UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________________

FORM 11-K

ANNUAL REPORT

PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

[X]        Annual Report Pursuant to Section 15(d) of the Securities Exchange Act of 1934

For the Fiscal Year Ended December 31, 2024

OR

[ ]        Transition Report Pursuant to Section 15(d) of the Securities Exchange Act of 1934

For the transition period from ___________ to ____________.

Commission file number 001-02979

_______________________________________

A.Full title of the plan and the address of the plan, if different from that of the issuer named below:

Wells Fargo & Company 401(k) Plan

c/o Wells Fargo & Company

550 S. 4th Street

Minneapolis, MN 55415

B.Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Wells Fargo & Company

420 Montgomery Street

San Francisco, CA 94104

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WELLS FARGO & COMPANY 401(k) PLAN
Table of Contents
			Page
Report of Independent Registered Public Accounting Firm			1
Financial Statements:
Statements of Net Assets Available for Benefits as of December 31, 2024 and 2023			2
Statement of Changes in Net Assets Available for Benefits for the year ended December 31, 2024			3
Notes to Financial Statements			4
Supplemental Schedule:
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2024			14
Signatures			40
Exhibit Index			41

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Report of Independent Registered Public Accounting Firm

To the Plan Participants and Plan Administrator

Wells Fargo & Company 401(k) Plan:

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of Wells Fargo & Company 401(k) Plan (the Plan) as of December 31, 2024 and 2023, the related statement of changes in net assets available for benefits for the year ended December 31, 2024, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2024 and 2023, and the changes in net assets available for benefits for the year ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Accompanying Supplemental Information

The Schedule H, line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2024 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ KPMG LLP        

We have not been able to determine the specific year that we began serving as the Plan’s auditor; however, we are aware that we have served as the Plan’s auditor since at least 1989.

Cleveland, Ohio

June 18, 2025

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WELLS FARGO & COMPANY 401(k) PLAN
Statements of Net Assets Available for Benefits
December 31, 2024 and 2023
						2024						2023
Assets:
Investments, at fair value						$	53,449,351,051					46,931,811,897
Investments, at contract value						3,935,809,874						4,414,684,914
Total investments						57,385,160,925						51,346,496,811
Notes receivable from participants						792,666,444						798,107,600
Total assets						58,177,827,369						52,144,604,411
Net assets available for benefits						$	58,177,827,369					52,144,604,411
See accompanying notes to financial statements.

2

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WELLS FARGO & COMPANY 401(k) PLAN
Statement of Changes in Net Assets Available for Benefits
Year ended December 31, 2024
Additions to net assets attributed to:
Investment income:
Net appreciation in fair value of investments						$	9,095,414,370
Interest and dividends						595,587,835
Total investment income						9,691,002,205
Contributions:
Employer						1,028,810,596
Participants						1,744,071,399
Rollovers						219,851,879
Total contributions						2,992,733,874
Interest income from notes receivable from participants						61,401,853
Other income						21,566,565
Total additions to plan assets						12,766,704,497
Deductions to net assets attributed to:
Benefits paid to participants						6,723,663,332
Administrative expense						9,818,207
Total deductions from plan assets						6,733,481,539
Net increase						6,033,222,958
Net assets available for benefits:
Beginning of year						52,144,604,411
End of year						$	58,177,827,369
See accompanying notes to financial statements.

3

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

(1)Description of Plan

The following description of the Wells Fargo & Company 401(k) Plan (the “Plan”) provides only general information. Participants should refer to the Plan document, as amended, for a more complete description of the Plan’s provisions.

(a)General

The Plan is a defined contribution plan with a 401(k) feature sponsored by Wells Fargo & Company (the “Company”, “Wells Fargo” or “Plan Sponsor”). A portion of the Plan invested in Company stock is an Employee Stock Ownership Plan (ESOP). All subsidiaries of the Company with U.S.-based employees are participating employers in the Plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, and the Internal Revenue Code (IRC), as amended.

The Plan Administrator is the Plan Sponsor’s Head of Human Resources (or the functional equivalent title of the most senior position in Human Resources), the Head of Total Rewards (or the functional equivalent title of the most senior position in Human Resources over compensation and benefit plans or programs other than the Head of Human Resources), and the Head of Benefits (or the functional equivalent title of the most senior position in Human Resources benefit plans and programs other than the Head of Human Resources and the Head of Total Rewards), each of whom may act individually or jointly as the Plan Administrator, or its authorized delegate. The Plan Administrator hired Empower Retirement, LLC to serve as the recordkeeper (“Recordkeeper”). Empower Trust Company, LLC is the Plan Trustee (“Trustee”).

The Plan is not considered a safe harbor plan under the IRC and is subject to annual nondiscrimination testing requirements.

(b)Eligibility

Employees eligible to participate in the Plan generally include regular and fixed term employees employed by a participating employer who have completed one full calendar month of service. Effective January 1, 2024, the Plan was amended and restated to permit flexible employees and interns to be qualified employees and set a minimum eligibility age of 18.

Employees, who satisfy the Plan’s eligibility requirements, become eligible to make salary deferral contributions on the first day of the month following one calendar month of service. Employees may be eligible to receive employer matching contributions and base contributions, after completion of one year of vesting service and satisfaction of other eligibility requirements.

(c)Contributions and Vesting

Each year, eligible participants may make salary deferral contributions, subject to certain limitations, from 1% to 50% of their certified compensation, as defined in the Plan. Salary deferral contributions are eligible to be matched by the Company after one year of service. Participants age 50 or older can make catch‑up salary deferral contributions each year in accordance with limits set by the IRS. Catch‑up contributions are generally not eligible for employer matching contributions. Participants are fully vested in their salary deferral contributions.

Employer contributions consist of two components: matching contributions and base contributions. To be eligible to receive these contributions, a participant must be employed on December 15 of the plan year, with certain exceptions. Termination of employment on or after normal retirement age, disability, and death are the three exceptions to the December 15 employment rule to be eligible for employer match and base contributions.

    4    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

Matching contributions are equal to 100% of salary deferral contributions up to 6% of participant’s eligible certified compensation in the plan year and are paid at year-end. Matching contributions for eligible employees hired January 1, 2021 or after are subject to 3-year cliff vesting. Eligible employees hired prior to January 1, 2021 are 100% vested in their current and future matching contributions. New matching contributions received on or after January 1, 2024 are invested according to the participant’s investment elections on file on the date the matching contribution is made.

Base contributions are generally equal to 1% of an eligible participant’s certified compensation for the plan year. To be eligible to receive this contribution, a participant must have completed one year of service and the sum of the participant’s certified compensation and elective deferrals to the Wells Fargo & Company Deferred Compensation Plan for the plan year must be less than $75,000. Base contributions are subject to 3-year cliff vesting. Base contributions are invested in accordance with participants’ investment elections on file from their choice of the available investment options offered within the Plan, or the Plan’s qualified default investment alternative, if an election is not on file.

Plan participants may also elect to roll over distributions from a former employer’s qualified retirement plan or a qualified Individual Retirement Account (IRA) to the Plan.

(d)Participant Accounts

Each participant’s Plan account is credited with the participant’s salary deferral contributions, any rollover contributions, the Company’s matching contributions and base contributions which are subject to investment gains and losses. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested Plan account. Each participant may elect to reallocate their plan account balance, including all or a portion of the participant’s account that is invested in the Wells Fargo ESOP Fund.

(e)Payment of Benefits and Forfeitures

While employed, a participant may make withdrawals from his or her Plan account (as allowed under Plan provisions and IRS regulations). Certain restrictions associated with withdrawals, as described in the Plan, may be waived in the event a participant demonstrates financial hardship.

Upon termination of employment or disability (as defined by the Plan), a participant may elect to receive his or her vested Plan account balance as a lump sum, a partial lump sum distribution, or as periodic installment payments. Beneficiaries do not have the right to elect installment payments for distributions commencing on or after January 1, 2022. Prior to January 1, 2021, the option of installment payments was only available to participants who commenced installment payments prior to January 1, 2010. Certain participants with grandfathered benefits from plans merged into the Plan may also take their benefit as an annuity. Distributions from all funds are made in cash; however, a participant invested in the Company’s common stock may elect to receive shares of the Company’s common stock in-kind with the value of fractional shares paid in cash. If the participant’s balance is, or becomes less than $1,000, following termination, a distribution is made as a lump sum, unless the participant elects to roll over their account balance. Effective January 1, 2024, the plan was amended and restated to add a plan provision to permit automatic rollover to an IRA for plan participants who have a plan account balance of $7,000 or less, but greater than $1,000 following termination of employment, if the participant has not elected a lump sum or direct rollover.

When a participant terminates employment or becomes disabled, he or she is entitled to distribution of his or her total vested account balance. The nonvested portion is forfeited and serves to reduce future employer contributions, pay plan administrative expenses, or make corrective adjustments to participants’ accounts. Forfeitures used to offset employer contributions were $8,731,355 for the

    5    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

year ended December 31, 2024. The forfeiture account balance was $0 for both years ended December 31, 2024 and 2023.

(f)Notes Receivable from Participants

Two types of loans are available to participants under the Plan: general purpose and principal residence. General purpose loans may be obtained for periods of up to five years. Principal residence loans are available only to finance the purchase or construction of the participant’s principal residence and may not exceed 20 years. Participants may have two loans outstanding at any time, one of which may be a principal residence loan. The maximum amount of any loan, when added to the balance outstanding on all other loans to the participant, may not exceed the lesser of (1) $50,000 reduced by the excess (if any) of (A) the highest outstanding balance of loans from the Plan to the participant during the one-year period ending on the day before the date on which the loan is made, over (B) the outstanding balance of loans from the Plan to the participant on the date on which the loan is made, or (2) one-half of the value of the participant’s vested account balance on the date on which the loan is made. The minimum principal amount for any loan is $500. The loan interest rate is 2% above the prime rate published in the Wall Street Journal on the origination date of the loan.

Repayments on loans are generally made through biweekly payroll deductions and are allocated to the participant’s account and invested according to the participant’s investment elections. Upon termination of employment from Wells Fargo, participants may pay off their loan in full or elect to continue to make loan payments directly to the 401(k) Plan. As of December 31, 2024 and 2023, interest rates ranged from 3.25% to 11.50% and loans mature through December 31, 2044 and December 26, 2043, respectively.

(g)Investment Options

Salary deferral contributions, base contributions, and matching contributions are invested in accordance with participants’ investment elections on file from their choice of the available investment options offered within the Plan, or the Plan’s qualified default investment alternative, which is the age-appropriate target date fund, if an election is not on file.

The Plan document requires that Company common stock be offered as an available investment option to participants through the Wells Fargo ESOP Fund. The Plan Sponsor’s Employee Benefit Review Committee (the “Committee”) has discretion under the Plan to select additional investment alternatives to be offered to participants. Under the terms of a trust agreement, between the Company and the Trustee, the Trustee manages the Plan’s assets in one or more funds (“Trust”) on behalf of the Plan, except to the extent the Trustee is directed by the Committee.

(2)Summary of Significant Accounting Policies

(a)Basis of Presentation

The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles.

(b)Administrative Expenses

All costs and expenses of administering the Plan and Trust are paid by the Company, except for certain investment management fees, which are netted against investment returns and a portion of the recordkeeping fees. Fees for managed account advisory services, overnight delivery charges, and administration of qualified domestic relation orders provided by an independent third-party are charged directly to participant accounts only for individuals that use these services.

    6    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

(c)Fair Value Definition and Hierarchy

Investments are reported at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on an exit price notion that maximizes the use of observable inputs and minimizes the use of unobservable inputs.

The Plan classifies its assets and liabilities measured at fair value based upon a three-level hierarchy that assigns the highest priority to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs. The three levels are as follows:

•Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets.

•Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model‑based valuation techniques, for which all significant assumptions are observable in the market.

•Level 3 – Valuation is generated from model‑based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models, market comparable pricing, option models and similar techniques.

(d)Investments and Income Recognition

Purchases and sales of securities are recorded on the trade-date basis. Interest income is recorded on the accrual basis. Dividends on common stock are allocated based upon participant account holdings in Company common stock held in the Wells Fargo ESOP Fund on the record date and are recorded in the Trust on the dividend payment date. Net appreciation or (depreciation) includes gains and or losses on investments bought and sold as well as held during the year.

(e)Notes Receivable from Participants

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are reclassified as deemed distributions based upon the terms of the Plan and Plan loan rules, as determined by the Plan Administrator.

(f)Risks and Uncertainties

The Plan may invest in various types of investment securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the statements of net assets available for benefits.

(g)Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles may require management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.

(h)Payment of Benefits

Benefits are recorded when paid.

    7    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

(3)Wells Fargo ESOP Fund

The Wells Fargo ESOP Fund consists predominantly of shares of Wells Fargo & Company Common Stock. The Plan’s investment in the Company’s common stock was $10,218,099,891 and $9,314,738,444 as of December 31, 2024 and 2023, respectively. The quoted market price of the Company’s common stock was $70.24 and $49.22 as of December 31, 2024 and 2023, respectively.

Participants may elect to have dividends on their vested accounts held in the Wells Fargo ESOP Fund paid to them in cash or have the dividends automatically reinvested in additional shares of Company common stock in the Wells Fargo ESOP Fund. The dividend will be automatically reinvested in the Plan if: (i) a participant makes no election, (ii) if the total vested dividend for a participant is less than $5, or (iii) the participant is deceased. In 2024, the Company paid $242,680,738 to the participants for dividends on common stocks held directly.

Each participant is entitled to exercise voting rights attributable to the Company common stock allocated to his or her Plan account and is notified by the Trustee prior to the time that such rights are to be exercised. The Trustee will vote all shares of Company common stock held in the Wells Fargo ESOP Fund in proportion to “votes” cast by participants.

(4)Investments Valued at Contract Value

(i)Description

The Wells Fargo Stable Value Fund (the “Stable Value Fund”) primarily invests in security-backed contracts issued by insurance companies and other financial institutions. The security-backed contracts held in the Stable Value Fund guarantee a fixed return to its investors, resulting in it being considered a fully benefit responsive investment contract.

A security-backed contract is an investment contract (also known as a synthetic guaranteed investment contract (GIC) or a separate account GIC) issued by an insurance company or other financial institution, backed by a portfolio of bonds. The bond portfolio is either owned directly by the Stable Value Fund or owned by the contract issuer and segregated in a separate account for the benefit of the Stable Value Fund. The portfolio underlying the contract is maintained separately from the contract issuer’s general assets, usually by a third-party custodian. The issuer guarantees that all qualified participant withdrawals will be at contract value. In the case of a full liquidation event, the issuer is responsible for covering any amount by which the contract value exceeds the fair value of the underlying portfolio.

(ii)Valuation of Underlying Investments

Security-backed contracts are carried at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by participants when they initiate permitted transactions under the terms of the Plan. The contract rate resets periodically, normally each quarter or semi-annually, using end-of-period data.

(iii)Withdrawal and Termination Provisions

All security-backed contracts held by the Stable Value Fund are fully benefit responsive, which means withdrawals from these investment contracts may be made at contract value for qualifying benefit payments, including participant‑directed transfers.

Security-backed contracts that permit the issuer to terminate at fair value generally provide that the Stable Value Fund may elect to convert such termination to an amortization election as described below. In addition, if the Stable Value Fund defaults in its obligations under the contract (including the issuer’s determination that the agreement constitutes a nonexempt prohibited

    8    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

transaction as defined under ERISA), and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and the Stable Value Fund will receive the fair value as of the date of termination. Each contract recognizes certain “events of default” which can invalidate contracts’ coverage. Among these are investments outside of the range of investments which are permitted under the investment guidelines contained in the investment contract, fraudulent or other material misrepresentations made to the investment contract provider, changes of control of the investment adviser not approved by the contract issuer, changes in certain key regulatory requirements, or failure of the Plan to be tax qualified.

Security‑backed contracts also generally provide for withdrawals associated with certain events, which are not in the ordinary course of Plan operations. These withdrawals are paid with a market value adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer specifies the events, which may trigger a market value adjustment; however, such events may include, but not limited to, the following:

•material amendments to the Plan’s structure or administration;

•complete or partial termination of the Plan, including a merger with another plan;

•the failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA;

•withdrawals due to the removal of a specifically identifiable group of employees from coverage under the participating plan (such as a group layoff or early retirement incentive program), the closing or sale of a subsidiary, employing unit, or affiliate, the bankruptcy or insolvency of a plan sponsor, the merger of the Plan with another plan, or the Plan sponsor’s establishment of another tax qualified defined contribution plan;

•any change in law, regulation, ruling, administrative or judicial position, or accounting requirement, applicable to the Plan or participating plans; and

•the delivery of any communication to Plan participants designed to influence a participant not to invest in the Plan.

At this time, the Stable Value Fund manager does not believe that the occurrence of any such market value event, which would limit the Plan’s ability to transact at contract value with participants, is probable.

(iv)Wrapper Contract Fees

The Stable Value Fund pays wrapper contract fees to the security-backed contract issuers to assure contract liquidity for plan participant‑directed withdrawals. Annual investment management fees in 2024 were $240,158 based on separate agreements for various types of instruments.

(5)Fair Value Measurements

The Plan classifies its investments recorded at fair value as either Level 1, 2, or 3 in the fair value hierarchy. The highest priority (Level 1) is assigned to valuations based on unadjusted quoted prices in active markets and the lowest priority (Level 3) is assigned to valuations based on significant unobservable inputs.

In the determination of the classification of financial instruments in Level 2 or Level 3 of the fair value hierarchy, the Plan considers all available information, including observable market data, indications of market liquidity and orderliness, and its understanding of the valuation techniques and significant inputs used. Judgments are made regarding the significance of the Level 3 inputs to the instruments’ fair value

    9    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

measurement to its entirety. If unobservable inputs are considered significant, the instrument is classified as Level 3.

The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2024 and 2023.

Investments in mutual funds are valued at fair value based upon quoted prices in an active market. Mutual funds include money market funds, which are priced at $1.00 per share.

Investments in collective investment funds are redeemable daily at net asset value (“NAV”), which is the readily determinable fair value. The price per share is quoted on a private market; however, the price per share is based on the value of the underlying investments, which are traded on an active market.

Investments in multi-manager funds are comprised of publicly traded mutual funds, which are valued at fair value based upon quoted prices in an active market, and collective investment funds that are valued at NAV. The NAV is based upon the value of the underlying investments which are traded on an active market.

Investments in the Stable Value Fund’s collective investment funds that are not an underlying investment of a fully benefit responsive contract are valued at NAV as described above.

Investments in the Company’s common stock are valued at quoted market price.

