Profit Sharing · DOL Form 5500 · 2024

Otter Tail Corporation Profit Sharing Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
816
Participants Near avg headcount
82nd
Percentile by assets National rank
$52,560
Avg per participant Low balance/head
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Official DOL plan name: Otter Tail Corporation Employee Stock Ownership Plan · Sponsored by Otter Tail Corporation · Minnesota · Utilities

$43M in assets, 816 participants

Otter Tail Corporation's Otter Tail Corporation Employee Stock Ownership Plan reported $43M in total assets and 816 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #357 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Otter Tail Corporation Employee Stock Ownership Plan ranks #357 of 732 2024 filers by assets (1252% of the sector average)-$43M for 816 participants.

#357
in Utilities (732 peers)
-24.5%
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 Corporation Employee Stock Ownership Plan's outsized position by total assets

Otter Tail Corporation Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$42,889,236 Top 18% higher than 82% of 123,620 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 2024

Otter Tail Corporation Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Otter Tail Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (816 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Otter Tail Corporation Employee Stock Ownership Plan reported net income fell from $12M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • Otter Tail Corporation Employee Stock Ownership Plan end-of-year assets fell from $57M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Otter Tail Corporation Employee Stock Ownership Plan reported participants rose from 748 in the plan year 2023 filing to 816 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 270383995 · Otter Tail Corporation PY 2024 · Profit Sharing

Otter Tail Corporation Employee Stock Ownership Plan · $43M · 816 · 82nd

  • ASSETS $43M
  • ASSETS 816
  • ASSETS 82nd
  • ASSETS Profit Sharing
  • ASSETS near University Pediatric Associates Retirement Plan
  • ASSETS ind #357

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 Minnesota →

Otter Tail Corporation Employee Stock Ownership Plan in the asset neighbourhood

Pma Retirement Savings Plan$43MOtter Tail Corporation Employee Stock Ownership PlanOtter Tail Corporation Emplo…$43MUniversity Pediatric Associates Retirement PlanUniversity Pediatric Associa…$43MThe Episcopal Academy 401(a) Defined Contribution Retirement PlanThe Episcopal Academy 401(a)…$43MThe Lighthouse for the Blind, Inc. Tax-Deferred Annuity PlanThe Lighthouse for the Blind…$43M
End-of-year total assets ($M) among Otter Tail Corporation Employee Stock Ownership Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$43M
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 Profit Sharing Plans in Minnesota

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

Otter Tail Corporation Employee Stock Ownership Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Otter Tail Corporation Employee Stock Ownership Plan, Total assets ($B): 0.042889236 · Participants: 816Otter Tail Corporation Employee Stock Ownership PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Otter Tail Corporation Employee Stock Ownership Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Otter Tail Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Otter Tail Corporation Employee Stock Ownership Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is University Pediatric Associates Retirement Plan in NY ($43M); by covered participants it is Children's Institute, Inc. 403(b) Plan in CA (819 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (816 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Otter Tail Corporation Employee Stock Ownership Plan assets move in 2024? ▼
Otter Tail Corporation Employee Stock Ownership Plan declined sharply - down 24.5% during 2024, from $57M to $43M. 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 Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Otter Tail Corporation Employee Stock Ownership Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Otter Tail Corporation Employee Stock Ownership Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is University Pediatric Associates Retirement Plan in NY ($43M, 224 participants).
Which Profit Sharing plans cover a similar participant headcount to Otter Tail Corporation Employee Stock Ownership Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Children's Institute, Inc. 403(b) Plan in CA (819 participants, $39M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.