UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
(Mark One):
| x | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2007.
or
| ¨ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission File Number 333-85094
| A. | Full title of the plan and the address of the plan, if different from that of the issuer named below: |
DOMINION EAST OHIO RIVER GAS
DIVISION UNION SAVINGS PLAN
| B. | Name of issuer of the securities held pursuant of the plan and the address of its principal executive office: |
DOMINION RESOURCES, INC.
120 Tredegar Street
Richmond, VA 23219
DOMINION EAST OHIO RIVER GAS DIVISION UNION SAVINGS PLAN
TABLE OF CONTENTS
| Page | ||
| FINANCIAL STATEMENTS: |
||
| Plan Assets and Liabilities as of December 31, 2007 and 2006 |
1 | |
| Income, Expenses and Transfers for the Year Ended December 31, 2007 |
2 | |
| 3 | ||
DOMINION EAST OHIO RIVER GAS DIVISION UNION SAVINGS PLAN
SMALL PLAN FINANCIAL INFORMATION
(UNAUDITED)
| December 31, 2007 |
December 31, 2006 | ||||||
| PLAN ASSETS AND LIABILITIES |
|||||||
| Total Plan Assets |
$ | 2,733,454 | $ | 2,604,077 | |||
| Total Plan Liabilities |
2,737,279 | 11,932 | |||||
| Net Assets Available for Benefits at Fair Value |
(3,825 | ) | 2,592,145 | ||||
| Adjustments from fair value to contract value for fully benefit-responsive investment contracts |
3,825 | 13,634 | |||||
| Net Assets Available for Benefits |
$ | — | $ | 2,605,779 | |||
| Note 1: | The above Employee Retirement Income Security Act of 1974 (ERISA) plan information is presented in accordance with the Department Of Labor (DOL) Form 5500, Schedule I. |
| Note 2: | On December 31, 2007, 23 participant accounts in the Plan were transferred to the Dominion East Ohio Gas Union Savings Plan. The Plan assets were transferred on January 3, 2008. |
Page 1
DOMINION EAST OHIO RIVER GAS DIVISION UNION SAVINGS PLAN
SMALL PLAN FINANCIAL INFORMATION
(UNAUDITED)
| Year Ended December 31, 2007 |
||||
| INCOME, EXPENSES AND TRANSFERS |
||||
| ADDITIONS: |
||||
| Contributions: |
||||
| Participant contributions |
$ | 135,613 | ||
| Employer contributions |
38,492 | |||
| Total contributions |
174,105 | |||
| Investment income |
242,575 | |||
| Total income |
416,680 | |||
| DEDUCTIONS: |
||||
| Benefits paid to participants |
284,072 | |||
| Administrative expenses |
8,819 | |||
| Total deductions |
292,891 | |||
| NET INCREASE IN NET ASSETS BEFORE TRANSFERS |
123,789 | |||
| TRANSFER OF PARTICIPANTS’ ASSETS FROM THE PLAN TO MERGED PLAN |
(2,729,568 | ) | ||
| NET DECREASE IN NET ASSETS |
(2,605,779 | ) | ||
| NET ASSETS AVAILABLE FOR BENEFITS: |
||||
| Beginning of year |
2,605,779 | |||
| End of year |
$ | — | ||
| Note 1: | The above ERISA plan information is presented in accordance with DOL Form 5500, Schedule I. |
| Note 2: | On December 31, 2007, 23 participant accounts in the Plan were transferred to the Dominion East Ohio Gas Union Savings Plan. The Plan assets were transferred on January 3, 2008. |
Page 2
DOMINION EAST OHIO RIVER GAS DIVISION UNION SAVINGS PLAN
SMALL PLAN FINANCIAL INFORMATION
(UNAUDITED)
| December 31, 2007 | |||
| SPECIFIC ASSETS |
|||
| Employer Securities |
$ | 1,250,972 | |
| Participant Loans |
$ | 121,074 | |
| Note 1: | The above ERISA plan information is presented in accordance with DOL Form 5500, Schedule I. |
| Note 2: | On December 31, 2007, 23 participant accounts in the Plan were transferred to the Dominion East Ohio Gas Union Savings Plan. The Plan assets were transferred on January 3, 2008. |
Page 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Dominion Resources Services, Inc. Administrative Benefits Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
| DOMINION EAST OHIO RIVER GAS DIVISION UNION SAVINGS PLAN | ||
| (name of plan) | ||
| Date: June 16, 2008 | /s/ James E. Eck | |
| James E. Eck | ||
| Chairman, Dominion Resources Services, Inc. Administrative Benefits Committee | ||