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 |
|---|---|---|---|---|
| TOWERS WATSON DELAWARE INC | Recordkeeper | $7,924,362 | — | $7,924,362 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $2,054,937 | — | $2,054,937 |
| BLUE OWL GPSC ADVISORS LLC | Other Service Provider | $2,053,101 | — | $2,053,101 |
| DELAWARE CHARTER GUARANTEE & TRUST | Recordkeeper | $1,665,410 | — | $1,665,410 |
| PGIM FIXED INCOME | Recordkeeper | $1,313,451 | — | $1,313,451 |
| PINEBRIDGE INVESTMENTS LLC | Other Service Provider | $1,023,306 | — | $1,023,306 |
| FIAM LLC | Other Service Provider | $917,982 | — | $917,982 |
| DODGE & COX | Other Service Provider | $911,613 | — | $911,613 |
| DOUBLELINE CAPITAL LP | Other Service Provider | $892,505 | — | $892,505 |
| GLOBAL INFRASTRUCTURE PARTNERS | Other Service Provider | $770,635 | — | $770,635 |
| T. ROWE PRICE ASSOCIATES, INC | Other Service Provider | $706,455 | — | $706,455 |
| ACADIAN ASSET MGMT LLC | Other Service Provider | $461,903 | — | $461,903 |
| MFS HERITAGE TRUST COMPANY | Other Service Provider | $431,765 | — | $431,765 |
| MONDRIAN INVESTMENT PARTNERS, LTD | Other Service Provider | $426,341 | — | $426,341 |
| CAPITAL INTERNATIONAL, INC. | Other Service Provider | $362,130 | — | $362,130 |
| LSV ASSET MANAGEMENT | Other Service Provider | $313,780 | — | $313,780 |
| NEPC - LLC | Recordkeeper | $267,792 | — | $267,792 |
| UNITED HEALTH CARE | Other Service Provider | $227,354 | — | $227,354 |
| CROWE LLP | Other Service Provider | $212,000 | — | $212,000 |
| BROWN ADVISORY LLC | Other Service Provider | $192,860 | — | $192,860 |
| LOOMIS, SAYLES & CO. | Other Service Provider | $179,085 | — | $179,085 |
| COOKE & BIELER, LP | Other Service Provider | $171,008 | — | $171,008 |
| ARTISAN PARTNERS LP | Other Service Provider | $137,686 | — | $137,686 |
| GSI CAPITAL ADVISORS, LLC | Other Service Provider | $131,529 | — | $131,529 |
| PEREGRINE CAPITAL MGMT, LLC | Other Service Provider | $121,800 | — | $121,800 |
| JP MORGAN INVESTMENT MGMT INC. | Recordkeeper | $94,931 | — | $94,931 |
| WASATCH GLOBAL INVESTORS | Other Service Provider | $87,301 | — | $87,301 |
| LORD, ABBETT & CO. LLC | Other Service Provider | $87,091 | — | $87,091 |
| ALTERITY GROUP LLC | Other Service Provider | $82,500 | — | $82,500 |
| Z CAPITAL SPECIAL SITUATIONS II | Other Service Provider | $75,276 | — | $75,276 |
| BANK OF NEW YORK | Other Service Provider | $56,595 | — | $56,595 |
| EXPRESS SCRIPTS | Other Service Provider | $53,669 | — | $53,669 |
| BANK OF NEW YORK MELLON | Other Service Provider | $51,876 | — | $51,876 |
| MILL ROAD CAPITAL MANAGEMENT LLC | Other Service Provider | $16,476 | — | $16,476 |
| STATE ST GLOBAL ADV TRST CO | Other Service Provider | $13,982 | — | $13,982 |
| DELTA DENTAL | Other Service Provider | $12,508 | — | $12,508 |
| WESTVIEW CAPITAL MGMT LLC | Other Service Provider | $7,977 | — | $7,977 |
| JEFFREY S POLINCHOCK, CPA | Other Service Provider | $5,750 | — | $5,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TOWERS WATSON DELAWARE INC — Recordkeeper
- DELAWARE CHARTER GUARANTEE & TRUST — Recordkeeper
- PGIM FIXED INCOME — Recordkeeper
- NEPC - LLC — Recordkeeper
- JP MORGAN INVESTMENT MGMT INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,516,722
- Estimated Expense Ratio: 0.296% 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 |