401(k) · DOL Form 5500 · 2022

Ormat Technologies, Inc. and Subsidiaries 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
631
Participants Below avg headcount
89th
Percentile by assets National rank
$85,394
Avg per participant Below avg balance/head
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Official DOL plan name: Ormat 401(k) Plan · Sponsored by Ormat Technologies, Inc. and Subsidiaries · Nevada · Utilities

$54M in assets, 631 participants

Ormat Technologies, Inc. and Subsidiaries's Ormat 401(k) Plan reported $54M in total assets and 631 participants in its 2022 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #419 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Ormat 401(k) Plan ranks #419 of 738 2022 filers by assets (996% of the sector average)-$54M for 631 participants.

#419
in Utilities (738 peers)
-9.5%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ormat 401(k) Plan's outsized position by total assets

Ormat 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$53,883,686 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Ormat 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ormat 401(k) Plan sits mid-pack in the medium band (631 participants).

Form 5500 schedule snapshot

Filing strip 880326081 · Ormat Technologies, Inc. and Subsidiaries PY 2022 · 401(k)

Ormat 401(k) Plan · $54M · 631 · 89th

  • SCH $54M
  • SCH 631
  • SCH 89th
  • SCH 401(k)
  • SCH near Iowa Student Loan Liquidity Corporation 401(k) Retirement Plan
  • SCH ind #419

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Nevada →

Ormat 401(k) Plan in the asset neighbourhood

Ormat 401(k) Plan$54MIowa Student Loan Liquidity Corporation 401(k) Retirement PlanIowa Student Loan Liquidity …$54MWachter Employees' 401(k) Profit Sharing PlanWachter Employees' 401(k) Pr…$54MAmli Residential Properties 401(k) PlanAmli Residential Properties …$54MTelenav, Inc. 401(k) Plan$54M
End-of-year total assets ($M) among Ormat 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$54M
Net Income-$6M
Employer EIN880326081
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ormat Technologies, Inc. and Subsidiaries)

Sponsor-wide plan assets over time

All Ormat Technologies, Inc. and Subsidiaries plans reported in each filing year

Latest sponsor-wide plan assets
$80M 47.68789573898118% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $53.9M $79.6M ▲ +47.7%
Year Plans Participants Total Assets
2022 1 631 $54M
2023 1 693 $69M
2024 1 753 $80M

Nearby 401(k) Plans in Nevada

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ormat 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -0.500.511.52 Total assets ($B) Participants Ormat 401(k) Plan, Total assets ($B): 0.053883686 · Participants: 631Ormat 401(k) PlanThe Mgm Resorts 401(k) Savings Plan, Total assets ($B): 1.74979961 · Participants: 29398The Mgm Resorts 401(k) Savings PlanCaesars Entertainment, Inc 401(k) Plan, Total assets ($B): 1.681748272 · Participants: 41227Caesars Entertainment, Inc 401(k) PlanBarrick Retirement Plan, Total assets ($B): 1.028962022 · Participants: 6733Barrick Retirement PlanSierra Nevada Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.879465087 · Participants: 4612Sierra Nevada Corporation 401(k) Profit Sharing PlanNv Energy 401(k) Plan, Total assets ($B): 0.876777296 · Participants: 2308Nv Energy 401(k) Plan
Ormat 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants
Compare Ormat 401(k) Plan side-by-side with 3 peers →

Ormat 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Nevada, the nearest 401(k) by assets is Iowa Student Loan Liquidity Corporation 401(k) Retirement Plan in IA ($54M); by covered participants it is Rcc 401(k) Plan and Trust in LA (631 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (631 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ormat 401(k) Plan assets move in 2022? ▼
Ormat 401(k) Plan pulled back noticeably - down 9.5% during 2022, from $60M to $54M. Reported net income was -$6M.
How have Ormat Technologies, Inc. and Subsidiaries plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ormat Technologies, Inc. and Subsidiaries's sponsor-wide assets grew 47.7%, from $54M to $80M.
Where does Ormat 401(k) Plan rank by assets among Form 5500 filers? ▼
Ormat 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ormat 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Iowa Student Loan Liquidity Corporation 401(k) Retirement Plan in IA ($54M, 157 participants).
Which 401(k) plans cover a similar participant headcount to Ormat 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rcc 401(k) Plan and Trust in LA (631 participants, $66M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880326081.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.