401(k) · DOL Form 5500 · 2024

Empower Electric, LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
150
Participants Small participant base
43rd
Percentile by assets National rank
$34,577
Avg per participant Low balance/head
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Official DOL plan name: Empower Electric LLC 401(k) Plan · Sponsored by Empower Electric, LLC · Tennessee · Construction

$5M in assets, 150 participants

Empower Electric, LLC's Empower Electric LLC 401(k) Plan reported $5M in total assets and 150 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #3,721 in Construction (9,039 peers)

Coverage in Tennessee

Empower Electric LLC 401(k) Plan covers 150 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $5M.

#3,721
in Construction (9,039 peers)
+17.4%
assets growth YoY

Empower Electric LLC 401(k) Plan's mid-pack asset rank among Construction and all filers

Empower Electric LLC 401(k) Plan vs every filed plan by assets

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

$5,186,544 43rd percentile higher than 43% 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 Electric LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Empower Electric LLC 401(k) Plan sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Empower Electric LLC 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Empower Electric LLC 401(k) Plan reported net income rose from $702K in the plan year 2023 filing to $767K in the plan year 2024 filing.
  • Empower Electric LLC 401(k) Plan reported participants rose from 147 in the plan year 2023 filing to 150 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 621875782 · Empower Electric, LLC PY 2024 · 401(k)

Empower Electric LLC 401(k) Plan · $5M · 150 · 43rd

  • BOY $5M
  • BOY 150
  • BOY 43rd
  • BOY 401(k)
  • BOY near Acuitycfo 401(k) Plan
  • BOY ind #3721

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 Construction retirement plans → · Plans in Tennessee →

Empower Electric LLC 401(k) Plan in the asset neighbourhood

Empower Electric LLC 401(k) PlanEmpower Electric LLC 401(k) …$5MAcuitycfo 401(k) Plan$5MRamey-Estep Homes, Inc. 401(k) Retirement Savings PlanRamey-Estep Homes, Inc. 401(…$5MBainswest Group 401(k) and Profit Sharing PlanBainswest Group 401(k) and P…$5MVictor P. Debianchi, Jr., P.a. 401(k) PlanVictor P. Debianchi, Jr., P.…$5M
End-of-year total assets ($M) among Empower Electric LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$767K
Employer EIN621875782
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Electric, LLC)

Sponsor-wide plan assets over time

All Empower Electric, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$5M 39.51244626603949% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.72M $5.19M ▲ +39.5%
Year Plans Participants Total Assets
2022 1 216 $4M
2023 1 147 $4M
2024 1 150 $5M

Nearby 401(k) Plans in Tennessee

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

Empower Electric LLC 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Empower Electric LLC 401(k) Plan, Total assets ($B): 0.005186544 · Participants: 150Empower Electric LLC 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Empower Electric LLC 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

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

Outside Tennessee, the nearest 401(k) by assets is Acuitycfo 401(k) Plan in GA ($5M); by covered participants it is The Custom Companies Retirement Savings Plan in IL (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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 Electric LLC 401(k) Plan assets move in 2024?
Empower Electric LLC 401(k) Plan grew sharply - up 17.4% during 2024, from $4M to $5M. Reported net income was $767K.
How have Empower Electric, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Empower Electric, LLC's sponsor-wide assets grew 39.5%, from $4M to $5M.
Which 401(k) plans are similar in size to Empower Electric LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Acuitycfo 401(k) Plan in GA ($5M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Empower Electric LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Custom Companies Retirement Savings Plan in IL (150 participants, $15M in assets).