401(k) · DOL Form 5500 · 2023

Empower Ai 401(k) Plan

Data updated 2026-08-11

$159M
Total assets
915
Participants
94th
Percentile by assets
$174,009
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Empower Ai 401(k) Profit Sharing Plan · Sponsored by Empower Ai · Virginia · Professional & Technical Services

$159M in assets, 915 participants

Empower Ai's Empower Ai 401(k) Profit Sharing Plan reported $159M in total assets and 915 participants in its 2023 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 127,072 plans)
  • #19,311 in Professional & Technical Services (20,321 peers)

Where Empower Ai 401(k) Profit Sharing Plan sits by assets

Empower Ai 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $159M for 915 participants (~$174,009/participant), up 12.7% in 2023.

$159M
total plan assets (2023 EOY)
915
covered participants
94th
percentile by assets (of 127,072 plans)
$174,009
avg assets per participant

Where Empower Ai 401(k) Profit Sharing Plan sits by total assets

Empower Ai 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$159,217,890 Top 6% higher than 94% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Empower Ai 401(k) Profit Sharing Plan reported net income rose from -$36M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Empower Ai 401(k) Profit Sharing Plan end-of-year assets rose from $141M in the plan year 2022 filing to $159M in the plan year 2023 filing.
  • Empower Ai 401(k) Profit Sharing Plan reported participants fell from 979 in the plan year 2022 filing to 915 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Empower Ai 401(k) Profit Sharing Plan vs the 2023 asset distribution

By assets, Empower Ai 401(k) Profit Sharing Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$141M
Net Assets (End of Year)$159M
Net Income$18M
Employer EIN541522509
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Ai)

$130M$140M$150M$160M$170M$180M 202220232024 $141M $170M ▲ +20.1%
Total plan assets by year, all Empower Ai plans on file
Year Plans Participants Total Assets
2022 1 979 $141M
2023 1 915 $159M
2024 1 866 $170M

Nearby 401(k) Plans in Virginia

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

Empower Ai 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Empower Ai 401(k) Pr…, Total assets ($B): 0.15921789 · Participants: 915Empower Ai 401(k) Pr…Northrop Grumman Sav…, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employee…
Empower Ai 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Empower Ai 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Empower Ai 401(k) Profit Sharing Plan assets move in 2023?
Empower Ai 401(k) Profit Sharing Plan grew at a solid clip - up 12.7% during 2023, from $141M to $159M. Reported net income was $18M.
How have Empower Ai plan assets changed over time?
Across 3 plan years on file (2022-2024), Empower Ai's sponsor-wide assets grew 20.1%, from $141M to $170M.
Where does Empower Ai 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Empower Ai 401(k) Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Empower Ai 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sig Sauer, Inc. 401(k) Plan in NH ($159M, 2,771 participants).

Scale reading

Ways to act on Empower Ai 401(k) Profit Sharing Plan's numbers.