Executive Benefits

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.

If your company is seeking to attract and retain executives in a competitive environment, nonqualified benefit plans provide enhanced retirement savings and wealth accumulation alternatives for senior managers, officers, and directors. These plans can provide additional tax deferred savings and benefits accumulation in excess of retirement and 401(k) regulations and are an important element of compensation programs for key employee groups. Wells Fargo Institutional Retirement & Trust has a dedicated team, with more than 20 years' experience, that specializes in serving the complex nonqualified plan needs of Fortune 1000 companies.

Consulting and plan design

We will evaluate your organization’s deferred compensation program needs—while also considering the tax implications and retirement funding needs of your employees—and work closely with you to tailor a plan to your current business objectives. Our process involves an implementation methodology, evaluation of multiple funding strategies, and a thorough administration analysis.

Fiduciary services

Wells Fargo Institutional Retirement & Trust is an experienced Rabbi trust administrator and has facilitated nearly 250 change in control events.

Benefits security

Choosing to safeguard plan benefits with a Rabbi trust helps provide plan participants a greater measure of security. Wells Fargo Executive Benefits can help you design a Rabbi trust to help provide benefits security for your executives.

Communications and enrollment

We can provide employee education and communication and enrollment materials for your specific plan and participants. Our printed materials packages—as well as our interactive website—make it easy for your employees to get the details they need to make informed decisions.

Plan management and administration

Our nonqualified plan specialists help you manage your plan and provide you and your participants with sophisticated online administrative capabilities and flexible recordkeeping systems.

Plan funding

How you choose to fund your nonqualified benefit plan directly affects your company's financial statements and net income. We can help you evaluate liability accumulation, tax implications, alternative costs, and participant concerns associated with each of these benefit funding alternatives:

  • Pay-as-you-go
  • Company stock
  • Mutual funds
  • Corporate-owned life insurance