401(k) · DOL Form 5500 · 2022
Wells Fargo & Company 401(k) Plan
Data updated 2026-08-25
- $45.8B
- Total assets Mega-plan scale
- 205,865
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $222,309
- Avg per participant Above avg balance/head
Official DOL plan name: Wells Fargo & Company 401(k) Plan · Sponsored by Wells Fargo & Company · California · Management of Enterprises
$45.8B in assets, 205,865 participants
Wells Fargo & Company's Wells Fargo & Company 401(k) Plan reported $45.8B in total assets and 205,865 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #1,192 in Management of Enterprises (1,193 peers)
Coverage in California
Wells Fargo & Company 401(k) Plan covers 205,865 participants in California, 327x the typical California plan (state average ~630 per filing). Assets: $45.8B.
- #1,192
- in Management of Enterprises (1,193 peers)
- -18.9%
- assets change YoY
- 459×
- vs typical plan assets (national mean)
The plan reported a net loss of $10.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Wells Fargo & Company 401(k) Plan's outsized position by total assets
Wells Fargo & Company 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$45,765,616,608 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Wells Fargo & Company 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wells Fargo & Company 401(k) Plan is a mega filing (205,865 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 410449260 · Wells Fargo & Company PY 2022 · 401(k)
Wells Fargo & Company 401(k) Plan · $45.8B · 205,865 · 100th
- EIN $45.8B
- RANK 205,865
- PHOTO 100th
- IND 401(k)
- EOY near The Bank of America 401(k) Plan
- 5500 ind #1192
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in California →
Wells Fargo & Company 401(k) Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $56.4B |
|---|---|
| Net Assets (End of Year) | $45.3B |
| Net Income | -$10.5B |
| Employer EIN | 410449260 |
| Plan Effective Date | 1953-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wells Fargo & Company)
Sponsor-wide plan assets over time
All Wells Fargo & Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $66.2B 21.282610322087823% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 265,006 | $54.6B |
| 2023 | 3 | 247,447 | $60.7B |
| 2024 | 3 | 225,951 | $66.2B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
- Kaiser Permanente 401(k) Retirement Plan $16.1B · 131,955
Scale composition for Wells Fargo & Company 401(k) Plan
Wells Fargo & Company 401(k) Plan reports $45.8B in end-of-year assets across 205,865 participants (0.37% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.22% of 93,925,755 covered participants) - about $222,309 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$10.5B.
This plan identity (EIN 410449260, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $45.8B to $57.9B (+26.5%) while covered participants moved from 205,865 to 179,076 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 205,865 | $45.8B | This page |
| 2023 | 193,919 | $51.8B | Open filing |
| 2024 · index core | 179,076 | $57.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Wells Fargo & Company 401(k) Plan (401(k), $57.9B, 179,076 participants)
- Wells Fargo & Company Cash Balance Plan (Defined Benefit (Pension), $8.3B, 46,875 participants)
Wells Fargo & Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is The Bank of America 401(k) Plan in NC ($47.1B); by covered participants it is The Kroger Co. Savings Plan in OH (209,608 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45.8B here).
- The Bank of America 401(k) Plan (NC) $47.1B · 169,036
- Lockheed Martin Corporation Salaried Savings Plan (MD) $43.6B · 87,666
- United Technologies Corporation Employee Savings Plan (CT) $48.9B · 55,762
- Microsoft Corporation Savings Plus 401(k) Plan (WA) $39.6B · 109,797
Similar participant headcount
Nearest other-state filings by covered participants (205,865 participants); asset peers above are excluded.
- The Kroger Co. Savings Plan (OH) 209,608 · 3,743 off
- Fedex Corporation Retirement Savings Plan (TN) 220,835 · 14,970 off
- Compass Group Retirement Plan (NC) 222,964 · 17,099 off
- Dollar General Corp 401(k) Savings and Retirement Plan (TN) 185,609 · 20,256 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.