Oglethorpe Power Corporation Retirement Plan — Form 5500 plan (Oglethorpe Power Corporation (An Electric Membership Corporation))
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, Oglethorpe Power Corporation Retirement Plan is a benefit plan reported by Oglethorpe Power Corporation (An Electric Membership Corporation) under EIN 58-1211925 and plan number 002. The latest loaded filing year is 2023. The filing reports 408 participants and $197,240,892 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Oglethorpe Power Corporation (An Electric Membership Corporation)
- EIN
- 58-1211925
- Plan number
- 002
- Plan type
- 2
- Location
- Tucker, GA
- Latest filing year
- 2023
- Participants
- 408
- End-of-year plan assets
- $197,240,892
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 408 | H, C | 20241009163041NAL0019634865001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $197,240,892
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $197,240,892
- Net assets (BOY)
- $166,191,850
Income & contributions
- Employer contributions
- $7,754,900
- Participant contributions
- $5,184,439
- Total contributions
- $14,023,078
- Total income / additions
- $47,303,626
Expenses & distributions
- Benefits paid
- $16,731,208
- Administrative expenses
- -$46,475
- Total expenses
- $16,685,608
- Net increase / (decrease)
- $30,618,018
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | -$42,794 | $0 | 2023 |