Label |
Element |
Value |
Risk Return Abstract |
rr_RiskReturnAbstract |
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|
Registrant Name |
dei_EntityRegistrantName |
EMPOWER FUNDS, INC.
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Prospectus Date |
rr_ProspectusDate |
Apr. 30, 2025
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Empower Large Cap Growth Fund |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk/Return [Heading] |
rr_RiskReturnHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:12pt;font-weight:bold;">Fund Summary</span>
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Objective [Heading] |
rr_ObjectiveHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Investment Objective</span>
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Objective, Primary [Text Block] |
rr_ObjectivePrimaryTextBlock |
The Fund seeks long-term growth of capital.
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Objective, Secondary [Text Block] |
rr_ObjectiveSecondaryTextBlock |
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Expense [Heading] |
rr_ExpenseHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Fees and Expenses of the Fund</span>
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Expense Narrative [Text Block] |
rr_ExpenseNarrativeTextBlock |
This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. This table does not reflect the fees and expenses of any Permitted Account. If the fees and expenses of a Permitted Account were reflected, the fees and expenses shown below would be higher.
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|
Operating Expenses Caption [Text] |
rr_OperatingExpensesCaption |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Times New Roman;font-size:10pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span>
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Fee Waiver or Reimbursement over Assets, Date of Termination |
rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination |
<span style="color:#000000;font-family:Times New Roman;font-size:9pt;">April 30, 2026</span>
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Portfolio Turnover [Heading] |
rr_PortfolioTurnoverHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Portfolio Turnover</span>
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Portfolio Turnover [Text Block] |
rr_PortfolioTurnoverTextBlock |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate generally indicates higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s turnover rate was 31% of the average value of its portfolio.
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|
Portfolio Turnover, Rate |
rr_PortfolioTurnoverRate |
31.00%
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|
Expense Example [Heading] |
rr_ExpenseExampleHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Example</span>
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Expense Example Narrative [Text Block] |
rr_ExpenseExampleNarrativeTextBlock |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example does not reflect the fees and expenses of any Permitted Account. If the fees and expenses of any Permitted Account were reflected, the fees and expenses in the Example would be higher.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of each period. The Example also assumes that the Expense Limit is in place for the first year, that your investment has a 5% return each year, that all dividends and capital gains are reinvested, and that the Fund’s operating expenses are the amount shown in the fee table and remain the same for the years shown. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
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Strategy [Heading] |
rr_StrategyHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Principal Investment Strategies</span>
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Strategy Narrative [Text Block] |
rr_StrategyNarrativeTextBlock |
Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization (“large cap”) companies. For purposes of the 80% policy, the Fund considers large cap companies to be those with market capitalizations of $4 billion or more at the time of purchase. If the market capitalization of a company held by the Fund moves below this threshold, the Fund may, but is not required to, sell the securities. The Fund emphasizes a “growth style” of investing, seeking companies whose potential to provide superior earnings growth appears to be greater than the market in general and whose revenue growth is expected to continue for an extended period of time.The Fund may invest in foreign securities, including investments in emerging markets. The Fund may focus its investments in certain sectors, such as the communications and technology sectors. The Fund may also invest in derivatives, including but not limited to futures contracts. Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-advisers and monitors their performance on an ongoing basis. The Fund’s investment portfolio is managed by two sub-advisers: J.P. Morgan Investment Management Inc. (“JPMorgan”) and Victory Capital Management Inc. (“Victory Capital”) (each, a “Sub-Adviser,” and collectively, the “Sub-Advisers”).