The Wells Fargo ESOP Fund is structured as a unitized account that holds Wells Fargo common stock that are valued at quoted market prices and a percentage of money market funds that are valued at fair value as described above. The money market funds are used to provide daily liquidity for the fund.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following tables sets forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2024 and 2023, respectively:

						December 31, 2024
						Level 1						Level 2						Level 3						Total
Collective investment funds						$	—					30,014,008,564						—						30,014,008,564
Mutual funds						1,578,497,672						—						—						1,578,497,672
Multi-manager funds:
Collective investment funds						—						9,175,446,613						—						9,175,446,613
Mutual funds						2,341,987,965						—						—						2,341,987,965
Total multi-manager funds						2,341,987,965						9,175,446,613						—						11,517,434,578
Stable Value Fund
Collective investment funds						—						121,310,346						—						121,310,346
Company common stock						10,218,099,891						—						—						10,218,099,891
Total investments     at fair value						$	14,138,585,528					39,310,765,523						—						53,449,351,051

    10    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

						December 31, 2023
						Level 1						Level 2						Level 3						Total
Collective investment funds						$	—					25,604,849,468						—						25,604,849,468
Mutual funds						1,232,795,246						—						—						1,232,795,246
Multi-manager funds:
Collective investment funds						—						8,369,971,717						—						8,369,971,717
Mutual funds						2,330,297,876						—						—						2,330,297,876
Total multi-manager funds						2,330,297,876						8,369,971,717						—						10,700,269,593
Stable Value Fund
Collective investment funds						—						79,159,146						—						79,159,146
Company common stock						9,314,738,444						—						—						9,314,738,444
Total investments     at fair value						$	12,877,831,566					34,053,980,331						—						46,931,811,897

(6)Related Party Transactions and Party-in-Interest

The Plan allows participants to invest in Company common stock within the Wells Fargo ESOP Fund.

The Plan engaged in transactions involving acquisition or disposition of units of participation in certain investments managed by a subsidiary of Allspring Global Investments, LLC (“Allspring”) through December 4, 2023. The Company has a noncontrolling interest in Allspring, which may be considered a party-in-interest with respect to the Plan. Such transactions, even if considered parties-in-interest transactions under ERISA regulations, are covered by an exemption from the “prohibited transaction” provisions of ERISA and the IRC. Additionally, the Stable Value Fund manager is a subsidiary of Allspring and the Company pays the investment management fees of such affiliate that are associated with the Stable Value Fund.

(7)Other Income

The Plan periodically receives monies from litigation settlements or other residual proceeds (“Proceeds”) related to the Plan, or prior plans that merged into the Plan, in which the Plan Administrator or their delegate is typically responsible for determining how these Proceeds will be allocated to the Plan.

These Proceeds are deposited into a Plan level interest-bearing account and are included as investments at fair value on the statements of net assets available for benefits and in other income on the statement of changes of net assets available for benefits until the Plan Administrator directs the recordkeeper and Trustee to allocate the Proceeds and accrued interest, in accordance with the plan of allocation.

(8)Tax Status

The Internal Revenue Service (IRS) has determined and informed the Company by a letter dated August 2, 2017, that the Plan and related Trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended and restated since receiving the determination letter, the Plan Administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC, and therefore believe that the Plan is qualified, and the related Trust is tax-exempt.

Accounting principles generally accepted in the United States of America require the Plan Administrator to evaluate tax positions taken by the Plan and recognize a tax liability, if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of

    11    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

December 31, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

(9)Regulatory Matters

By a letter dated August 25, 2020, the Plan Sponsor received written notice from the IRS that the Plan was selected for examination of the Plan year ended December 31, 2018. The IRS requested certain Plan information and documents that the Plan Sponsor has provided. By letter dated March 13, 2024, the Plan Sponsor received written notification that the IRS completed the examination with no change.

(10)Plan Termination

Although it has not expressed any intent to do so, the Company by action of its Board of Directors reserves the right to terminate the Plan at any time. In the event of Plan termination, participants shall become 100% vested in their accounts.

(11)Legal Actions

The following class actions lawsuits have been brought on behalf of Plan participants and beneficiaries:

a)On September 26, 2022, Plan participants filed a putative class action against the Company and others (Randall v. GreatBanc Trust Company, et. al., Case No. 22-cv-02354 (D. Minn.)). The lawsuit alleges that the defendants are fiduciaries and that they breached their fiduciary duties under the ERISA and violated other provisions of ERISA in connection with certain employee stock ownership plan loan transactions.

On December 16, 2022, defendants filed a motion to dismiss the complaint. On January 6, 2023, plaintiffs filed an amended complaint and sought certain jurisdictional discovery. On March 28, 2023, the court granted plaintiffs’ motion seeking certain jurisdictional discovery.

On July 25, 2023, defendants filed a motion to dismiss plaintiffs’ first amended complaint. On February 13, 2024, the Court denied defendants’ motion to dismiss. Defendants filed answers on March 11, 2024. Fact discovery has been completed, and the parties filed cross-motions for summary judgment.

b)On June 11, 2024, a former Wells Fargo employee filed a putative class action in the United States District Court for the Northern District of California against Wells Fargo, the Human Resources Committee of the Board of Directors, the Employee Benefits Review Committee, and other unnamed defendants (Matula v. Wells Fargo & Co., et al., Case 3:24-cv-03504-LB (N.D. Ca.)). The complaint alleges that defendants breached their fiduciary duties by using forfeited 401(k) Plan assets to reduce the Company’s employer contributions instead of distributing the assets to participants or using the assets to reduce Plan administrative expenses.

On September 18, 2024, the court granted the parties’ stipulation to transfer the action to the District of Minnesota. Defendants’ motion to dismiss was filed on October 18, 2024. The court held a hearing on defendants’ motion to dismiss on May 6, 2025.

(12)Subsequent Events

The Plan has evaluated subsequent events from December 31, 2024 through June 18, 2025, the date on which the financial statements were issued. Except as noted below, there have been no material events that would require additional recognition in the financial statements or disclosures to the financial statements.

Effective January 1, 2025, the Plan was amended and restated. In connection with this restatement, the Plan was amended to (i) adopt disaster relief distributions in accordance with SECURE Act 2.0, and (ii)

    12    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN

Notes to Financial Statements

December 31, 2024

update the automatic rollover provisions of the Plan to an IRA to include account balances of $1,000 or less, which were previously distributed as a cash lump sum.

Effective February 1, 2025, the Plan was revised to update the distribution options related to the portions of participant account balances under the Plan that are subject to the qualified joint and survivor requirements. This involved adding certain new sub-accounts and updated distribution options for these amounts.

(13)Reconciliation of Financial Statements to the Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2024 and 2023 to net assets per the Form 5500:

						2024						2023
Net assets available for benefits per the financial statements						$	58,177,827,369					52,144,604,411
Adjustment from contract value to fair value for fully     benefit responsive investment contracts						(209,120,157)						(236,105,644)
Deemed loan distributions						(81,709,756)						(77,148,416)
Net assets per the Form 5500						$	57,886,997,456					51,831,350,351

The following is a reconciliation of increases in net assets available for benefits per the financial statements for the year ended December 31, 2024, to the net income per the Form 5500:

Increase in net assets available for benefits per the financial statements						$	6,033,222,958
Change in the adjustment from contract value to fair value for fully benefit     responsive investment contracts at December 31, 2024						26,985,487
Change in deemed loan distributions						(4,561,340)
Net income per the Form 5500						$	6,055,647,105

13

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
*			Participant loans						Participant loans,
									Interest rates ranging from 3.25% to
									11.50%, maturing at various dates
									through December 31, 2044						(1)						$	710,956,688
			State Street Target Ret Income NL CL A						Collective Investment Fund						(1)						238,493,687
			State Street Target Ret 2020 NL CL A						Collective Investment Fund						(1)						296,320,599
			State Street Target Ret 2025 NL CL A						Collective Investment Fund						(1)						1,082,843,208
			State Street Target Ret 2030 NL CL A						Collective Investment Fund						(1)						1,303,419,532
			State Street Target Ret 2035 NL CL A						Collective Investment Fund						(1)						1,238,127,576
			State Street Target Ret 2040 NL CL A						Collective Investment Fund						(1)						1,440,714,341
			State Street Target Ret 2045 NL CL A						Collective Investment Fund						(1)						1,140,131,112
			State Street Target Ret 2050 NL CL A						Collective Investment Fund						(1)						1,461,666,811
			State Street Target Ret 2055 NL CL A						Collective Investment Fund						(1)						652,436,000
			State Street Target Ret 2060 NL CL A						Collective Investment Fund						(1)						293,788,862
			State Street Target Ret 2065 NL CL A						Collective Investment Fund						(1)						101,730,780
			State Street Emerging Markets Index A						Collective Investment Fund						(1)						247,417,833
			State Street International Index M						Collective Investment Fund						(1)						1,007,129,610
			State Street Russell Sm Cap Index NL CL K						Collective Investment Fund						(1)						999,977,077
			State Street S&P Mid Cap Index NL CL M						Collective Investment Fund						(1)						2,607,397,635
			State Street NASDAQ 100 Index NL CL M						Collective Investment Fund						(1)						5,276,061,284
			State Street S&P 500 Index K NL						Collective Investment Fund						(1)						7,985,586,120
			State Street U.S. Bond Index NL M						Collective Investment Fund						(1)						1,958,516,196
			BlackRock MSCI ACWI ESG Focus Index F						Collective Investment Fund						(1)						682,250,301
																					30,014,008,564
			BlackRock Liquidity Treasury Instl						Mutual Fund						(1)						1,448,760,269
																					1,448,760,269
			Large Cap Value Fund						Multi-Manager Fund
			MFS Large Cap Value CL 5						Collective Investment Fund						(1)						1,111,025,253
			T Rowe Price Equity Income TR F						Collective Investment Fund						(1)						1,111,024,951
			Dodge & Cox Stock Class X						Mutual Fund						(1)						1,144,690,123
																					3,366,740,327
			Large Cap Growth Fund						Multi-Manager Fund
			T Rowe Price Blue Chip Growth Trust T7						Collective Investment Fund						(1)						828,203,679
			SEI Investments Focus Growth CIT						Collective Investment Fund						(1)						828,206,091
			Brown Advisory Sustainable Growth						Collective Investment Fund						(1)						828,208,889
			LACM US Large Cap Growth Equit						Collective Investment Fund						(1)						828,203,079
			Prudential Large Cap Growth						Collective Investment Fund						(1)						828,203,425
																					4,141,025,163
			Small Cap Fund						Multi-Manager Fund
			State Street Russell Sm Cap Index NL CL K						Common Collective Fund						(1)						556,447,109
			William Blair Small Cap Growth CIF II CL 1						Common Collective Fund						(1)						270,039,287
			Westfield Small Cap Growth Equity						Common Collective Fund						(1)						270,041,381
			WTC Small Cap Value						Common Collective Fund						(1)						270,540,008
			Peregrine Small Cap Value						Common Collective Fund						(1)						270,040,028
																					1,637,107,813
			International Equity Fund						Multi-Manager Fund
			Causeway International Value Equity F						Common Collective Fund						(1)						309,028,059
			Sprucegrove International F						Common Collective Fund						(1)						309,030,829
			American EuroPacific Growth R6						Mutual Fund						(1)						618,052,147
																					1,236,111,035
			Emerging Markets Equity Fund						Multi-Manager Fund
			Acadian Emerging Markets Equity Fund						Common Collective Fund						(1)						233,820,544
			Lazard Emerging Markets Equity C						Common Collective Fund						(1)						167,019,797
			Baillie Gifford Emerging Markets EQS K						Mutual Fund						(1)						167,019,620
			DFA Emerging Markets Small Cap						Mutual Fund						(1)						100,210,643
																					668,070,604
			Diversified Real Asset Fund						Multi-Manager Fund
			Principal Diversified Real Asset III						Common Collective Fund						(1)						117,257,656
			State Street Real Assets NL A						Common Collective Fund						(1)						39,106,548
																					156,364,204

    14    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Global Bond Fund						Multi-Manager Fund
			BrandywineGLOBAL Global Opportunities						Mutual Fund						(1)						$	124,628,922
			PIMCO Global Advantage Strategy BD						Mutual Fund						(1)						125,084,223
			Federated Hermes Total Return Bond IS						Mutual Fund						(1)						62,302,287
																					312,015,432
*			Wells Fargo - ESOP Fund
			BlackRock Liquidity Treasury Inst						Mutual Fund						(1)						129,737,403
*			Wells Fargo & Company common stock						Common stock fund						(1)						10,218,099,891
																					10,347,837,294
*			Wells Fargo Stable Value Fund
			Security-backed contracts:
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
*			Galliard SA Intermediate Core Fund C						9,511,670 units						(1)						286,388,777
																					286,388,777
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
*			Galliard SA Intermediate Core Fund E						9,863,516 units						(1)						276,744,612
																					276,744,612
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
*			Galliard SA Intermediate Core Fund J						17,066,471 units						(1)						283,975,841
																					283,975,841
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
*			Galliard SA Intermediate Core Fund Q						23,471,889 units						(1)						284,256,310
																					284,256,310
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—

    15    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						$	—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
			Abay Leasing 2014 LLC						2.654%, $317,549 par, due 11/9/2026						(1)						309,627
			Access Group Inc 2013-1						5.183%, $235,330 par, due 2/25/2036						(1)						234,489
			Agree LP						2.000%, $1,210,000 par, due 6/15/2028						(1)						1,095,919
			Albemarle Corp						4.650%, $1,685,000 par, due 6/1/2027						(1)						1,670,748
			Alexandria Real Estate Equities Inc						4.300%, $250,000 par, due 1/15/2026						(1)						248,740
			Alexandria Real Estate Equities Inc						3.450%, $2,000,000 par, due 4/30/2025						(1)						1,990,160
			Alliant Energy Finance LLC						5.400%, $1,600,000 par, due 6/6/2027						(1)						1,610,470
			Ally Auto Receivables Trust 2024-1						5.080%, $3,470,000 par, due 12/15/2028						(1)						3,494,484
			Ally Auto Receivables Trust 2024-2						4.140%, $2,120,000 par, due 7/16/2029						(1)						2,105,052
			Ameren Corp						5.700%, $950,000 par, due 12/1/2026						(1)						965,405
			American Express Co						4.990%, $2,175,000 par, due 5/1/2026						(1)						2,175,579
			American Express Co						5.389%, $2,930,000 par, due 7/28/2027						(1)						2,962,283
			American Express Co						6.338%, $570,000 par, due 10/30/2026						(1)						577,055
			American Express Co						5.098%, $430,000 par, due 2/16/2028						(1)						432,505
			American Express Co						5.043%, $1,230,000 par, due 7/26/2028						(1)						1,236,309
			American Express Credit Account Master Trust						5.230%, $7,560,000 par, due 4/15/2029						(1)						7,674,867
			American Honda Finance Corp						4.900%, $1,230,000 par, due 7/9/2027						(1)						1,234,244
			American Honda Finance Corp						4.450%, $520,000 par, due 10/22/2027						(1)						516,216
			AMEX Credit Account Master Trust 2023-1						4.870%, $2,730,000 par, due 5/15/2028						(1)						2,744,393
			AMEX Credit Account Master Trust 2024-3						4.650%, $4,810,000 par, due 7/15/2029						(1)						4,819,471
			AMEX Credit Acct Mstr Tr						5.230%, $2,850,000 par, due 9/15/2028						(1)						2,886,269
			Amphenol Corp						2.050%, $1,295,000 par, due 3/1/2025						(1)						1,288,757
			Anglo American Capital PLC						4.750%, $920,000 par, due 4/10/2027						(1)						912,327
			AT&T Inc						2.300%, $675,000 par, due 6/1/2027						(1)						636,987
			AT&T Inc						1.650%, $5,225,000 par, due 2/1/2028						(1)						4,750,972
			BA Credit Card Trust						4.790%, $1,800,000 par, due 5/15/2028						(1)						1,807,873
			BA Credit Card Trust						4.930%, $4,745,000 par, due 5/15/2029						(1)						4,790,395
			BAE Systems Holdings Inc						3.850%, $1,000,000 par, due 12/15/2025						(1)						990,754
			BAE Systems PLC						5.000%, $2,380,000 par, due 3/26/2027						(1)						2,390,377
			Bank of America Auto Trust 2023-1						5.530%, $3,850,000 par, due 2/15/2028						(1)						3,888,265
			Bank of America Auto Trust 2023-2						5.740%, $6,760,000 par, due 6/15/2028						(1)						6,860,075
			Bank of America Corp						4.948%, $2,250,000 par, due 7/22/2028						(1)						2,254,340
			Bank of America Corp						5.933%, $1,720,000 par, due 9/15/2027						(1)						1,750,986
			Bank of America Corp						4.376%, $825,000 par, due 4/27/2028						(1)						816,160
			Bank of America Corp						3.384%, $1,175,000 par, due 4/2/2026						(1)						1,170,600
			Bank of America Corp						3.593%, $500,000 par, due 7/21/2028						(1)						483,964
			Bank of America Corp						2.087%, $1,600,000 par, due 6/14/2029						(1)						1,451,811
			Bank of America Corp						3.419%, $2,500,000 par, due 12/20/2028						(1)						2,396,003
			Bank of Montreal						4.567%, $960,000 par, due 9/10/2027						(1)						956,989
			Bank of Montreal						5.203%, $475,000 par, due 2/1/2028						(1)						478,654
			Bank of Montreal						1.250%, $1,070,000 par, due 9/15/2026						(1)						1,011,817
			Bank of New York Mellon Corp						3.992%, $810,000 par, due 6/13/2028						(1)						795,186
			Bank of New York Mellon Corp						4.414%, $1,442,000 par, due 7/24/2026						(1)						1,438,117
			Bank of New York Mellon Corp						4.890%, $1,690,000 par, due 7/21/2028						(1)						1,696,642
			Bank of Nova Scotia/The						4.404%, $1,190,000 par, due 9/8/2028						(1)						1,177,832
			Bayer US Finance II LLC						4.250%, $860,000 par, due 12/15/2025						(1)						854,214
			Baylor Scott & White Holdings						0.827%, $1,200,000 par, due 11/15/2025						(1)						1,159,249
			Becton Dickinson & Co						3.700%, $490,000 par, due 6/6/2027						(1)						478,374
			BHP Billiton Finance USA Ltd						5.100%, $430,000 par, due 9/8/2028						(1)						433,578
			Black Hills Corp						3.950%, $2,655,000 par, due 1/15/2026						(1)						2,627,404
			BMP 2024-MF23						5.769%, $1,855,000 par, due 6/15/2041						(1)						1,861,895
			BMW US Capital LLC						3.950%, $800,000 par, due 8/14/2028						(1)						771,917
			BMW US Capital LLC						4.600%, $1,920,000 par, due 8/13/2027						(1)						1,910,139
			BMW Vehicle Lease Trust						4.180%, $3,835,000 par, due 10/25/2027						(1)						3,804,408
			BMW Vehicle Lease Trust 2024-1						4.980%, $2,815,000 par, due 3/25/2027						(1)						2,829,950
			BMW Vehicle Owner Trust 2024-A						5.180%, $2,990,000 par, due 2/26/2029						(1)						3,025,100
			BNP Paribas SA						5.176%, $710,000 par, due 1/9/2030						(1)						707,608
			BNP Paribas SA						1.904%, $1,600,000 par, due 9/30/2028						(1)						1,466,742

