ESOP · DOL Form 5500 · 2022

Otter Tail Corporation ESOP

Data updated 2026-08-25

$44M
Total assets Below avg plan size
746
Participants Near avg headcount
87th
Percentile by assets National rank
$59,455
Avg per participant Low balance/head
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Official DOL plan name: Otter Tail Corp Employee Stock Ownership · Sponsored by Otter Tail Corporation · North Dakota · Utilities

$44M in assets, 746 participants

Otter Tail Corporation's Otter Tail Corp Employee Stock Ownership reported $44M in total assets and 746 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #391 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Otter Tail Corp Employee Stock Ownership ranks #391 of 738 2022 filers by assets (1211% of the sector average)-$44M for 746 participants.

#391
in Utilities (738 peers)
-24.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Otter Tail Corp Employee Stock Ownership's outsized position by total assets

Otter Tail Corp Employee Stock Ownership vs every filed plan by assets

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

$44,353,279 Top 13% higher than 87% 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

Otter Tail Corp Employee Stock Ownership 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. Otter Tail Corp Employee Stock Ownership sits mid-pack in the medium band (746 participants).

Form 5500 schedule snapshot

Filing strip 270383995 · Otter Tail Corporation PY 2022 · ESOP

Otter Tail Corp Employee Stock Ownership · $44M · 746 · 87th

  • PART $44M
  • TYPE 746
  • NET 87th
  • BOOK ESOP
  • VS-ST near Supreme Group, Inc. Employee Stock Ownership Plan
  • BOY ind #391

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 What is an ESOP? → · Plans in North Dakota →

Otter Tail Corp Employee Stock Ownership in the asset neighbourhood

Supreme Group, Inc. Employee Stock Ownership PlanSupreme Group, Inc. Employee…$44MOtter Tail Corp Employee Stock OwnershipOtter Tail Corp Employee Sto…$44MMalco Products Sbc Employee Stock Ownership PlanMalco Products Sbc Employee …$44MS&j Supply Company, Inc. Employee Stock Ownership PlanS&j Supply Company, Inc. Emp…$44MOliver's Market Employee Stock Ownership PlanOliver's Market Employee Sto…$44M
End-of-year total assets ($M) among Otter Tail Corp Employee Stock Ownership and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$44M
Net Income-$14M
Employer EIN270383995
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Otter Tail Corporation)

Sponsor-wide plan assets over time

All Otter Tail Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$783M 14.655664234514507% vs 2022
2024 filing year
$650M$700M$750M$800M 202220232024 $683M $783M ▲ +14.7%
Year Plans Participants Total Assets
2022 3 3,664 $683M
2023 3 3,571 $760M
2024 3 3,847 $783M

Nearby ESOP Plans in North Dakota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Otter Tail Corp Employee Stock Ownership vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -0.500.511.5 Total assets ($B) Participants Otter Tail Corp Employee Stock Ownership, Total assets ($B): 0.044353279 · Participants: 746Otter Tail Corp Employee Stock OwnershipBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.106185018 · Participants: 2781Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.761655102 · Participants: 3187Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.234297255 · Participants: 616Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership Plan
Otter Tail Corp Employee Stock Ownership vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Otter Tail Corp Employee Stock Ownership side-by-side with 3 peers →

Otter Tail Corp Employee Stock Ownership's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Supreme Group, Inc. Employee Stock Ownership Plan in CT ($44M); by covered participants it is The North Highland Company Employee Stock Ownership Plan in GA (746 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (746 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 Otter Tail Corp Employee Stock Ownership assets move in 2022? ▼
Otter Tail Corp Employee Stock Ownership declined sharply - down 24.0% during 2022, from $58M to $44M. Reported net income was -$14M.
How have Otter Tail Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Otter Tail Corporation's sponsor-wide assets grew 14.7%, from $683M to $783M.
Where does Otter Tail Corp Employee Stock Ownership rank by assets among Form 5500 filers? ▼
Otter Tail Corp Employee Stock Ownership ranks in the 87th 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 ESOP plans are similar in size to Otter Tail Corp Employee Stock Ownership? ▼
Among ESOP plans in other states, the closest by assets is Supreme Group, Inc. Employee Stock Ownership Plan in CT ($44M, 182 participants).
Which ESOP plans cover a similar participant headcount to Otter Tail Corp Employee Stock Ownership? ▼
Among ESOP plans in other states, the closest by covered participants is The North Highland Company Employee Stock Ownership Plan in GA (746 participants, N/A 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 270383995.

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.