Empower
Empower is a prominent financial services company based in metro Denver, Colorado, dedicated to promoting financial freedom through retirement planning, investment management, and personalized financial guidance. As the second-largest U.S. retirement plan recordkeeper by total participants, Empower serves 19 million individuals and collaborates with over 61,000 organizations, including corporations, nonprofits, and government entities. The company offers a range of services, including employer-sponsored retirement plans such as 401(k), 403(b), and 457 plans, as well as individual retirement account management. Empower provides personalized financial advice and tools to help clients understand their financial situations and achieve their long-term goals. Additionally, it supports financial advisors with recordkeeping and compliance services, enhancing retirement plan opportunities across various market segments. Under the leadership of CEO Edmund F. Murphy III, Empower aims to help Americans attain financial security through tailored solutions.
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Headcount trend
Empower went from 7,460 employees in Jul 2023 to 8,362 in Jun 2025. Last 6 months: 314 people joined, 167 left.
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Empower FAQ
How many employees does Empower have?
Empower has about 8,362 employees, up 0.7% over the last 3 months (as of Jun 2025).
What is Empower's revenue per employee?
Empower makes about $478K in revenue per employee, based on $4B annual revenue and 8,362 employees.
How much does Empower pay?
6figr has 46 salary profiles for Empower in the US and 23 in India, with pay broken down by role, level, gender and ethnicity on the Empower salaries page. See Empower salaries in the US
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 27 Nov 2025.