Edp Renewables North America Llc 401(k) Plan: Login, Facts & Contact Information

Edp Renewables North America Llc 401(k) Plan Facts

Plan name
EDP RENEWABLES NORTH AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EDP RENEWABLES NORTH AMERICA LLC
Participants
1,397 (1,054 active employees)
Former employees with a balance
448
Plan assets
$139,793,268 at Dec 31, 2023
Average account balance
$95,357 across 1,466 accounts
Employer contributions
$7,694,312 in plan year 2023 (35% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2000
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Jan 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $22.2 million went into the plan in contributions, $7.69 million of it from the employer (35%).
  • $13.3 million was paid out to participants.
  • Investment and other income added $23.0 million.
  • Administrative expenses were $158,730, about $108 per account.

How the Edp Renewables North America Llc 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018643$55.2 million$3.57 million$4.69 million
2019762$74.9 million$3.95 million$4.09 million
2020867$95.8 million$4.81 million$7.85 million
2021998$118.4 million$5.87 million$11.4 million
20221,208$108.0 million$7.06 million$8.33 million
20231,397$139.8 million$7.69 million$13.3 million

Edp Renewables North America Llc 401(k) Contact Information

Phone
713-265-0350
Mailing address
1501 MCKINNEY STREET SUITE 1300, HOUSTON TX 77010
Plan sponsor
EDP RENEWABLES NORTH AMERICA LLC
Employer identification number (EIN)
26-0860404
Plan number
001

Questions about the Edp Renewables North America Llc 401(k)

Does Edp Renewables North America Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $7.69 million, 35% of all contributions.

Does the Edp Renewables North America Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Edp Renewables North America Llc 401(k) plan?

1,397 participants at the start of plan year 2023, 1,054 of them active employees, and 448 former employees who still had money in the plan.

What is the average 401(k) balance at Edp Renewables North America Llc?

About $95,357 per account: $139.8 million in plan assets across 1,466 accounts with a balance at the end of plan year 2023.

Who manages the Edp Renewables North America Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Edp Renewables North America Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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