401(k) · DOL Form 5500 · 2024

Empower Hr, LLC 401(k) Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
8,930
Participants Very large workforce
91st
Percentile by assets National rank
$12,852
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Empower Hr Retirement Savings Plan · Sponsored by Empower Hr, LLC · Arizona · Administrative & Support Services

$115M in assets, 8,930 participants

Empower Hr, LLC's Empower Hr Retirement Savings Plan reported $115M in total assets and 8,930 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #4,186 in Administrative & Support Services (4,368 peers)

Coverage in Arizona

Empower Hr Retirement Savings Plan covers 8,930 participants in Arizona, 16x the typical Arizona plan (state average ~564 per filing). Assets: $115M.

#4,186
in Administrative & Support Services (4,368 peers)
-27.1%
assets change YoY
1.2×
vs typical plan assets (national mean)

Empower Hr Retirement Savings Plan's outsized position by total assets

Empower Hr Retirement Savings Plan vs every filed plan by assets

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

$114,765,592 Top 9% higher than 91% 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 Hr Retirement Savings Plan's large-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 Hr Retirement Savings Plan lands in the large band (8,930 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Empower Hr Retirement Savings Plan reported net income fell from $33M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Empower Hr Retirement Savings Plan end-of-year assets fell from $157M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • Empower Hr Retirement Savings Plan reported participants fell from 9,998 in the plan year 2023 filing to 8,930 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 391962784 · Empower Hr, LLC PY 2024 · 401(k)

Empower Hr Retirement Savings Plan · $115M · 8,930 · 91st

  • SCH $115M
  • EBSA 8,930
  • PART 91st
  • TYPE 401(k)
  • NET near Deluxe 401(k) Plan
  • BOOK ind #4186

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 Administrative & Support Services retirement plans → · Plans in Arizona →

Empower Hr Retirement Savings Plan in the asset neighbourhood

Freshfields US LLP 401(k) Savings PlanFreshfields US LLP 401(k) Sa…$115MEmpower Hr Retirement Savings PlanEmpower Hr Retirement Saving…$115MModernizing Medicine, Inc. 401(k) PlanModernizing Medicine, Inc. 4…$115MClearwater Analytics 401(k) PlanClearwater Analytics 401(k) …$115MDeluxe 401(k) Plan$115M
End-of-year total assets ($M) among Empower Hr Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$157M
Net Assets (End of Year)$114M
Net Income$16M
Employer EIN391962784
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Hr, LLC)

Sponsor-wide plan assets over time

All Empower Hr, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$115M 16.09100646529114% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $137M $115M ▼ -16.1%
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 Arizona

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

Empower Hr Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -202468 Total assets ($B) Participants Empower Hr Retirement Savings Plan, Total assets ($B): 0.114765592 · Participants: 8930Empower Hr Retirement Savings PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 401(k) Plan
Empower Hr Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Scale composition for Empower Hr Retirement Savings Plan

Empower Hr Retirement Savings Plan reports $115M in end-of-year assets across 8,930 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 $12,852 per participant (9% of the national average assets-per-participant) . Net income for plan year 2024 was $16M.

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 Open filing
2023 9,998 $157M Open filing
2024 · index core 8,930 $115M This page

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

Outside Arizona, the nearest 401(k) by assets is Deluxe 401(k) Plan in CA ($115M); by covered participants it is Xcel Energy 401(k) Savings Plan in MN (8,941 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($115M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,930 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 Hr Retirement Savings Plan assets move in 2024? ▼
Empower Hr Retirement Savings Plan declined sharply - down 27.1% during 2024, from $157M to $115M. Reported net income was $16M.
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 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Deluxe 401(k) Plan in CA ($115M, 1,114 participants).
Which 401(k) plans cover a similar participant headcount to Empower Hr Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Xcel Energy 401(k) Savings Plan in MN (8,941 participants, $3.1B in assets).