Empower
Empowering Financial Freedom for All.
Overview
Empower is the second-largest retirement services provider in the United States, offering a comprehensive suite of retirement plan solutions. They cater to a wide range of clients, from small businesses to large corporations and government entities. Empower focuses on providing personalized experiences, innovative technology, and a broad array of investment options to help individuals and organizations achieve their financial goals.
✨ Key Features
- Defined contribution and defined benefit plan administration
- 401(k), 403(b), and 457 plan services
- Nonqualified deferred compensation plans
- Pooled Employer Plans (PEPs) and Multiple Employer Plans (MEPs)
- Fiduciary services
- Participant education and financial wellness tools
- Plan design and compliance services
- Payroll integration
🎯 Key Differentiators
- Large scale and market presence as the second-largest provider.
- Focus on a personalized participant experience.
- Proprietary recordkeeping technology.
Unique Value: Empower aims to simplify retirement planning and administration through a combination of advanced technology, personalized participant experiences, and a comprehensive range of plan options.
🎯 Use Cases (4)
🏆 Alternatives
Empower's scale allows it to serve a wide range of plan sizes and types, and its focus on technology and the participant journey differentiates it from more traditional providers.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Available tier)
🔒 Compliance & Security
💰 Pricing
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