Plan Snapshot
- Plan Sponsor: Oglethorpe Power Corporation (An Electric Membership Corporation)
- Sponsor EIN: 581211925
- Sponsor Address: 2100 EAST EXCHANGE PLACE, TUCKER, GA, 30084
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $228.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 381 | $228.1M | $8.6M | $5.5M |
| 2023 | 342 | $197.2M | $7.8M | $5.2M |
| 2022 | 327 | $166.2M | $7.1M | $4.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$35,322 | — | $1,500 | — | — |
| 2023 | -$46,475 | — | $300 | — | — |
| 2022 | $40,811 | — | — | — | — |