Civic Intelligence

Otter Tail Corporation

Plan context: Otter Tail Corporation Retirement Savings Plan

EIN 27-0383995 • Fergus Falls, MN • 94 filings • 8 plans

215 S Cascade StFergus Falls, MN 56537
Current Snapshot

Latest Year

2024

2024 Participants

2,405

2024 Assets

$782,787,244

2024 Contributions

$28,354,112

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$852,460,271$426,230,136$0200920172024YearValue
$782,787,244Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3,7541,8770200920172024YearValue
2,405Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202462,405$782,787,244$28,354,112$11,790iApproximate average salary by contribution assumption: employee only about $294,741 at 4% or $196,494 at 6%; with 50% employer match about $196,494 at 4% or $130,996 at 6%; with 100% employer match about $147,371 at 4% or $98,247 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,338$411,073,574$28,088,888$12,014iApproximate average salary by contribution assumption: employee only about $300,352 at 4% or $200,234 at 6%; with 50% employer match about $200,234 at 4% or $133,490 at 6%; with 100% employer match about $150,176 at 4% or $100,117 at 6%.
Otter Tail Corporation Pension Plan-280$328,824,434--
Otter Tail Corporation Employee Stock Ownership Plan-821$42,889,236$265,224$323iApproximate average salary by contribution assumption: employee only about $8,076 at 4% or $5,384 at 6%; with 50% employer match about $5,384 at 4% or $3,589 at 6%; with 100% employer match about $4,038 at 4% or $2,692 at 6%.
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,854---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-2,405---
202362,722$760,322,171$27,888,116$10,245iApproximate average salary by contribution assumption: employee only about $256,136 at 4% or $170,758 at 6%; with 50% employer match about $170,758 at 4% or $113,838 at 6%; with 100% employer match about $128,068 at 4% or $85,379 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,719$371,532,743$27,602,596$10,152iApproximate average salary by contribution assumption: employee only about $253,794 at 4% or $169,196 at 6%; with 50% employer match about $169,196 at 4% or $112,797 at 6%; with 100% employer match about $126,897 at 4% or $84,598 at 6%.
Otter Tail Corporation Pension Plan-311$331,964,251--
Otter Tail Corporation Employee Stock Ownership Plan-811$56,825,177$285,520$352iApproximate average salary by contribution assumption: employee only about $8,801 at 4% or $5,868 at 6%; with 50% employer match about $5,868 at 4% or $3,912 at 6%; with 100% employer match about $4,401 at 4% or $2,934 at 6%.
Otter Tail Corporation Special Risk Insurance-2,722---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,052---
202262,485$682,728,803$25,135,727$10,115iApproximate average salary by contribution assumption: employee only about $252,875 at 4% or $168,583 at 6%; with 50% employer match about $168,583 at 4% or $112,389 at 6%; with 100% employer match about $126,437 at 4% or $84,292 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,473$323,152,263$24,835,881$10,043iApproximate average salary by contribution assumption: employee only about $251,070 at 4% or $167,380 at 6%; with 50% employer match about $167,380 at 4% or $111,587 at 6%; with 100% employer match about $125,535 at 4% or $83,690 at 6%.
Otter Tail Corporation Pension Plan-343$315,223,261--
Otter Tail Corporation Employee Stock Ownership Plan-751$44,353,279$299,846$399iApproximate average salary by contribution assumption: employee only about $9,982 at 4% or $6,654 at 6%; with 50% employer match about $6,654 at 4% or $4,436 at 6%; with 100% employer match about $4,991 at 4% or $3,327 at 6%.
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-2,485---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,865---
202162,533$852,460,271$43,852,916$17,313iApproximate average salary by contribution assumption: employee only about $432,816 at 4% or $288,544 at 6%; with 50% employer match about $288,544 at 4% or $192,363 at 6%; with 100% employer match about $216,408 at 4% or $144,272 at 6%.
Otter Tail Corporation Pension Plan-365$408,613,241$20,000,000$54,795iApproximate average salary by contribution assumption: employee only about $1,369,863 at 4% or $913,242 at 6%; with 50% employer match about $913,242 at 4% or $608,828 at 6%; with 100% employer match about $684,932 at 4% or $456,621 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,510$385,486,351$23,514,341$9,368iApproximate average salary by contribution assumption: employee only about $234,207 at 4% or $156,138 at 6%; with 50% employer match about $156,138 at 4% or $104,092 at 6%; with 100% employer match about $117,103 at 4% or $78,069 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-745$58,360,679$338,575$454iApproximate average salary by contribution assumption: employee only about $11,362 at 4% or $7,574 at 6%; with 50% employer match about $7,574 at 4% or $5,050 at 6%; with 100% employer match about $5,681 at 4% or $3,787 at 6%.
Otter Tail Corporation Special Risk Insurance-2,533---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,929---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
202062,222$753,076,922$29,057,013$13,077iApproximate average salary by contribution assumption: employee only about $326,924 at 4% or $217,949 at 6%; with 50% employer match about $217,949 at 4% or $145,300 at 6%; with 100% employer match about $163,462 at 4% or $108,975 at 6%.
Otter Tail Corporation Pension Plan-407$371,996,114$10,000,000$24,570iApproximate average salary by contribution assumption: employee only about $614,251 at 4% or $409,500 at 6%; with 50% employer match about $409,500 at 4% or $273,000 at 6%; with 100% employer match about $307,125 at 4% or $204,750 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,149$341,522,308$18,722,019$8,712iApproximate average salary by contribution assumption: employee only about $217,799 at 4% or $145,199 at 6%; with 50% employer match about $145,199 at 4% or $96,800 at 6%; with 100% employer match about $108,900 at 4% or $72,600 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-738$39,558,500$334,994$454iApproximate average salary by contribution assumption: employee only about $11,348 at 4% or $7,565 at 6%; with 50% employer match about $7,565 at 4% or $5,044 at 6%; with 100% employer match about $5,674 at 4% or $3,783 at 6%.
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,741---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-2,222---
201962,360$689,046,569$29,802,699$12,628iApproximate average salary by contribution assumption: employee only about $315,707 at 4% or $210,471 at 6%; with 50% employer match about $210,471 at 4% or $140,314 at 6%; with 100% employer match about $157,853 at 4% or $105,236 at 6%.
Otter Tail Corporation Pension Plan-439$342,652,072$11,200,000$25,513iApproximate average salary by contribution assumption: employee only about $637,813 at 4% or $425,209 at 6%; with 50% employer match about $425,209 at 4% or $283,473 at 6%; with 100% employer match about $318,907 at 4% or $212,604 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,347$297,042,282$18,274,410$7,786iApproximate average salary by contribution assumption: employee only about $194,657 at 4% or $129,771 at 6%; with 50% employer match about $129,771 at 4% or $86,514 at 6%; with 100% employer match about $97,329 at 4% or $64,886 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-711$49,352,215$328,289$462iApproximate average salary by contribution assumption: employee only about $11,543 at 4% or $7,695 at 6%; with 50% employer match about $7,695 at 4% or $5,130 at 6%; with 100% employer match about $5,772 at 4% or $3,848 at 6%.
Otter Tail Corporation Special Risk Insurance-2,360---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,881---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
201862,444$594,981,301$39,976,609$16,357iApproximate average salary by contribution assumption: employee only about $408,926 at 4% or $272,617 at 6%; with 50% employer match about $272,617 at 4% or $181,745 at 6%; with 100% employer match about $204,463 at 4% or $136,309 at 6%.
