Empower Retirement, LLC 401(K) Savings Plan — Form 5500 plan (Empower Retirement, LLC)
Plain-English plan 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, Empower Retirement, LLC 401(K) Savings Plan is a benefit plan reported by Empower Retirement, LLC under EIN 84-1233483 and plan number 001. The latest loaded filing year is 2023. The filing reports 13,606 participants and $1,852,270,164 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Empower Retirement, LLC
- EIN
- 84-1233483
- Plan number
- 001
- Plan type
- 2
- Location
- Greenwood Village, CO
- Latest filing year
- 2023
- Participants
- 13,606
- End-of-year plan assets
- $1,852,270,164
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 13,606 | H, C | 20241007091046NAL0025809488001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,852,270,164
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,852,270,164
- Net assets (BOY)
- $1,493,076,350
Income & contributions
- Employer contributions
- $88,525,196
- Participant contributions
- $97,753,970
- Total contributions
- $216,023,351
- Total income / additions
- $481,242,478
Expenses & distributions
- Benefits paid
- $121,985,259
- Administrative expenses
- $1,822
- Total expenses
- $122,048,664
- Net increase / (decrease)
- $359,193,814
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $1,312 | $0 | 2023 |
| Td Ameritrade, Inc. | BROKERAGE SERVICES | $510 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Empower Retirement, LLC
- 2023 Form 5500 filing
- Form 5500 filings in CO
- 401(k) and benefit plan filings in Greenwood Village, CO
- Charles Schwab & Co., Inc. — Schedule C compensation
- Td Ameritrade, Inc. — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation