Plan Snapshot
- Plan Sponsor: Wells Fargo & Company
- Sponsor EIN: 410449260
- Sponsor Address: MAC N9310-110, MINNEAPOLIS, MN, 55415
- Plan Type: DB
- Total Participants: 40,642
- Total Assets: $8.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 40,642 | $8.3B | $0 | $0 |
| 2023 | 46,875 | $8.8B | $0 | $0 |
| 2022 | 53,528 | $8.8B | $0 | $0 |
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 |
|---|---|---|---|---|
| CROWE, LLP | Auditor | $212,000 | — | $212,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $212,000
- Estimated Expense Ratio: 0.003% of plan assets
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 | $42,815,971 | $12,889,015 | $293,535 | $212,000 | — |
| 2023 | $43,975,326 | $13,008,186 | $338,482 | $80,000 | — |
| 2022 | $42,095,101 | $14,302,816 | $8,849,239 | — | $372,302 |