Otter Tail Corporation Pension Plan-478$293,487,127$22,500,000$47,071iApproximate average salary by contribution assumption: employee only about $1,176,778 at 4% or $784,519 at 6%; with 50% employer match about $784,519 at 4% or $523,013 at 6%; with 100% employer match about $588,389 at 4% or $392,259 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,444$246,633,316$17,129,150$7,009iApproximate average salary by contribution assumption: employee only about $175,216 at 4% or $116,811 at 6%; with 50% employer match about $116,811 at 4% or $77,874 at 6%; with 100% employer match about $87,608 at 4% or $58,405 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-727$54,860,858$347,459$478iApproximate average salary by contribution assumption: employee only about $11,948 at 4% or $7,966 at 6%; with 50% employer match about $7,966 at 4% or $5,310 at 6%; with 100% employer match about $5,974 at 4% or $3,983 at 6%.
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,419---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-2,434---
201762,243$629,953,086$36,869,592$16,438iApproximate average salary by contribution assumption: employee only about $410,941 at 4% or $273,960 at 6%; with 50% employer match about $273,960 at 4% or $182,640 at 6%; with 100% employer match about $205,470 at 4% or $136,980 at 6%.
Otter Tail Corporation Pension Plan-519$307,022,482$20,000,000$38,536iApproximate average salary by contribution assumption: employee only about $963,391 at 4% or $642,261 at 6%; with 50% employer match about $642,261 at 4% or $428,174 at 6%; with 100% employer match about $481,696 at 4% or $321,130 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,243$269,830,456$16,306,225$7,270iApproximate average salary by contribution assumption: employee only about $181,746 at 4% or $121,164 at 6%; with 50% employer match about $121,164 at 4% or $80,776 at 6%; with 100% employer match about $90,873 at 4% or $60,582 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-733$53,100,148$563,367$769iApproximate average salary by contribution assumption: employee only about $19,214 at 4% or $12,810 at 6%; with 50% employer match about $12,810 at 4% or $8,540 at 6%; with 100% employer match about $9,607 at 4% or $6,405 at 6%.
Otter Tail Corporation Special Risk Insurance-2,229---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,192---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
201662,179$539,463,900$15,832,425$7,266iApproximate average salary by contribution assumption: employee only about $181,648 at 4% or $121,099 at 6%; with 50% employer match about $121,099 at 4% or $80,732 at 6%; with 100% employer match about $90,824 at 4% or $60,549 at 6%.
Otter Tail Corporation Pension Plan-542$255,438,359--
Otter Tail Corporation Retirement Savings Plan-2,178$232,440,868$15,227,193$6,991iApproximate average salary by contribution assumption: employee only about $174,784 at 4% or $116,523 at 6%; with 50% employer match about $116,523 at 4% or $77,682 at 6%; with 100% employer match about $87,392 at 4% or $58,261 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-713$51,584,673$605,232$849iApproximate average salary by contribution assumption: employee only about $21,221 at 4% or $14,148 at 6%; with 50% employer match about $14,148 at 4% or $9,432 at 6%; with 100% employer match about $10,611 at 4% or $7,074 at 6%.
Otter Tail Corporation Special Risk Insurance-2,179---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,961---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
201562,188$500,449,777$24,446,850$11,173iApproximate average salary by contribution assumption: employee only about $279,329 at 4% or $186,219 at 6%; with 50% employer match about $186,219 at 4% or $124,146 at 6%; with 100% employer match about $139,664 at 4% or $93,110 at 6%.
Otter Tail Corporation Pension Plan-581$244,635,639$10,000,000$17,212iApproximate average salary by contribution assumption: employee only about $430,293 at 4% or $286,862 at 6%; with 50% employer match about $286,862 at 4% or $191,241 at 6%; with 100% employer match about $215,146 at 4% or $143,431 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,188$219,432,029$13,812,081$6,313iApproximate average salary by contribution assumption: employee only about $157,816 at 4% or $105,211 at 6%; with 50% employer match about $105,211 at 4% or $70,141 at 6%; with 100% employer match about $78,908 at 4% or $52,605 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-717$36,382,109$634,769$885iApproximate average salary by contribution assumption: employee only about $22,133 at 4% or $14,755 at 6%; with 50% employer match about $14,755 at 4% or $9,837 at 6%; with 100% employer match about $11,066 at 4% or $7,378 at 6%.
