Plan Snapshot
- Plan Sponsor: Wells Fargo & Company
- Sponsor EIN: 410449260
- Sponsor Address: MAC N9310-110, MINNEAPOLIS, MN, 55415
- Plan Type: 401(k)
- Total Participants: 167,176
- Total Assets: $57.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 167,176 | $57.9B | $1.0B | $1.7B |
| 2023 | 178,049 | $51.8B | $965.4M | $1.8B |
| 2022 | 192,694 | $45.8B | $1.0B | $1.8B |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KPMG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $9,818,207 | $3,406,684 | — | — | — |
| 2023 | $5,455,622 | $2,674,753 | — | — | — |
| 2022 | $2,042,387 | $1,974,287 | — | — | $68,100 |