Opterra Energy Group 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Opterra Energy Group 401(k) Plan Facts (plan year 2018)

Plan name
OPTERRA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OPTERRA ENERGY GROUP
Participants
459 (368 active employees)
Former employees with a balance
72
Plan assets
$19,181,860 at Dec 31, 2018
Average account balance
$52,553 across 365 accounts
Employer contributions
$1,336,607 in plan year 2018 (28% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Apr 1, 2011
✓ 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 10, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $4.80 million went into the plan in contributions, $1.34 million of it from the employer (28%).
  • $1.18 million was paid out to participants.
  • Administrative expenses were $12,870, about $35 per account.

How the Opterra Energy Group 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201386$2.40 million$199,089$565,485
201495$3.68 million$132,061$457,465
2015303$6.95 million$849,291$529,444
2016342$11.3 million$1.35 million$520,371
2017368$16.9 million$1.18 million$730,051
2018459$19.2 million$1.34 million$1.18 million

Opterra Energy Group 401(k) Contact Information

Phone
303-524-1296
Mailing address
500 12TH STREET, SUITE 300, OAKLAND CA 94607
Plan sponsor
OPTERRA ENERGY GROUP
Employer identification number (EIN)
27-3638832
Plan number
001

Questions about the Opterra Energy Group 401(k)

Is the Opterra Energy Group 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Opterra Energy Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $1.34 million, 28% of all contributions.

Does the Opterra Energy Group 401(k) have automatic enrollment?

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

How many people are in the Opterra Energy Group 401(k) plan?

459 participants at the start of plan year 2018, 368 of them active employees, and 72 former employees who still had money in the plan.

What is the average 401(k) balance at Opterra Energy Group?

About $52,553 per account: $19.2 million in plan assets across 365 accounts with a balance at the end of plan year 2018.

Who manages the Opterra Energy Group 401(k) accounts?

Transamerica is the plan's recordkeeper, which is where participants log in to see their balance.

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