•JPMorgan invests primarily in equity securities of large, well-established companies with a market capitalization equal to those within the universe of the Russell 1000® Growth Index at the time of purchase. JPMorgan employs a fundamental bottom-up approach that seeks to identify companies with positive price momentum and attractive fundamental dynamics. JPMorgan assesses financially material environmental, social and governance (“ESG”) factors alongside other relevant factors in its investment process with the goal of managing risk and improving long-term returns. ESG considerations are only one component in the evaluation of eligible investments and may not be a determinative factor in the final investment decision.•Victory Capital invests primarily in equity securities of large companies that are similar in size to issuers included in the Russell 1000® Growth Index. To select growth stocks, Victory Capital employs quantitative analysis, fundamental research, and an evaluation of the issuer based on its financial statements and operations, utilizing a bottom-up analytic approach.ECM maintains a strategic allocation of the Fund’s assets with each Sub-Adviser and reviews the asset allocations on a quarterly basis, or more frequently as deemed necessary. As of the date of this Prospectus, the target percentage is a 50% allocation of the Fund’s assets to JPMorgan and a 50% allocation of the Fund’s assets to Victory Capital. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
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Risk [Heading] |
rr_RiskHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Principal Investment Risks</span>
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Bar Chart and Performance Table [Heading] |
rr_BarChartAndPerformanceTableHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;">Performance</span>
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Performance Narrative [Text Block] |
rr_PerformanceNarrativeTextBlock |
The bar chart and table below provide an indication of the risk of investment in the Fund by showing changes in the performance of the Fund’s Investor Class shares for the last ten calendar years and by comparing the Fund's average annual total returns to the performance of a broad-based securities market index and an additional index with investment characteristics similar to those of the Fund.The returns shown below are historical and are not an indication of future performance.Total return figures assume reinvestment of dividends and capital gains distributions and include the effect of the Fund’s recurring expenses, but do not include fees and expenses of any Permitted Account. If the fees and expenses of any Permitted Account were reflected, the performance shown would be lower.Updated performance information may be obtained at www.empower.com/investments/empower-funds/fund-documents (the website does not form a part of this Prospectus).
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Performance Information Illustrates Variability of Returns [Text] |
rr_PerformanceInformationIllustratesVariabilityOfReturns |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;">The bar chart and table below provide an indication of the risk of investment in the Fund by showing changes in the performance of the Fund’s Investor Class shares for the last ten calendar years and by comparing the Fund's average annual total returns to the performance of a broad-based securities market index and an additional index with investment characteristics similar to those of the Fund.</span>
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Performance Availability Website Address [Text] |
rr_PerformanceAvailabilityWebSiteAddress |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;">www.empower.com/investments/empower-funds/fund-documents</span>
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Performance Past Does Not Indicate Future [Text] |
rr_PerformancePastDoesNotIndicateFuture |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;">The returns shown below are historical and are not an indication of future performance.</span>
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Bar Chart [Heading] |
rr_BarChartHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:12pt;font-weight:bold;">Calendar Year Total Returns</span>
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Bar Chart Does Not Reflect Sales Loads [Text] |
rr_BarChartDoesNotReflectSalesLoads |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;">Total return figures assume </span><span style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;">reinvestment of dividends and capital gains distributions and include the effect of the Fund’s recurring expenses, but do not include fees and expenses of any Permitted Account. If the fees and expenses of any Permitted Account were reflected, the performance </span><span style="color:#000000;font-family:Times New Roman;font-size:10pt;">shown would be lower.</span>
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|
Bar Chart Closing [Text Block] |
rr_BarChartClosingTextBlock |
Quarter EndedTotal ReturnBest QuarterJune 30, 202030.13%Worst QuarterJune 30, 2022-18.13%
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|
Performance Table Heading |
rr_PerformanceTableHeading |
<span style="color:#000000;font-family:Times New Roman;font-size:12pt;font-weight:bold;">Average Annual Total Returns for the Periods Ended December 31, 2024</span>
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Performance Table Market Index Changed |
rr_PerformanceTableMarketIndexChanged |
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Empower Large Cap Growth Fund | Risk Lose Money [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
and is subject to the possible loss of your original investment.
