2023 Form 5500 filing — Ormat 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240730104020NAL0033964576001) for Ormat 401(K) Plan, reported by Ormat Technologies, Inc. And Subsidiaries under EIN 88-0326081 and plan number 001. It reports 858 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730104020NAL0033964576001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ormat Technologies, Inc. And Subsidiaries
- EIN
- 88-0326081
- Plan number
- 001
- Location
- Reno, NV
- Participants
- 858
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $68,508,507
- Net assets (EOY)
- $68,508,507
- Employer contributions
- $3,967,630
- Participant contributions
- $6,244,944
- Total income / additions
- $21,063,089
- Benefits paid
- $6,203,873
- Administrative expenses
- $234,395
- Total expenses
- $6,438,268
- Net increase / (decrease)
- $14,624,821
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking Opera | INVESTMENT ADVISOR | $138,155 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORDKEEPER | $78,390 | $0 |
| Clifton Larson Allen Llp | AUDITOR | $17,850 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |