401(k)
2024 plan-year 401(k) DOL Form 5500

Empower Ai 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Empower Ai · Virginia · Professional & Technical Services

What the 2023 filing shows

Empower Ai 401(k) Profit Sharing Plan holds $170M for 866 participants — about $195,906 per participant, up 6.6% over the 2024 plan year.

$170M
total plan assets (2024 EOY)
866
covered participants
$195,906
avg assets per participant
+6.6%
assets growth YoY
Total Assets (2023)
$170M
Participants
866
State
Industry
Professional & Technical Services

What the Filing Says About Empower Ai 401(k) Profit Sharing Plan

Empower Ai 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Empower Ai, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $170M in total end-of-year assets and covers 866 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 541522509, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $159M at the beginning of 2024 to $170M at year-end — a gain of 6.6%. Net assets (after liabilities) closed the year at $170M, with reported net income of $10M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$159M
Total Assets (End of Year)$170M
Net Assets (End of Year)$170M
Net Income$10M
Plan Type401(k)
Employer EIN541522509
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Empower Ai)

Year Plans Participants Total Assets
2022 1 979 $141M
2023 1 915 $159M
2024 1 866 $170M

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Frequently Asked Questions

How much money is in the Empower Ai 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Empower Ai 401(k) Profit Sharing Plan holds $170M in total assets with 866 participants. It is sponsored by Empower Ai.
What type of plan is Empower Ai 401(k) Profit Sharing Plan?
Empower Ai 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 541522509.
Who sponsors the Empower Ai 401(k) Profit Sharing Plan?
Empower Ai 401(k) Profit Sharing Plan is sponsored by Empower Ai, located in Virginia. The sponsor's EIN is 541522509 and the plan operates in the Professional & Technical Services industry.
How did Empower Ai 401(k) Profit Sharing Plan perform in 2024?
Empower Ai 401(k) Profit Sharing Plan grew by 6.6% during 2024, moving from $159M to $170M in total assets. Net income was $10M.
Where can I find official filings for Empower Ai 401(k) Profit Sharing Plan?
Official Form 5500 filings for Empower Ai 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541522509 or plan name at efast.dol.gov.
How does Empower Ai 401(k) Profit Sharing Plan compare to other plans?
You can compare Empower Ai 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 541522509.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.