Wells Fargo & Company 401(k): best low-cost funds
Wells Fargo & Company 401(k) Plan · Plan #002 · Minneapolis, MN
Suggested simple Boglehead mix
- US stocks (~60%): State Street S&P 500 Index K NL Collective Investment Fund
- International stocks (~20-30%): State Street International Index M Collective Investment Fund
- Bonds (~10-20%): State Street U.S. Bond Index NL M Collective Investment Fund
Fund names from the plan's public SEC Form 11-K for plan year 2024 (Schedule H, line 4i schedule of assets / fund list). Confirm they are on your current menu and check expense ratios. Adjust the bond share for your age and risk tolerance.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| State Street S&P 500 Index NL K index | State Street Global Advisors Trust Company | Common/collective trust | $8.0B |
| State Street Nasdaq 100 Indx NL CLM | State Street Global Advisors Trust Company | Common/collective trust | $5.3B |
| State Street S&P Midcap Indx NL CLM index | State Street Global Advisors Trust Company | Common/collective trust | $2.6B |
| State Street US Bond Index NL M index | State Street Global Advisors Trust Company | Common/collective trust | $2.0B |
| State Street Russell SM CAP Indx NL index | State Street Global Advisors Trust Company | Common/collective trust | $1.6B |
| State Street Target RET 2050 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.5B |
| State Street Target RET 2040 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.4B |
| State Street Target RET 2030 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.3B |
| State Street Target RET 2035 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.2B |
| State Street Target RET 2045 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.1B |
| MFS Large CAP Value Fund | MFS Heritage Trust Company | Common/collective trust | $1.1B |
| T Rowe Price Equity Income Trust | T. Rowe Price Trust Company | Common/collective trust | $1.1B |
| State Street Target RET 2025 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $1.1B |
| State Street International Index M index | State Street Global Advisors Trust Company | Common/collective trust | $1.0B |
| Brown Advisory Collective Trust | SEI Trust Company | Common/collective trust | $828.2M |
| Polen Focus Growth CIT 0 | SEI Trust Company | Common/collective trust | $828.2M |
| T Rowe Price Blue Chip Growth Trust | T. Rowe Price Trust Company | Common/collective trust | $828.2M |
| Jennison Growth Equity Fund 2 | Prudential Trust Company | Common/collective trust | $828.2M |
| LOS Angeles Capital CIT | SEI Trust Company | Common/collective trust | $828.2M |
| Blackrock Msci Acwi ESG Focus Indxf index | Blackrock Institutional Trust Company, NA | Common/collective trust | $682.3M |
| State Street Target RET 2055 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $652.4M |
| Sprucegrove CIT | SEI Trust Company | Common/collective trust | $309.0M |
| Causeway Collective Investment TR | SEI Trust Company | Common/collective trust | $309.0M |
| State Street Target RET 2020 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $296.3M |
| State Street Target RET 2060 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $293.8M |
| Wellington Small CAP Value CIF | Wellington Trust Company, NA | Common/collective trust | $270.5M |
| Westfield Small CAP Growth EQ CIT | Comerica Bank & Trust, NA | Common/collective trust | $270.0M |
| Peregrine Small CAP Value | SEI Trust Company | Common/collective trust | $270.0M |
| William Blair Small CAP Growth CIF | Global Trust Company | Common/collective trust | $270.0M |
| State Street Emerging Mkts Index A index | State Street Global Advisors Trust Company | Common/collective trust | $247.4M |
| State Street Target RET INC NL FC A | State Street Global Advisors Trust Company | Common/collective trust | $238.5M |
| Acadian Collective Investment Trust | SEI Trust Company | Common/collective trust | $233.8M |
| Lazard Emerging Markets CIT | Great Gray Trust Company, LLC | Common/collective trust | $167.0M |
| Principal Diversified Real Asst III | Principal Global Investors Trust Company | Common/collective trust | $117.3M |
| State Street Target RET 2065 NL FC | State Street Global Advisors Trust Company | Common/collective trust | $101.7M |
| State Street Real Asset NL Series A | State Street Global Advisors Trust Company | Common/collective trust | $39.1M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $3.9B | 6.8% |
| Common/collective trusts | $39.2B | 67.7% |
| Employer securities (company stock) | $10.2B | 17.7% |
| Participant loans | $711.0M | 1.2% |
| Other investments | $3.8B | 6.6% |
Fees paid from plan assets
| Investment advisory & management fees | $3.4M |
| Other administrative fees | $66,300 |
| Total administrative expenses | $9.8M |
Reported administrative expenses were about 0.018% of average plan assets, or about $40 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20250910122413NAL0013437923001. EIN 410449260.
FAQ
What are the best low-cost funds in the Wells Fargo & Company 401(k)?
Based on public filings, index options include State Street S&P 500 Index K NL Collective Investment Fund (US stocks), State Street International Index M Collective Investment Fund (international stocks) and State Street U.S. Bond Index NL M Collective Investment Fund (bonds). Confirm them against your current plan menu and fee disclosure.
Can I build a three-fund portfolio in the Wells Fargo & Company 401(k)?
It appears so: the filing lists a US stock index fund, an international index fund and a bond index fund. The split between them depends on your own goals and risk tolerance.
How big is the Wells Fargo & Company 401(k) plan?
The plan reported about $57.9B in net assets and 247,396 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
Other holding companies employers
- Bank Of America Corporation
- Capital ONE Financial Corporation
- The Allstate Corporation
- State Street Corporation
- TD Bank US Holding Company
- Lincoln National Corporation