Ormat Technologies, Inc. And Subsidiaries 401(k) Plan: Login, Facts & Contact Information
Ormat Technologies, Inc. And Subsidiaries 401(k) Login
185 former Ormat Technologies, Inc. And Subsidiaries employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Ormat Technologies, Inc. And Subsidiaries 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $11.9 million went into the plan in contributions, $4.34 million of it from the employer (36%).
- $9.99 million was paid out to participants.
- Investment and other income added $9.26 million.
- Administrative expenses were $113,494, about $127 per account.
How the Ormat Technologies, Inc. And Subsidiaries 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 619 | $44.9 million | $1.69 million | $3.79 million |
| 2020 | 691 | $51.5 million | $1.58 million | $6.52 million |
| 2021 | 713 | $59.6 million | $1.84 million | $5.87 million |
| 2022 | 779 | $53.9 million | $2.88 million | $4.92 million |
| 2023 | 858 | $68.5 million | $3.97 million | $6.20 million |
| 2024 | 944 | $79.6 million | $4.34 million | $9.99 million |
Ormat Technologies, Inc. And Subsidiaries 401(k) Contact Information
Questions about the Ormat Technologies, Inc. And Subsidiaries 401(k)
Does Ormat Technologies, Inc. And Subsidiaries contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.34 million, 36% of all contributions.
Does the Ormat Technologies, Inc. And Subsidiaries 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Ormat Technologies, Inc. And Subsidiaries 401(k) plan?
944 participants at the start of plan year 2024, 703 of them active employees, and 185 former employees who still had money in the plan.
What is the average 401(k) balance at Ormat Technologies, Inc. And Subsidiaries?
About $89,115 per account: $79.6 million in plan assets across 893 accounts with a balance at the end of plan year 2024.
Who manages the Ormat Technologies, Inc. And Subsidiaries 401(k) accounts?
Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Ormat Technologies, Inc. And Subsidiaries. How do I access my 401(k)?
Your account stays with Transamerica 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.