TriNet Teams with Empower to Provide an Industry-leading TriNet 401(k) Plan for Clients

DUBLIN, Calif., Jan. 20, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the transition of the TriNet 401(k) Plan provider to Empower by the end of 2022.

The TriNet 401(k) Plan is a multiple-employer plan that TriNet clients may adopt for their eligible employees. Empower is a leading retirement plan provider with over $1.1 trillion in retirement plan assets under administration."It's never too early, or too late, for employees to invest in the future. With Empower as the TriNet 401(k) provider, we believe the personalized service model and intuitive platform will make it easy for TriNet 401(k) Plan participants to invest in their financial future," said Alex Warren, TriNet's Senior Vice President, Customer Experience. "This transition exemplifies TriNet's mission to power the success of small and medium-size businesses by supporting and enabling their people," continued Warren.Saving for retirement is an important and personal decision. The relationship with Empower aims to support TriNet's plan participants through the retirement planning process with advice, guidance and support.