Ormat 401(K) Plan — Form 5500 plan (Ormat Technologies, Inc. And Subsidiaries)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ormat 401(K) Plan is a benefit plan reported by Ormat Technologies, Inc. And Subsidiaries under EIN 88-0326081 and plan number 001. The latest loaded filing year is 2023. The filing reports 858 participants and $68,508,507 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ormat Technologies, Inc. And Subsidiaries
- EIN
- 88-0326081
- Plan number
- 001
- Plan type
- 2
- Location
- Reno, NV
- Latest filing year
- 2023
- Participants
- 858
- End-of-year plan assets
- $68,508,507
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 858 | H, C | 20240730104020NAL0033964576001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $68,508,507
- Net assets (EOY)
- $68,508,507
- Net assets (BOY)
- $53,883,686
Income & contributions
- Employer contributions
- $3,967,630
- Participant contributions
- $6,244,944
- Total contributions
- $11,302,930
- Total income / additions
- $21,063,089
Expenses & distributions
- Benefits paid
- $6,203,873
- Administrative expenses
- $234,395
- Total expenses
- $6,438,268
- Net increase / (decrease)
- $14,624,821
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Global Banking Opera | INVESTMENT ADVISOR | $138,155 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORDKEEPER | $78,390 | $0 | 2023 |
| Clifton Larson Allen Llp | AUDITOR | $17,850 | not reported in the loaded dataset | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ormat Technologies, Inc. And Subsidiaries
- 2023 Form 5500 filing
- Form 5500 filings in NV
- 401(k) and benefit plan filings in Reno, NV
- Morgan Stanley Global Banking Opera — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- Clifton Larson Allen Llp — Schedule C compensation
- National Financial Services — Schedule C compensation