    16    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			BOCA Commercial Mortgage Trust 2024-BOCA						6.318%, $2,300,000 par, due 8/15/2041						(1)						$	2,310,056
			Boeing Co/The						2.196%, $495,000 par, due 2/4/2026						(1)						480,024
			BofA Auto Trust 2024-1						5.350%, $2,710,000 par, due 11/15/2028						(1)						2,743,357
			BP Capital Markets America Inc						3.017%, $720,000 par, due 1/16/2027						(1)						697,787
			BPCE SA						4.750%, $905,000 par, due 7/19/2027						(1)						900,708
			BPR Trust 2022-OANA						6.295%, $4,470,000 par, due 4/15/2037						(1)						4,486,763
			Broadcom Inc						4.150%, $1,200,000 par, due 2/15/2028						(1)						1,180,027
			BX Commercial Mortgage Trust 2021-ACNT						5.362%, $1,731,694 par, due 11/15/2038						(1)						1,730,071
			BX Commercial Mortgage Trust 2021-VOLT						5.212%, $1,890,000 par, due 9/15/2036						(1)						1,886,456
			BX Commercial Mortgage Trust 2022-PSB						6.848%, $2,958,395 par, due 8/15/2039						(1)						2,972,234
			BX Commercial Mortgage Trust 2024-GPA3						5.800%, $2,435,000 par, due 12/15/2039						(1)						2,435,748
			BX Commercial Mortgage Trust BX 2022-CSMO A						6.512%, $1,515,000 par, due 6/15/2027						(1)						1,519,734
			BX Trust 2021-ARIA						5.411%, $1,450,000 par, due 10/15/2036						(1)						1,445,923
			BX Trust 2021-RISE						5.259%, $3,169,984 par, due 11/15/2036						(1)						3,156,115
			BX Trust 2022-IND						5.888%, $413,744 par, due 4/15/2037						(1)						414,261
			BX Trust 2024-BIO						6.039%, $4,545,000 par, due 2/15/2041						(1)						4,549,263
			Canadian Natural Resources Ltd						3.850%, $1,965,000 par, due 6/1/2027						(1)						1,923,181
			Canadian Pacific Railway Co						4.000%, $1,270,000 par, due 6/1/2028						(1)						1,236,480
			Canadian Pacific Railway Co						3.700%, $1,600,000 par, due 2/1/2026						(1)						1,578,336
			Capital One Financial Corp						4.927%, $605,000 par, due 5/10/2028						(1)						603,008
			Capital One Financial Corp						2.636%, $1,405,000 par, due 3/3/2026						(1)						1,399,071
			Capital One Financial Corp						1.878%, $550,000 par, due 11/2/2027						(1)						519,626
			Carmax Auto Owner Trust 2023-3						5.280%, $2,825,000 par, due 5/15/2028						(1)						2,848,888
			CarMax Auto Owner Trust 2023-4						6.000%, $4,170,000 par, due 7/17/2028						(1)						4,244,801
			CarMax Auto Owner Trust 2024-1						4.920%, $6,015,000 par, due 10/16/2028						(1)						6,047,764
			CarMax Auto Owner Trust 2024-2						5.500%, $1,375,000 par, due 1/16/2029						(1)						1,396,913
			CenterPoint Energy Houston Electric LLC						5.200%, $1,080,000 par, due 10/1/2028						(1)						1,093,159
			CES MU2 LLC						2.166%, $1,258,095 par, due 12/16/2026						(1)						1,217,641
			Charles Schwab Corp/The						5.875%, $1,640,000 par, due 8/24/2026						(1)						1,668,264
			Chase Auto Owner Trust 2024-1						5.130%, $4,510,000 par, due 5/25/2029						(1)						4,544,199
			Chase Auto Owner Trust 2024-2A						5.520%, $2,070,000 par, due 6/25/2029						(1)						2,101,735
			Chesapeake Funding II LLC						5.650%, $1,560,416 par, due 5/15/2035						(1)						1,570,457
			Chesapeake Funding II LLC						6.160%, $3,740,185 par, due 10/15/2035						(1)						3,794,672
			Children's Hospital Medical Center/Cincinnati OH						2.853%, $325,000 par, due 11/15/2026						(1)						312,930
			CHRISTUS Health						4.341%, $1,235,000 par, due 7/1/2028						(1)						1,208,983
			Cintas Corp No 2						3.700%, $590,000 par, due 4/1/2027						(1)						578,257
			Citigroup Commercial Mortgage Trust 2015-GC31						3.762%, $400,000 par, due 6/10/2048						(1)						396,804
			Citigroup Commercial Mortgage Trust 2016-C1						3.209%, $4,237,000 par, due 5/10/2049						(1)						4,137,930
			Citigroup Commercial Mortgage Trust 2016-P6						3.458%, $3,086,094 par, due 12/10/2049						(1)						3,012,121
			Citigroup Inc						5.610%, $520,000 par, due 9/29/2026						(1)						522,825
			Citigroup Inc						3.070%, $830,000 par, due 2/24/2028						(1)						798,096
			Citigroup Inc						4.658%, $605,000 par, due 5/24/2028						(1)						601,140
			Citigroup Inc						3.106%, $820,000 par, due 4/8/2026						(1)						816,066
			Citigroup Inc						3.520%, $2,880,000 par, due 10/27/2028						(1)						2,771,591
			Citigroup Inc						3.668%, $2,000,000 par, due 7/24/2028						(1)						1,937,252
			Citizens Auto Receivables Trust 2024-1						5.110%, $4,280,000 par, due 4/17/2028						(1)						4,308,689
			Citizens Auto Receivables Trust 2024-2						5.330%, $3,795,000 par, due 8/15/2028						(1)						3,836,191
			Citizens Bank NA/Providence RI						2.250%, $1,045,000 par, due 4/28/2025						(1)						1,036,384
			City of Atlanta GA Water & Wastewater Revenue						1.537%, $225,000 par, due 11/1/2028						(1)						201,296
			City of Chandler AZ Excise Tax Revenue						1.240%, $225,000 par, due 7/1/2025						(1)						221,636
			City of West Palm Beach FL Utility System Revenue						3.291%, $2,100,000 par, due 10/1/2028						(1)						1,994,433
			CNH Equipment Trust 2022-B						3.890%, $655,916 par, due 8/16/2027						(1)						652,650
			CNH Industrial Capital LLC						3.950%, $1,285,000 par, due 5/23/2025						(1)						1,280,535
			CNH Industrial Capital LLC						5.450%, $675,000 par, due 10/14/2025						(1)						678,530
			CNH Industrial Capital LLC						1.450%, $1,460,000 par, due 7/15/2026						(1)						1,388,282
			College Loan Corp Trust I						6.195%, $5,945,000 par, due 4/25/2046						(1)						5,945,000
			Comcast Corp						3.550%, $560,000 par, due 5/1/2028						(1)						537,566
			Comcast Corp						4.150%, $770,000 par, due 10/15/2028						(1)						751,057
			COMM 2015-3BP Mortgage Trust						3.178%, $3,590,000 par, due 2/10/2035						(1)						3,512,438
			COMM 2016-COR1 Mortgage Trust						2.826%, $4,136,228 par, due 10/10/2049						(1)						4,001,225
			COMM 2016-DC2 Mortgage Trust						3.765%, $1,325,000 par, due 2/10/2049						(1)						1,307,737
			Commonwealth of Massachusetts						4.110%, $1,970,150 par, due 7/15/2031						(1)						1,924,699
			Connecticut Light and Power Co/The						3.200%, $920,000 par, due 3/15/2027						(1)						892,510
			ConocoPhillips Co						2.400%, $239,000 par, due 3/7/2025						(1)						237,963
			Consumers 2023 Securitization Funding LLC						5.210%, $3,620,000 par, due 9/1/2030						(1)						3,656,153
			Cooperatieve Rabobank UA						1.339%, $725,000 par, due 6/24/2026						(1)						712,584

    17    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Cooperatieve Rabobank UA						3.649%, $3,050,000 par, due 4/6/2028						(1)						$	2,959,083
			Corebridge Global Funding						5.900%, $970,000 par, due 9/19/2028						(1)						997,215
			Corebridge Global Funding						4.650%, $600,000 par, due 8/20/2027						(1)						597,836
			Coterra Energy Inc						3.900%, $1,700,000 par, due 5/15/2027						(1)						1,662,012
			County of Collin TX						0.967%, $175,000 par, due 2/15/2025						(1)						174,186
			CRH America Finance Inc						3.400%, $750,000 par, due 5/9/2027						(1)						725,888
			CRH America Finance Inc						3.950%, $650,000 par, due 4/4/2028						(1)						630,467
			CRH America Inc						3.875%, $2,365,000 par, due 5/18/2025						(1)						2,352,402
			Csail 2015-C2 Commercial Mortgage Trust						3.504%, $425,000 par, due 6/15/2057						(1)						423,148
			CSAIL 2015-C4 Commercial Mortgage Trust						3.544%, $2,693,477 par, due 11/15/2048						(1)						2,674,157
			CubeSmart LP						3.125%, $500,000 par, due 9/1/2026						(1)						486,065
			CubeSmart LP						4.000%, $795,000 par, due 11/15/2025						(1)						789,359
			CVS Health Corp						2.875%, $1,600,000 par, due 6/1/2026						(1)						1,553,600
			CVS Health Corp						5.000%, $748,000 par, due 2/20/2026						(1)						747,311
			Daimler Truck Finance North America LLC						5.000%, $1,210,000 par, due 1/15/2027						(1)						1,212,592
			DBJPM 2016-C3 Mortgage Trust						2.632%, $2,972,288 par, due 8/10/2049						(1)						2,884,439
			Dell Equipment Finance Trust 2024-1						5.390%, $920,000 par, due 3/22/2030						(1)						930,225
			DLLAA 2023-1 LLC						5.640%, $4,045,000 par, due 2/22/2028						(1)						4,105,505
			DLLAD 2021-1 LLC						0.900%, $5,800,000 par, due 6/20/2029						(1)						5,569,317
			DLLAD 2021-1 LLC						0.640%, $1,139,428 par, due 9/21/2026						(1)						1,124,404
			DLLST 2024-1 LLC						5.050%, $2,185,000 par, due 8/20/2027						(1)						2,195,158
			DOC DR LLC						4.300%, $500,000 par, due 3/15/2027						(1)						494,578
			DTE Electric Co						1.900%, $970,000 par, due 4/1/2028						(1)						888,262
			Duke Energy Progress LLC						3.700%, $1,460,000 par, due 9/1/2028						(1)						1,406,234
			East Ohio Gas Co/The						1.300%, $1,825,000 par, due 6/15/2025						(1)						1,793,661
			Eastman Chemical Co						4.500%, $1,200,000 par, due 12/1/2028						(1)						1,177,416
			ECMC Group Student Loan Trust 2021-1						5.253%, $298,243 par, due 11/25/2070						(1)						295,127
			ELM Trust 2024-ELM						5.801%, $1,940,000 par, due 6/10/2039						(1)						1,958,543
			ELM Trust 2024-ELM						5.801%, $2,085,000 par, due 6/10/2039						(1)						2,104,928
			EMD Finance LLC						3.250%, $955,000 par, due 3/19/2025						(1)						951,928
			Emory University						1.566%, $940,000 par, due 9/1/2025						(1)						920,550
			Empire State Development Corp						3.170%, $275,000 par, due 3/15/2026						(1)						271,095
			Empire State Development Corp						3.350%, $275,000 par, due 3/15/2026						(1)						271,604
			Enbridge Inc						5.900%, $1,230,000 par, due 11/15/2026						(1)						1,253,910
			Enbridge Inc						5.250%, $745,000 par, due 4/5/2027						(1)						753,661
			Enbridge Inc						2.500%, $850,000 par, due 2/14/2025						(1)						847,487
			Energy Transfer LP						4.400%, $500,000 par, due 3/15/2027						(1)						495,159
			Energy Transfer LP						6.050%, $1,930,000 par, due 12/1/2026						(1)						1,971,323
			Entergy Texas Inc						1.500%, $200,000 par, due 9/1/2026						(1)						189,337
			Enterprise Fleet Financing 2023-2 LLC						5.560%, $1,369,827 par, due 4/22/2030						(1)						1,381,637
			Enterprise Fleet Financing 2023-3 LLC						6.400%, $4,314,796 par, due 3/20/2030						(1)						4,396,134
			Enterprise Fleet Financing 2024-1 LLC						5.230%, $3,705,859 par, due 3/20/2030						(1)						3,732,352
			Enterprise Fleet Financing 2024-2 LLC						5.610%, $2,020,000 par, due 4/20/2028						(1)						2,054,778
			Enterprise Fleet Financing 2024-3 LLC						4.980%, $2,885,000 par, due 8/21/2028						(1)						2,901,739
			Equifax Inc						5.100%, $715,000 par, due 6/1/2028						(1)						717,656
			Equifax Inc						5.100%, $750,000 par, due 12/15/2027						(1)						754,008
			ERP Operating LP						3.250%, $420,000 par, due 8/1/2027						(1)						404,352
			Ethiopian Leasing 2012 LLC						2.646%, $305,398 par, due 5/12/2026						(1)						301,365
			Ethiopian Leasing 2012 LLC						2.566%, $1,328,604 par, due 8/14/2026						(1)						1,296,711
			Evergy Kansas Central Inc						3.100%, $37,000 par, due 4/1/2027						(1)						35,771
			EXIM Bank of the United States						2.329%, $173,864 par, due 1/14/2027						(1)						165,005
			EXIM Bank of the United States						2.372%, $209,312 par, due 3/19/2027						(1)						202,337
			Extended Stay America Trust 2021-ESH						5.592%, $5,275,937 par, due 7/15/2038						(1)						5,279,234
			Extra Space Storage LP						3.500%, $1,130,000 par, due 7/1/2026						(1)						1,108,780
			Fannie Mae Grantor Trust 2004-T2						6.000%, $252,204 par, due 11/25/2043						(1)						256,067
			Fannie Mae Pool						2.500%, $912,740 par, due 11/1/2027						(1)						889,669
			Fannie Mae Pool						2.500%, $190,183 par, due 12/1/2026						(1)						186,603
			Fannie Mae Pool						2.500%, $189,301 par, due 8/1/2027						(1)						184,927
			Fannie Mae Pool						3.000%, $126,831 par, due 2/1/2027						(1)						124,882
			Fannie Mae Pool						6.510%, $202,152 par, due 4/1/2045						(1)						207,597
			Fannie Mae Pool						6.490%, $156,881 par, due 4/1/2045						(1)						161,156
			Fannie Mae Pool						7.151%, $15,057 par, due 6/1/2045						(1)						15,505
			Fannie Mae Pool						5.500%, $69,793 par, due 4/1/2033						(1)						70,156
			Fannie Mae Pool						7.019%, $264,659 par, due 6/1/2033						(1)						267,681
			Fannie Mae Pool						6.919%, $34,891 par, due 8/1/2035						(1)						35,021
			Fannie Mae Pool						7.310%, $87,079 par, due 8/1/2033						(1)						88,481

    18    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Fannie Mae Pool						7.258%, $49,226 par, due 8/1/2033						(1)						$	50,519
			Fannie Mae Pool						6.781%, $185,447 par, due 10/1/2033						(1)						187,762
			Fannie Mae Pool						6.296%, $84,820 par, due 12/1/2033						(1)						85,168
			Fannie Mae Pool						7.375%, $83,955 par, due 5/1/2037						(1)						85,483
			Fannie Mae Pool						3.053%, $1,177,658 par, due 8/1/2049						(1)						1,175,886
			Fannie Mae Pool						5.152%, $7,913,657 par, due 6/1/2053						(1)						7,903,543
			Fannie Mae Pool						6.190%, $2,280 par, due 2/1/2041						(1)						2,332
			Fannie Mae Pool						3.307%, $642,619 par, due 5/1/2048						(1)						654,368
			Fannie Mae Pool						7.126%, $6,769 par, due 9/1/2044						(1)						6,965
			Fannie Mae Pool						7.102%, $37,996 par, due 10/1/2044						(1)						38,870
			Fannie Mae Pool						6.731%, $37,213 par, due 11/1/2041						(1)						37,636
			Fannie Mae Pool						6.553%, $380,298 par, due 11/1/2047						(1)						391,182
			Fannie Mae Pool						7.354%, $107,913 par, due 5/1/2047						(1)						111,187
			Fannie Mae Pool						4.093%, $3,316,494 par, due 8/1/2052						(1)						3,226,030
			Fannie Mae Pool						2.469%, $3,707,565 par, due 6/1/2052						(1)						3,435,003
			Fannie Mae Pool						3.481%, $5,103,478 par, due 9/1/2052						(1)						4,894,899
			Fannie Mae Pool						4.517%, $2,486,028 par, due 8/1/2052						(1)						2,446,627
			Fannie Mae Pool						7.393%, $110,725 par, due 7/1/2046						(1)						113,661
			Fannie Mae Pool						3.856%, $195,919 par, due 1/1/2049						(1)						196,901
			Fannie Mae Pool						7.108%, $51,608 par, due 3/1/2034						(1)						52,530
			Fannie Mae Pool						6.440%, $25,315 par, due 5/1/2034						(1)						25,633
			Fannie Mae Pool						6.671%, $393,936 par, due 6/1/2034						(1)						399,821
			Fannie Mae Pool						7.252%, $28,252 par, due 8/1/2034						(1)						28,627
			Fannie Mae Pool						6.920%, $361,288 par, due 11/1/2046						(1)						371,770
			Fannie Mae Pool						7.399%, $39,833 par, due 7/1/2045						(1)						40,851
			Fannie Mae Pool						7.265%, $123,445 par, due 8/1/2045						(1)						127,255
			Fannie Mae Pool						5.500%, $140,347 par, due 9/1/2036						(1)						141,396
			Fannie Mae Pool						6.600%, $239,304 par, due 11/1/2045						(1)						245,924
			Fannie Mae Pool						6.242%, $24,711 par, due 3/1/2042						(1)						25,333
			Fannie Mae Pool						5.961%, $192,407 par, due 2/1/2045						(1)						198,702
			Fannie Mae Pool						3.022%, $706,638 par, due 8/1/2049						(1)						706,263
			Fannie Mae Pool						2.776%, $1,560,606 par, due 11/1/2049						(1)						1,542,645
			Fannie Mae Pool						7.452%, $328,143 par, due 6/1/2047						(1)						337,032
			Fannie Mae Pool						7.402%, $282,147 par, due 6/1/2047						(1)						289,527
			Fannie Mae Pool						7.432%, $145,867 par, due 7/1/2047						(1)						149,806
			Fannie Mae Pool						7.360%, $225,159 par, due 7/1/2047						(1)						230,437
			Fannie Mae Pool						7.306%, $43,368 par, due 7/1/2047						(1)						44,344
			Fannie Mae Pool						7.000%, $137,987 par, due 5/1/2038						(1)						140,322
			Fannie Mae Pool						6.873%, $105,330 par, due 12/1/2046						(1)						108,190
			Fannie Mae Pool						4.717%, $1,165,210 par, due 10/1/2052						(1)						1,152,602
			Fannie Mae Pool						4.567%, $3,496,351 par, due 10/1/2052						(1)						3,443,098
			Fannie Mae Pool						5.102%, $926,694 par, due 11/1/2052						(1)						925,987
			Fannie Mae Pool						4.831%, $3,033,875 par, due 12/1/2052						(1)						3,010,472
			Fannie Mae Pool						5.252%, $580,640 par, due 12/1/2052						(1)						581,514
			Fannie Mae Pool						3.019%, $358,575 par, due 2/1/2048						(1)						367,870
			Fannie Mae Pool						6.357%, $56,611 par, due 12/1/2045						(1)						58,070
			Fannie Mae Pool						7.394%, $182,060 par, due 6/1/2047						(1)						186,820
			Fannie Mae Pool						3.066%, $440,442 par, due 5/1/2052						(1)						416,131
			Fannie Mae Pool						2.556%, $4,165,254 par, due 6/1/2052						(1)						3,866,464
			Fannie Mae Pool						3.618%, $2,334,432 par, due 7/1/2052						(1)						2,239,974
			Fannie Mae Pool						3.803%, $716,416 par, due 6/1/2052						(1)						690,819
			Fannie Mae Pool						3.876%, $973,739 par, due 7/1/2052						(1)						941,380
			Fannie Mae Pool						7.350%, $32,917 par, due 8/1/2045						(1)						33,697
			Fannie Mae Pool						7.350%, $143,528 par, due 8/1/2045						(1)						148,100
			Fannie Mae Pool						4.671%, $136,049 par, due 5/1/2036						(1)						134,745
			Fannie Mae Pool						3.459%, $139,229 par, due 11/1/2048						(1)						140,050
			Fannie Mae Pool						7.268%, $419,870 par, due 9/1/2047						(1)						436,828
			Fannie Mae Pool						7.356%, $298,113 par, due 8/1/2044						(1)						307,330
			Fannie Mae Pool						7.340%, $50,826 par, due 8/1/2044						(1)						51,933
			Fannie Mae Pool						7.424%, $93,438 par, due 8/1/2044						(1)						96,289
			Fannie Mae Pool						7.362%, $105,063 par, due 8/1/2044						(1)						108,291
			Fannie Mae Pool						2.844%, $533,708 par, due 11/1/2049						(1)						514,432
			Fannie Mae Pool						2.836%, $331,640 par, due 11/1/2049						(1)						319,599
			Fannie Mae Pool						2.808%, $303,549 par, due 12/1/2049						(1)						292,364
			Fannie Mae Pool						2.637%, $714,517 par, due 12/1/2049						(1)						686,419
			Fannie Mae Pool						2.743%, $742,513 par, due 12/1/2049						(1)						713,549

