Empower Retirement, a business unit of Great-West Life & Annuity Insurance Company,* is experienced in multiple retirement plan market segments. We provide expertise in 401(k), 403(b), 457, 401(a) and other plan type services to thousands of plan sponsors across the United States.
| Code | Number of Plans | Total Participant Accounts | Assets (in Millions) |
|---|---|---|---|
| 401(k) | 18,680 | 2,065,747 | 74,847.9 |
| 403(b) | 3,377 | 550,802 | 14,546.6 |
| 457 | 943 | 1,303,143 | 49,822.0 |
| 401(a) | 855 | 443,475 | 10,847.5 |
| Other | 954 | 100,136 | 3,291.0 |
| Total | 24,809 | 4,463,303 | 153,355.1 |
The quality of service you receive isn't dependant on the size of your plan. We have a diverse customer base and partner successfully with plans of all sizes.
| Size of Plan (Participants) | Total Number of Participant Accounts | Percentage of Total Participant Accounts |
|---|---|---|
| Less than 100 | 525,773 | 12% |
| 100 to 1,000 | 1,053,502 | 24% |
| 1,001 to 10,000 | 1,029,268 | 23% |
| 10,001 to 25,000 | 392,568 | 9% |
| 25,001 to 50,000 | 550,185 | 12% |
| 50,001 or more | 912,007 | 20% |
| Total | 4,463,303 | 100% |
All figures are as of March 31, 2011.
*Empower Retirement refers to products and services provided by Great-West Life & Annuity Insurance Company, it's wholly owned subsidiary FASCore, LLC, and other subsidiaries. Recordkeeping numbers reflect all FASCore customers: those of institutional clients, third-party administrator clients, and Empower Retirement.