Money Purchase · DOL Form 5500 · 2024
Empower Financials, Inc. Money Purchase Plan
Data updated 2026-08-25
- $654K
- Total assets Small plan by assets
- 3
- Participants Small participant base
- 20th
- Percentile by assets National rank
- $217,967
- Avg per participant Above avg balance/head
Official DOL plan name: Software Plus Money Purchase · Sponsored by Empower Financials, Inc. · Michigan · Professional & Technical Services
$654K in assets, 3 participants
Empower Financials, Inc.'s Software Plus Money Purchase reported $654K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.
- #3,050 in Professional & Technical Services (20,173 peers)
Empower Financials, Inc. multi-year trail
Empower Financials, Inc.'s plans moved +15.5% in assets from 2022 to 2024; this filing shows Software Plus Money Purchase at $654K / 3 participants.
- #3,050
- in Professional & Technical Services (20,173 peers)
- +4.2%
- assets growth YoY
Software Plus Money Purchase among the smaller filed plans by assets
Software Plus Money Purchase vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$653,902 20th percentile higher than 20% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Software Plus Money Purchase among micro filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Software Plus Money Purchase is a micro filing (3 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Software Plus Money Purchase reported net income fell from $48K in the plan year 2023 filing to $26K in the plan year 2024 filing.
- Software Plus Money Purchase end-of-year assets rose from $628K in the plan year 2023 filing to $654K in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 382473545 · Empower Financials, Inc. PY 2024 · Money Purchase
Software Plus Money Purchase · $654K · 3 · 20th
- SCH $654K
- SCH 3
- SCH 20th
- SCH Money Purchase
- SCH near Anc Sales, L.L.C. Money Purchase Pension Plan
- SCH ind #3050
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Michigan →
Software Plus Money Purchase in the asset neighbourhood
Empower Financials, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Empower Financials, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 15.484615506818683% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6 | $3M |
| 2023 | 2 | 6 | $3M |
| 2024 | 2 | 6 | $3M |
Empower Financials, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $628K |
|---|---|
| Net Assets (End of Year) | $654K |
| Net Income | $26K |
| Employer EIN | 382473545 |
| Plan Effective Date | 1999-12-16 |
| Filing Status | FILING RECEIVED |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.6B · 35,197
- Michigan Regional Council of Carpenters' Annuity Fund $531M · 17,855
- P & M Holding Group, LLP & Affiliated Entities Pension Plan $250M · 1,182
- Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
- Michigan Laborers' Annuity Fund $129M · 4,355
Software Plus Money Purchase's out-of-state Money Purchase peers by assets and headcount
Outside Michigan, the nearest Money Purchase by assets is Anc Sales, L.L.C. Money Purchase Pension Plan in IL ($654K); by covered participants it is Ansonics Profit Sharing Plan in OR (3 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($654K here).
- Anc Sales, L.L.C. Money Purchase Pension Plan (IL) $654K · 5
- Mgt Company-Profit Sharing Plan (MN) $651K · 1
- Palumbo Fuel Inc Profit Sharing Plan (NJ) $649K · 2
- Pro Coatings Treatments Inc. Retirement Plan (PR) $660K · 11
Similar participant headcount
Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.