    19    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Fannie Mae Pool						2.668%, $2,137,345 par, due 1/1/2050						(1)						$	2,051,864
			Fannie Mae Pool						7.250%, $81,766 par, due 10/1/2041						(1)						82,469
			Fannie Mae Pool						6.946%, $72,350 par, due 11/1/2041						(1)						75,230
			Fannie Mae Pool						2.739%, $1,789,633 par, due 1/1/2050						(1)						1,719,353
			Fannie Mae Pool						7.060%, $130,854 par, due 10/1/2046						(1)						134,462
			Fannie Mae Pool						6.759%, $146,437 par, due 10/1/2046						(1)						150,855
			Fannie Mae Pool						6.567%, $71,643 par, due 11/1/2046						(1)						73,679
			Fannie Mae Pool						5.000%, $89,884 par, due 10/1/2035						(1)						89,151
			Fannie Mae Pool						5.000%, $184,219 par, due 6/1/2035						(1)						182,651
			Fannie Mae Pool						6.000%, $14,188 par, due 2/1/2033						(1)						14,363
			Fannie Mae Pool						5.000%, $1,241,203 par, due 8/1/2056						(1)						1,210,332
			Fannie Mae Pool						5.330%, $5,110,000 par, due 12/1/2028						(1)						5,207,657
			Fannie Mae Pool						5.180%, $2,200,000 par, due 12/1/2028						(1)						2,227,779
			Fannie Mae Pool						5.090%, $4,120,000 par, due 1/1/2029						(1)						4,175,826
			Fannie Mae Pool						4.360%, $840,000 par, due 1/1/2030						(1)						824,957
			Fannie Mae Pool						4.255%, $290,000 par, due 1/1/2030						(1)						283,438
			Fannie Mae Pool						4.350%, $1,740,000 par, due 12/1/2029						(1)						1,708,057
			Fannie Mae Pool						4.320%, $1,890,000 par, due 1/1/2030						(1)						1,852,756
			Fannie Mae Pool						4.300%, $350,000 par, due 1/1/2030						(1)						342,789
			Fannie Mae Pool						4.325%, $2,840,000 par, due 1/1/2030						(1)						2,784,674
			Fannie Mae Pool						3.000%, $1,114,866 par, due 7/1/2034						(1)						1,047,064
			Fannie Mae Pool						3.000%, $259,280 par, due 7/1/2034						(1)						243,510
			Fannie Mae Pool						3.000%, $142,960 par, due 2/1/2031						(1)						137,478
			Fannie Mae Pool						3.000%, $100,702 par, due 2/1/2031						(1)						96,559
			Fannie Mae Pool						3.000%, $1,099,127 par, due 4/1/2031						(1)						1,054,970
			Fannie Mae Pool						3.000%, $237,331 par, due 5/1/2031						(1)						227,800
			Fannie Mae Pool						3.100%, $6,845,000 par, due 1/1/2026						(1)						6,740,299
			Fannie Mae Pool						4.790%, $1,630,000 par, due 3/1/2028						(1)						1,632,659
			Fannie Mae Pool						3.000%, $440,779 par, due 8/1/2027						(1)						432,437
			Fannie Mae Pool						5.380%, $7,260,000 par, due 10/1/2028						(1)						7,422,196
			Fannie Mae Pool						5.540%, $5,600,000 par, due 12/1/2027						(1)						5,729,455
			Fannie Mae Pool						3.000%, $134,707 par, due 9/1/2027						(1)						132,120
			Fannie Mae Pool						2.500%, $91,493 par, due 8/1/2027						(1)						89,303
			Fannie Mae Pool						4.000%, $493,850 par, due 2/1/2034						(1)						477,788
			Fannie Mae Pool						4.000%, $335,472 par, due 2/1/2034						(1)						324,561
			Fannie Mae Pool						4.920%, $8,510,000 par, due 10/1/2028						(1)						8,567,204
			Fannie Mae Pool						4.020%, $6,018,000 par, due 4/1/2028						(1)						5,911,253
			Fannie Mae Pool						5.500%, $24,858 par, due 2/1/2036						(1)						24,643
			Fannie Mae Pool						4.800%, $124,821 par, due 10/1/2032						(1)						123,596
			Fannie Mae Pool						4.524%, $302,370 par, due 11/1/2032						(1)						296,648
			Fannie Mae REMIC Trust 2002-W12						5.066%, $1,241 par, due 2/25/2033						(1)						1,227
			Fannie Mae REMIC Trust 2003-W11						7.104%, $11,001 par, due 7/25/2033						(1)						10,763
			Fannie Mae REMIC Trust 2004-W11						7.000%, $304,031 par, due 5/25/2044						(1)						303,065
			Fannie Mae REMICS						5.500%, $693,505 par, due 4/25/2035						(1)						708,721
			Fannie Mae REMICS						5.500%, $691,693 par, due 4/25/2035						(1)						706,981
			Fannie Mae REMICS						2.500%, $14,202 par, due 3/25/2037						(1)						13,533
			Fannie Mae Trust 2003-W6						6.500%, $88,480 par, due 9/25/2042						(1)						89,452
			Fannie Mae Trust 2004-W1						7.000%, $188,811 par, due 12/25/2033						(1)						195,136
			Federal Realty OP LP						5.375%, $400,000 par, due 5/1/2028						(1)						403,922
			Federal Realty OP LP						1.250%, $1,399,000 par, due 2/15/2026						(1)						1,342,910
			Federal Realty OP LP						3.250%, $670,000 par, due 7/15/2027						(1)						644,272
			FedEx Corp						3.400%, $740,000 par, due 2/15/2028						(1)						708,935
			Fifth Third Auto Trust 2023-1						5.530%, $4,645,000 par, due 8/15/2028						(1)						4,695,946
			Fifth Third Bancorp						4.055%, $350,000 par, due 4/25/2028						(1)						342,468
			Fifth Third Bank Inc						3.850%, $1,535,000 par, due 3/15/2026						(1)						1,515,688
			FirstEnergy Pennsylvania Electric Co						5.150%, $380,000 par, due 3/30/2026						(1)						380,978
			Fiserv Inc						4.200%, $1,500,000 par, due 10/1/2028						(1)						1,458,662
			Fiserv Inc						3.850%, $1,685,000 par, due 6/1/2025						(1)						1,676,841
			Fiserv Inc						3.200%, $1,500,000 par, due 7/1/2026						(1)						1,467,135
			Florida Gas Transmission Co LLC						4.350%, $930,000 par, due 7/15/2025						(1)						926,161
			Florida Power & Light Co						4.400%, $960,000 par, due 5/15/2028						(1)						950,628
			FMC Corp						3.200%, $1,140,000 par, due 10/1/2026						(1)						1,105,700
			FN 4.28 MultiFam FWD FEB 2025						4.280%, $1,350,000 par, due 2/1/2029						(1)						1,320,003
			FN 4.34 MultiFam FWD JAN 2025						4.340%, $1,450,000 par, due 1/1/2030						(1)						1,424,089
			FN 4.63 MultiFam FWD JAN 2025						4.630%, $2,740,000 par, due 1/1/2030						(1)						2,728,574
			FN 4.86 MultiFam FWD JAN 2025						4.860%, $5,110,000 par, due 1/1/2030						(1)						5,116,388

    20    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			FN 4.86 MultiFam FWD JAN 2025						4.860%, $2,120,000 par, due 1/1/2030						(1)						$	2,122,650
			Ford Credit Auto Owner Trust 2022-REV1						3.880%, $1,915,000 par, due 11/15/2034						(1)						1,880,407
			Ford Credit Auto Owner Trust 2023-C						5.530%, $8,310,000 par, due 9/15/2028						(1)						8,419,592
			Ford Credit Auto Owner Trust 2024-A						5.090%, $8,230,000 par, due 12/15/2028						(1)						8,303,560
			Ford Credit Auto Owner Trust 2024-C						4.070%, $3,845,000 par, due 7/15/2029						(1)						3,806,531
			Ford Credit Floorplan Master Owner Trust A						5.290%, $2,205,000 par, due 4/15/2029						(1)						2,234,973
			Ford Motor Credit Co LLC						5.125%, $1,340,000 par, due 11/5/2026						(1)						1,338,884
			Fortune Brands Innovations Inc						4.000%, $1,000,000 par, due 6/15/2025						(1)						996,023
			Freddie Mac Gold Pool						3.000%, $319,735 par, due 8/1/2027						(1)						314,236
			Freddie Mac Gold Pool						3.000%, $43,245 par, due 10/1/2026						(1)						42,680
			Freddie Mac Gold Pool						5.500%, $44,821 par, due 12/1/2033						(1)						45,188
			Freddie Mac Gold Pool						6.000%, $729,499 par, due 8/1/2038						(1)						756,824
			Freddie Mac Gold Pool						6.000%, $331,684 par, due 8/1/2038						(1)						344,242
			Freddie Mac Multifam Struct PT Cert						6.892%, $187,769 par, due 1/25/2046						(1)						187,015
			Freddie Mac Multifamily Structured PT Cert						4.860%, $2,910,000 par, due 10/25/2028						(1)						2,919,391
			Freddie Mac Multifamily Structured PT Cert						4.850%, $8,850,000 par, due 9/25/2028						(1)						8,884,515
			Freddie Mac Multifamily Structured PT Cert						5.489%, $8,754,340 par, due 11/25/2029						(1)						8,780,043
			Freddie Mac Multifamily Structured PT Certificates						7.403%, $152,049 par, due 10/25/2047						(1)						152,046
			Freddie Mac Multifamily Structured PT Certificates						1.235%, $994,848 par, due 5/25/2051						(1)						955,261
			Freddie Mac Non Gold Pool						3.307%, $326,936 par, due 6/1/2049						(1)						327,438
			Freddie Mac Non Gold Pool						4.692%, $349,444 par, due 9/1/2052						(1)						344,425
			Freddie Mac Non Gold Pool						4.281%, $3,114,395 par, due 10/1/2052						(1)						3,032,645
			Freddie Mac Non Gold Pool						3.999%, $4,558,108 par, due 8/1/2052						(1)						4,406,592
			Freddie Mac Non Gold Pool						3.657%, $5,003,176 par, due 8/1/2052						(1)						4,788,234
			Freddie Mac Non Gold Pool						4.045%, $6,270,182 par, due 9/1/2052						(1)						6,070,471
			Freddie Mac Non Gold Pool						4.148%, $2,213,742 par, due 9/1/2052						(1)						2,147,049
			Freddie Mac Non Gold Pool						5.558%, $4,733,169 par, due 4/1/2053						(1)						4,744,689
			Freddie Mac Non Gold Pool						3.445%, $3,582,831 par, due 7/1/2052						(1)						3,409,168
			Freddie Mac Non Gold Pool						4.834%, $3,707,713 par, due 12/1/2052						(1)						3,668,292
			Freddie Mac Non Gold Pool						4.559%, $391,668 par, due 11/1/2052						(1)						384,340
			Freddie Mac Non Gold Pool						5.017%, $8,090,225 par, due 9/1/2053						(1)						8,038,690
			Freddie Mac Non Gold Pool						6.836%, $84,590 par, due 10/1/2046						(1)						86,959
			Freddie Mac Non Gold Pool						6.889%, $510,970 par, due 10/1/2046						(1)						525,619
			Freddie Mac Non Gold Pool						7.075%, $193,232 par, due 10/1/2046						(1)						199,015
			Freddie Mac Non Gold Pool						7.125%, $147,507 par, due 5/1/2042						(1)						150,647
			Freddie Mac Non Gold Pool						7.390%, $58,675 par, due 8/1/2047						(1)						60,408
			Freddie Mac Non Gold Pool						7.101%, $127,243 par, due 10/1/2047						(1)						130,584
			Freddie Mac Non Gold Pool						6.350%, $27,483 par, due 1/1/2041						(1)						27,983
			Freddie Mac Non Gold Pool						6.984%, $98,663 par, due 5/1/2045						(1)						102,510
			Freddie Mac Non Gold Pool						7.413%, $218,383 par, due 6/1/2047						(1)						224,801
			Freddie Mac Non Gold Pool						7.581%, $192,415 par, due 9/1/2037						(1)						198,384
			Freddie Mac Non Gold Pool						6.265%, $39,271 par, due 6/1/2036						(1)						39,029
			Freddie Mac Non Gold Pool						6.967%, $70,244 par, due 8/1/2035						(1)						70,559
			Freddie Mac Non Gold Pool						7.209%, $77,038 par, due 5/1/2047						(1)						79,217
			Freddie Mac Non Gold Pool						3.251%, $770,287 par, due 7/1/2049						(1)						768,061
			Freddie Mac Non Gold Pool						6.603%, $1,086,411 par, due 11/1/2045						(1)						1,113,991
			Freddie Mac Non Gold Pool						3.402%, $151,440 par, due 5/1/2048						(1)						153,593
			Freddie Mac Non Gold Pool						6.187%, $149,133 par, due 12/1/2044						(1)						152,034
			Freddie Mac Non Gold Pool						7.348%, $116,802 par, due 8/1/2044						(1)						120,150
			Freddie Mac Non Gold Pool						7.153%, $258,641 par, due 4/1/2038						(1)						266,661
			Freddie Mac Non Gold Pool						7.120%, $19,308 par, due 5/1/2038						(1)						19,413
			Freddie Mac Non Gold Pool						7.359%, $15,172 par, due 6/1/2045						(1)						15,597
			Freddie Mac Non Gold Pool						6.255%, $238,843 par, due 11/1/2047						(1)						244,590
			Freddie Mac Non Gold Pool						7.250%, $234 par, due 6/1/2042						(1)						239
			Freddie Mac Non Gold Pool						7.278%, $50,279 par, due 7/1/2042						(1)						51,281
			Freddie Mac Non Gold Pool						7.500%, $18,641 par, due 8/1/2042						(1)						19,043
			Freddie Mac Non Gold Pool						7.030%, $129,031 par, due 5/1/2044						(1)						132,296
			Freddie Mac Non Gold Pool						6.975%, $172,001 par, due 5/1/2044						(1)						176,282
			Freddie Mac Non Gold Pool						7.394%, $100,297 par, due 6/1/2044						(1)						103,080
			Freddie Mac Non Gold Pool						7.000%, $80,081 par, due 1/1/2043						(1)						82,125
			Freddie Mac Non Gold Pool						7.078%, $54,630 par, due 12/1/2042						(1)						55,859
			Freddie Mac Non Gold Pool						6.302%, $20,181 par, due 11/1/2046						(1)						20,819
			Freddie Mac Non Gold Pool						7.294%, $365,366 par, due 1/1/2047						(1)						374,996
			Freddie Mac Non Gold Pool						7.238%, $517,101 par, due 7/1/2045						(1)						531,169
			Freddie Mac Non Gold Pool						7.266%, $73,048 par, due 8/1/2045						(1)						75,117
			Freddie Mac Non Gold Pool						7.350%, $21,700 par, due 8/1/2045						(1)						22,329

