Civic Intelligence

Otter Tail Power Company

Plan context: OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN

EIN 41-0462685 • Fergus Falls, MN • 76 filings • 23 plans

215 S Cascade StFergus Falls, MN 56537
Current Snapshot

Latest Year

2023

2023 Participants

226

2023 Assets

$304,441,498

2023 Contributions

$21,280,038

Historical Graphs

Total Assets Over Time

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

$408,828,036$204,414,018$0200020042008YearValue
$304,441,498Latest year 2008

Participants Over Time

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

4,1122,0560200020122023YearValue
226Latest year 2023

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
20231226$0$0-
Otter Tail Power Company Union Employees Severance Plan-226---
20221228$0$0-
Otter Tail Power Company Union Employees Severance Plan-228---
20211241$0$0-
Otter Tail Power Company Union Employees Severance Plan-241---
20201255$0$0-
Otter Tail Power Company Union Employees Severance Plan-255---
20191260$0$0-
Otter Tail Power Company Union Employees Severance Plan-260---
20181263$0$0-
Otter Tail Power Company Union Employees Severance Plan-263---
20171261$0$0-
Otter Tail Power Company Union Employees Severance Plan-261---
20161263$0$0-
Otter Tail Power Company Union Employees Severance Plan-263---
20151265$0$0-
Otter Tail Power Company Union Employees Severance Plan-265---
20141276$0$0-
Otter Tail Power Company Union Employees Severance Plan-276---
20131303$0$0-
Otter Tail Power Company Union Employees Severance Plan-303---
20121318$0$0-
Otter Tail Power Company Union Employees Severance Plan-318---
20111318$0$0-
Otter Tail Power Company Union Employees Severance Plan-318---
20101326$0$0-
Otter Tail Power Company Union Employees Severance Plan-326---
20091364$0$0-
Otter Tail Power Company Union Employees Severance Plan-364---
200864,112$304,441,498$21,280,038$5,175iApproximate average salary by contribution assumption: employee only about $129,378 at 4% or $86,252 at 6%; with 50% employer match about $86,252 at 4% or $57,501 at 6%; with 100% employer match about $64,689 at 4% or $43,126 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-4,112$134,743,911$16,542,538$4,023iApproximate average salary by contribution assumption: employee only about $100,575 at 4% or $67,050 at 6%; with 50% employer match about $67,050 at 4% or $44,700 at 6%; with 100% employer match about $50,287 at 4% or $33,525 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-822$131,563,253$4,000,000$4,866iApproximate average salary by contribution assumption: employee only about $121,655 at 4% or $81,103 at 6%; with 50% employer match about $81,103 at 4% or $54,069 at 6%; with 100% employer match about $60,827 at 4% or $40,552 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-822$38,134,334$737,500$897iApproximate average salary by contribution assumption: employee only about $22,430 at 4% or $14,953 at 6%; with 50% employer match about $14,953 at 4% or $9,969 at 6%; with 100% employer match about $11,215 at 4% or $7,477 at 6%.
Otter Tail Power Company Union Employees Severance Plan-336---
OTTER TAIL CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN-963---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-436---
200763,894$408,828,036$17,842,408$4,582iApproximate average salary by contribution assumption: employee only about $114,551 at 4% or $76,367 at 6%; with 50% employer match about $76,367 at 4% or $50,911 at 6%; with 100% employer match about $57,275 at 4% or $38,184 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-837$178,876,986$2,000,000$2,389iApproximate average salary by contribution assumption: employee only about $59,737 at 4% or $39,825 at 6%; with 50% employer match about $39,825 at 4% or $26,550 at 6%; with 100% employer match about $29,869 at 4% or $19,912 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-3,894$174,388,117$15,109,408$3,880iApproximate average salary by contribution assumption: employee only about $97,004 at 4% or $64,670 at 6%; with 50% employer match about $64,670 at 4% or $43,113 at 6%; with 100% employer match about $48,502 at 4% or $32,335 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-813$55,562,933$733,000$902iApproximate average salary by contribution assumption: employee only about $22,540 at 4% or $15,027 at 6%; with 50% employer match about $15,027 at 4% or $10,018 at 6%; with 100% employer match about $11,270 at 4% or $7,513 at 6%.
Otter Tail Power Company Union Employees Severance Plan-337---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-414---
OTTER TAIL CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN-949---
