401(k) Retirement Plan · Active
WELLS FARGO & COMPANY CASH BALANCE PLAN
WELLS FARGO & COMPANY·EIN 410449260
MAC N9310-110 · MINNEAPOLIS, MN 55415
Plan year
2024
Plan #
001
Industry
Filing ACK
202510060957…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$8278.8M
$0 per participant
Active participants
165,927
36.2% participation
Participation rate
36.2%
0th percentile
Annual return
2.01%
0th percentile
Admin expense
2.11%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2021
Clean
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry55, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$00th pctile
- Participation rate36.2%0th pctile
- Assets per participant$00th pctile
- Expense efficiency$1,0534th pctile
- Annual return2.01%0th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Return trend
Section 03
10-year trajectory2021 - 2024
How plan year 2024 played out
Asset flow
-$505.50M
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.0%
Peer average
0.4%
In line with peersPeer marker at 0.4%
Section 04
Service providers
Top 10 of 40 by compensation
| Provider | Service type | Compensation |
|---|---|---|
TOWERS WATSON DELAWARE INC Service code 12 | Claims processing; Direct payment fro... | $7,924,362 |
NISA INVESTMENT ADVISORS, LLC Service code 28 | Investment Management | $2,054,937 |
BLUE OWL GPSC ADVISORS LLC Service code 28 | Investment Management | $2,053,101 |
DELAWARE CHARTER GUARANTEE & TRUST Service code 21 | Bank Trustee | $1,665,410 |
PGIM FIXED INCOME Service code 28 | Investment Management | $1,313,451 |
PINEBRIDGE INVESTMENTS LLC Service code 28 | Investment Management | $1,023,306 |
FIAM LLC Service code 28 | Investment Management | $917,982 |
DODGE & COX Service code 28 | Investment Management | $911,613 |
DOUBLELINE CAPITAL LP Service code 28 | Investment Management | $892,505 |
GLOBAL INFRASTRUCTURE PARTNERS Service code 28 | Investment Management | $770,635 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1C1E1I3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1C1E1I3H
Plan features
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$0
Participant total$0
Employer / P$0
Participant / P$0
Expenses
Admin expenses$42,815,971
Per participant$1,053.49
% of assets0.52%
Fidelity bond
Coverage amount$100,000,000
% of assets1.21%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·410449260