    21    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Freddie Mac Non Gold Pool						7.281%, $625,112 par, due 8/1/2045						(1)						$	643,052
			Freddie Mac Non Gold Pool						7.370%, $32,391 par, due 8/1/2045						(1)						33,675
			Freddie Mac Non Gold Pool						7.135%, $115,903 par, due 3/1/2046						(1)						119,007
			Freddie Mac Non Gold Pool						6.067%, $192,818 par, due 2/1/2046						(1)						198,532
			Freddie Mac Non Gold Pool						7.326%, $93,313 par, due 9/1/2045						(1)						96,110
			Freddie Mac Non Gold Pool						6.630%, $51,703 par, due 10/1/2045						(1)						52,936
			Freddie Mac Non Gold Pool						6.630%, $165,752 par, due 11/1/2045						(1)						170,009
			Freddie Mac Non Gold Pool						6.168%, $7,584 par, due 2/1/2042						(1)						7,656
			Freddie Mac Non Gold Pool						7.203%, $104,385 par, due 8/1/2043						(1)						107,137
			Freddie Mac Non Gold Pool						7.001%, $190,161 par, due 10/1/2043						(1)						195,594
			Freddie Mac Non Gold Pool						5.885%, $88,695 par, due 1/1/2045						(1)						90,555
			Freddie Mac Non Gold Pool						7.492%, $21,289 par, due 7/1/2047						(1)						21,922
			Freddie Mac Non Gold Pool						7.407%, $119,030 par, due 9/1/2042						(1)						122,709
			Freddie Mac Non Gold Pool						2.892%, $86,261 par, due 3/1/2046						(1)						85,073
			Freddie Mac Non Gold Pool						7.278%, $49,904 par, due 2/1/2046						(1)						51,204
			Freddie Mac Non Gold Pool						7.167%, $127,672 par, due 4/1/2046						(1)						131,177
			Freddie Mac Non Gold Pool						6.615%, $58,208 par, due 11/1/2047						(1)						59,781
			Freddie Mac Non Gold Pool						7.266%, $75,594 par, due 1/1/2046						(1)						77,478
			Freddie Mac Non Gold Pool						6.350%, $112,668 par, due 4/1/2045						(1)						115,252
			Freddie Mac Pool						3.000%, $989,837 par, due 7/1/2034						(1)						929,630
			Freddie Mac Pool						3.000%, $1,102,872 par, due 1/1/2035						(1)						1,035,714
			Freddie Mac Pool						3.000%, $1,898,650 par, due 1/1/2035						(1)						1,783,030
			Freddie Mac REMICS						3.000%, $14,517 par, due 12/15/2044						(1)						13,418
			Freddie Mac Struct PT Cert						5.231%, $1,613,350 par, due 5/25/2043						(1)						1,520,276
			Freddie Struct PT Cert						7.000%, $127,648 par, due 7/25/2043						(1)						131,893
			GE HealthCare Technologies Inc						5.600%, $1,935,000 par, due 11/15/2025						(1)						1,947,966
			GE HealthCare Technologies Inc						5.650%, $360,000 par, due 11/15/2027						(1)						368,745
			General Mills Inc						4.700%, $800,000 par, due 1/30/2027						(1)						799,714
			General Mills Inc						4.200%, $1,010,000 par, due 4/17/2028						(1)						988,972
			General Motors Financial Co Inc						5.400%, $1,680,000 par, due 5/8/2027						(1)						1,697,511
			General Motors Financial Co Inc						3.800%, $2,130,000 par, due 4/7/2025						(1)						2,123,284
			General Motors Financial Co Inc						6.050%, $1,195,000 par, due 10/10/2025						(1)						1,205,264
			Georgia-Pacific LLC						3.600%, $675,000 par, due 3/1/2025						(1)						673,525
			Georgia-Pacific LLC						2.100%, $807,000 par, due 4/30/2027						(1)						761,141
			Ginnie Mae II pool						3.625%, $21,748 par, due 12/20/2045						(1)						22,070
			Ginnie Mae II pool						4.625%, $40,574 par, due 3/20/2042						(1)						41,113
			Ginnie Mae II pool						3.625%, $71,758 par, due 10/20/2045						(1)						72,817
			Ginnie Mae II Pool						4.340%, $826 par, due 12/20/2066						(1)						814
			Ginnie Mae II Pool						4.340%, $377 par, due 1/20/2067						(1)						371
			Ginnie Mae II pool						5.564%, $636,255 par, due 5/20/2058						(1)						634,866
			Ginnie Mae II pool						5.310%, $23,734 par, due 6/20/2058						(1)						23,895
			Ginnie Mae II pool						4.740%, $371 par, due 6/20/2061						(1)						365
			Ginnie Mae II pool						5.470%, $2,165 par, due 8/20/2059						(1)						2,093
			Ginnie Mae II pool						4.813%, $29,860 par, due 3/20/2058						(1)						29,909
			Ginnie Mae II pool						4.875%, $143,118 par, due 4/20/2042						(1)						144,655
			GM Financial Automobile Leasing Trust 2024-1						5.090%, $3,865,000 par, due 3/22/2027						(1)						3,888,468
			GM Financial Consumer Auto Rec Trust 2024-3						5.130%, $2,575,000 par, due 4/16/2029						(1)						2,603,389
			GM Financial Consumer Automobile Rec Trust 2024-1						4.850%, $4,320,000 par, due 12/18/2028						(1)						4,342,067
			GMF Floorplan Owner Revolving Trust						5.340%, $4,025,000 par, due 6/15/2028						(1)						4,070,225
			GNMA						5.767%, $1,311,370 par, due 12/20/2066						(1)						1,314,190
			GNMA						5.417%, $1,234,316 par, due 10/20/2065						(1)						1,231,449
			Goldman Sachs Group Inc						1.431%, $1,000,000 par, due 3/9/2027						(1)						959,976
			Goldman Sachs Group Inc/The						1.542%, $2,100,000 par, due 9/10/2027						(1)						1,985,907
			Goldman Sachs Group Inc/The						5.798%, $2,080,000 par, due 8/10/2026						(1)						2,091,507
			Goldman Sachs Group Inc/The						4.223%, $800,000 par, due 5/1/2029						(1)						778,344
			Goldman Sachs Group Inc/The						4.482%, $700,000 par, due 8/23/2028						(1)						691,867
			Goldman Sachs Group Inc/The						2.640%, $3,405,000 par, due 2/24/2028						(1)						3,247,859
			Government National Mortgage Association						5.667%, $973,076 par, due 1/20/2066						(1)						976,528
			GS Mortgage Securities Trust 2017-GS5						3.409%, $662,699 par, due 3/10/2050						(1)						644,318
			GS Mortgage Securities Trust 2017-GS6						3.164%, $4,106,604 par, due 5/10/2050						(1)						3,937,802
			Guardian Life Global Funding						3.246%, $822,000 par, due 3/29/2027						(1)						796,950
			Guardian Life Global Funding						1.625%, $1,200,000 par, due 9/16/2028						(1)						1,070,263
			Guardian Life Global Funding						5.550%, $385,000 par, due 10/28/2027						(1)						393,198
			Gulfstream Natural Gas System LLC						4.600%, $1,865,000 par, due 9/15/2025						(1)						1,857,581
			Gulfstream Natural Gas System LLC						6.190%, $650,000 par, due 11/1/2025						(1)						655,975
			Haleon UK Capital PLC						3.125%, $1,885,000 par, due 3/24/2025						(1)						1,877,515

    22    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Health Care Service Corp A Mutual Legal Reserve Co						1.500%, $2,805,000 par, due 6/1/2025						(1)						$	2,766,440
			HEALTHPARTNERS						4.089%, $1,000,000 par, due 7/1/2026						(1)						989,800
			Healthpeak OP LLC						4.000%, $2,115,000 par, due 6/1/2025						(1)						2,104,876
			Heineken NV						3.500%, $1,600,000 par, due 1/29/2028						(1)						1,539,808
			Hewlett Packard Enterprise Co						4.400%, $1,330,000 par, due 9/25/2027						(1)						1,316,201
			Hewlett Packard Enterprise Co						4.450%, $610,000 par, due 9/25/2026						(1)						606,880
			HNA 2015 LLC						2.291%, $765,439 par, due 6/30/2027						(1)						735,859
			Honda Auto Receivables 2022-2 Owner Trust						3.760%, $1,240,000 par, due 12/18/2028						(1)						1,231,373
			Honda Auto Receivables 2023-3 Owner Trust						5.410%, $3,365,000 par, due 2/18/2028						(1)						3,398,529
			Honda Auto Receivables 2023-4 Owner Trust						5.670%, $5,315,000 par, due 6/21/2028						(1)						5,399,365
			Honda Auto Receivables 2023-4 Owner Trust						5.660%, $635,000 par, due 2/21/2030						(1)						647,825
			Honda Auto Receivables 2024-1 Owner Trust						5.210%, $2,805,000 par, due 8/15/2028						(1)						2,833,978
			Honda Auto Receivables 2024-2 Owner Trust						5.270%, $3,490,000 par, due 11/20/2028						(1)						3,532,173
			Honda Auto Receivables 2024-3 Owner Trust						4.570%, $5,200,000 par, due 3/21/2029						(1)						5,204,025
			Honolulu City & County Board of Water Supply						1.600%, $2,000,000 par, due 7/1/2028						(1)						1,816,060
			HP Inc						4.750%, $1,340,000 par, due 1/15/2028						(1)						1,338,109
			HSBC Holdings PLC						2.013%, $1,700,000 par, due 9/22/2028						(1)						1,567,657
			HSBC Holdings PLC						2.206%, $800,000 par, due 8/17/2029						(1)						718,801
			HSBC Holdings PLC						4.041%, $1,500,000 par, due 3/13/2028						(1)						1,468,257
			HSBC Holdings PLC						2.099%, $825,000 par, due 6/4/2026						(1)						815,305
			Huntington Auto Trust 2024-1						5.230%, $4,870,000 par, due 1/16/2029						(1)						4,919,708
			Huntington Bancshares Inc/OH						4.443%, $865,000 par, due 8/4/2028						(1)						856,119
			Huntington National Bank/The						4.552%, $705,000 par, due 5/17/2028						(1)						699,376
			Hyundai Auto Lease Securitization Trust 2024-A						5.020%, $9,290,000 par, due 3/15/2027						(1)						9,338,039
			Hyundai Auto Lease Securitization Trust 2024-B						5.410%, $2,035,000 par, due 5/17/2027						(1)						2,058,724
			Hyundai Auto Lease Securitization Trust 2024-C						4.620%, $4,725,000 par, due 4/17/2028						(1)						4,727,363
			Hyundai Auto Receivables Trust 2023-B						5.480%, $3,305,000 par, due 4/17/2028						(1)						3,341,114
			Hyundai Auto Receivables Trust 2023-C						5.540%, $6,205,000 par, due 10/16/2028						(1)						6,296,238
			Hyundai Auto Receivables Trust 2024-A						4.990%, $2,685,000 par, due 2/15/2029						(1)						2,704,783
			Hyundai Auto Receivables Trust 2024-B						4.840%, $1,970,000 par, due 3/15/2029						(1)						1,979,992
			Hyundai Capital America						4.300%, $1,060,000 par, due 9/24/2027						(1)						1,042,803
			Ingredion Inc						3.200%, $1,032,000 par, due 10/1/2026						(1)						1,003,279
			International Business Machines Corp						2.200%, $1,335,000 par, due 2/9/2027						(1)						1,268,193
			Interstate Power and Light Co						3.600%, $450,000 par, due 4/1/2029						(1)						426,146
			INTOWN 2022-STAY Mortgage Trust						6.886%, $2,465,000 par, due 8/15/2039						(1)						2,466,541
			JobsOhio Beverage System						3.985%, $2,000,000 par, due 1/1/2029						(1)						1,977,480
			John Deere Owner Trust 2023						5.010%, $975,000 par, due 11/15/2027						(1)						979,339
			John Deere Owner Trust 2024						4.960%, $4,040,000 par, due 11/15/2028						(1)						4,070,866
			John Deere Owner Trust 2024-C						4.060%, $2,785,000 par, due 6/15/2029						(1)						2,753,507
			JPMBB Commercial Mortgage Sec Trust 2015-C30						3.822%, $910,000 par, due 7/15/2048						(1)						895,942
			JPMCC Commercial Mortgage Sec Corp						5.998%, $1,595,000 par, due 3/15/2039						(1)						1,598,988
			JPMCC Commercial Mortgage Sec Trust 2015-JP1						3.914%, $2,073,000 par, due 1/15/2049						(1)						2,047,075
			JPMCC Commercial Mortgage Sec Trust 2022-NLP						4.994%, $4,534,819 par, due 4/15/2037						(1)						4,434,205
			JPMDB Commercial Mortgage Securities Trust 2016-C2						2.881%, $3,612,814 par, due 6/15/2049						(1)						3,541,241
			JPMDB Commercial Mortgage Securities Trust 2016-C2						3.144%, $275,000 par, due 6/15/2049						(1)						266,700
			JPMDB Commercial Mortgage Securities Trust 2016-C4						2.882%, $3,322,973 par, due 12/15/2049						(1)						3,231,774
			JPMorgan Chase & Co						1.045%, $200,000 par, due 11/19/2026						(1)						193,554
			JPMorgan Chase & Co						1.470%, $1,500,000 par, due 9/22/2027						(1)						1,419,081
			JPMorgan Chase & Co						2.947%, $1,900,000 par, due 2/24/2028						(1)						1,827,981
			JPMorgan Chase & Co						4.323%, $1,940,000 par, due 4/26/2028						(1)						1,916,609
			JPMorgan Chase & Co						4.851%, $615,000 par, due 7/25/2028						(1)						614,950
			JPMorgan Chase & Co						6.070%, $1,370,000 par, due 10/22/2027						(1)						1,401,833
			JPMorgan Chase & Co						5.040%, $1,200,000 par, due 1/23/2028						(1)						1,204,362
			JPMorgan Chase & Co						5.571%, $3,020,000 par, due 4/22/2028						(1)						3,071,567
			JPMorgan Chase & Co						4.979%, $900,000 par, due 7/22/2028						(1)						903,013
			KeyBank NA/Cleveland OH						5.850%, $760,000 par, due 11/15/2027						(1)						778,641
			KeyBank NA/Cleveland OH						4.700%, $910,000 par, due 1/26/2026						(1)						908,272
			Kimco Realty OP LLC						3.800%, $1,555,000 par, due 4/1/2027						(1)						1,523,169
			Kinder Morgan Inc						1.750%, $500,000 par, due 11/15/2026						(1)						474,049
			Kubota Credit Owner Trust 2024-1						5.190%, $3,480,000 par, due 7/17/2028						(1)						3,518,343
			L3Harris Technologies Inc						4.400%, $800,000 par, due 6/15/2028						(1)						785,830
			L3Harris Technologies Inc						5.400%, $1,740,000 par, due 1/15/2027						(1)						1,761,273
			La Joya Independent School District						5.000%, $2,650,000 par, due 2/15/2027						(1)						2,681,880
			Laboratory Corp of America Holdings						3.600%, $1,540,000 par, due 9/1/2027						(1)						1,497,524
			Lake Central Multi-District School Building Corp						0.983%, $1,000,000 par, due 1/15/2025						(1)						998,790
			Lennox International Inc						1.350%, $1,450,000 par, due 8/1/2025						(1)						1,419,134

    23    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Lennox International Inc						5.500%, $960,000 par, due 9/15/2028						(1)						$	975,665
			Life 2021-BMR Mortgage Trust						5.212%, $2,125,600 par, due 3/15/2038						(1)						2,099,030
			Life 2022-BMR Mortgage Trust						5.692%, $3,210,000 par, due 5/15/2039						(1)						3,137,775
			Louisiana Local Govt Env Fac. & Comm Dev Auth						3.615%, $2,975,693 par, due 2/1/2027						(1)						2,940,342
			Louisiana Local Govt Env Fac. & Comm Dev Auth						5.081%, $2,967,740 par, due 6/1/2031						(1)						2,983,053
			Lowe's Cos Inc						3.350%, $185,000 par, due 4/1/2027						(1)						179,700
			M&T Bank Auto Receivables Trust 2024-1						5.220%, $2,200,000 par, due 2/17/2032						(1)						2,218,291
			Manufacturers & Traders Trust Co						4.650%, $1,200,000 par, due 1/27/2026						(1)						1,196,579
			Manufacturers & Traders Trust Co						5.400%, $1,745,000 par, due 11/21/2025						(1)						1,750,198
			Marathon Petroleum Corp						4.700%, $2,435,000 par, due 5/1/2025						(1)						2,432,275
			Marathon Petroleum Corp						3.800%, $1,640,000 par, due 4/1/2028						(1)						1,582,457
			Masco Corp						3.500%, $1,195,000 par, due 11/15/2027						(1)						1,150,830
			Massachusetts School Building Authority						1.134%, $2,000,000 par, due 8/15/2026						(1)						1,902,200
			Mercedes-Benz Auto Lease Trust 2024-A						5.320%, $3,475,000 par, due 1/18/2028						(1)						3,516,116
			Mercedes-Benz Auto Receivables Trust 2023-2						5.950%, $4,780,000 par, due 11/15/2028						(1)						4,868,119
			Mercedes-Benz Auto Receivables Trust 2024-1						4.800%, $9,615,000 par, due 4/16/2029						(1)						9,657,566
			Mercedes-Benz Finance North America LLC						4.900%, $830,000 par, due 11/15/2027						(1)						828,473
			Mercedes-Benz Finance North America LLC						4.750%, $1,900,000 par, due 8/1/2027						(1)						1,896,954
			METLIFE SECURITIZATION TRUST 2019-1						3.750%, $60,611 par, due 4/25/2058						(1)						59,483
			MHC Commercial Mortgage Trust 2021-MHC						5.312%, $1,314,825 par, due 4/15/2038						(1)						1,314,003
			Michigan Finance Authority Student ABS 2021-1						4.953%, $533,877 par, due 7/25/2061						(1)						532,762
			Microchip Technology Inc						4.900%, $1,350,000 par, due 3/15/2028						(1)						1,345,719
			Mid-America Apartments LP						1.100%, $1,600,000 par, due 9/15/2026						(1)						1,507,250
			Mid-Atlantic Interstate Transmission LLC						4.100%, $1,830,000 par, due 5/15/2028						(1)						1,776,143
			Missouri Higher Education Loan Authority						5.669%, $2,349,187 par, due 3/25/2061						(1)						2,292,173
			Missouri Higher Education Loan Authority						6.179%, $1,312,003 par, due 1/25/2061						(1)						1,284,425
			Mitsubishi UFJ Financial Group Inc						4.080%, $1,490,000 par, due 4/19/2028						(1)						1,464,351
			Mitsubishi UFJ Financial Group Inc						2.341%, $599,000 par, due 1/19/2028						(1)						569,852
			MMAF Equipment Finance LLC 2020-A						0.970%, $2,270,400 par, due 4/9/2027						(1)						2,208,925
			MMAF Equipment Finance LLC 2021-A						0.560%, $1,189,076 par, due 6/13/2028						(1)						1,168,741
			MMAF Equipment Finance LLC 2022-A						3.200%, $2,103,374 par, due 1/13/2028						(1)						2,083,541
			MMAF Equipment Finance LLC 2024-A						4.950%, $3,655,000 par, due 7/14/2031						(1)						3,669,174
			Mondelez International Holdings Netherlands BV						1.250%, $1,000,000 par, due 9/24/2026						(1)						941,675
			Monongahela Power Co						3.550%, $500,000 par, due 5/15/2027						(1)						484,968
			Morgan Stanley						2.475%, $1,225,000 par, due 1/21/2028						(1)						1,167,276
			Morgan Stanley						4.679%, $1,590,000 par, due 7/17/2026						(1)						1,588,348
			Morgan Stanley						5.652%, $820,000 par, due 4/13/2028						(1)						833,929
			Morgan Stanley						1.593%, $1,160,000 par, due 5/4/2027						(1)						1,111,967
			Morgan Stanley						6.138%, $100,000 par, due 10/16/2026						(1)						101,012
			Morgan Stanley BAML Trust 2016-C28						3.272%, $755,365 par, due 1/15/2049						(1)						746,222
			Morgan Stanley BAML Trust 2016-C31						2.840%, $2,975,897 par, due 11/15/2049						(1)						2,894,676
			Morgan Stanley Bank NA						4.968%, $1,670,000 par, due 7/14/2028						(1)						1,675,247
			Morgan Stanley Bank NA						4.952%, $2,410,000 par, due 1/14/2028						(1)						2,413,258
			Mosaic Co/The						4.050%, $1,060,000 par, due 11/15/2027						(1)						1,038,545
			MPLX LP						4.875%, $725,000 par, due 6/1/2025						(1)						724,510
			MPLX LP						4.000%, $175,000 par, due 2/15/2025						(1)						174,784
			MPLX LP						4.125%, $675,000 par, due 3/1/2027						(1)						665,023
			MPLX LP						1.750%, $1,500,000 par, due 3/1/2026						(1)						1,448,150
			Mutual of Omaha Cos Global Funding						5.450%, $850,000 par, due 12/12/2028						(1)						858,971
			Mutual of Omaha Cos Global Funding						5.350%, $1,880,000 par, due 4/9/2027						(1)						1,894,619
			Mutual of Omaha Cos Global Funding						5.800%, $1,130,000 par, due 7/27/2026						(1)						1,144,533
			Navient Private Education Refi Loan Trust 2021-E						0.970%, $2,335,922 par, due 12/16/2069						(1)						2,056,822
			Navient Private Education Refi Loan Trust 2021-G						1.580%, $3,836,882 par, due 4/15/2070						(1)						3,386,712
			Navient Private Education Refi Loan Trust 2022-A						2.230%, $2,277,581 par, due 7/15/2070						(1)						2,042,288
			Navient Student Loan Trust 2020-FA						1.220%, $1,546,163 par, due 7/15/2069						(1)						1,427,849
			Navient Student Loan Trust 2021-1						5.283%, $2,038,956 par, due 12/26/2069						(1)						2,024,010
			Navistar Fin Dealer Note Master Owner Trust II						6.180%, $1,260,000 par, due 8/25/2028						(1)						1,271,494
			Navistar Financial Dealer Note Master Owner Trust						5.590%, $425,000 par, due 4/25/2029						(1)						429,654
			Nebraska Investment Finance Authority						5.000%, $805,000 par, due 3/1/2050						(1)						793,521
			Nelnet Student Loan Trust 2021-A						5.285%, $2,672,381 par, due 4/20/2062						(1)						2,664,177
			Nelnet Student Loan Trust 2021-A						1.360%, $2,260,121 par, due 4/20/2062						(1)						2,090,820
			Nelnet Student Loan Trust 2021-B						5.265%, $223,530 par, due 4/20/2062						(1)						222,836
			Nelnet Student Loan Trust 2021-C						5.225%, $3,469,377 par, due 4/20/2062						(1)						3,452,228
			Nelnet Student Loan Trust 2021-D						5.175%, $3,087,836 par, due 4/20/2062						(1)						3,071,341
			New York Life Global Funding						4.900%, $1,520,000 par, due 6/13/2028						(1)						1,526,857
			Newmont Corp / Newcrest Finance Pty Ltd						5.300%, $1,560,000 par, due 3/15/2026						(1)						1,570,903

