401(k) · DOL Form 5500 · 2024

Empower Retirement, LLC 401(k) Plan

Data updated 2026-08-25

$2.2B
Total assets Very large vs avg
10,185
Participants Very large workforce
99th
Percentile by assets National rank
$219,360
Avg per participant Above avg balance/head
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Official DOL plan name: Empower Retirement, LLC 401(k) Savings Plan · Sponsored by Empower Retirement, LLC · Colorado · Finance & Insurance

$2.2B in assets, 10,185 participants

Empower Retirement, LLC's Empower Retirement, LLC 401(k) Savings Plan reported $2.2B in total assets and 10,185 participants in its 2024 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.

  • #8,425 in Finance & Insurance (8,549 peers)

Coverage in Colorado

Empower Retirement, LLC 401(k) Savings Plan covers 10,185 participants in Colorado, 27x the typical Colorado plan (state average ~376 per filing). Assets: $2.2B.

#8,425
in Finance & Insurance (8,549 peers)
+20.6%
assets growth YoY
22×
vs typical plan assets (national mean)

Empower Retirement, LLC 401(k) Savings Plan's outsized position by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,234,179,481 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,050,000,000 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 2024

Empower Retirement, LLC 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Empower Retirement, LLC 401(k) Savings Plan is a mega filing (10,185 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Empower Retirement, LLC 401(k) Savings Plan end-of-year assets rose from $1.9B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
  • Empower Retirement, LLC 401(k) Savings Plan reported net income fell from $359M in the plan year 2023 filing to $346M in the plan year 2024 filing.
  • Empower Retirement, LLC 401(k) Savings Plan reported participants rose from 10,036 in the plan year 2023 filing to 10,185 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 841233483 · Empower Retirement, LLC PY 2024 · 401(k)

Empower Retirement, LLC 401(k) Savings Plan · $2.2B · 10,185 · 99th

  • EOY $2.2B
  • EOY 10,185
  • EOY 99th
  • EOY 401(k)
  • EOY near Park Nicollet Health Services 401(k) Retirement Savings Plan
  • EOY ind #8425

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 Finance & Insurance retirement plans → · Plans in Colorado →

Empower Retirement, LLC 401(k) Savings Plan in the asset neighbourhood

The Mgm Resorts 401(k) Savings PlanThe Mgm Resorts 401(k) Savin…$2.2BNetapp, Inc. Employees' 401(k) Savings PlanNetapp, Inc. Employees' 401(…$2.2BEmpower Retirement, LLC 401(k) Savings PlanEmpower Retirement, LLC 401(…$2.2BPark Nicollet Health Services 401(k) Retirement Savings PlanPark Nicollet Health Service…$2.2BRock Holdings & Associated Companies Savings PlanRock Holdings & Associated C…$2.2B
End-of-year total assets ($B) among Empower Retirement, LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Colorado filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.2B
Net Income$346M
Employer EIN841233483
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Retirement, LLC)

Sponsor-wide plan assets over time

All Empower Retirement, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 49.63598351819048% vs 2022
2024 filing year
$1B$1.5B$2B$2.5B 202220232024 $1.49B $2.23B ▲ +49.7%
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 Scatter plot of 6 data points. 020000400006000080000 1.522.533.54 Total assets ($B) Participants Empower Retirement, LLC 401(k) Savings Plan, Total assets ($B): 2.234179481 · Participants: 10185Empower Retirement, LLC 401(k) Savings PlanDavita Retirement Savings Plan, Total assets ($B): 3.81412558 · Participants: 57900Davita Retirement Savings PlanBall Corporation 401(k) and Employee Stock Ownership Plan, Total assets ($B): 2.319532435 · Participants: 9935Ball Corporation 401(k) and Employee Stock Ownership PlanArcadis U.S., Inc. Retirement Savings Plan, Total assets ($B): 2.259964434 · Participants: 7607Arcadis U.S., Inc. Retirement Savings PlanWoodward Retirement Savings Plan, Total assets ($B): 1.965265264 · Participants: 6210Woodward Retirement Savings PlanNutrien 401(k) Retirement Plan, Total assets ($B): 1.96042624 · Participants: 12388Nutrien 401(k) Retirement Plan
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 $2.2B in end-of-year assets across 10,185 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $219,360 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2024 was $346M.

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 Open filing
2023 10,036 $1.9B Open filing
2024 · index core 10,185 $2.2B This page

Empower Retirement, LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Colorado, the nearest 401(k) by assets is Park Nicollet Health Services 401(k) Retirement Savings Plan in MN ($2.2B); by covered participants it is Uc Health 401(k) Retirement Savings Plan in OH (10,186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10,185 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.

Frequently Asked Questions

How did Empower Retirement, LLC 401(k) Savings Plan assets move in 2024?
Empower Retirement, LLC 401(k) Savings Plan grew sharply - up 20.6% during 2024, from $1.9B to $2.2B. Reported net income was $346M.
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 123,622 plans that reported assets for plan year 2024 (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 Park Nicollet Health Services 401(k) Retirement Savings Plan in MN ($2.2B, 8,360 participants).
Which 401(k) plans cover a similar participant headcount to Empower Retirement, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Uc Health 401(k) Retirement Savings Plan in OH (10,186 participants, $758M in assets).