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Empower Large Cap Growth Fund | Risk Not Insured [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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|
Risk [Text Block] |
rr_RiskTextBlock |
An investment in the Fund is not a deposit with a bank, is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any government agency
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Empower Large Cap Growth Fund | Equity Securities Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Equity Securities Risk - The value of equity securities held by the Fund may decline as a result of factors directly related to a company, a particular industry or industries, or general market conditions that are not specifically related to a company or an industry.
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Empower Large Cap Growth Fund | Market Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Market Risk - The value of the Fund’s investments may decrease, sometimes rapidly or unexpectedly, due to factors affecting (or perceived to affect) specific issuers held by the Fund, particular industries represented in the Fund’s portfolio, or the overall securities markets. A variety of factors can increase the volatility of the Fund’s holdings and markets generally, including political or regulatory developments, recessions, inflation, deflation, rapid interest rate changes, bank failures, war or acts of terrorism, sanctions, tariffs, natural disasters, outbreaks of infectious illnesses or other widespread public health issues, general outlook for corporate earnings, or adverse investor sentiment generally. Certain events may cause instability across global markets, including reduced liquidity and disruptions in trading markets, while some events may affect certain geographic regions, countries, sectors, and industries more significantly than others. These adverse developments may cause broad declines in an issuer’s value due to short-term market movements or for significantly longer periods during more prolonged market downturns.
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Empower Large Cap Growth Fund | Growth Stock Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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|
Risk [Text Block] |
rr_RiskTextBlock |
Growth Stock Risk - A growth style of investing is subject to the risk that returns on growth stocks are less than returns on other styles of investing or the overall stock market. Growth stocks can be volatile for several reasons. Since they usually reinvest a high proportion of earnings in their own business, they may not pay the dividends usually associated with value stocks that can cushion their decline in a falling market. Also, since investors buy these stocks because of the expected superior earnings growth, earnings disappointments may result in sharp price declines.
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Empower Large Cap Growth Fund | Large Size Company Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Large-Size Company Risk - Large-size companies are generally more mature and may be unable to respond as quickly as smaller companies to new competitive challenges, such as changes in technology and consumer tastes, and may not be able to attain the high growth rate of successful smaller companies, especially during extended periods of economic expansion.
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Empower Large Cap Growth Fund | Sector Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Sector Risk - The Fund may, from time to time, invest a significant portion of its assets in companies within a particular sector, and its performance may suffer if that sector underperforms the overall market.
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Empower Large Cap Growth Fund | Foreign Securities Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Foreign Securities Risk - Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, geopolitical (including war or armed conflict), regulatory, market, currency valuation, or economic or other developments and can perform differently than the U.S. market. Current tariffs, sanctions or the threat of potential tariffs, sanctions or other similar measures may also impair the value or liquidity of affected securities and negatively impact the Fund.
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Empower Large Cap Growth Fund | Emerging Markets Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Emerging Markets Risk - Emerging market countries generally have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. The economies of countries with emerging markets may be based predominantly on only a few industries, may be highly vulnerable to changes in local or global trade conditions, and may suffer from limited reliable access to capital, extreme debt burdens, less established financial market operations or volatile inflation rates. The securities markets of emerging market countries may be subject to manipulation and have historically been extremely volatile and less liquid than more developed markets. These market conditions may continue or worsen. Investments in these countries may be subject to heightened political, geopolitical (including war or armed conflict), economic, legal, market, currency and tariff risks and other adverse local or regional developments, including heightened risk of war and ethnic, religious and racial conflicts. The imposition of sanctions, exchange controls (including repatriation restrictions), confiscations, trade restrictions (including tariffs) and other government restrictions by the U.S. and other governments, or from problems in share registration, settlement or custody, may also result in losses. Differences in regulatory, accounting, auditing and financial reporting and recordkeeping standards could impede the availability of reliable information to evaluate and monitor local companies and impact the Fund’s performance. There is also the risk of negative foreign currency exchange rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time.