200673,583$385,096,650$17,745,201$4,953iApproximate average salary by contribution assumption: employee only about $123,815 at 4% or $82,543 at 6%; with 50% employer match about $82,543 at 4% or $55,029 at 6%; with 100% employer match about $61,908 at 4% or $41,272 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-854$171,661,668$4,100,322$4,801iApproximate average salary by contribution assumption: employee only about $120,033 at 4% or $80,022 at 6%; with 50% employer match about $80,022 at 4% or $53,348 at 6%; with 100% employer match about $60,016 at 4% or $40,011 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-3,583$161,908,998$12,906,879$3,602iApproximate average salary by contribution assumption: employee only about $90,056 at 4% or $60,038 at 6%; with 50% employer match about $60,038 at 4% or $40,025 at 6%; with 100% employer match about $45,028 at 4% or $30,019 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-823$51,525,984$738,000$897iApproximate average salary by contribution assumption: employee only about $22,418 at 4% or $14,945 at 6%; with 50% employer match about $14,945 at 4% or $9,964 at 6%; with 100% employer match about $11,209 at 4% or $7,473 at 6%.
Otter Tail Power Company Union Employees Severance Plan-468---
OTTER TAIL CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN-945---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-811---
Otter Tail Power Company Union Employees Severance Plan-345---
200553,457$337,694,334$18,433,019$5,332iApproximate average salary by contribution assumption: employee only about $133,302 at 4% or $88,868 at 6%; with 50% employer match about $88,868 at 4% or $59,245 at 6%; with 100% employer match about $66,651 at 4% or $44,434 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-835$151,071,906$4,000,000$4,790iApproximate average salary by contribution assumption: employee only about $119,760 at 4% or $79,840 at 6%; with 50% employer match about $79,840 at 4% or $53,227 at 6%; with 100% employer match about $59,880 at 4% or $39,920 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-3,457$138,498,537$13,603,019$3,935iApproximate average salary by contribution assumption: employee only about $98,373 at 4% or $65,582 at 6%; with 50% employer match about $65,582 at 4% or $43,721 at 6%; with 100% employer match about $49,187 at 4% or $32,791 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-809$48,123,891$830,000$1,026iApproximate average salary by contribution assumption: employee only about $25,649 at 4% or $17,099 at 6%; with 50% employer match about $17,099 at 4% or $11,400 at 6%; with 100% employer match about $12,824 at 4% or $8,550 at 6%.
Otter Tail Power Company Union Employees Severance Plan-352---
OTTER TAIL CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN-726---
200463,034$309,878,536$13,872,626$4,572iApproximate average salary by contribution assumption: employee only about $114,310 at 4% or $76,206 at 6%; with 50% employer match about $76,206 at 4% or $50,804 at 6%; with 100% employer match about $57,155 at 4% or $38,103 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-826$145,695,426$4,028,856$4,878iApproximate average salary by contribution assumption: employee only about $121,939 at 4% or $81,292 at 6%; with 50% employer match about $81,292 at 4% or $54,195 at 6%; with 100% employer match about $60,969 at 4% or $40,646 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-3,034$120,596,019$8,913,770$2,938iApproximate average salary by contribution assumption: employee only about $73,449 at 4% or $48,966 at 6%; with 50% employer match about $48,966 at 4% or $32,644 at 6%; with 100% employer match about $36,724 at 4% or $24,483 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-814$43,587,091$930,000$1,143iApproximate average salary by contribution assumption: employee only about $28,563 at 4% or $19,042 at 6%; with 50% employer match about $19,042 at 4% or $12,695 at 6%; with 100% employer match about $14,281 at 4% or $9,521 at 6%.
Otter Tail Power Company Union Employees Severance Plan-354---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-364---
OTTER TAIL CORPORATION COMPREHENSIVE WELEFARE BENEFIT PLAN-907---
200363,142$287,065,802$16,593,198$5,281iApproximate average salary by contribution assumption: employee only about $132,027 at 4% or $88,018 at 6%; with 50% employer match about $88,018 at 4% or $58,679 at 6%; with 100% employer match about $66,014 at 4% or $44,009 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-846$136,810,903$4,000,000$4,728iApproximate average salary by contribution assumption: employee only about $118,203 at 4% or $78,802 at 6%; with 50% employer match about $78,802 at 4% or $52,535 at 6%; with 100% employer match about $59,102 at 4% or $39,401 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-3,142$103,925,756$10,648,150$3,389iApproximate average salary by contribution assumption: employee only about $84,724 at 4% or $56,483 at 6%; with 50% employer match about $56,483 at 4% or $37,655 at 6%; with 100% employer match about $42,362 at 4% or $28,241 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-858$46,149,389$1,030,000$1,200iApproximate average salary by contribution assumption: employee only about $30,012 at 4% or $20,008 at 6%; with 50% employer match about $20,008 at 4% or $13,339 at 6%; with 100% employer match about $15,006 at 4% or $10,004 at 6%.
