Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. It is the second-largest retirement plan provider in the United States. WebJan 6, 2024 · Empower will acquire the heritage SunTrust 401 (k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets. Empower was ranked No. 2 by total 401 (k) assets in PLANSPONSOR’s 2024 Recordkeeping Survey. Empower also has a long-standing …
Empower Retirement to acquire retirement plan business of ... - MassMutual
WebApr 11, 2024 · Empower was the second-largest record-keeper with more than $1 trillion of record-keeping assets, while Prudential had $283 billion. In 2016, Fidelity had $1.6 trillion of record-keeping assets ... WebOct 22, 2024 · Empower, Greenwood Village, Colo., was created in 2014 by combining the record-keeping businesses of Putnam Investments and Great-West Financial, and the acquisition of the large plan DC business ... fishunt.wa.gov
PERSI CHOICE 401(k) PLAN FEE CHANGES
WebEmpower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. It is the second-largest retirement plan provider in the United States. ... Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting … WebWe have examined Empower Retirement, LLC, a wholly-owned subsidiary of Great-West Life & Annuity Insurance Company, providing services to institutional partners under the … WebJul 15, 2024 · He confirms that a plan amendment is required, though points out that the act gives recordkeepers and plan sponsors until December 31, 2024, to add it. “Some recordkeepers have used negative election and provided an extremely narrow window to make the necessary modifications for the CRD provisions,” says Paul Neuner, managing … fish unwell