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Empower Large Cap Growth Fund | Currency Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Currency Risk - Adverse fluctuations in exchange rates between the U.S. dollar and other currencies may cause the Fund to lose money on investments denominated in foreign currencies.
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Empower Large Cap Growth Fund | Derivatives Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Derivatives Risk - The use of derivatives, including but not limited to futures contracts, may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities underlying those derivatives. These risks include imperfect correlations with underlying investments or the Fund’s other portfolio holdings, magnified losses resulting from leverage, counterparty risk, high price volatility, liquidity risk, segregation risk, valuation risk and legal restrictions.
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Empower Large Cap Growth Fund | Management Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Management Risk - A strategy, investment decision, technique, analysis, or model used by the portfolio managers may fail to produce the intended results or imperfections, errors or limitations in the tools and data used by the portfolio managers may cause unintended results. Therefore, the Fund could underperform in comparison to other funds with similar objectives and investment strategies and may generate losses even in a favorable market.
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Empower Large Cap Growth Fund | Environmental Social and Governance Considerations Risk [Member] |
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Risk Return Abstract |
rr_RiskReturnAbstract |
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Risk [Text Block] |
rr_RiskTextBlock |
Environmental, Social and Governance Considerations Risk - The Fund’s portfolio selection strategy is not solely based on ESG considerations, and therefore the issuers in which the Fund invests may not be considered ESG-focused companies. Consideration of ESG factors may affect the Fund’s exposure to certain issuers or industries and may not work as intended. While ESG considerations may have the potential to contribute to the Fund’s long-term performance, there is no guarantee that such results will be achieved.
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Empower Large Cap Growth Fund | Multi Manager Risk [Member] |
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|
Risk Return Abstract |
rr_RiskReturnAbstract |
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|
Risk [Text Block] |
rr_RiskTextBlock |
Multi-Manager Risk - Because the Sub-Advisers make investment decisions independently, it is possible that the security selection processes of the Sub-Advisers may not complement one another, and the Fund may have buy and sell transactions in the same security on the same day.
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Empower Large Cap Growth Fund | Institutional |
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|
Risk Return Abstract |
rr_RiskReturnAbstract |
|
|
Management Fees |
rr_ManagementFeesOverAssets |
0.61%
|
|
Distribution and Service (12b-1) Fees |
rr_DistributionAndService12b1FeesOverAssets |
none
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|
Shareholder Services Fees |
rr_Component1OtherExpensesOverAssets |
none
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|
Other Expenses |
rr_Component2OtherExpensesOverAssets |
0.01%
|
|
Total Other Expenses |
rr_OtherExpensesOverAssets |
0.01%
|
|
Total Annual Fund Operating Expenses |
rr_ExpensesOverAssets |
0.62%
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|
