CraftWorks Restaurants chooses Empower Retirement as record keeper

CraftWorks Restaurants & Breweries Inc., Chattanooga, Tenn., hired Empower Retirement as record keeper of its 401(k) plan, according to a posting from the Twitter account of the company's benefits department.

Information on the current record keeper was not available, but the company's most recent Form 5500 filing showed the entirety of the plan's investments were bundled in separate accounts managed by John Hancock Financial Services as of Dec. 31, 2015.

As of that date, the Craftworks Retirement Savings Plan had $19 million in assets, according to the Form 5500 filing.

Lori Fulmer, director of human resources, did not reply to requests for further information by press time.