Not-for-Profit
At Empower, we proudly support over 18,0001 not-for-profit plans.
As a leading provider in the not-for-profit market, we bring more than 60 years of experience to you. We offer several compelling differences to plans in your market, including:
A dedicated not-for-profit team of professionals.
Expertise across 403(b), 401(a), 457, 401(k) and defined benefit plan types.
Customized communications designed with a focus on your brand.
On-site educational resources.
Healthcare
Healthcare professionals help us live healthier, longer lives. We strongly believe that those dedicated to the health and wellness of others deserve a rewarding retirement. At Empower, we proudly support more than 16,000 hospitals, medical centers, physician groups, and other health and wellness organizations.2
Our expertise in this market makes us uniquely qualified to meet the challenges specific to your organization’s needs. We offer:
Vast experience in managing organic growth, as well as growth through acquisitions, within the healthcare industry.
On-site education targeted to specific populations to account for nuances associated with a variety of hospital and wellness organizations.
Expertise in benchmark studies across our existing healthcare book of business.
“I have been through four conversions in my career, and the ‘Empower’ conversion was by far the smoothest and most efficient.”3
We are the recordkeeper for more than 16,000 healthcare plans representing nearly 2.5 million plan participants2
Let us show you how we can assist you with your healthcare retirement plan needs
Faith-based
At Empower, we proudly support more than 600 churches and religion-affiliated organizations.4
Our expertise in this market makes us uniquely qualified to meet the challenges specific to your organization’s needs.
Expertise in handling qualified church-controlled organizations (QCCO) and nonqualified church-controlled organizations (non-QCCO)
Support for both ERISA and non-ERISA plan designs
Proven aggregation services across legacy providers
We helped the Mennonite Church modernize its 403(b) retirement trust, making it a more attractive offering as new pastors and related church organizations join the trust
We are the recordkeeper for more than 600 faith-based plans representing over 166,000 plan participants4
Let us show you how we can assist you with your faith-based retirement plan needs
Education
Educators drive the future of our country. At Empower, we are committed to helping improve the retirement outcomes of those who educate today’s learners. That’s why we support over 1,700 colleges, universities and K-12 organizations.5 Our expertise in this area makes us uniquely qualified to meet the challenges specific to your organization’s needs.
Expertise across 403(b), 401(a), 401(k), 457, non-qualified and defined benefit plan types
Proven aggregation and common remitter services
Simplified remittance from multiple vendors to a single solution with aggregation and insight into key participants
Master administration capabilities
“It has been awesome to work with Katrina, my retirement education counselor! Thanks for all the info you gave me when I was considering making the decision.”3
We are the recordkeeper for over 1,700 education plans, including over 400 colleges and universities5
Let us show you how we can assist you with your educational retirement plan needs
The status quo is not an option
For most higher education institutions, the status quo isn’t a viable path forward, and action is needed.
1 Empower data as of July 31, 2021. Information refers to all insurance and retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries.
2 Empower data as of July 31, 2021. Information refers to all insurance and retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries.
3 The testimonial(s) reproduced in this material were obtained in response to questions posed by Empower Retirement concerning the value of our products or services. The testimonial may not be representative of the experience of other individuals and is not a guarantee of future performance or success.
4 Empower data as of July 31, 2021. Information refers to all participants in faith-based plans administered by Empower Retirement.
5 Empower data as of July 31, 2021. Information refers to all insurance and retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries.
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