Fee Waiver and Expense Reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
none
|
[1] |
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement |
rr_NetExpensesOverAssets |
0.62%
|
|
1 Year |
rr_ExpenseExampleYear01 |
$ 63
|
|
3 Years |
rr_ExpenseExampleYear03 |
199
|
|
5 Years |
rr_ExpenseExampleYear05 |
346
|
|
10 Years |
rr_ExpenseExampleYear10 |
$ 774
|
|
OneYear |
rr_AverageAnnualReturnYear01 |
25.93%
|
|
FiveYears |
rr_AverageAnnualReturnYear05 |
17.48%
|
|
TenYears |
rr_AverageAnnualReturnYear10 |
|
|
SinceInception |
rr_AverageAnnualReturnSinceInception |
15.97%
|
|
InceptionDate |
rr_AverageAnnualReturnInceptionDate |
May 01, 2015
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|
Empower Large Cap Growth Fund | Investor |
|
|
|
Risk Return Abstract |
rr_RiskReturnAbstract |
|
|
Management Fees |
rr_ManagementFeesOverAssets |
0.61%
|
|
Distribution and Service (12b-1) Fees |
rr_DistributionAndService12b1FeesOverAssets |
none
|
|
Shareholder Services Fees |
rr_Component1OtherExpensesOverAssets |
0.35%
|
|
Other Expenses |
rr_Component2OtherExpensesOverAssets |
0.03%
|
|
Total Other Expenses |
rr_OtherExpensesOverAssets |
0.38%
|
|
Total Annual Fund Operating Expenses |
rr_ExpensesOverAssets |
0.99%
|
|
Fee Waiver and Expense Reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
0.01%
|
[1] |
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement |
rr_NetExpensesOverAssets |
0.98%
|
|
1 Year |
rr_ExpenseExampleYear01 |
$ 100
|
|
3 Years |
rr_ExpenseExampleYear03 |
314
|
|
5 Years |
rr_ExpenseExampleYear05 |
546
|
|
10 Years |
rr_ExpenseExampleYear10 |
$ 1,212
|
|
2015 |
rr_AnnualReturn2015 |
6.42%
|
|
2016 |
rr_AnnualReturn2016 |
1.01%
|
|
2017 |
rr_AnnualReturn2017 |
30.05%
|
|
2018 |
rr_AnnualReturn2018 |
0.05%
|
|
2019 |
rr_AnnualReturn2019 |
36.21%
|
|
2020 |
rr_AnnualReturn2020 |
41.45%
|
|
2021 |
rr_AnnualReturn2021 |
20.84%
|
|
2022 |
rr_AnnualReturn2022 |
(23.16%)
|
|
2023 |
rr_AnnualReturn2023 |
33.57%
|
|
2024 |
rr_AnnualReturn2024 |
25.44%
|
|
Highest Quarterly Return, Label |
rr_HighestQuarterlyReturnLabel |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Best Quarter</span>
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|
Highest Quarterly Return, Date |
rr_BarChartHighestQuarterlyReturnDate |
Jun. 30, 2020
|
|
Highest Quarterly Return |
rr_BarChartHighestQuarterlyReturn |
30.13%
|
|
Lowest Quarterly Return, Label |
rr_LowestQuarterlyReturnLabel |
<span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Worst Quarter</span>
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|
Lowest Quarterly Return, Date |
rr_BarChartLowestQuarterlyReturnDate |
Jun. 30, 2022
|
|
Lowest Quarterly Return |
rr_BarChartLowestQuarterlyReturn |
(18.13%)
|
|
OneYear |
rr_AverageAnnualReturnYear01 |
25.44%
|
|
FiveYears |
rr_AverageAnnualReturnYear05 |
17.09%
|
|
TenYears |
rr_AverageAnnualReturnYear10 |
15.41%
|
|
SinceInception |
rr_AverageAnnualReturnSinceInception |
|
|
Empower Large Cap Growth Fund | Russell 1000® Index (reflects no deduction for fees, expenses or taxes) |
|
|
|
Risk Return Abstract |
rr_RiskReturnAbstract |
|
|
OneYear |
rr_AverageAnnualReturnYear01 |
24.51%
|
|
FiveYears |
rr_AverageAnnualReturnYear05 |
14.28%
|
|
TenYears |
rr_AverageAnnualReturnYear10 |
12.87%
|
|
SinceInception |
rr_AverageAnnualReturnSinceInception |
13.07%
|
|
Empower Large Cap Growth Fund | Russell 1000® Growth Index (reflects no deduction for fees, expenses or taxes) |
|
|
|
Risk Return Abstract |
rr_RiskReturnAbstract |
|
|
OneYear |
rr_AverageAnnualReturnYear01 |
33.36%
|
|
FiveYears |
rr_AverageAnnualReturnYear05 |
18.96%
|
|
TenYears |
rr_AverageAnnualReturnYear10 |
16.78%
|
|
SinceInception |
rr_AverageAnnualReturnSinceInception |
16.87%
|
|
|
|