Wells Fargo & Company 401(k) Plan: Login, Facts & Contact Information

Wells Fargo & Company 401(k) Plan Facts

Plan name
WELLS FARGO & COMPANY 401(K) PLAN
Plan type
401(k) with employer contributions with a company-stock (ESOP) component
Plan sponsor
WELLS FARGO & COMPANY
Participants
288,416 (167,176 active employees)
Former employees with a balance
70,701
Plan assets
$57,886,997,456 at Dec 31, 2024
Average account balance
$233,985 across 247,396 accounts
Employer contributions
$1,028,810,596 in plan year 2024 (34% of all contributions)
Recordkeeper
Empower Annuity Ins Co Of America
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1953
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.99 billion went into the plan in contributions, $1.03 billion of it from the employer (34%).
  • $6.69 billion was paid out to participants.
  • Investment and other income added $9.80 billion.
  • Administrative expenses were $9.82 million, about $40 per account.

How the Wells Fargo & Company 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019349,262$48.2 billion$1.09 billion$3.55 billion
2020340,353$48.8 billion$1.01 billion$3.94 billion
2021332,619$56.4 billion$1.02 billion$5.15 billion
2022314,497$45.8 billion$1.03 billion$4.64 billion
2023304,980$51.8 billion$965.4 million$5.36 billion
2024288,416$57.9 billion$1.03 billion$6.69 billion

Wells Fargo & Company 401(k) Contact Information

Phone
877-479-3557
Mailing address
MAC N9310-110 550 S. 4TH STREET, MINNEAPOLIS MN 55415
Plan sponsor
WELLS FARGO & COMPANY
Plan administrator
HEAD OF HR, HEAD OF TOTAL REWARDS, AND HEAD OF BENEFITS
Employer identification number (EIN)
41-0449260
Plan number
002

Questions about the Wells Fargo & Company 401(k)

Does Wells Fargo & Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.03 billion, 34% of all contributions.

Does the Wells Fargo & Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Wells Fargo & Company 401(k) plan?

288,416 participants at the start of plan year 2024, 167,176 of them active employees, and 70,701 former employees who still had money in the plan.

What is the average 401(k) balance at Wells Fargo & Company?

About $233,985 per account: $57.9 billion in plan assets across 247,396 accounts with a balance at the end of plan year 2024.

Who manages the Wells Fargo & Company 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INS CO OF AMERICA) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Wells Fargo & Company. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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