Empower Retirement

Firm Profile

Empower Retirement provides retirement savings products and services for public, corporate, and non-profit employers. Empower offers solutions in plan design, enrollment services, communication materials, and investment options to help plan sponsors improve participation.

KEY CONTACTS
Service: Jim Millson, (303) 797-1594,
Jim.Millson@empower-retirement.com

Sales: Joseph Smolen, (303) 737-1553,
Joseph.Smolen@empower-retirement.com

WEBSITE www.Empower-Retirement.com

PRIMARY MARKET(S) SERVED
Micro (<$1 million), Small ($1-$10 million), Mid ($10-$100 million), Large ($100-$250 million), Mega (>$250 million), Government and Non for Profit.

# OF PLANS/PARTICIPANTS SERVED BY TYPE
As of 06/30/16
401(k): 28,297/4,732,480
403(b): 3,572/517,336
457: 1,278/1,514,365
NQDC: 290/76,293
Defined benefit: 66/5,379
Other: 2,393/1,173,213

ASSET ALLOCATION FUNDS
As of September 30, 2016, there are approximately 3,000 asset allocation funds across all share classes, including 143 proprietary options.

PLANS BY CHANNEL (Direct/Advisor): 0/100
Our recordkeeping system, the Empower Administrative System, is an internally developed multi-tier application that provides flexibility for Plan Sponsors of any size.

ADVISOR SUPPORT SERVICES
External wholesalers focused on advisors: 68
External wholesalers focused on institutional: 3
Internal wholesalers focused on advisors: 56
Internal wholesalers focused on institutional: 3

Compliance support, plan benchmarking, target-date evaluation tools, training for DC plan sales/service, investment committee meetings.

Through the Advisor Website, intermediaries have inquiry access to oversee all of their plans serviced by Empower. The website provides advisors with drill down capabilities and reporting features, in one location – through a single login.

PARTICIPANT SUPPORT SERVICES

Retirement income estimates/projections, In-plan lifetime income options,Rollover services, Call center support, Facebook page, Smartphone access to participant balances, Smartphone transaction access for participants.

Simple enroll, Multifactor authentication, the Empower Participant Experience with features including Health cost estimator, Social comparison functionality, Wellness and Financial Center, and other social media channels including Twitter, YouTube, LinkedIn, and Instagram.

PLAN SPONSOR SUPPORT SERVICES

Compliance testing, Document services, Employer stock, Trustee services, Self-directed brokerage account (SDBA) services, Nonqualified (NQ) plan services, and Website capabilities including Lifetime Income ScoreSM, Data visualization, To-do list, Notifications, Fiduciary Vault, Investment Performance and Information, File sharing, On demand reporting and testing, and Payroll monitoring