You've come to the right place
You've come to the right place
You’re going to like it here.
The beginning of something great
The beginning of something great
We’re excited that your plan is coming to Empower and committed to making the transition as smooth as possible. Our goal is to simplify plan management while making it easier for your participants to achieve financial wellness and pursue the future they imagine. As this migration unfolds, you’ll notice there’s a lot to be excited about, too.
Participant communications
Participant communications
When logging in to their websites or calling a customer service representative, participants will see and hear messages about the acquisition. Participants will also have access to a site with more information about Empower and what they can look forward to.
Learn more
Learn more
Empower's Plan Service Center
App experience
Enhanced experience for your plan participants
What is a migration and how does it benefit your plan?
What is a migration and how does it benefit your plan?
In addition to upgraded technology, including enhanced website and app platforms, you can expect:
“Together, Empower and Prudential bring market-leading capabilities, talent and a commitment to our clients. We are excited about the opportunity to reach new customers and serve even more Americans on their journey toward creating a secure retirement.”
Ed Murphy
President and CEO, Empower
About Empower
About Empower
Retirement is our core business
We’re the second-largest retirement services provider in the United States,1 serving over 82,000 plans and 18 million customers.2 We’re focused on retirement, with expertise across all plan types, company sizes and market segments
Our History
Our History
A foundation dating to 1891
Our Culture
Our Culture
Diversity and Inclusion
Our Values
Our Values
We serve our customers
Our Leadership
Our Leadership
We collaborate
Award-winning education with measurable results
Award-winning education with measurable results
Delivering the right message to the right person at the right time.
PLANADVISOR best-rated 401(k) company by advisers
PLANSPONSOR Outstanding Service
85 Marcom Awards4
11 P&I Eddy Awards5
7 PCSA Signature Awards6
42 Hermes Awards7
Empower stats at a glance
Empower stats at a glance
$1.4 trillion+2
$1.4 trillion+2
Total assets under administration
82,000+2
82,000+2
Retirement plans under administration
18 million+2
18 million+2
Total plan participants
2nd Largest1
2nd Largest1
Retirement services company in the country
12,0003
12,0003
Total employees
40
40
Regional offices
Connect with an Empower representative today
Connect with an Empower representative today
Effective April 1, 2022, Empower acquired the retirement business of Prudential. Please click HERE for more information associated with the acquisition.
Empower Annuity Insurance Company financial strength – click here for more information
1 Pension & Investments Defined Contribution Survey Ranking as of April 2020.
2 As of June 30, 2023. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAICA) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EAIC), marketed under the Empower brand. EAICA’s consolidated total assets under administration (AUA) were $1,387.9B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. EAICA’s statutory assets total $73.98B and liabilities total $70.1B. ELAINY’s statutory assets total $7.2B and liabilities total $6.9B. EAIC’s statutory assets total $90.1B and liabilities total $88.8B.
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.
3 Total employees for U.S. and India locations as of January 4, 2022.
4 2022 MarCom Awards
5 2022 Pension & Investments Eddy Awards
6 2022 Plan Sponsor Council of America (PSCA) Awards
7 2022 Hermes Creative Awards
FOR PLAN SPONSOR & ADVISOR USE ONLY.
The Empower Institute is a research group within Empower Retirement, LLC.
Securities, when presented, are offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser, Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.