Community Minded

Empower Retirement recognized as one of the 50 most community-minded companies in Colorado

Sep 20, 2019
Press Release

Empower Retirement has been named an honoree of The Civic 50 Colorado by CSR Solutions of Colorado and Points of Light, the world’s largest organization dedicated to volunteer service.

The award recognizes Empower as one of the 50 most community-minded companies in Colorado, which is determined by an independently administered and scored survey.

In Colorado, where the company is headquartered, Empower associates supported 436 charitable organizations in 2018. (More details are published in Empower’s 2018 Community Impact Report.)

The Civic 50 Colorado awards, modeled after Points of Light’s national program, provide a standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to impact their communities.

The Civic 50 Colorado honorees were recognized during The Civic 50 Colorado Awards on Sept. 19 at an event held at Infinity Park in Glendale, Colo.

“This recognition is special because our associates have continually invested their time and financial support in nonprofit organizations that work to make our communities healthier and stronger,” said Edmund F. Murphy III, Empower President & CEO. “Through our Associates Community Together program, a collaborative giving program, we have built a company culture that encourages stewardship of our community resources and works to improve the neighborhoods where we work, live and play.”

Empower launched its ACT program in 2016 to support the volunteer and giving efforts of its associates. Through the program, associates are provided 16 hours a year of paid volunteer time off from work. Empower also matches money donated to nonprofit organizations by associates of up to $5,000 annually. Since its inception, Empower and its employees have given $7.85 million to nonprofit organizations across the country. Another key aspect of the program includes its Board Leadership Program, which supports associates who serve on the boards of nonprofit organizations.

“Empower is fortunate to have associates who are passionate about their work and their communities,” said Suzanne Sanchez, Chief Human Resources Officer. “Our associates have embraced our ACT program and made it their own. Together we have created a company culture that embraces our community organizations and has sparked excitement and energy among all of us.”

CSR Solutions, a leader in community engagement and philanthropy, is pleased to be the first in the country to bring the nationally revered Civic 50 Awards to Colorado. Colorado companies have invested significant resources in our communities to build a strong, resilient, connected and healthy place for us all. The impact stories will inspire us all to support their efforts.

The Civic 50 Colorado survey is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value. The survey instrument consists of quantitative and multiple-choice questions that inform scoring process and is the only evaluation that exclusively measures corporate involvement in communities.

For more information about The Civic 50 Colorado and this year’s honorees, visit CSR Solutions of Colorado.

 

About Empower Retirement

Headquartered in metro Denver, Empower Retirement administers $638 billion in assets for more than 9.2 million retirement plan participants.1 It is the nation’s second-largest retirement plan record keeper by total participants (Pensions & Investments, April 2019).2 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. For more information please visit Empower-retirement.com.

About CSR Solutions of Colorado

CSR Solutions is committed to making Colorado a thriving place to live and work. By empowering Colorado businesses of all sizes with the strategies and tools they need to give back to their communities, we align business purpose with employee need to make a better tomorrow. With our combined experience in CSR, you walk away with a customized roadmap for your company that allows you to do better by doing good. For more information, visit www.csrsolutionsco.org.

About Points of Light

Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities across 37 countries and in partnership with thousands of nonprofits and corporations, Points of Light engages 5 million volunteers in 20 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to www.pointsoflight.org.

1 As of March 31, 2019, information refers to all retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries and affiliates, including Great-West Life & Annuity Insurance Company of New York, marketed under the Empower Retirement brand.

2 Information refers to all retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries and affiliates, including Great-West Life & Annuity Insurance Company of New York, marketed under Empower Retirement brand. Ranking based on total participant accounts as of March 31, 2019. Source, Pensions & Investments, 2019 Defined Contribution Survey Rankings as of March 31, 2019.

Media Contact:

Stephen Gawlik — 303-737-0899 (office), 617-417-4408 (cell)

Monica Mendoza — 303.737.2626 (office), 719-373-2460 (cell)

Learn More

To learn more about how we’re empowering plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914. RO955737-092019

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Empower to acquire Personal Capital - dual logos
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Empower Retirement to acquire Personal Capital

The combination will bring together Empower’s leading retirement plan services and integrated financial tools with Personal Capital's rapidly growing, digitally-oriented personal wealth management platform. 

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