There is still big business with small plans.
Empower has reported it has achieved sales of more than $10 billion in new retirement plan sales, amounting to some 3,300 in new plans and covering the retirement needs of approximately 250,000 new participants for 2023.
Empower has total assets under administration to more than $1.4 trillion on behalf of 18.3 million individuals as of September 30, 2023
