CONTRACTONGOING

Empower Recordkeeping Fees Shift to Per-Participant Model

Disclosed value: $34 per head plus specific transaction charges; From agendapacket
Document date: Sep 15, 2026

What it covers

The Division of Retirement and Benefits is transitioning defined contribution recordkeeping fees with Empower to a $34-per-head structure plus transaction charges. The change is intended to reduce participant costs.

Who holds it

EMPOWER holds this technology contract with Department of Revenue | State of Alaska. Its other public contracts on record include work for Saline County and City of Sunnyside.

See every contract and contact at Department of Revenue | State of Alaska.

See every contract

Free account · 30-second setup · No credit card

Contract details

Contract type: Technology
Amount: $34 per head plus specific transaction charges
Document date: September 15, 2026
Vendor: EMPOWER
Agency: Department of Revenue | State of Alaska
Source document: Alaska Retirement Management Board AgendaPacket Board of Trustees Meeting 2026-09-15 (AgendaPacket)

EMPOWER's other public contracts

Saline County, NebraskaSaline County Approves Empower Claim Payment · Oct 24, 2026$2K City of Sunnyside, WashingtonSunnyside Pays Empower Deferred Compensation Contributions · Oct 24, 2026$6.7K Alaska Retirement Management Board | State of Alaska, AlaskaRetirement Board Reviews Rollovers to Empower · Oct 23, 2026Undisclosed St Mary'S Academy Charter School, TexasBoard Discusses Empower Retirement Plan Termination · Oct 22, 2026 Town of Green Oak, MichiganTownship Approves $9,900 Payment to Empower · Oct 21, 2026$9.9K All EMPOWER contractsVendor profile

More Department of Revenue | State of Alaska contracts

CALLANBoard Authorizes Callan Private Credit Manager Search · Sep 15, 2026Undisclosed Aew Core Property FundAEW Core Property Fund Presentation Scheduled · Sep 15, 2026Undisclosed Fidelity Institutional Asset ManagementFidelity Manages Nearly $800 Million for ARMB · Sep 15, 2026 CALLANCallan Scheduled to Present Second-Quarter Performance Review · Sep 15, 2026Undisclosed Ta Realty Core Property FundTA Realty Core Property Fund on Board Agenda · Sep 15, 2026Undisclosed All Department of Revenue | State of Alaska activityAgency profile

Questions about this contract

Who was awarded the technology contract by Department of Revenue | State of Alaska?

EMPOWER was awarded this technology contract by Department of Revenue | State of Alaska, as recorded on September 15, 2026. The contract value is $34 per head plus specific transaction charges.

How much is the EMPOWER contract with Department of Revenue | State of Alaska worth?

The EMPOWER contract with Department of Revenue | State of Alaska is valued at $34 per head plus specific transaction charges, covering technology work.

What type of contract is this?

This is a Technology contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Alaska Retirement Management Board AgendaPacket Board of Trustees Meeting 2026-09-15 (AgendaPacket), dated September 15, 2026 from Department of Revenue | State of Alaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does EMPOWER hold?

EMPOWER may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Department of Revenue | State of Alaska currently buying?

Explore Department of Revenue | State of Alaska's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More Department of Revenue | State of Alaska contracts →Browse all agencies in Alaska →