Empower Electric, Llc 401(k) Plan: Login, Facts & Contact Information

Empower Electric, Llc 401(k) Plan Facts

Plan name
EMPOWER ELECTRIC LLC 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EMPOWER ELECTRIC, LLC
Participants
216 (149 active employees)
Former employees with a balance
35
Plan assets
$5,186,544 at Dec 31, 2024
Average account balance
$39,292 across 132 accounts
Employer contributions
$249,476 in plan year 2024 (37% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2009
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $673,401 went into the plan in contributions, $249,476 of it from the employer (37%).
  • $255,913 was paid out to participants.
  • Investment and other income added $399,654.
  • Administrative expenses were $50,196, about $380 per account.

How the Empower Electric, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019163$2.53 million$191,622$614,221
2020176$3.20 million$223,083$207,859
2021222$3.93 million$234,451$162,530
2022216$3.72 million$220,547$344,986
2023210$4.42 million$228,307$259,538
2024216$5.19 million$249,476$255,913

Empower Electric, Llc 401(k) Contact Information

Phone
615-889-1434
Mailing address
321 HOMESTEAD ROAD, NASHVILLE TN 37207
Plan sponsor
EMPOWER ELECTRIC, LLC
Employer identification number (EIN)
62-1875782
Plan number
001

Questions about the Empower Electric, Llc 401(k)

Does Empower Electric, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $249,476, 37% of all contributions.

Does the Empower Electric, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Empower Electric, Llc 401(k) plan?

216 participants at the start of plan year 2024, 149 of them active employees, and 35 former employees who still had money in the plan.

What is the average 401(k) balance at Empower Electric, Llc?

About $39,292 per account: $5.19 million in plan assets across 132 accounts with a balance at the end of plan year 2024.

Who manages the Empower Electric, Llc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Empower Electric, Llc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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