We’re pleased to announce that Southwest Airlines Pilots Retirement Savings Plan is moving from Schwab Retirement Plan Services Company to Empower Retirement effective November 6, 2015.
Empower Retirement is the same organization that currently services your ProfitSharing Plan and any nonqualified plans you are participating in (e.g., Excess Benefit, Top Hat and the 401(a)(17) plan).
This change is designed to give you better ways to access and manage your account and improve your overall retirement planning experience.
At Empower Retirement, we’re helping more than seven million people save for retirement. Administering over $400 billion in plan assets, we’re the second largest retirement services company in the United States1. We define success as helping people like you work toward replacing — for life — the income they earned while working.
1 Information based on total number of participant accounts for all retirement businesses of Great-West Life & Annuity Insurance Company and its subsidiaries on the Empower Retirement recordkeeping system. (Source: PLANSPONSOR, Dec. 31, 2014.) Total participant accounts on this recordkeeping system, as of Dec. 31, 2014, are 7.1 million.
