Defined Benefit Plans

Wells Fargo & Company closed on the sale of our Institutional Retirement & Trust business to Principal Financial Group effective July 1, 2019.  There will be no immediate impacts to clients or plan participants and all plans and accounts will remain with Wells Fargo Institutional Retirement & Trust at this time. Customers will continue to access account information through this site and Wells Fargo Institutional Retirement & Trust relationship managers will continue to service all relationships. Clients will be contacted directly with additional details of the integration period.

Wells Fargo Institutional Retirement & Trust offers a comprehensive array of defined benefit services to help strengthen your retirement plan. We can help reduce your administrative burden, provide fiduciary support to safeguard your plan, and increase employee awareness of the benefits you provide.

Tailored services

We work with you to design a strategy to meet your needs and drive your plan's success.

Our services include:

  • Pension plan administration, trustee, and recordkeeping services
  • Actuarial and consulting expertise
  • Fast and secure online access to retirement plan information for both plan sponsors and participants
  • Benefit calculations and modeling
  • Comprehensive pension investment strategies
  • Participant communications, including comprehensive benefit statements

Consolidated administration

For employers who sponsor both a defined benefit and a defined contribution plan, Wells Fargo offers an integrated total retirement management program.