OTTER TAIL CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN-939$179,754$915,048$974iApproximate average salary by contribution assumption: employee only about $24,362 at 4% or $16,242 at 6%; with 50% employer match about $16,242 at 4% or $10,828 at 6%; with 100% employer match about $12,181 at 4% or $8,121 at 6%.
Otter Tail Power Company Union Employees Severance Plan-367---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-232---
200292,440$241,293,558$5,969,565$2,447iApproximate average salary by contribution assumption: employee only about $61,164 at 4% or $40,776 at 6%; with 50% employer match about $40,776 at 4% or $27,184 at 6%; with 100% employer match about $30,582 at 4% or $20,388 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-875$113,955,456--
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN-2,440$80,065,796$4,869,565$1,996iApproximate average salary by contribution assumption: employee only about $49,893 at 4% or $33,262 at 6%; with 50% employer match about $33,262 at 4% or $22,175 at 6%; with 100% employer match about $24,947 at 4% or $16,631 at 6%.
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-854$47,272,306$1,100,000$1,288iApproximate average salary by contribution assumption: employee only about $32,201 at 4% or $21,468 at 6%; with 50% employer match about $21,468 at 4% or $14,312 at 6%; with 100% employer match about $16,101 at 4% or $10,734 at 6%.
Otter Tail Power Company Union Employees Severance Plan-362---
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-242---
OTTER TAIL CORPORATION GROUP INSURANCE PLAN-852---
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN UNION-0---
OTTER TAIL CORPORATION LIFE & LIVING PLAN-371---
OTTER TAIL CORPORATION LONG TERM DISABILITY PLAN-792---
20018875$254,134,219$5,706,707$6,522iApproximate average salary by contribution assumption: employee only about $163,049 at 4% or $108,699 at 6%; with 50% employer match about $108,699 at 4% or $72,466 at 6%; with 100% employer match about $81,524 at 4% or $54,350 at 6%.
OTTER TAIL CORPORATION PENSION PLAN-862$138,971,180--
OTTER TAIL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN-875$51,972,694$1,133,171$1,295iApproximate average salary by contribution assumption: employee only about $32,376 at 4% or $21,584 at 6%; with 50% employer match about $21,584 at 4% or $14,389 at 6%; with 100% employer match about $16,188 at 4% or $10,792 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN - UNION-462$34,262,218$2,324,052$5,030iApproximate average salary by contribution assumption: employee only about $125,760 at 4% or $83,840 at 6%; with 50% employer match about $83,840 at 4% or $55,894 at 6%; with 100% employer match about $62,880 at 4% or $41,920 at 6%.
OTTER TAIL CORPORATION RETIREMENT SAVINGS PLAN - NONUNION-402$28,928,127$2,249,484$5,596iApproximate average salary by contribution assumption: employee only about $139,893 at 4% or $93,262 at 6%; with 50% employer match about $93,262 at 4% or $62,175 at 6%; with 100% employer match about $69,947 at 4% or $46,631 at 6%.
OTTER TAIL CORPORATION SPECIAL RISK INSURANCE-224---
OTTER TAIL CORPORATION LONG-TERM DISABILITY PLAN-779---
OTTER TAIL CORPORATION GROUP INSURANCE PLAN-858---
Otter Tail Power Company Union Employees Severance Plan-372---
20008855$115,889,523$5,363,153$6,273iApproximate average salary by contribution assumption: employee only about $156,817 at 4% or $104,545 at 6%; with 50% employer match about $104,545 at 4% or $69,697 at 6%; with 100% employer match about $78,409 at 4% or $52,272 at 6%.
OTTER TAIL POWER COMPANY EMPLOYEE STOCK OWNERSHIP PLAN-855$49,957,013$1,140,997$1,334iApproximate average salary by contribution assumption: employee only about $33,362 at 4% or $22,242 at 6%; with 50% employer match about $22,242 at 4% or $14,828 at 6%; with 100% employer match about $16,681 at 4% or $11,121 at 6%.
OTTER TAIL POWER COMPANY RETIREMENT SAVINGS PLAN - UNION-472$36,302,653$2,317,097$4,909iApproximate average salary by contribution assumption: employee only about $122,728 at 4% or $81,818 at 6%; with 50% employer match about $81,818 at 4% or $54,546 at 6%; with 100% employer match about $61,364 at 4% or $40,909 at 6%.
OTTER TAIL POWER COMPANY RETIREMENT SAVINGS PLAN - NONUNION-372$29,629,857$1,905,059$5,121iApproximate average salary by contribution assumption: employee only about $128,028 at 4% or $85,352 at 6%; with 50% employer match about $85,352 at 4% or $56,901 at 6%; with 100% employer match about $64,014 at 4% or $42,676 at 6%.
OTTER TAIL POWER COMPANY SPECIAL RISK INSURANCE-211---
OTTER TAIL POWER COMPANY GROUP INSURANCE PLAN-839---
OTTER TAIL POWER COMPANY LONG-TERM DISABILITY PLAN-773---
Otter Tail Power Company Union Employees Severance Plan-384---
OTTER TAIL POWER COMPANY PENSION PLAN-840---