Introduction
Wells Fargo
www.wellsfargo.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #10 | $212,571 | |||
401(k) | $190,795 | |||
403(b) | $2,166 | |||
457 | $301 | |||
NQDC | $5,488 | |||
All Other | $13,821 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #9 | 3,457,517 | |||
<$10MM | 166,760 | |||
$10MM – $50MM | 444,459 | |||
>$50MM – $200MM | 638,357 | |||
>$200MM – $1BMM | 1,181,036 | |||
>$1B | 1,026,905 |
Service Offerings | |
---|---|
New client restrictions | None |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 9 |
Will act as §3(16) fiduciary | No |
Participant Services | |
---|---|
Call center hours | Weekdays: 7 a.m. - 11 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Financial Engines; Morningstar/Ibbotson |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | Yes |
Recordkeeping Platform WySTAR |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |