2023 Form 5500 filing — Empower Retirement, LLC 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007091046NAL0025809488001) for Empower Retirement, LLC 401(K) Savings Plan, reported by Empower Retirement, LLC under EIN 84-1233483 and plan number 001. It reports 13,606 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007091046NAL0025809488001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Empower Retirement, LLC
- EIN
- 84-1233483
- Plan number
- 001
- Location
- Greenwood Village, CO
- Participants
- 13,606
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,852,270,164
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,852,270,164
- Employer contributions
- $88,525,196
- Participant contributions
- $97,753,970
- Total income / additions
- $481,242,478
- Benefits paid
- $121,985,259
- Administrative expenses
- $1,822
- Total expenses
- $122,048,664
- Net increase / (decrease)
- $359,193,814
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $1,312 | $0 |
| Td Ameritrade, Inc. | BROKERAGE SERVICES | $510 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |