · DOL Form 5500 · 2024

Scana Corporation Pension Plan

Data updated 2026-08-06

$670M
Total assets
2,655
Participants
98th
Percentile by assets
$252,410
Avg per participant
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Official DOL plan name: Scana Corporation Retirement Plan · Sponsored by Scana Corporation · Virginia · Utilities

$670M in assets, 2,655 participants

Scana Corporation's Scana Corporation Retirement Plan reported $670M in total assets and 2,655 participants in its 2024 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 116,472 plans)

Coverage in Virginia

Scana Corporation Retirement Plan covers 2,655 participants in Virginia, 3.4x the typical Virginia plan (state average ~781 per filing). Assets: $670M.

$670M
total plan assets (2024 EOY)
2,655
covered participants
98th
percentile by assets (of 116,472 plans)
$252,410
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scana Corporation Retirement Plan reported net income fell from $56M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Scana Corporation Retirement Plan reported participants fell from 2,781 in the plan year 2023 filing to 2,655 in the plan year 2024 filing.
  • Scana Corporation Retirement Plan end-of-year assets rose from $647M in the plan year 2023 filing to $670M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Scana Corporation Retirement Plan reports 2,655 participants - 3.4x that state average ($670M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$647M
Net Assets (End of Year)$670M
Net Income$31M
Employer EIN570784499
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scana Corporation)

$550M$600M$650M$700M 202220232024 $602M $670M ▲ +11.4%
Total plan assets by year, all Scana Corporation plans on file
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

Scana Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Scana Corporation Re…Northrop Grumman Pen…Retirement Security …Sheet Metal Workers'…Ng Space&mission Sys…Dominion Energy Pens…
Scana Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

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.

Frequently Asked Questions

How did Scana Corporation Retirement Plan assets move in 2024?
Scana Corporation Retirement Plan edged up modestly - up 3.5% during 2024, from $647M to $670M. Reported net income was $31M.
How have Scana Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Scana Corporation's sponsor-wide assets grew 11.4%, from $602M to $670M.
Where does Scana Corporation Retirement Plan rank by assets among Form 5500 filers?
Scana Corporation Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Scana Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Penske Cash Balance Benefit Plan in PA ($668M, 20,195 participants).

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 570784499.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.