technology

Technology

Bold technology. Simple administration.

The investments we’re making in technology are focused on better serving our clients

We are committed to investing in our service technology and process infrastructure to continually improve the experience we offer plan sponsors and employees. We’re also boosting the scalability of our recordkeeping system through investments in cloud-computing capacity.

Best-in-Class

Best in Class Awards trophy

Participant

Participant website
Participant call center

Plan sponsor

Sponsor website
Plan reporting
Plan analytics/ benchmarking

Plan Service Center

The Plan Service Center (PSC) gives you an intuitive view into all the vital elements of your plans and allows you to quickly and easily manage them with single-click access

 

PSC

Easy access to retirement and healthcare savings balances, asset allocations, investment detail and plan activity

State-of-the-art user interface

Plan management and transactional capabilities

Quarterly site updates and enhancements

The PSC simplifies plan management and maintenance and allows you to see how specific segments of your plan are tracking toward an established goal.

Our innovative participant website generates results2

45%

of employees change their deferral rate

43%

average deferral rate increase

Participant Website

Employees receive a personalized view of their projected monthly retirement income so they can quickly and easily see where they stand, how far they need to go and what potential steps they can take next

PW

Translates savings into estimated monthly income

Lets participants request immediate changes to their portfolios

Allows account access anytime via any device

Displays healthcare savings balances

The PSC simplifies plan management and maintenance and allows you to see how specific segments of your plan are tracking toward an established goal.

An Innovative Proprietary Recordkeeping Platform

We specifically designed and built our own single-purpose system to handle both recordkeeping and trust processing, providing faster network speeds and resiliencies.

Storage, servers and software along with a modern design make it easy for us to proactively address issues.

We invest in our systems and security so they continually evolve to stay current related to new threats so we are prepared when adversity strikes.

Our system redundancy allows us to move activity if one site becomes unavailable, creating a seamless experience.

We are committed to delivering the security, speed, accuracy and reliability you need.

1 Based on best-in-class awards from PLANSPONSOR 2018 DC Survey, February 2019.
2 Based on participant website usage data for the period January 1, 2018, through December 31, 2018. Users are defined as participants who logged on to the website and moved the deferral rate slider at least once.

Carefully consider the investment option’s objectives, risks, fees and expenses. Contact Empower Retirement for a prospectus, summary prospectus for SEC registered products or disclosure document for unregistered products, if available, containing this information. Read each carefully before investing.

Securities offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment adviser, Advised Assets Group, LLC. Investing involves risk, including possible loss of principal. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.

IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time.

Insurance products are issued by or offered through Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; or in New York, by Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY. Guarantees are subject to the terms and conditions of the contract and the claims-paying ability of the insurer.

The Empower Institute is a research group within Empower Retirement, LLC.

All features may not currently be available and are subject to change without notice. ©2020 Empower Retirement, LLC. All rights reserved.

Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency.