Empower Recordkeeping Fee Schedule Takes Effect
Treasury Division | State of AlaskaState · Juneau, AK- Disclosed value
- $34 per participant account per plan annually; transaction fees include $30 per distribution by USPS or ACH, $80 by express delivery, $50 initial systematic withdrawal, and $25 annual maintenance
- From agendapacket
- Document date
- Jun 10, 2026
- Term
- Effective July 1, 2026
The 30-second brief
The Division of Retirement and Benefits documented Empower’s fee schedule for all retirement plans effective July 1, 2026. Fees include $34 per participant account annually plus transaction-specific charges.
EMPOWER holds this financial services contract with Treasury Division | State of Alaska. Its other public contracts on record include work for Id Judges' Retirement Fund and Monte Vista County Water District.
Term as filed: Effective July 1, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $34 per participant account per plan annually; transaction fees include $30 per distribution by USPS or ACH, $80 by express delivery, $50 initial systematic withdrawal, and $25 annual maintenance
- Document date
- June 10, 2026
- Term
- Effective July 1, 2026
- Vendor
- EMPOWER
- Source document
- Alaska Retirement Management Board AgendaPacket Board of Trustees Meeting 2026-06-10 (AgendaPacket)
EMPOWER's other public contracts
More Treasury Division | State of Alaska contracts
Questions about this contract
Who was awarded the financial services contract by Treasury Division | State of Alaska?
EMPOWER was awarded this financial services contract by Treasury Division | State of Alaska, as recorded on June 10, 2026. The contract value is $34 per participant account per plan annually; transaction fees include $30 per distribution by USPS or ACH, $80 by express delivery, $50 initial systematic withdrawal, and $25 annual maintenance.
How much is the EMPOWER contract with Treasury Division | State of Alaska worth?
The EMPOWER contract with Treasury Division | State of Alaska is valued at $34 per participant account per plan annually; transaction fees include $30 per distribution by USPS or ACH, $80 by express delivery, $50 initial systematic withdrawal, and $25 annual maintenance, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Alaska Retirement Management Board AgendaPacket Board of Trustees Meeting 2026-06-10 (AgendaPacket), dated June 10, 2026 from Treasury Division | State of Alaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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 Treasury Division | State of Alaska currently buying?
Explore Treasury Division | State of Alaska's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.