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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023858H, C20240730104020NAL0033964576001

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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Global Banking OperaINVESTMENT ADVISOR$138,155not reported in the loaded dataset2023
Transamerica Retirement SolutionsRECORDKEEPER$78,390$02023
Clifton Larson Allen LlpAUDITOR$17,850not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages