Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Empower Advisory Group, LLC
Most often reported for investment advisory and management
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Empower Advisory Group, LLC is named as a service provider on the Schedule C of 4,505 retirement plans with 100 or more participants for plan year 2024, covering 6,561,803 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $148M. Per plan, the median was $15.16 per participant, with the middle half of plans between $5.25 and $36.19. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (490), Texas (336) and Florida (259).
In 2010 it appeared on 5 such filings; in 2024, 4,509. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $5.25 | $15.16 | $36.19 |
| Compensation as a share of plan net assets | 0.01% | 0.03% | 0.07% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| The Teamster - UPS National 401(k) Tax Deferred Savings Plan | Board of Trustees of the Teamsters - UPS 401(k) National Savings Plan | GA | 478,185 | $19.3B | $368K |
| Wells Fargo & Company 401(k) Plan | Wells Fargo & Company | MN | 255,580 | $57.9B | $3.4M |
| Trinet 401(k) Plan | Trinet HR III, Inc. | CA | 238,170 | $8.71B | $3.1M |
| Justworks Retirement Savings Plan | Justworks Employment Group, LLC | NY | 163,323 | $3.93B | $99K |
| Advocate Aurora Health 401(k) Plan | Advocate Aurora Health, Inc. | WI | 103,145 | $10.5B | $2.8M |
| Southwest Carpenters Annuity Fund | Board of Trustees, Southwest Carpenters Annuity Fund | CA | 93,934 | $1.13B | $11K |
| Coadvantage Corporation Retirement Savings Plan | Coadvantage Corporation | FL | 84,855 | $1.23B | $129K |
| Burlington Stores Savings Plan | Burlington Coat Factory Warehouse Corporation | NJ | 70,632 | $457M | $159K |
| Aya Healthcare Services, Inc. 401(k) Plan | Aya Healthcare Services, Inc. | CA | 59,752 | $443M | $561K |
| Baylor Scott & White Health Retirement Savings Plan | Baylor Scott & White Holdings | TX | 58,503 | $4.66B | $2.5M |
| National Veterinary Associates, Inc. 401(k) Plan | National Veterinary Associates, Inc. | CA | 52,955 | $809M | $53K |
| Iu Health 401(k) Savings Plan | Indiana University Health Inc. | IN | 51,880 | $4.48B | $866K |
| Pilgrim's Pride Retirement Savings Plan | Pilgrim's Pride Corporation | CO | 49,561 | $478M | $175K |
| JBS 401(k) Savings Plan | JBS USA Food Company Holdings | CO | 45,920 | $680M | $268K |
| Westrock Company 401(k) Retirement Savings Plan | Westrock Company | GA | 45,282 | $4.98B | $1.4M |
| Trinet Select 401(k) Plan | Trinet HR IV, LLC | CA | 42,129 | $2.95B | $113K |
| Abbvie Savings Plan | Abbvie Inc. | IL | 39,371 | $13.4B | $4.2M |
| Global Medical Response, Inc. 401(k) Plan | Global Medical Response, Inc. | CO | 38,236 | $1.75B | $1.1M |
| The Interpublic Group of Companies, Inc. Savings Plan | The Interpublic Group of Companies, Inc. | NY | 37,524 | $4.07B | $1.9M |
| Vail Resorts 401(k) Retirement Plan | The Vail Corporation DBA Vail Associates, Inc. a Colorado Corporation | CO | 37,206 | $541M | $296K |
| McDonald's Corporation 401(k) Plan | McDonald's Corporation and Subsidiaries | IL | 32,254 | $3.74B | $845K |
| The Rite Aid 401(k) Plan | Rite Aid Corporation | PA | 30,990 | $3.21B | $726K |
| Arthur J. Gallagher & Co. Employees Savings and Thrift Plan | Arthur J. Gallagher (Illinios), LLC. | IL | 29,898 | $3.90B | $243K |
| Schneider Electric 401(k) Plan | Schneider Electric Holdings, Inc. | IL | 29,760 | $5.06B | $1.8M |
| Reyes Holdings Retirement Plan | Reyes Holdings, L.L.C. | IL | 28,836 | $2.11B | $334K |
| Envoy Air Inc. 401(k) Plan | Envoy Air Inc. | TX | 27,975 | $744M | $661K |
| Wellspan 403(b) Retirement Savings Plan | Wellspan Health | PA | 27,878 | $2.64B | $262K |
| International Paper Company Hourly Savings Plan | International Paper Company | TN | 26,606 | $1.79B | $599K |
| Acadia Healthcare Company, Inc. 401(k) Plan | Acadia Healthcare Company, Inc. | TN | 25,832 | $297M | $33K |
| CFG Retirement Savings Plan | Citizens Financial Group, Inc. | RI | 25,795 | $3.25B | $1.5M |
| Fifth Third Bancorp 401(k) Savings Plan | Fifth Third Bancorp | OH | 25,787 | $4.01B | $1.6M |
| Willis Towers Watson Savings Plan for U.S. Employees | Willis Towers Watson US LLC | VA | 25,378 | $4.47B | $1.1M |
| Old Dominion 401(k) Retirement Plan | Old Dominion Freight Line, Inc. | NC | 25,253 | $2.40B | $2.1M |
| SWBG, LLC 401(k) Plan | SWBG, LLC | FL | 25,070 | $269M | $3,750 |
| McLaren Employees' 403(b) Retirement Plan | McLaren Health Care Corp. | MI | 23,845 | $1.86B | $180K |
| CSX Corporation Capital Builder Plan | CSX Corporation | FL | 22,902 | $1.54B | $974K |
| Penn State Health 401(k) Savings Plan | Penn State Health | PA | 22,033 | $2.93B | $335K |
| Nextep 401(k) Retirement Savings Plan | 899210-01 Nextep, Inc. | OK | 21,230 | $566M | $64K |
| Relx Inc. US Salary Investment Plan | Relx Inc. | NY | 20,577 | $4.15B | $1.2M |
| Community Health Network 401(k) Retirement Plan | Community Health Network, Inc. | IN | 20,469 | $1.64B | $1.5M |
Questions and answers
How many plans does Empower Advisory Group, LLC serve?
4,505 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Empower Advisory Group, LLC?
The median plan reported $15.16 per participant in direct and indirect compensation (4,489 plans reporting an amount), or 0.03% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment management (4,389 plans), Investment advisory (participants) (217 plans), Recordkeeping and information management (6 plans) and Investment advisory (plan) (4 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.