Wells Fargo & Company 401(K) Plan — Form 5500 plan (Wells Fargo & Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Wells Fargo & Company 401(K) Plan is a benefit plan reported by Wells Fargo & Company under EIN 41-0449260 and plan number 002. The latest loaded filing year is 2023. The filing reports 304,980 participants and $51,831,350,351 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wells Fargo & Company
- EIN
- 41-0449260
- Plan number
- 002
- Plan type
- 2
- Location
- San Francisco, CA
- Latest filing year
- 2023
- Participants
- 304,980
- End-of-year plan assets
- $51,831,350,351
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 304,980 | H, C | 20241007115126NAL0015120241001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,831,350,351
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,831,350,351
- Net assets (BOY)
- $45,285,811,503
Income & contributions
- Employer contributions
- $965,370,966
- Participant contributions
- $1,780,005,732
- Total contributions
- $2,936,141,557
- Total income / additions
- $11,947,582,192
Expenses & distributions
- Benefits paid
- $5,361,486,178
- Administrative expenses
- $5,455,622
- Total expenses
- $5,402,043,344
- Net increase / (decrease)
- $6,545,538,848
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | NONE | $2,717,269 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $2,674,753 | not reported in the loaded dataset | 2023 |
| Cowen & Company LLC | NONE | $0 | $323,682 | 2023 |
| Lazard Asset Management | NONE | $0 | $212,916 | 2023 |
| Stifel, Nicolaus & Company, Inc. | NONE | $0 | $84,667 | 2023 |
| Qdro Consultants Co LLC | NONE | $63,600 | not reported in the loaded dataset | 2023 |
| T. Rowe Price Trust Company | NONE | $0 | $0 | 2023 |
| Comerica Bank & Trust, Na | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wells Fargo & Company
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Francisco, CA
- Empower Annuity Ins Co Of America — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Cowen & Company LLC — Schedule C compensation
- Lazard Asset Management — Schedule C compensation
- Stifel, Nicolaus & Company, Inc. — Schedule C compensation
- Qdro Consultants Co LLC — Schedule C compensation
- T. Rowe Price Trust Company — Schedule C compensation
- Comerica Bank & Trust, Na — Schedule C compensation