Empower Ai 401(k) Review & Grade
Empower Ai 401(k) Profit Sharing Plan
Reston, VAProfessional, Scientific & Technical Services834 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,512Employer $ per active participant
$8,864Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$169.7MNet plan assets, end of year
$87,813Average balance per account
Score breakdown
- Employer generosity20.8 / 5042th percentile for employer $ per participant
- Low cost13.6 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 54th |
| Employee saving | 48th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Empower Ai put in about $2,512 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,094,616 |
| Participant (employee) contributions | $7,392,277 |
| Other contributions (incl. rollovers in) | $1,017,868 |
| Administrative expenses paid from the plan | $327,828 |
| Investment advisory & management fees | $204,698 |
| Benefits paid out | $22,070,995 |
| Net assets, start / end of year | $159.2M / $169.7M |
| Active participants, start / end of year | 866 / 802 |
| Participants with account balances | 1,932 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Mercer Investment Management | $186,920 reported compensation |
| Schwab Retirement Plan Services,inc | $141,059 reported compensation |
| Charles Schwab & Co., Inc. | $217 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251120155555NAL0003017667001, received 2025-11-20, EIN 54-1522509, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.