Faith-based

Empower serves more than 500 churches and religion-affiliated organizations¹

Our experience in this market allows us to meet the challenges specific to your organization's needs.

Not-for-profit-overview

We offer:

Expertise in handling qualified church-controlled (QCCO) and nonqualified church-controlled organizations (non-QCCO).

Support for both ERISA and non-ERISA plan designs.

Proven aggregation services across legacy providers.

A dedicated faith-based service team.

We partnered with the Diocese of Nashville to increase participation and savings rates

Strategy

Re-enroll anyone not currently saving at 3%.
Add an auto increase feature to existing auto-enroll process to boost savings rates by 1% annually (up to 10%).
Roll out new plan sponsor-directed increase of 1% each year for those saving under 10%.

Results^2,3

Increased plan participation from 88% to 93%.
Raised the average savings rate from 8% to 8.6%.
Systematically helping 731 participants save more toward their retirement goals.

We are the recordkeeper for more than 500 faith-based churches and religion-affiliated organizations¹

Contact Empower to learn how we can help your employees

1 Empower data as of April 1, 2022. Information refers to all participants in faith-based plans administered by Empower.

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Faith-based

Empower serves more than 500 churches and religion-affiliated organizations1

We offer:

We partnered with the Diocese of Nashville to increase participation and savings rates

We are the recordkeeper for more than 500 faith-based churches and religion-affiliated organizations1

Empower serves more than 500 churches and religion-affiliated organizations¹

We are the recordkeeper for more than 500 faith-based churches and religion-affiliated organizations¹