Plan Snapshot
- Plan Sponsor: Dominion Energy, INC.
- Sponsor EIN: 541229715
- Sponsor Address: 120 TREDEGAR ST, CLEARINGHOUSE 3FL, RICHMOND, VA, 232194306
- Plan Type: Health & Welfare
- Plan Number: 507
- Total Participants: 10,893
- Total Assets: $1.8B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,893 | $1.8B | $22.1M | $12.5M |
| 2023 | 10,937 | $1.1B | $16.0M | $13.4M |
| 2022 | 10,380 | $1.0B | $21.8M | $15.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ANTHEM | Investment Advisor | $1,474,504 | — | $1,474,504 |
| JP MORGAN CHASE BANK | Other Service Provider | $1,348,202 | — | $1,348,202 |
| EXPRESS SCRIPTS | Other Service Provider | $674,121 | — | $674,121 |
| ALLSPRING INTERMEDIATE II LLC | Other Service Provider | $415,201 | — | $415,201 |
| ALPINE INVESTORS | Other Service Provider | $410,399 | — | $410,399 |
| VIA BENEFITS (HRA) | Other Service Provider | $352,554 | — | $352,554 |
| ERNST & YOUNG U.S. LLP | Auditor | $323,549 | — | $323,549 |
| DOMINION RESOURCES SERVICES | Other Service Provider | $168,572 | — | $168,572 |
| WILLIS TOWERS WATSON US LLC | Actuary | $149,576 | — | $149,576 |
| TRILANTIC ENERGY PARTNERS II PARALL | Other Service Provider | $99,476 | — | $99,476 |
| ALIGHT HOLDING COMPANY LLC | Recordkeeper | $78,682 | — | $78,682 |
| PWP GROWTH EQUITY FUND II LP | Other Service Provider | $77,169 | — | $77,169 |
| BNY MELLON | Other Service Provider | $73,287 | — | $73,287 |
| KKR AMERICAS FUND XII LP | Other Service Provider | $73,268 | — | $73,268 |
| HIGHMARK | Other Service Provider | $52,412 | — | $52,412 |
| A&M CAPITAL PARTNERS II, LP | Other Service Provider | $52,044 | — | $52,044 |
| NB PRIVATE EQUITY CREDIT OPPORTUNIT | Other Service Provider | $43,960 | — | $43,960 |
| VIRTU AMERICAS LLC, NEW YORK | Other Service Provider | — | $41,492 | $41,492 |
| PWP GROWTH EQUITY FUND I LP | Other Service Provider | $38,084 | — | $38,084 |
| KEYBANK NATIONAL ASSOCIATION | Investment Advisor | $36,723 | — | $36,723 |
| NB RE SECONDARY OPP OFFSHORE | Other Service Provider | $34,600 | — | $34,600 |
| PJT PARTNERS | Other Service Provider | $33,183 | — | $33,183 |
| PRUDENTIAL INSURANCE CO | Recordkeeper | $23,409 | — | $23,409 |
| KIRKLAND & ELLIS LLP | ERISA Attorney | $22,573 | — | $22,573 |
| MSCI, INC. | Other Service Provider | $21,337 | — | $21,337 |
| KOHLBERG TE INVESTORS IX LP | Other Service Provider | $20,775 | — | $20,775 |
| A & M CAPITAL PARTNERS LP | Other Service Provider | $18,056 | — | $18,056 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $17,941 | — | $17,941 |
| BANK OF AMERICA CORP, CHARLOTTE | Other Service Provider | — | $16,356 | $16,356 |
| MISCHLER FINANCIAL GROUP INC, NEW Y | Other Service Provider | — | $15,133 | $15,133 |
| WCA & STOWE XII LP | Other Service Provider | $14,922 | — | $14,922 |
| UBS SECURITIES LLC, STAMFORD | Other Service Provider | — | $11,449 | $11,449 |
| DELOITTE TOUCHE LLP | Auditor | $10,782 | — | $10,782 |
| BARCLAYS CAPITAL LE, NEW YORK | Other Service Provider | — | $9,284 | $9,284 |
| 1607 CAPITAL BOND FUND | Other Service Provider | $9,142 | — | $9,142 |
| CLEAR STREET LLC, NEW YORK | Other Service Provider | — | $8,481 | $8,481 |
| JONESTRADING INST SVCS LLC, NEW YOR | Other Service Provider | — | $8,132 | $8,132 |
| GOLDMAN SACHS & CO, NY | Other Service Provider | — | $8,021 | $8,021 |
| JEFFERIES & CO INC, NEW YORK | Other Service Provider | — | $7,202 | $7,202 |
| REED SMITH LLP | ERISA Attorney | $6,707 | — | $6,707 |
| COWEN AND CO LLC, NEW YORK | Other Service Provider | — | $5,930 | $5,930 |
| CAP INSTL SVCS INC - EQUITIES, NEW | Other Service Provider | — | $5,271 | $5,271 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM — Investment Advisor
- ERNST & YOUNG U.S. LLP — Auditor
- WILLIS TOWERS WATSON US LLC — Actuary
- ALIGHT HOLDING COMPANY LLC — Recordkeeper
- KEYBANK NATIONAL ASSOCIATION — Investment Advisor
- PRUDENTIAL INSURANCE CO — Recordkeeper
- DELOITTE TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,311,961
- Estimated Expense Ratio: 0.359% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,986,533 | — | $78,682 | $10,782 | — |
| 2023 | $8,378,312 | — | $262,275 | $14,222 | — |
| 2022 | $12,677,876 | — | — | — | $934,516 |