Empower Trust Company, LLC (Empower Trust) provides trustee and custodial services to employer-sponsored retirement plans such as 401(k), 401(a), 457, and 403(b) plans, as well as individual retirement accounts (IRAs). Retirement plans serviced by Empower Trust include those sponsored by corporate and governmental entities.
Our Mission
To offer advanced solutions to the qualified retirement plan market that set new standards for strength, stability, and innovation.
Who is Empower Trust?
Trustee & Custodial Services
Empower Trust provides a full complement of trustee and custodial services to ensure the timely and accurate administration of retirement plans, quality participant support, flexible reporting, and streamlined regulatory compliance.
What is a Collective
Investment Trust?
A Collective Investment Trust (CIT) is a trust created and administered by a bank or trust company that commingles assets from multiple clients. A CIT is not registered with the Securities and Exchange Commission (SEC), therefore it is not subject to the Investment Company Act of 1940. A CIT is, however, subject to banking regulations.
Why Empower Trust for CITs?
Empower Trust's CITs are designed exclusively for the qualified retirement plan market. They include both actively managed and passively managed (index) underlying options, allowing qualified retirement plans to benefit from the strengths of both investment approaches.