    24    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			NextEra Energy Capital Holdings Inc						6.051%, $75,000 par, due 3/1/2025						(1)						$	75,133
			Nissan Auto Lease Trust 2024-A						4.910%, $7,420,000 par, due 4/15/2027						(1)						7,454,555
			Nissan Auto Lease Trust 2024-B						4.920%, $4,730,000 par, due 11/15/2027						(1)						4,761,795
			Nissan Master Owner Trust Receivables						5.050%, $1,605,000 par, due 2/15/2029						(1)						1,615,327
			NNN REIT Inc						4.000%, $840,000 par, due 11/15/2025						(1)						833,146
			NNN REIT Inc						3.500%, $640,000 par, due 10/15/2027						(1)						617,953
			Northrop Grumman Corp						3.250%, $1,500,000 par, due 1/15/2028						(1)						1,433,546
			Northwestern Mutual Global Funding						4.900%, $1,290,000 par, due 6/12/2028						(1)						1,290,468
			Northwestern Mutual Global Funding						4.350%, $1,517,000 par, due 9/15/2027						(1)						1,504,991
			NTT Finance Corp						5.104%, $1,450,000 par, due 7/2/2027						(1)						1,462,643
			NTT Finance Corp						1.162%, $1,615,000 par, due 4/3/2026						(1)						1,546,359
			Nucor Corp						4.300%, $655,000 par, due 5/23/2027						(1)						649,732
			Nucor Corp						3.950%, $508,000 par, due 5/23/2025						(1)						506,161
			Nutrien Ltd						3.000%, $460,000 par, due 4/1/2025						(1)						457,957
			Nutrien Ltd						5.200%, $1,320,000 par, due 6/21/2027						(1)						1,333,463
			NXP BV / NXP Funding LLC / NXP USA Inc						4.400%, $1,450,000 par, due 6/1/2027						(1)						1,436,003
			Oncor Electric Delivery Co LLC						3.700%, $873,000 par, due 11/15/2028						(1)						839,684
			ONEOK Inc						4.250%, $1,020,000 par, due 9/24/2027						(1)						1,005,150
			ONEOK Inc						5.000%, $840,000 par, due 3/1/2026						(1)						841,353
			Oracle Corp						2.500%, $1,390,000 par, due 4/1/2025						(1)						1,382,009
			Oracle Corp						2.300%, $1,300,000 par, due 3/25/2028						(1)						1,201,803
			Oracle Corp						1.650%, $3,485,000 par, due 3/25/2026						(1)						3,360,237
			Orlando Health Obligated Group						3.777%, $350,000 par, due 10/1/2028						(1)						335,243
			Pacific Life Global Funding II						4.900%, $438,000 par, due 4/4/2028						(1)						436,230
			PacifiCorp						3.350%, $2,300,000 par, due 7/1/2025						(1)						2,282,400
			Parker-Hannifin Corp						4.250%, $1,875,000 par, due 9/15/2027						(1)						1,855,037
			PeaceHealth Obligated Group						1.375%, $2,065,000 par, due 11/15/2025						(1)						2,000,960
			Petroleos Mexicanos						2.460%, $115,000 par, due 12/15/2025						(1)						110,602
			Petroleos Mexicanos						5.268%, $49,500 par, due 4/15/2025						(1)						49,477
			PFS Financing Corp						4.750%, $800,000 par, due 8/15/2029						(1)						798,062
			PFS Financing Corp						4.950%, $3,360,000 par, due 2/15/2029						(1)						3,377,606
			PHEAA Student Loan Trust 2016-1						5.833%, $542,933 par, due 9/25/2065						(1)						544,955
			Phillips 66 Co						3.750%, $1,580,000 par, due 3/1/2028						(1)						1,529,769
			PNC Bank NA						3.250%, $970,000 par, due 1/22/2028						(1)						928,910
			PNC Financial Services Group Inc/The						5.102%, $1,200,000 par, due 7/23/2027						(1)						1,206,032
			PNC Financial Services Group Inc/The						6.615%, $770,000 par, due 10/20/2027						(1)						793,225
			PNC Financial Services Group Inc/The						5.812%, $1,020,000 par, due 6/12/2026						(1)						1,024,336
			Porsche Financial Auto Securitization Trust 2023-2						5.790%, $6,285,000 par, due 1/22/2029						(1)						6,338,404
			PPG Industries Inc						1.200%, $1,965,000 par, due 3/15/2026						(1)						1,881,973
			Principal Life Global Funding II						4.600%, $1,260,000 par, due 8/19/2027						(1)						1,256,255
			Principal Life Global Funding II						1.500%, $2,035,000 par, due 11/17/2026						(1)						1,920,055
			Protective Life Global Funding						1.303%, $2,500,000 par, due 9/20/2026						(1)						2,358,653
			Protective Life Global Funding						4.335%, $1,410,000 par, due 9/13/2027						(1)						1,396,657
			Protective Life Global Funding						4.714%, $855,000 par, due 7/6/2027						(1)						853,711
			REALTY INCOME CORP						4.125%, $1,860,000 par, due 10/15/2026						(1)						1,842,244
			Regions Financial Corp						2.250%, $100,000 par, due 5/18/2025						(1)						98,995
			Reliance Industries Ltd						1.870%, $57,316 par, due 1/15/2026						(1)						56,425
			Reliance Industries Ltd						2.444%, $1,147,105 par, due 1/15/2026						(1)						1,132,984
			Reliance Industries Ltd						2.512%, $783,750 par, due 1/15/2026						(1)						771,723
			RI State Std Ln Authority						6.076%, $137,102 par, due 9/1/2036						(1)						136,881
			Rochester Gas and Electric Corp						3.100%, $1,940,000 par, due 6/1/2027						(1)						1,855,618
			Rogers Communications Inc						2.950%, $770,000 par, due 3/15/2025						(1)						765,773
			Rogers Communications Inc						3.200%, $1,710,000 par, due 3/15/2027						(1)						1,651,562
			Roper Technologies Inc						3.800%, $380,000 par, due 12/15/2026						(1)						374,100
			Royal Bank of Canada						4.784%, $2,535,000 par, due 12/12/2025						(1)						2,537,953
			Royal Bank of Canada						4.522%, $1,240,000 par, due 10/18/2028						(1)						1,229,574
			Royal Bank of Canada						5.069%, $700,000 par, due 7/23/2027						(1)						703,170
			RTX Corp						5.750%, $850,000 par, due 11/8/2026						(1)						864,984
			RTX Corp						3.125%, $2,950,000 par, due 5/4/2027						(1)						2,846,871
			Ryder System Inc						5.300%, $640,000 par, due 3/15/2027						(1)						646,975
			Sabine Pass Liquefaction LLC						4.200%, $780,000 par, due 3/15/2028						(1)						761,490
			Sabine Pass Liquefaction LLC						5.875%, $690,000 par, due 6/30/2026						(1)						696,500
			Santa Monica Community College District						1.496%, $1,500,000 par, due 8/1/2028						(1)						1,352,205
			Santander Drive Auto Receivables Trust 2022-7						5.750%, $147,773 par, due 4/15/2027						(1)						147,894
			SBA Small Business Investment Cos						5.688%, $24,237,499 par, due 9/10/2033						(1)						24,715,463
			SBA Small Business Investment Cos						2.517%, $59,722 par, due 3/10/2025						(1)						59,424

    25    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			SBA Small Business Investment Cos						2.829%, $549,926 par, due 9/10/2025						(1)						$	542,517
			SBA Small Business Investment Cos						2.507%, $217,201 par, due 3/10/2026						(1)						212,087
			SBNA Auto Lease Trust 2024-B						5.560%, $2,490,000 par, due 11/22/2027						(1)						2,520,948
			SC State Std Ln Corp						5.183%, $412,835 par, due 1/25/2041						(1)						410,544
			Seasoned Credit Risk Transfer Trust						2.500%, $2,787,896 par, due 9/25/2060						(1)						2,518,730
			Seasoned Credit Risk Transfer Trust Series 2020-2						2.500%, $2,951,579 par, due 11/25/2059						(1)						2,569,007
			Seasoned Credit Risk Transfer Trust Series 2020-3						2.500%, $1,293,551 par, due 5/25/2060						(1)						1,120,277
			Seasoned Credit Risk Transfer Trust Series 2020-3						2.500%, $1,420,930 par, due 5/25/2060						(1)						1,290,038
			Sempra						3.300%, $1,495,000 par, due 4/1/2025						(1)						1,489,135
			SF City & Cty Public UTL Commission Wastewater Re						4.655%, $3,350,000 par, due 10/1/2027						(1)						3,355,494
			SFS Auto Receivables Securitization Trust 2024-1						4.950%, $3,635,000 par, due 5/21/2029						(1)						3,648,718
			SFS Auto Receivables Securitization Trust 2024-2						5.330%, $3,425,000 par, due 11/20/2029						(1)						3,458,579
			Sherwin-Williams Co/The						3.450%, $3,090,000 par, due 6/1/2027						(1)						3,004,348
			Simon Property Group LP						3.300%, $175,000 par, due 1/15/2026						(1)						172,756
			SLM Student Loan Trust 2003-10						5.740%, $3,516,634 par, due 12/17/2068						(1)						3,511,145
			SLM Student Loan Trust 2013-2						5.133%, $221,610 par, due 6/25/2043						(1)						217,209
			Southern California Edison Co						4.900%, $85,000 par, due 6/1/2026						(1)						85,143
			Southern Co Gas Capital Corp						3.875%, $390,000 par, due 11/15/2025						(1)						386,415
			Stanley Black & Decker Inc						2.300%, $535,000 par, due 2/24/2025						(1)						532,949
			State of Hawaii						1.283%, $475,000 par, due 8/1/2026						(1)						453,345
			State of Utah						3.539%, $263,734 par, due 7/1/2025						(1)						262,777
			State Street Corp						2.203%, $1,600,000 par, due 2/7/2028						(1)						1,520,451
			State Street Corp						1.746%, $1,730,000 par, due 2/6/2026						(1)						1,724,350
			State Street Corp						4.530%, $1,490,000 par, due 2/20/2029						(1)						1,473,166
			Sumitomo Mitsui Financial Group Inc						1.402%, $350,000 par, due 9/17/2026						(1)						330,968
			Sutter Health						1.321%, $1,940,000 par, due 8/15/2025						(1)						1,897,227
			Synchrony Card Funding LLC						4.930%, $3,815,000 par, due 7/15/2030						(1)						3,839,176
			Take-Two Interactive Software Inc						5.000%, $865,000 par, due 3/28/2026						(1)						867,226
			Take-Two Interactive Software Inc						3.550%, $270,000 par, due 4/14/2025						(1)						269,012
			Take-Two Interactive Software Inc						4.950%, $1,000,000 par, due 3/28/2028						(1)						999,802
			Tesla Auto Lease Trust 2024-A						5.300%, $2,040,000 par, due 6/21/2027						(1)						2,051,877
			Tesla Electric Vehicle Trust 2023-1						5.380%, $3,240,000 par, due 6/20/2028						(1)						3,270,945
			T-Mobile USA Inc						2.250%, $660,000 par, due 2/15/2026						(1)						641,043
			T-Mobile USA Inc						2.625%, $1,310,000 par, due 4/15/2026						(1)						1,276,616
			Toronto-Dominion Bank/The						2.800%, $1,500,000 par, due 3/10/2027						(1)						1,438,950
			Toronto-Dominion Bank/The						4.980%, $1,560,000 par, due 4/5/2027						(1)						1,565,388
			Towd Point Mortgage Trust 2017-5						5.053%, $84,115 par, due 2/25/2057						(1)						87,809
			Towd Point Mortgage Trust 2017-6						2.750%, $181,900 par, due 10/25/2057						(1)						177,616
			Towd Point Mortgage Trust 2018-1						3.000%, $59,408 par, due 1/25/2058						(1)						58,430
			Towd Point Mortgage Trust 2018-2						3.250%, $646,105 par, due 3/25/2058						(1)						634,789
			Towd Point Mortgage Trust 2018-3						3.750%, $560,323 par, due 5/25/2058						(1)						545,645
			Towd Point Mortgage Trust 2018-6						3.750%, $140,032 par, due 3/25/2058						(1)						138,501
			Towd Point Mortgage Trust 2019-HY3						5.453%, $844,752 par, due 10/25/2059						(1)						863,204
			Towd Point Mortgage Trust 2021-1						2.250%, $2,862,313 par, due 11/25/2061						(1)						2,632,939
			Toyota Auto Loan Extended Note Trust 2021-1						1.070%, $5,835,000 par, due 2/27/2034						(1)						5,611,292
			Toyota Auto Loan Extended Note Trust 2022-1						3.820%, $2,105,000 par, due 4/25/2035						(1)						2,068,327
			Toyota Auto Receivables 2021-C Owner Trust						0.430%, $20,920 par, due 1/15/2026						(1)						20,852
			Toyota Auto Receivables 2024-A Owner Trust						4.830%, $5,440,000 par, due 10/16/2028						(1)						5,467,793
			Toyota Auto Receivables 2024-B Owner Trust						5.330%, $2,440,000 par, due 1/16/2029						(1)						2,473,157
			Toyota Lease Owner Trust 2023-B						5.660%, $3,640,000 par, due 11/20/2026						(1)						3,672,152
			Toyota Lease Owner Trust 2024-A						5.250%, $5,610,000 par, due 4/20/2027						(1)						5,654,470
			Toyota Lease Owner Trust 2024-B						4.210%, $3,960,000 par, due 9/20/2027						(1)						3,936,992
			Trane Technologies Financing Ltd						3.500%, $1,260,000 par, due 3/21/2026						(1)						1,242,446
			Trinity Health						2.734%, $2,000,000 par, due 12/1/2027						(1)						1,912,660
			Truist Bank						3.625%, $2,535,000 par, due 9/16/2025						(1)						2,515,027
			Truist Bank						3.800%, $1,885,000 par, due 10/30/2026						(1)						1,849,818
			Truist Financial Corp						4.260%, $2,040,000 par, due 7/28/2026						(1)						2,031,975
			TSMC Arizona Corp						1.750%, $1,695,000 par, due 10/25/2026						(1)						1,606,024
			TSMC Global Ltd						0.750%, $1,375,000 par, due 9/28/2025						(1)						1,335,847
			UBS Commercial Mortgage Trust 2017-C3						3.167%, $3,675,000 par, due 8/15/2050						(1)						3,567,205
			UBS Group AG						4.488%, $1,100,000 par, due 5/12/2026						(1)						1,097,443
			UBS Group AG						1.494%, $540,000 par, due 8/10/2027						(1)						510,899
			UBS Group AG						6.327%, $940,000 par, due 12/22/2027						(1)						964,668
			UDR Inc						2.950%, $1,765,000 par, due 9/1/2026						(1)						1,711,261
			Union Electric Co						2.950%, $2,000,000 par, due 6/15/2027						(1)						1,921,760
			United States Small Business Administration						5.290%, $150,485 par, due 12/1/2027						(1)						149,934

