Evercore Trust, a national trust bank and subsidiary of Evercore, provides investment management, independent fiduciary, and trustee services to employee benefit plans.
With over $40.2 billion in assets under administration as of December 31, 2016, Evercore Trust has ongoing discretionary responsibility for qualified and non-qualified employee benefit plans, including defined benefit pension plans, VEBAs, ESOPs, 401(k) plans, profit sharing plans, and rabbi trusts, many of which plans hold large blocks of company stock.
Evercore Trust has provided services to employee benefit plans sponsored by America's leading corporations and institutions since 1987. We have served as an independent fiduciary to employee benefit plans sponsored by approximately:
of the top 20 corporate plan sponsors in Pensions & Investments 1,000:
of the companies comprising the Dow Jones Industrial Average; and
of the corporations in the Fortune 500.
Plan sponsors routinely retain Evercore Trust to protect the interests of plan participants and beneficiaries in circumstances where there may be an inherent conflict of interest between the plan sponsor and the plan. We provide fiduciary services in a variety of situations, while helping ensure compliance with the Employee Retirement Income Security Act of 1974 (ERISA).