7 more advisers, 12 more managers, 65 more commitments and 17 more dated events

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Wells Fargo & Company Cash Balance Plan

Corporate pension· Minneapolis, Minnesota

Corporate pension, based in Minneapolis, Minnesota, reporting $8.3B in assets, for 174,938 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$8.3B
Funded ratio
86.9%
Fund commitments
23
Managers
14
Open searchesPlans backing its top managerSimilar plans, same strategy
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Commitments (23)Allocation policyConsultants
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2024, Wells Fargo & Company Cash Balance Plan no longer reports BNY Mellon Newton Global Real Retur (BNY Mellon) (last held $32M at 2023-12-31; absent from the 2024-12-31 filing).

Capital path

who backs this record, through what, into what; each name opens its own path
Wells Fargo & Company Cash Balance Plan
Funds committed to
All 23
Managers
All 15
Size, funding, policy and commitments, with their basesCorporate pensionShow
Corporate pension
Assets
$8.3B
Total assets, Dec 31, 2024 reported
Funded
86.9%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
23
14 managers on Schedule C
Plan sponsor: Wells Fargo & Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.0%
  • Corporate debt instruments (other) 46.2%
  • U.S. Government securities 23.9%
  • Employer securities 0.0%
  • Insurance company general account 0.1%
  • Other investments 3.9%
  • Partnership/joint venture interests 3.9%
  • Common/collective trusts 9.8%
  • Registered investment companies 4.5%
  • Common stock 6.7%
  • Preferred stock 0.0%
Consultants and advisers
10 firms

+7 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

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People
No investment staff or executives have been read for this allocator yet.
Manager roster
15 managers on the commitment tape
From the plan’s own commitment disclosures

+12 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

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From Schedule C (investment management, code 28)

+45 more Schedule C managers

Every name, record and relationship behind this count, with the source on each.

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What changed
22 events
  • Dec 31, 2024Holding endedinference
    Wells Fargo & Company Cash Balance Plan no longer reports BNY Mellon Newton Global Real Retur (BNY Mellon) (last held $32M at 2023-12-31; absent from the 2024-12-31 filing)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Lord, Abbett & Co. LLC appears on Wells Fargo & Company Cash Balance Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Lord, Abbett & Co LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Westview Capital Mgmt LLC appears on Wells Fargo & Company Cash Balance Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Westview Capital Mgmt LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Norvestor VI, LP no longer appears on Wells Fargo & Company Cash Balance Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Norvestor VI, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Loomis, Sayles & Co. appears on Wells Fargo & Company Cash Balance Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Loomis Saylesaskebsa.dol.gov

+17 more dated events

Every name, record and relationship behind this count, with the source on each.

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
68 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Acadian International Small Cap Funcollective trustAcadian Intl Small CapPublic equity$30.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Brown Advisory Sustainable Growth Ccollective trustSeiPooled vehicles$10.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St S&p 500 Flagship Sec Lendicollective trustState Street Global Advisors Trust CompanyPooled vehicles$127M heldDisclosed holdingaskebsa.dol.gov

+65 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

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Size and funding
33 readings
Total assets
$8.3B Dec 31, 2024 reported Form 5500
$8.8B (2023-12) · $8.8B (2022-12)
Plan assets
$8.5B Jan 1, 2024 reported Form 5500
$8.5B (2023-01) · $11B (2022-01)
Net assets
$8.2B Dec 31, 2024 reported Form 5500
$8.8B (2023-12) · $8.7B (2022-12)
Funded ratio
86.9% Jan 1, 2024 reported Form 5500
89.3% (2023-01) · 105.1% (2022-01)
Funding target
$7.6B Jan 1, 2024 reported Form 5500
$7.8B (2023-01) · $8.0B (2022-01)
Discount rate
5.06% Jan 1, 2024 reported Form 5500
5.19% (2023-01) · 5.34% (2022-01)
Participants
174,938 Jan 1, 2024 reported Form 5500
197,076 (2023-01) · 205,213 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$682M Dec 31, 2024 reported Form 5500
$640M (2023-12) · $970M (2022-12)
Net investment income
-$513M Dec 31, 2024 reported Form 5500
$27.3M (2023-12) · -$3.0B (2022-12)
Investment management fees
$12.9M Dec 31, 2024 reported Form 5500
$13.0M (2023-12) · $14.3M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024174,938$8.5B$7.6B86.9%$8.3B$324MNot disclosedNot disclosed
2023 to Dec 31, 2023197,076$8.5B$7.8B89.3%$8.8B$349MNot disclosedNot disclosed
2022 to Dec 31, 2022205,213$11B$8.0B105.1%$8.8B$353MNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+201 more service providers

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Provenance
Identifiers: EIN-PN 410449260-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 29, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.
Capital chain

Wells Fargo & Company Cash Balance Plan sits on 20 traced paths of capital across the graphs.

Consultant to allocator to manager

DFX traced 20 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

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Record history

22 dated events on the change ledger, latest first
  • Holding in a pooled vehicle ended
    2024-12-31source
  • Funded status changed
    2023-01-01source
  • Funded status changed
    2024-01-01source

+19 more changes on this record's ledger

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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+59 connections on the graph

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