    26    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			United States Small Business Administration						5.720%, $53,939 par, due 1/1/2029						(1)						$	53,917
			United States Small Business Administration						4.760%, $106,652 par, due 9/1/2025						(1)						106,022
			United States Small Business Administration						1.880%, $4,874 par, due 3/1/2025						(1)						4,859
			United States Small Business Administration						5.510%, $46,874 par, due 11/1/2027						(1)						47,181
			United States Small Business Administration						6.770%, $67,513 par, due 11/1/2028						(1)						69,432
			United States Small Business Administration						5.630%, $208,465 par, due 10/1/2028						(1)						208,392
			United States Treasury Note/Bond						3.875%, $22,705,000 par, due 10/15/2027						(1)						22,463,759
			United States Treasury Note/Bond						4.500%, $56,475,000 par, due 5/15/2027						(1)						56,750,767
			United States Treasury Note/Bond						4.250%, $45,005,000 par, due 3/15/2027						(1)						44,989,158
			United States Treasury Note/Bond						4.500%, $18,915,000 par, due 4/15/2027						(1)						19,008,100
			United States Treasury Note/Bond						4.125%, $6,460,000 par, due 10/31/2026						(1)						6,444,858
			United States Treasury Note/Bond						4.125%, $22,760,000 par, due 11/15/2027						(1)						22,656,874
			United States Treasury Note/Bond						4.000%, $14,460,000 par, due 12/15/2027						(1)						14,347,038
			United States Treasury Note/Bond						4.625%, $36,505,000 par, due 6/15/2027						(1)						36,807,298
			US Bancorp						2.215%, $1,935,000 par, due 1/27/2028						(1)						1,834,475
			US Bancorp						4.548%, $2,240,000 par, due 7/22/2028						(1)						2,221,437
			VCM Lease SA						2.516%, $246,354 par, due 9/28/2027						(1)						237,779
			Ventas Realty LP						2.650%, $570,000 par, due 1/15/2025						(1)						569,089
			Ventas Realty LP						3.500%, $820,000 par, due 2/1/2025						(1)						818,582
			Ventas Realty LP						3.850%, $720,000 par, due 4/1/2027						(1)						703,097
			Verizon Communications Inc						2.100%, $2,400,000 par, due 3/22/2028						(1)						2,207,587
			Verizon Communications Inc						4.125%, $856,000 par, due 3/16/2027						(1)						846,262
			Verizon Master Trust						5.670%, $3,840,000 par, due 11/20/2029						(1)						3,917,480
			Verizon Master Trust						5.000%, $3,545,000 par, due 12/20/2028						(1)						3,563,041
			Verizon Master Trust						5.340%, $3,950,000 par, due 4/22/2030						(1)						4,016,159
			Verizon Master Trust						4.170%, $6,225,000 par, due 8/20/2030						(1)						6,164,468
			Verizon Master Trust						5.160%, $1,765,000 par, due 6/20/2029						(1)						1,781,646
			Verizon Master Trust						4.620%, $1,280,000 par, due 11/20/2030						(1)						1,278,644
			Vermont Std Asst Corp						5.505%, $94,561 par, due 7/28/2034						(1)						94,373
			Vermont Std Asst Corp						5.555%, $77,597 par, due 4/30/2035						(1)						77,270
			Volkswagen Auto Lease Trust 2024-A						5.210%, $3,855,000 par, due 6/21/2027						(1)						3,891,098
			Volkswagen Auto Loan Enhanced Trust 2023-2						5.480%, $6,620,000 par, due 12/20/2028						(1)						6,727,741
			Volkswagen Group of America Finance LLC						3.350%, $895,000 par, due 5/13/2025						(1)						889,857
			Volkswagen Group of America Finance LLC						5.700%, $1,770,000 par, due 9/12/2026						(1)						1,785,312
			Volkswagen Group of America Finance LLC						4.850%, $500,000 par, due 8/15/2027						(1)						494,753
			Warnermedia Holdings Inc						3.638%, $1,085,000 par, due 3/15/2025						(1)						1,081,339
			Warnermedia Holdings Inc						3.755%, $2,345,000 par, due 3/15/2027						(1)						2,259,131
			Washington Aircraft 1 Co DAC						2.637%, $241,006 par, due 9/15/2026						(1)						235,368
			Waste Management Inc						4.500%, $1,990,000 par, due 3/15/2028						(1)						1,977,835
			WEC Energy Group Inc						3.550%, $1,155,000 par, due 6/15/2025						(1)						1,146,925
			WEC Energy Group Inc						1.375%, $900,000 par, due 10/15/2027						(1)						821,563
			WEC Energy Group Inc						5.600%, $622,000 par, due 9/12/2026						(1)						629,919
*			Wells Fargo Commercial Mortgage Trust 2015-C31						3.695%, $1,935,000 par, due 11/15/2048						(1)						1,916,385
*			Wells Fargo Commercial Mortgage Trust 2016-C33						3.162%, $1,495,953 par, due 3/15/2059						(1)						1,475,080
*			Wells Fargo Commercial Mortgage Trust 2016-C35						2.674%, $786,497 par, due 7/15/2048						(1)						766,191
*			Wells Fargo Commercial Mortgage Trust 2016-LC24						2.684%, $911,182 par, due 10/15/2049						(1)						885,022
*			Wells Fargo Commercial Mortgage Trust 2016-NXS6						2.642%, $3,375,000 par, due 11/15/2049						(1)						3,292,076
*			Wells Fargo Commercial Mortgage Trust 2017-C38						3.190%, $2,596,627 par, due 7/15/2050						(1)						2,494,893
*			Wells Fargo Commercial Mortgage Trust 2017-C39						3.157%, $4,610,000 par, due 9/15/2050						(1)						4,387,014
			Welltower OP LLC						4.250%, $1,000,000 par, due 4/15/2028						(1)						978,932
			Welltower OP LLC						4.000%, $100,000 par, due 6/1/2025						(1)						99,631
			Weyerhaeuser Co						4.750%, $2,295,000 par, due 5/15/2026						(1)						2,295,468
			Wheels Fleet Lease Funding 1 LLC						5.800%, $2,854,036 par, due 4/18/2038						(1)						2,871,934
			Wheels Fleet Lease Funding 1 LLC						6.460%, $3,654,828 par, due 8/18/2038						(1)						3,723,367
			Wheels Fleet Lease Funding 1 LLC						5.490%, $4,005,000 par, due 2/18/2039						(1)						4,050,581
			Williams Cos Inc/The						5.400%, $1,795,000 par, due 3/2/2026						(1)						1,807,242
			Williams Cos Inc/The						4.900%, $780,000 par, due 3/15/2029						(1)						774,240
			Windermere Aviation LLC						2.351%, $274,509 par, due 5/27/2026						(1)						268,475
			Wisconsin Power and Light Co						3.050%, $800,000 par, due 10/15/2027						(1)						765,669
			WMRK Commercial Mortgage Trust 2022-WMRK						7.186%, $400,000 par, due 11/15/2027						(1)						403,865
			World Omni Auto Lease Sec Trust 2024						5.260%, $3,135,000 par, due 10/15/2027						(1)						3,170,814
			World Omni Auto Receivables Trust 2023-D						5.790%, $4,800,000 par, due 2/15/2029						(1)						4,884,216
			World Omni Auto Receivables Trust 2024-B						5.270%, $2,735,000 par, due 9/17/2029						(1)						2,769,412
			World Omni Auto Receivables Trust 2024-C						4.430%, $3,730,000 par, due 12/17/2029						(1)						3,716,725
			WRKCo Inc						3.375%, $2,600,000 par, due 9/15/2027						(1)						2,501,309
			WRKCo Inc						3.750%, $1,050,000 par, due 3/15/2025						(1)						1,047,220

    27    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Blackrock Treasury Trust Fund						4.337%, 21,444,611 shares						(1)						$	21,444,611
																					1,452,217,418
									Accrued income receivable												8,186,588
									Receivable for investment payments due												885,974
									Payable for securities purchased on a forward commitment basis												(12,800,308)
									Variation margin payable												(2,328)
									Deposit with Broker												178,800
																					1,448,666,144
			American General Life Ins. Co.						3.18%						(1)						—
			Massachusetts Mutual Life Ins. Co.						3.25%						(1)						—
			Metropolitan Tower Life Ins. Co.						3.18%						(1)						—
			Nationwide Life Ins. Co.						3.30%						(1)						—
			Pacific Life Ins. Co.						3.33%						(1)						—
			Prudential Ins. Co. of America						3.36%						(1)						—
			Royal Bank of Canada						3.13%						(1)						—
			State Street Bank and Trust Co.						3.29%						(1)						—
			Transamerica Life Ins. Co.						3.29%						(1)						—
			Voya Ret. Ins. and Annuity Co.						3.20%						(1)						—
			Access Group Inc 2013-1						5.183%, $121,461 par, due 2/25/2036						(1)						121,027
			Advocate Health & Hospitals Corp						2.211%, $1,555,000 par, due 6/15/2030						(1)						1,353,912
			Agilent Technologies Inc						2.750%, $1,020,000 par, due 9/15/2029						(1)						926,530
			Agilent Technologies Inc						2.100%, $650,000 par, due 6/4/2030						(1)						559,680
			Agree LP						2.900%, $1,570,000 par, due 10/1/2030						(1)						1,391,062
			Alabama Federal Aid Highway Finance Authority						2.256%, $1,520,000 par, due 9/1/2033						(1)						1,237,584
			Albemarle Corp						4.650%, $420,000 par, due 6/1/2027						(1)						416,448
			Albemarle Corp						5.050%, $640,000 par, due 6/1/2032						(1)						609,160
			Alexandria Real Estate Equities Inc						4.300%, $285,000 par, due 1/15/2026						(1)						283,563
			Ameren Missouri Securitization Funding I LLC						4.850%, $1,485,000 par, due 10/1/2039						(1)						1,453,162
			American Express Co						5.282%, $370,000 par, due 7/27/2029						(1)						374,128
			American Express Co						5.532%, $1,390,000 par, due 4/25/2030						(1)						1,415,840
			American Honda Finance Corp						4.900%, $880,000 par, due 3/13/2029						(1)						876,924
			American Honda Finance Corp						4.400%, $850,000 par, due 9/5/2029						(1)						826,426
			AMEX Credit Account Master Trust 2023-1						4.870%, $2,745,000 par, due 5/15/2028						(1)						2,759,472
			Amgen Inc						5.150%, $1,130,000 par, due 3/2/2028						(1)						1,138,131
			Amphenol Corp						5.050%, $535,000 par, due 4/5/2029						(1)						538,328
			Anglo American Capital PLC						2.250%, $340,000 par, due 3/17/2028						(1)						310,969
			Anglo American Capital PLC						4.875%, $1,240,000 par, due 5/14/2025						(1)						1,238,583
			Aon Corp						3.750%, $730,000 par, due 5/2/2029						(1)						693,128
			Aon Corp / Aon Global Holdings PLC						5.150%, $640,000 par, due 3/1/2029						(1)						642,053
			Ascension Health						2.532%, $3,000,000 par, due 11/15/2029						(1)						2,695,734
			Astrazeneca Finance LLC						4.850%, $850,000 par, due 2/26/2029						(1)						851,761
			AT&T Inc						4.500%, $870,000 par, due 5/15/2035						(1)						804,747
			AT&T Inc						2.250%, $2,730,000 par, due 2/1/2032						(1)						2,257,890
			AT&T Inc						1.700%, $2,140,000 par, due 3/25/2026						(1)						2,062,755
			AUTOZONE INC						5.100%, $1,020,000 par, due 7/15/2029						(1)						1,025,831
			BA Credit Card Trust						4.790%, $2,035,000 par, due 5/15/2028						(1)						2,043,901
			BAE Systems Holdings Inc						3.850%, $1,200,000 par, due 12/15/2025						(1)						1,188,905
			BAE Systems PLC						3.400%, $2,000,000 par, due 4/15/2030						(1)						1,844,540
			BAE Systems PLC						5.125%, $500,000 par, due 3/26/2029						(1)						501,025
			BANK 2017-BNK5						3.390%, $2,230,000 par, due 6/15/2060						(1)						2,145,351
			BANK 2017-BNK6						3.518%, $1,800,000 par, due 7/15/2060						(1)						1,735,247
			BANK 2017-BNK8						3.229%, $1,486,046 par, due 11/15/2050						(1)						1,427,493
			BANK 2018-BNK11						3.784%, $3,527,368 par, due 3/15/2061						(1)						3,396,069
			Bank of America Commercial Mtg Trust 2017-BNK3						3.311%, $2,078,080 par, due 2/15/2050						(1)						2,017,768
			Bank of America Corp						1.319%, $2,020,000 par, due 6/19/2026						(1)						1,986,989
			Bank of America Corp						4.571%, $1,490,000 par, due 4/27/2033						(1)						1,416,729
			Bank of America Corp						1.734%, $3,220,000 par, due 7/22/2027						(1)						3,069,987
			Bank of America Corp						4.271%, $2,180,000 par, due 7/23/2029						(1)						2,124,233
			Bank of America Corp						2.551%, $1,200,000 par, due 2/4/2028						(1)						1,144,223
			Bank of Montreal						5.717%, $500,000 par, due 9/25/2028						(1)						512,658
			Bank of Montreal						4.640%, $1,120,000 par, due 9/10/2030						(1)						1,098,492
			Bank of New York Mellon Corp						4.543%, $2,080,000 par, due 2/1/2029						(1)						2,063,984
			Bank of New York Mellon Corp						4.975%, $565,000 par, due 3/14/2030						(1)						565,716
			Bank of New York Mellon Corp						4.596%, $940,000 par, due 7/26/2030						(1)						928,753
			Bank of Nova Scotia/The						4.404%, $910,000 par, due 9/8/2028						(1)						900,695

    28    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Bank of Nova Scotia/The						4.850%, $340,000 par, due 2/1/2030						(1)						$	337,520
			Bank of Nova Scotia/The						5.250%, $1,400,000 par, due 6/12/2028						(1)						1,414,648
			Baxter International Inc						3.950%, $385,000 par, due 4/1/2030						(1)						363,780
			Baxter International Inc						1.915%, $2,120,000 par, due 2/1/2027						(1)						1,998,145
			Bayer US Finance II LLC						4.375%, $1,200,000 par, due 12/15/2028						(1)						1,153,904
			Bayer US Finance II LLC						4.250%, $790,000 par, due 12/15/2025						(1)						784,685
			BBCMS Mortgage Trust 2018-C2						4.047%, $1,735,000 par, due 12/15/2051						(1)						1,678,196
			BBCMS Mortgage Trust 2018-C2						4.314%, $2,040,000 par, due 12/15/2051						(1)						1,986,046
			Becton Dickinson & Co						4.693%, $680,000 par, due 2/13/2028						(1)						676,697
			Becton Dickinson & Co						4.298%, $100,000 par, due 8/22/2032						(1)						94,141
			Becton Dickinson & Co						2.823%, $640,000 par, due 5/20/2030						(1)						573,171
			Benchmark 2018-B8 Mortgage Trust						4.232%, $1,896,000 par, due 1/15/2052						(1)						1,814,902
			BFLD Commercial Mortgage Trust 2024-UNIV						5.890%, $1,605,000 par, due 11/15/2041						(1)						1,605,000
			Black Hills Corp						3.150%, $1,544,000 par, due 1/15/2027						(1)						1,490,059
			BMP 2024-MF23						5.769%, $1,785,000 par, due 6/15/2041						(1)						1,791,635
			BMW US Capital LLC						4.650%, $690,000 par, due 8/13/2029						(1)						677,189
			BMW US Capital LLC						3.950%, $1,200,000 par, due 8/14/2028						(1)						1,157,875
			BNP Paribas SA						4.400%, $1,510,000 par, due 8/14/2028						(1)						1,467,226
			BNP Paribas SA						2.591%, $700,000 par, due 1/20/2028						(1)						665,274
			BNP Paribas SA						5.176%, $210,000 par, due 1/9/2030						(1)						209,293
			BNP Paribas Sec Corp						1.675%, $810,000 par, due 6/30/2027						(1)						771,318
			BOCA Commercial Mortgage Trust 2024-BOCA						6.318%, $1,600,000 par, due 8/15/2041						(1)						1,606,995
			Boeing Co/The						2.700%, $1,420,000 par, due 2/1/2027						(1)						1,353,452
			Boeing Co/The						2.196%, $140,000 par, due 2/4/2026						(1)						135,764
			Boeing Co/The						5.040%, $130,000 par, due 5/1/2027						(1)						130,312
			Boeing Co/The						5.150%, $1,780,000 par, due 5/1/2030						(1)						1,754,368
			BP Capital Markets America Inc						4.699%, $940,000 par, due 4/10/2029						(1)						935,154
			BP Capital Markets America Inc						2.721%, $770,000 par, due 1/12/2032						(1)						658,923
			BP Capital Markets America Inc						4.893%, $1,440,000 par, due 9/11/2033						(1)						1,393,318
			BPCE SA						4.750%, $1,600,000 par, due 7/19/2027						(1)						1,592,413
			BPR Trust 2022-OANA						6.295%, $3,350,000 par, due 4/15/2037						(1)						3,362,563
			Brazos Education Loan Authority						5.153%, $1,535,883 par, due 1/25/2072						(1)						1,528,260
			Brazos Education Loan Authority Inc						5.033%, $2,783,737 par, due 11/25/2071						(1)						2,762,984
			Broadcom Inc						4.350%, $920,000 par, due 2/15/2030						(1)						895,170
			BX Commercial Mortgage Trust 2021-VOLT						5.212%, $3,630,000 par, due 9/15/2036						(1)						3,623,194
			BX Commercial Mortgage Trust 2024-GPA2						5.939%, $1,950,000 par, due 11/15/2041						(1)						1,957,923
			BX Commercial Mortgage Trust 2024-GPA3						5.800%, $830,000 par, due 12/15/2039						(1)						830,255
			BX Commercial Mortgage Trust 2024-XL5						5.789%, $1,895,218 par, due 3/15/2041						(1)						1,902,919
			BX Trust 2021-BXMF						5.147%, $1,228,199 par, due 10/15/2026						(1)						1,222,826
			BX Trust 2021-RISE						5.259%, $1,462,419 par, due 11/15/2036						(1)						1,456,021
			BX Trust 2022-IND						5.888%, $3,022,131 par, due 4/15/2037						(1)						3,025,909
			BX Trust 2024-MDHS						6.038%, $1,055,594 par, due 5/15/2041						(1)						1,060,543
			BX Trust 2024-VLT4						5.889%, $860,000 par, due 7/15/2029						(1)						863,494
			Campbell Union High School District						2.312%, $1,430,000 par, due 8/1/2035						(1)						1,112,640
			Canadian Natural Resources Ltd						3.850%, $730,000 par, due 6/1/2027						(1)						714,464
			Canadian Natural Resources Ltd						5.000%, $700,000 par, due 12/15/2029						(1)						692,765
			Canadian Pacific Railway Co						1.750%, $1,090,000 par, due 12/2/2026						(1)						1,032,053
			Canadian Pacific Railway Co						4.000%, $960,000 par, due 6/1/2028						(1)						934,662
			Capital One Financial Corp						3.273%, $740,000 par, due 3/1/2030						(1)						684,193
			Capital One Financial Corp						5.268%, $790,000 par, due 5/10/2033						(1)						769,451
			Capital One Financial Corp						1.878%, $1,595,000 par, due 11/2/2027						(1)						1,506,915
			Capital One NA						2.280%, $930,000 par, due 1/28/2026						(1)						927,901
			Cargill Inc						2.125%, $700,000 par, due 11/10/2031						(1)						578,594
			CD 2017-CD5 Mortgage Trust						3.171%, $3,510,000 par, due 8/15/2050						(1)						3,354,307
			Cedars-Sinai Health System						2.288%, $2,500,000 par, due 8/15/2031						(1)						2,101,795
			CenterPoint Energy Houston Electric LLC						4.450%, $1,580,000 par, due 10/1/2032						(1)						1,503,884
			CenterPoint Energy Houston Electric LLC						5.200%, $1,130,000 par, due 10/1/2028						(1)						1,143,768
			CenterPoint Energy Houston Electric LLC						5.150%, $840,000 par, due 3/1/2034						(1)						830,562
			CGMS Commercial Mortgage Trust 2017-B1						3.458%, $4,219,746 par, due 8/15/2050						(1)						4,044,572
			Charles Schwab Corp						5.643%, $1,160,000 par, due 5/19/2029						(1)						1,183,579
			Charter Communications Operating LLC						4.400%, $1,100,000 par, due 4/1/2033						(1)						982,969
			Cherokee County Board of Education						5.626%, $1,000,000 par, due 8/1/2028						(1)						1,020,420
			Children's Hospital Medical Center/Cincinnati OH						2.853%, $1,775,000 par, due 11/15/2026						(1)						1,709,077
			CHRISTUS Health						4.341%, $1,500,000 par, due 7/1/2028						(1)						1,468,401
			Citigroup Commercial Mortgage Trust 2018-B2						4.009%, $2,710,000 par, due 3/10/2051						(1)						2,629,892
			Citigroup Inc						3.668%, $880,000 par, due 7/24/2028						(1)						852,391