Otter Tail Corporation Special Risk Insurance-2,167---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-1,865---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
201462,572$533,848,802$24,574,297$9,555iApproximate average salary by contribution assumption: employee only about $238,864 at 4% or $159,242 at 6%; with 50% employer match about $159,242 at 4% or $106,162 at 6%; with 100% employer match about $119,432 at 4% or $79,621 at 6%.
Otter Tail Corporation Pension Plan-624$255,970,221$10,000,000$16,026iApproximate average salary by contribution assumption: employee only about $400,641 at 4% or $267,094 at 6%; with 50% employer match about $267,094 at 4% or $178,063 at 6%; with 100% employer match about $200,321 at 4% or $133,547 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,218$232,639,729$13,919,888$6,276iApproximate average salary by contribution assumption: employee only about $156,897 at 4% or $104,598 at 6%; with 50% employer match about $104,598 at 4% or $69,732 at 6%; with 100% employer match about $78,448 at 4% or $52,299 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-722$45,238,852$654,409$906iApproximate average salary by contribution assumption: employee only about $22,660 at 4% or $15,106 at 6%; with 50% employer match about $15,106 at 4% or $10,071 at 6%; with 100% employer match about $11,330 at 4% or $7,553 at 6%.
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,572---
Otter Tail Corporation Special Risk Insurance-2,554---
201362,242$500,849,922$33,086,653$14,758iApproximate average salary by contribution assumption: employee only about $368,941 at 4% or $245,961 at 6%; with 50% employer match about $245,961 at 4% or $163,974 at 6%; with 100% employer match about $184,471 at 4% or $122,980 at 6%.
Otter Tail Corporation Pension Plan-674$234,497,513$20,000,000$29,674iApproximate average salary by contribution assumption: employee only about $741,840 at 4% or $494,560 at 6%; with 50% employer match about $494,560 at 4% or $329,707 at 6%; with 100% employer match about $370,920 at 4% or $247,280 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,242$222,236,577$12,423,687$5,541iApproximate average salary by contribution assumption: employee only about $138,534 at 4% or $92,356 at 6%; with 50% employer match about $92,356 at 4% or $61,570 at 6%; with 100% employer match about $69,267 at 4% or $46,178 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-737$44,115,832$662,966$900iApproximate average salary by contribution assumption: employee only about $22,489 at 4% or $14,992 at 6%; with 50% employer match about $14,992 at 4% or $9,995 at 6%; with 100% employer match about $11,244 at 4% or $7,496 at 6%.
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,041---
Otter Tail Corporation Special Risk Insurance-429---
201262,569$428,530,403$23,672,911$9,215iApproximate average salary by contribution assumption: employee only about $230,371 at 4% or $153,581 at 6%; with 50% employer match about $153,581 at 4% or $102,387 at 6%; with 100% employer match about $115,185 at 4% or $76,790 at 6%.
Otter Tail Corporation Pension Plan-685$202,119,914$10,000,000$14,599iApproximate average salary by contribution assumption: employee only about $364,964 at 4% or $243,309 at 6%; with 50% employer match about $243,309 at 4% or $162,206 at 6%; with 100% employer match about $182,482 at 4% or $121,655 at 6%.
Otter Tail Corporation Retirement Savings Plan-2,340$186,950,439$12,937,911$5,529iApproximate average salary by contribution assumption: employee only about $138,226 at 4% or $92,150 at 6%; with 50% employer match about $92,150 at 4% or $61,434 at 6%; with 100% employer match about $69,113 at 4% or $46,075 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-743$39,460,050$735,000$989iApproximate average salary by contribution assumption: employee only about $24,731 at 4% or $16,487 at 6%; with 50% employer match about $16,487 at 4% or $10,991 at 6%; with 100% employer match about $12,365 at 4% or $8,244 at 6%.
