Category Archives: Domion Power

Dominion Power Savings Plan

The employees of Dominion Power are offered a 401(k) SAVINGS PLAN for their retirement benefits. This plan allows employees to save money in a tax sheltered account for their retirement.  As an added incentive, there is a company match for contributions to this plan.  The following are the choices for employees who wish to select their own individual mutual funds or separately managed accounts.

S&P 500 Index Fund – This is a stock mutual fund that is designed to match the performance of the S&P 500 stock index.

Small/Mid Cap Equity Index Fund – This is a stock mutual fund designed to invest in the Dow Jones Total Stock Market index with the exception of the stocks in the S&P 500.

International Equity Fund – This is a stock mutual fund that invests in companies located outside of the United States.

Emerging Markets Equity Fund – This is a stock mutual fund that invests in companies in countries that are considered “Emerging” rather than “Developed.” Examples of Emerging Markets include Brazil, China, India, Korea and Mexico.

International Bond Fund – This is a bond mutual fund that invests in bond issued by governments and companies outside the United States.

Intermediate Bond Fund – This is a bond “Separate Account” that invests in government and corporate bonds in both the United States and in other countries.

1 to 3 Year Bond Fund – This is a bond mutual fund that invests in short-term bonds issued by corporations, the United States government and agencies.

Dominion Money Market Fund – This is a “Separate Account” that invests in high quality very short term assets designed to preserve capital.

Real Estate Fund – This is a “Separate Account” that invests in stocks of companies in the real estate business.

Multi-Asset Class Inflation Managed Fund – This is a mutual fund that invests in a large variety of assets including stocks, bonds, commodities and real estate.

Company Stock Fund – This is the option for employees who want to invest in Dominion stock.

Call us for more information.

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