Empower Retirement Revenue and Competitors

Cherry Creek, CO USA

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Empower Retirement's estimated annual revenue is currently $2B per year.(i)
  • Empower Retirement's estimated revenue per employee is $294,000

Employee Data

  • Empower Retirement has 6913 Employees.(i)
  • Empower Retirement grew their employee count by 23% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$8233.2M280048%N/AN/A
#2
$4852.2M146734%N/AN/A
#3
$21.5M85-11%N/AN/A
#4
$0.3M2-67%N/AN/A
#5
$4679.8M25713N/AN/AN/A
#6
$7153.5M393054%N/AN/A
#7
$750M6720%N/AN/A
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Headquartered in metro Denver, Empower Retirement administers $665 billion in assets for more than 9.4 million retirement plan participants, as of Sept. 30, 2019. It is the nation’s second-largest retirement plan record keeper by total participants3 (Pensions & Investments, April 2019). Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401 (k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and Individual Retirement Account customers

keywords:N/A

N/A

Total Funding

6913

Number of Employees

$2B

Revenue (est)

23%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Empower Retirement News

2022-04-06 - Empower closes $3.5 billion acquisition - Denver Business Journal The Business Journals

Empower closes $3.5 billion acquisition - Denver Business Journal The Business Journals

2022-04-06 - Empower Closes Acquisition of Prudential Financial Retirement ... The Bakersfield Californian

Empower Closes Acquisition of Prudential Financial Retirement ... The Bakersfield Californian

2022-04-06 - Great-West Lifeco subsidiary Empower closes acquisition of ... Great-West Lifeco

Great-West Lifeco subsidiary Empower closes acquisition of ... Great-West Lifeco

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$5298.8M1401820%N/A
#2
$699.4M1854213%$190.2M