Otter Tail Corporation Comprehensive Welfare Benefit Plan-2,569---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-429---
201163,471$410,430,599$26,126,066$7,527iApproximate average salary by contribution assumption: employee only about $188,174 at 4% or $125,449 at 6%; with 50% employer match about $125,449 at 4% or $83,633 at 6%; with 100% employer match about $94,087 at 4% or $62,725 at 6%.
Otter Tail Corporation Retirement Savings Plan-3,471$193,430,126$15,365,571$4,427iApproximate average salary by contribution assumption: employee only about $110,671 at 4% or $73,781 at 6%; with 50% employer match about $73,781 at 4% or $49,187 at 6%; with 100% employer match about $55,336 at 4% or $36,890 at 6%.
Otter Tail Corporation Pension Plan-706$180,371,119$10,000,000$14,164iApproximate average salary by contribution assumption: employee only about $354,108 at 4% or $236,072 at 6%; with 50% employer match about $236,072 at 4% or $157,381 at 6%; with 100% employer match about $177,054 at 4% or $118,036 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-789$36,629,354$760,495$964iApproximate average salary by contribution assumption: employee only about $24,097 at 4% or $16,065 at 6%; with 50% employer match about $16,065 at 4% or $10,710 at 6%; with 100% employer match about $12,048 at 4% or $8,032 at 6%.
Otter Tail Corporation Comprehensive Welfare Benefit Plan-3,062---
Otter Tail Corporation Retiree Welfare Benefit Plan-0---
Otter Tail Corporation Special Risk Insurance-422---
201053,754$417,739,195$14,985,045$3,992iApproximate average salary by contribution assumption: employee only about $99,794 at 4% or $66,529 at 6%; with 50% employer match about $66,529 at 4% or $44,353 at 6%; with 100% employer match about $49,897 at 4% or $33,265 at 6%.
Otter Tail Corporation Retirement Savings Plan-3,754$195,493,967$14,205,745$3,784iApproximate average salary by contribution assumption: employee only about $94,604 at 4% or $63,069 at 6%; with 50% employer match about $63,069 at 4% or $42,046 at 6%; with 100% employer match about $47,302 at 4% or $31,535 at 6%.
Otter Tail Corporation Pension Plan-745$184,886,301--
Otter Tail Corporation Employee Stock Ownership Plan-804$37,358,927$779,300$969iApproximate average salary by contribution assumption: employee only about $24,232 at 4% or $16,155 at 6%; with 50% employer match about $16,155 at 4% or $10,770 at 6%; with 100% employer match about $12,116 at 4% or $8,077 at 6%.
Otter Tail Corporation Special Risk Insurance-422---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-3,057---
200953,562$375,296,498$34,982,547$9,821iApproximate average salary by contribution assumption: employee only about $245,526 at 4% or $163,684 at 6%; with 50% employer match about $163,684 at 4% or $109,123 at 6%; with 100% employer match about $122,763 at 4% or $81,842 at 6%.
Otter Tail Corporation Retirement Savings Plan-3,562$172,630,117$14,221,147$3,992iApproximate average salary by contribution assumption: employee only about $99,812 at 4% or $66,541 at 6%; with 50% employer match about $66,541 at 4% or $44,361 at 6%; with 100% employer match about $49,906 at 4% or $33,271 at 6%.
Otter Tail Corporation Pension Plan-783$160,556,395$20,000,000$25,543iApproximate average salary by contribution assumption: employee only about $638,570 at 4% or $425,713 at 6%; with 50% employer match about $425,713 at 4% or $283,809 at 6%; with 100% employer match about $319,285 at 4% or $212,857 at 6%.
Otter Tail Corporation Employee Stock Ownership Plan-830$42,109,986$761,400$917iApproximate average salary by contribution assumption: employee only about $22,934 at 4% or $15,289 at 6%; with 50% employer match about $15,289 at 4% or $10,193 at 6%; with 100% employer match about $11,467 at 4% or $7,645 at 6%.
Otter Tail Corporation Special Risk Insurance-422---
Otter Tail Corporation Comprehensive Welfare Benefit Plan-3,021---