401(k) · DOL Form 5500 · 2022

Empower Retirement, LLC 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
7,741
Participants
99th
Percentile by assets
$192,879
Avg per participant
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Official DOL plan name: Empower Retirement, LLC 401(k) Savings Plan · Sponsored by Empower Retirement, LLC · Colorado · Finance & Insurance

$1.5B in assets, 7,741 participants

Empower Retirement, LLC's Empower Retirement, LLC 401(k) Savings Plan reported $1.5B in total assets and 7,741 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #9,118 in Finance & Insurance (9,261 peers)

Coverage in Colorado

Empower Retirement, LLC 401(k) Savings Plan covers 7,741 participants in Colorado, 21x the typical Colorado plan (state average ~376 per filing). Assets: $1.5B.

$1.5B
total plan assets (2022 EOY)
7,741
covered participants
99th
percentile by assets (of 139,126 plans)
$192,879
avg assets per participant

The plan reported a net loss of $65M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Empower Retirement, LLC 401(k) Savings Plan sits by total assets

Empower Retirement, LLC 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,493,076,350 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. Empower Retirement, LLC 401(k) Savings Plan reports 7,741 participants - 21x that state average ($1.5B EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.5B
Net Income-$65M
Employer EIN841233483
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Retirement, LLC)

$1B$1.5B$2B$2.5B 202220232024 $1.49B $2.23B ▲ +49.7%
Total plan assets by year, all Empower Retirement, LLC plans on file
Year Plans Participants Total Assets
2022 1 7,741 $1.5B
2023 1 10,036 $1.9B
2024 1 10,185 $2.2B

Nearby 401(k) Plans in Colorado

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Empower Retirement, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Empower Retirement, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. 0200004000060000 11.522.53 Total assets ($B) Participants Empower Retirement, …Davita Retirement Sa…Ball Corporation 401…Scl Health 401(k) Re…Woodward Retirement …Nutrien 401(k) Retir…
Empower Retirement, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Scale composition for Empower Retirement, LLC 401(k) Savings Plan

Empower Retirement, LLC 401(k) Savings Plan reports $1.5B in end-of-year assets across 7,741 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $192,879 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$65M.

This plan identity (EIN 841233483, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $2.2B (+49.6%) while covered participants moved from 7,741 to 10,185 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,741 $1.5B This page
2023 10,036 $1.9B Open filing
2024 · index core 10,185 $2.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Empower Retirement, LLC 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Empower Retirement, LLC 401(k) Savings Plan assets move in 2022?
Empower Retirement, LLC 401(k) Savings Plan edged down modestly - down 4.2% during 2022, from $1.6B to $1.5B. Reported net income was -$65M.
How have Empower Retirement, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Empower Retirement, LLC's sponsor-wide assets grew 49.6%, from $1.5B to $2.2B.
Where does Empower Retirement, LLC 401(k) Savings Plan rank by assets among Form 5500 filers?
Empower Retirement, LLC 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Empower Retirement, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Kimley-Horn and Associates, Inc. Retirement Savings and Pension Plan in NC ($1.5B, 5,267 participants).

Next read for Empower Retirement, LLC 401(k) Savings P…

Filing takeaways

Ways to act on Empower Retirement, LLC 401(k) Savings Plan's numbers.