401(k) · DOL Form 5500 · 2022

Empower Hr, LLC 401(k) Plan

Data updated 2026-08-11

$137M
Total assets
9,674
Participants
94th
Percentile by assets
$14,138
Avg per participant
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Official DOL plan name: Empower Hr Retirement Savings Plan · Sponsored by Empower Hr, LLC · Michigan · Administrative & Support Services

$137M in assets, 9,674 participants

Empower Hr, LLC's Empower Hr Retirement Savings Plan reported $137M in total assets and 9,674 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #4,794 in Administrative & Support Services (4,927 peers)

Coverage in Michigan

Empower Hr Retirement Savings Plan covers 9,674 participants in Michigan, 15x the typical Michigan plan (state average ~638 per filing). Assets: $137M.

$137M
total plan assets (2022 EOY)
9,674
covered participants
94th
percentile by assets (of 139,126 plans)
$14,138
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Empower Hr Retirement Savings Plan sits by total assets

Empower Hr Retirement Savings Plan vs every filed plan by assets

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

$136,773,887 Top 6% higher than 94% 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

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Empower Hr Retirement Savings Plan reports 9,674 participants - 15x that state average ($137M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$137M
Net Income-$12M
Employer EIN391962784
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Hr, LLC)

$100M$120M$140M$160M$180M 202220232024 $137M $115M ▼ -16.1%
Total plan assets by year, all Empower Hr, LLC plans on file
Year Plans Participants Total Assets
2022 1 9,674 $137M
2023 1 9,998 $157M
2024 1 8,930 $115M

Nearby 401(k) Plans in Michigan

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

Empower Hr Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Empower Hr Retiremen…, Total assets ($B): 0.136773887 · Participants: 9674Empower Hr Retiremen…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Empower Hr Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Empower Hr Retirement Savings Plan

Empower Hr Retirement Savings Plan reports $137M in end-of-year assets across 9,674 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $14,138 per participant (10% of the national average assets-per-participant) . Net income for plan year 2022 was -$12M.

This plan identity (EIN 391962784, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $137M to $115M (-16.1%) while covered participants moved from 9,674 to 8,930 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,674 $137M This page
2023 9,998 $157M Open filing
2024 · index core 8,930 $115M 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 Hr Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Empower Hr Retirement Savings Plan assets move in 2022?
Empower Hr Retirement Savings Plan declined sharply - down 18.1% during 2022, from $167M to $137M. Reported net income was -$12M.
How have Empower Hr, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Empower Hr, LLC's sponsor-wide assets declined 16.1%, from $137M to $115M.
Where does Empower Hr Retirement Savings Plan rank by assets among Form 5500 filers?
Empower Hr Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Empower Hr Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Clark Associates, Inc. Multiple Employer 401(k) Plan in PA ($137M, 5,122 participants).

Filing takeaways

Ways to act on Empower Hr Retirement Savings Plan's numbers.