2104 employees reported this benefit
Wells Fargo offers employees an employer-matched 401(k) plan.
Your standard 401k plan most common plan
Lousy choices in options and clearly set up to earn the bank money and the Vesting is not as promised and company always looking for a way to cheat in excessive loads IE fees.
Easy to set up because it’s a bank. You decide how much you would like to put from each paycheck and can alter the amounts at any time through the phone on the Wells Fargo app and see what the balances are.
6% contribution match is awesome
Company match for internal 401k plan- Wells Fargo brand 401k and was easily manager internally
The company matches up to a certain percentage
Up to 6% match, don’t know if other companies do the same
They do a %6 match on the 401k which I hear is better than another employer I know.
They match 6% of your salary
No matching for the first year.