About Us
Trusted by more than 17 million individuals and over 70,000 organizations1 to administer $1.2 trillion in assets.1
Who we are
Built on a foundation of trust, integrity and promise, we proudly serve over 70,000 outstanding organizations and more than 17 million individuals.1 We take great pride in helping people with saving, investing and advice, while providing them with the tools and resources they need to help reach their financial goals. We’re continuing to grow — and innovate — every day.
Our sole focus is on helping Americans achieve the future they imagine. That mission starts by delivering advice, personalized guidance and critical support. We strive to meet the unique needs of everyone we serve and embrace the opportunity to inspire them along their journey.
What we do
We offer industry-leading solutions to help people manage their money for today while saving more for their tomorrow.
We are empowering people by helping them gain financial confidence through personalized advice
We are empowering employers by working together and living our values to make their job easier
We are empowering our partners by creating a shared vision of success and opportunity
Our Vision
To transform financial lives through advice, people and technology
Our Mission
To empower financial freedom for all
“Our top priority as a leader in the financial services arena is to keep evolving and improving the savings and investment experience for our customers. As their needs, careers and lives change, we’re committed to being with them every step of the way — and exceeding their expectations.”
Empower Quick Facts
$1.2 T+
assets under administration1
69,000+
retirement plans under administration1
17 million+
participants in our plans1
2nd
largest retirement services company in the country2
$284.3 B+
assets under management3
41
best-in-class awards4
16
service commendations
No. 1
choice of industry professionals4
Personal Capital Quick Facts5
$22.4 B
Assets under management
3.2 million+
platform users
450+
employees
1 As of September 30, 2022. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAIC) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EIC), marketed under the Empower brand. EAIC’s consolidated total assets under administration (AUA) were $1,240.5B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. As of September 30, 2022, EAIC’s statutory assets total $76.1B and liabilities total $73.0B. ELAINY’s statutory assets total $7.0B and liabilities total $6.7B. EIC’s statutory assets total $80.7B and liabilities total $79.6B.
On August 1, 2022, Empower announced that it is changing the names of various companies within its corporate group to align the names with the Empower brand. For more information regarding the name changes, please visit empower.com/name-change.
2 Pension & Investments Defined Contribution Survey Ranking as of April 2020.
3 As of June 30, 2022. AUM represents the assets of Empower Investments, Empower Advisory Group and Personal Capital.
4 PLANSPONSOR 2021 Defined Contribution Survey, January 2022.
5 As of February 28, 2022.
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