    29    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Citigroup Inc						3.520%, $500,000 par, due 10/27/2028						(1)						$	481,179
			Citigroup Inc						4.542%, $400,000 par, due 9/19/2030						(1)						388,749
			Citigroup Inc						4.910%, $1,580,000 par, due 5/24/2033						(1)						1,528,152
			Citigroup Inc						2.572%, $2,050,000 par, due 6/3/2031						(1)						1,787,411
			Citigroup Inc						3.070%, $4,220,000 par, due 2/24/2028						(1)						4,057,787
			Citizens Bank NA/Providence RI						3.750%, $260,000 par, due 2/18/2026						(1)						256,704
			Citizens Bank NA/Providence RI						4.575%, $1,870,000 par, due 8/9/2028						(1)						1,852,764
			City & County of Honolulu HI						3.753%, $425,000 par, due 9/1/2030						(1)						405,837
			City of Atlanta GA						2.288%, $2,445,000 par, due 12/1/2033						(1)						1,987,638
			City of Chandler AZ Excise Tax Revenue						2.007%, $1,840,000 par, due 7/1/2030						(1)						1,598,224
			City of Chicago IL						6.050%, $95,000 par, due 1/1/2029						(1)						95,737
			City of Seattle WA Drainage & Wastewater Revenue						5.550%, $1,750,000 par, due 11/1/2039						(1)						1,741,408
			City of Worcester MA						6.250%, $640,000 par, due 1/1/2028						(1)						656,019
			CLEVELAND CLINIC HEALTH SYSTEM						2.885%, $3,475,000 par, due 1/1/2032						(1)						3,064,047
			Clovis Unified School District						2.228%, $2,620,000 par, due 8/1/2030						(1)						2,306,543
			CNH Industrial Capital LLC						5.100%, $210,000 par, due 4/20/2029						(1)						210,029
			CNH Industrial NV						3.850%, $2,400,000 par, due 11/15/2027						(1)						2,344,001
			Coast Community College District						2.788%, $3,610,000 par, due 8/1/2033						(1)						3,074,348
			Comcast Corp						3.400%, $750,000 par, due 4/1/2030						(1)						697,241
			Commonwealth Edison Co						3.700%, $2,254,000 par, due 8/15/2028						(1)						2,175,184
			Commonwealth of Massachusetts						3.769%, $750,000 par, due 7/15/2029						(1)						726,398
			Commonwealth of Massachusetts						1.520%, $95,000 par, due 11/1/2030						(1)						79,689
			Connecticut Light and Power Co/The						4.650%, $1,620,000 par, due 1/1/2029						(1)						1,611,937
			Connecticut Light and Power Co/The						4.950%, $110,000 par, due 8/15/2034						(1)						107,289
			ConocoPhillips Co						4.700%, $1,160,000 par, due 1/15/2030						(1)						1,147,930
			Consumers Energy Co						3.800%, $1,600,000 par, due 11/15/2028						(1)						1,543,133
			Consumers Energy Co						4.900%, $1,320,000 par, due 2/15/2029						(1)						1,323,486
			Cooperatieve Rabobank UA						3.649%, $590,000 par, due 4/6/2028						(1)						572,413
			Cooperatieve Rabobank UA						5.564%, $850,000 par, due 2/28/2029						(1)						861,229
			Cooperative Rabobank UA						1.980%, $3,080,000 par, due 12/15/2027						(1)						2,917,487
			Corebridge Global Funding						5.900%, $880,000 par, due 9/19/2028						(1)						904,690
			Coterra Energy Inc						3.900%, $640,000 par, due 5/15/2027						(1)						625,699
			Coterra Energy Inc						4.375%, $600,000 par, due 3/15/2029						(1)						580,190
			County of Bexar TX						2.171%, $2,090,000 par, due 6/15/2032						(1)						1,747,052
			County of Lee FL Water & Sewer Revenue						2.416%, $2,140,000 par, due 10/1/2028						(1)						1,969,677
			County of Spokane WA						2.828%, $875,000 par, due 12/1/2032						(1)						763,070
			County of Spokane WA						2.728%, $950,000 par, due 12/1/2031						(1)						837,720
			CRH America Inc						3.875%, $740,000 par, due 5/18/2025						(1)						736,058
			CRH SMW Finance DAC						5.200%, $1,150,000 par, due 5/21/2029						(1)						1,158,021
			CSAIL 2018-C14 Commercial Mortgage Trust						4.422%, $1,850,000 par, due 11/15/2051						(1)						1,787,070
			CubeSmart LP						2.250%, $1,510,000 par, due 12/15/2028						(1)						1,357,913
			CVS Health Corp						3.000%, $400,000 par, due 8/15/2026						(1)						387,455
			CVS Health Corp						1.300%, $2,530,000 par, due 8/21/2027						(1)						2,292,724
			CVS Health Corp						4.300%, $421,000 par, due 3/25/2028						(1)						407,842
			CVS Health Corp						5.125%, $1,860,000 par, due 2/21/2030						(1)						1,821,055
			Daimler Truck Finance North America LLC						2.000%, $2,000,000 par, due 12/14/2026						(1)						1,894,934
			Daimler Truck Finance North America LLC						3.650%, $820,000 par, due 4/7/2027						(1)						797,741
			Daimler Truck Finance North America LLC						5.400%, $750,000 par, due 9/20/2028						(1)						759,614
			DC Commercial Mortgage Trust 2023-DC						6.314%, $2,095,000 par, due 9/12/2040						(1)						2,147,748
			Denver City & County School District No 1						3.587%, $1,255,000 par, due 12/1/2032						(1)						1,148,651
			Digital Realty Trust LP						4.450%, $1,120,000 par, due 7/15/2028						(1)						1,099,968
			Digital Realty Trust LP						5.550%, $640,000 par, due 1/15/2028						(1)						650,510
			DLLMT 2023-1 LLC						5.340%, $1,605,000 par, due 3/22/2027						(1)						1,614,558
			Dominion Energy South Carolina Inc						2.300%, $930,000 par, due 12/1/2031						(1)						779,052
			DTE Electric Co						2.250%, $220,000 par, due 3/1/2030						(1)						193,961
			DTE Electric Co						2.625%, $950,000 par, due 3/1/2031						(1)						831,389
			DTE Electric Co						3.000%, $1,520,000 par, due 3/1/2032						(1)						1,335,247
			Duke Energy Carolinas LLC						2.550%, $1,230,000 par, due 4/15/2031						(1)						1,066,016
			Duke Energy Carolinas LLC						2.850%, $580,000 par, due 3/15/2032						(1)						501,890
			Duke Energy Florida LLC						2.400%, $730,000 par, due 12/15/2031						(1)						616,412
			Duke Energy Progress LLC						3.700%, $730,000 par, due 9/1/2028						(1)						703,117
			Duke Energy Progress LLC						3.450%, $350,000 par, due 3/15/2029						(1)						331,638
			Duke Energy Progress LLC						2.000%, $2,020,000 par, due 8/15/2031						(1)						1,672,039
			Duke University Health System Inc						2.552%, $2,674,000 par, due 6/1/2029						(1)						2,392,524
			East Ohio Gas Co/The						1.300%, $617,000 par, due 6/15/2025						(1)						606,405
			ECMC Group Student Loan Trust 2021-1						5.253%, $1,399,610 par, due 11/25/2070						(1)						1,384,988

    30    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Enbridge Inc						5.300%, $445,000 par, due 4/5/2029						(1)						$	449,596
			Enbridge Inc						3.125%, $190,000 par, due 11/15/2029						(1)						173,940
			Energy Transfer LP						6.100%, $1,230,000 par, due 12/1/2028						(1)						1,277,564
			Entergy Arkansas LLC						4.000%, $1,300,000 par, due 6/1/2028						(1)						1,267,998
			Entergy Mississippi LLC						2.850%, $350,000 par, due 6/1/2028						(1)						328,377
			Enterprise Fleet Financing 2023-2 LLC						5.560%, $964,199 par, due 4/22/2030						(1)						972,512
			Enterprise Products Operating LLC						2.800%, $880,000 par, due 1/31/2030						(1)						795,756
			Equifax Inc						4.800%, $130,000 par, due 9/15/2029						(1)						128,355
			Equifax Inc						5.100%, $500,000 par, due 12/15/2027						(1)						502,672
			Equifax Inc						5.100%, $1,030,000 par, due 6/1/2028						(1)						1,033,825
			Equifax Inc						2.350%, $690,000 par, due 9/15/2031						(1)						577,274
			ERP Operating LP						4.150%, $1,240,000 par, due 12/1/2028						(1)						1,211,701
			Ethiopian Leasing 2012 LLC						2.646%, $285,038 par, due 5/12/2026						(1)						281,274
			Ethiopian Leasing 2012 LLC						2.566%, $204,216 par, due 8/14/2026						(1)						199,314
			Evergy Metro Inc						2.250%, $1,080,000 par, due 6/1/2030						(1)						935,986
			Evergy Metro Inc						4.950%, $1,060,000 par, due 4/15/2033						(1)						1,034,183
			Evergy Missouri West Inc						5.150%, $420,000 par, due 12/15/2027						(1)						421,473
			Exelon Corp						5.150%, $630,000 par, due 3/15/2028						(1)						633,710
			Experian Finance PLC						4.250%, $1,300,000 par, due 2/1/2029						(1)						1,262,781
			Extra Space Storage LP						3.900%, $350,000 par, due 4/1/2029						(1)						334,726
			Extra Space Storage LP						4.000%, $871,000 par, due 6/15/2029						(1)						833,452
			Fannie Mae Grantor Trust 2002-T16						7.000%, $37,148 par, due 7/25/2042						(1)						38,532
			Fannie Mae Grantor Trust 2002-T18						7.000%, $18,499 par, due 8/25/2042						(1)						19,395
			Fannie Mae Grantor Trust 2004-T3						6.000%, $98,884 par, due 2/25/2044						(1)						98,118
			Fannie Mae Pool						6.000%, $25,143 par, due 9/1/2038						(1)						25,286
			Fannie Mae Pool						4.500%, $813,901 par, due 11/1/2048						(1)						776,194
			Fannie Mae Pool						2.840%, $2,699,056 par, due 1/1/2027						(1)						2,609,971
			Fannie Mae Pool						3.000%, $174,729 par, due 2/1/2031						(1)						168,029
			Fannie Mae Pool						4.500%, $1,534,354 par, due 9/1/2052						(1)						1,450,713
			Fannie Mae Pool						5.000%, $8,208,027 par, due 10/1/2052						(1)						7,979,762
			Fannie Mae Pool						4.500%, $14,238,065 par, due 10/1/2052						(1)						13,512,650
			Fannie Mae Pool						5.500%, $6,097,025 par, due 10/1/2052						(1)						6,087,739
			Fannie Mae Pool						2.500%, $5,838,307 par, due 1/1/2052						(1)						4,818,080
			Fannie Mae Pool						3.000%, $681,501 par, due 1/1/2035						(1)						639,999
			Fannie Mae Pool						3.000%, $529,069 par, due 1/1/2035						(1)						496,864
			Fannie Mae Pool						3.000%, $369,977 par, due 1/1/2035						(1)						345,894
			Fannie Mae Pool						2.500%, $1,217,394 par, due 12/1/2034						(1)						1,115,958
			Fannie Mae Pool						2.500%, $459,035 par, due 9/1/2034						(1)						420,791
			Fannie Mae Pool						2.500%, $949,085 par, due 10/1/2034						(1)						869,995
			Fannie Mae Pool						2.500%, $764,115 par, due 10/1/2034						(1)						700,444
			Fannie Mae Pool						1.390%, $1,240,000 par, due 11/1/2028						(1)						1,097,069
			Fannie Mae Pool						1.390%, $2,050,000 par, due 11/1/2028						(1)						1,813,703
			Fannie Mae Pool						1.980%, $5,181,549 par, due 6/1/2030						(1)						4,528,886
			Fannie Mae Pool						2.590%, $4,438,000 par, due 3/1/2029						(1)						4,075,029
			Fannie Mae Pool						2.270%, $2,190,000 par, due 4/1/2029						(1)						1,990,443
			Fannie Mae Pool						2.590%, $5,010,000 par, due 12/1/2030						(1)						4,428,660
			Fannie Mae Pool						2.885%, $3,590,000 par, due 5/1/2029						(1)						3,339,540
			Fannie Mae Pool						1.990%, $6,081,519 par, due 2/1/2029						(1)						5,501,591
			Fannie Mae Pool						4.000%, $16,743,953 par, due 6/1/2052						(1)						15,447,837
			Fannie Mae Pool						3.500%, $24,944,000 par, due 10/1/2029						(1)						23,543,195
			Fannie Mae Pool						4.210%, $6,580,000 par, due 2/1/2028						(1)						6,490,565
			Fannie Mae Pool						3.500%, $1,050,997 par, due 11/1/2046						(1)						971,779
			Fannie Mae Pool						2.500%, $311,609 par, due 6/1/2031						(1)						294,679
			Fannie Mae Pool						2.500%, $277,849 par, due 6/1/2031						(1)						262,779
			Fannie Mae Pool						2.500%, $323,332 par, due 6/1/2031						(1)						305,997
			Fannie Mae Pool						2.500%, $350,234 par, due 6/1/2031						(1)						330,980
			Fannie Mae Pool						7.037%, $58,314 par, due 7/1/2035						(1)						58,916
			Fannie Mae Pool						5.500%, $45,213 par, due 4/1/2036						(1)						45,734
			Fannie Mae Pool						7.391%, $9,808 par, due 5/1/2036						(1)						9,954
			Fannie Mae Pool						7.108%, $63,076 par, due 3/1/2034						(1)						64,203
			Fannie Mae Pool						6.128%, $14,225 par, due 4/1/2044						(1)						14,294
			Fannie Mae Pool						7.252%, $34,530 par, due 8/1/2034						(1)						34,989
			Fannie Mae Pool						7.105%, $17,668 par, due 1/1/2035						(1)						17,890
			Fannie Mae Pool						7.315%, $11,251 par, due 7/1/2035						(1)						11,408
			Fannie Mae Pool						7.315%, $24,639 par, due 7/1/2035						(1)						25,103
			Fannie Mae Pool						6.950%, $9,362 par, due 1/1/2037						(1)						9,492

    31    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Fannie Mae Pool						6.491%, $7,406 par, due 4/1/2037						(1)						$	7,403
			Fannie Mae Pool						4.500%, $2,484,113 par, due 6/1/2056						(1)						2,358,216
			Fannie Mae Pool						4.500%, $1,445,920 par, due 6/1/2056						(1)						1,372,641
			Fannie Mae Pool						4.500%, $1,008,729 par, due 6/1/2056						(1)						957,608
			Fannie Mae Pool						4.000%, $2,007,231 par, due 4/1/2041						(1)						1,905,751
			Fannie Mae Pool						3.800%, $2,800,000 par, due 10/1/2029						(1)						2,685,696
			Fannie Mae Pool						4.080%, $1,430,000 par, due 10/1/2029						(1)						1,387,653
			Fannie Mae Pool						4.000%, $3,943,270 par, due 8/1/2051						(1)						3,645,837
			Fannie Mae Pool						3.860%, $2,080,000 par, due 12/1/2031						(1)						1,961,923
			Fannie Mae Pool						4.360%, $630,000 par, due 1/1/2030						(1)						618,718
			Fannie Mae Pool						4.255%, $220,000 par, due 1/1/2030						(1)						215,022
			Fannie Mae Pool						4.400%, $2,345,000 par, due 1/1/2032						(1)						2,279,042
			Fannie Mae Pool						4.350%, $2,630,000 par, due 12/1/2029						(1)						2,581,718
			Fannie Mae Pool						4.320%, $1,420,000 par, due 1/1/2030						(1)						1,392,017
			Fannie Mae Pool						4.300%, $260,000 par, due 1/1/2030						(1)						254,643
			Fannie Mae Pool						4.325%, $2,140,000 par, due 1/1/2030						(1)						2,098,311
			Fannie Mae Pool						4.500%, $2,105,317 par, due 1/1/2051						(1)						1,983,104
			Fannie Mae Pool						4.671%, $77,742 par, due 5/1/2036						(1)						76,997
			Fannie Mae Pool						3.459%, $170,329 par, due 11/1/2048						(1)						171,333
			Fannie Mae Pool						5.000%, $153,065 par, due 11/1/2033						(1)						152,130
			Fannie Mae Pool						5.000%, $216,570 par, due 10/1/2035						(1)						214,804
			Fannie Mae Pool						5.000%, $333,072 par, due 6/1/2035						(1)						330,237
			Fannie Mae Pool						5.000%, $701,288 par, due 3/1/2036						(1)						698,155
			Fannie Mae Pool						3.000%, $496,205 par, due 3/1/2033						(1)						466,030
			Fannie Mae Pool						3.000%, $1,006,479 par, due 12/1/2049						(1)						867,231
			Fannie Mae Pool						4.000%, $1,443,668 par, due 7/1/2056						(1)						1,322,999
			Fannie Mae Pool						3.000%, $347,874 par, due 7/1/2032						(1)						328,158
			Fannie Mae Pool						4.000%, $1,164,969 par, due 6/1/2056						(1)						1,067,585
			Fannie Mae Pool						4.000%, $2,160,317 par, due 7/1/2056						(1)						1,979,753
			Fannie Mae Pool						4.570%, $4,630,000 par, due 5/1/2031						(1)						4,541,900
			Fannie Mae Pool						4.000%, $264,226 par, due 1/1/2041						(1)						250,866
			Fannie Mae Pool						4.000%, $1,364,848 par, due 11/1/2040						(1)						1,295,830
			Fannie Mae Pool						7.046%, $143,002 par, due 4/1/2036						(1)						141,932
			Fannie Mae Pool						3.500%, $356,325 par, due 4/1/2046						(1)						320,850
			Fannie Mae Pool						3.000%, $340,347 par, due 5/1/2031						(1)						326,679
			Fannie Mae Pool						6.242%, $24,390 par, due 3/1/2042						(1)						25,004
			Fannie Mae Pool						4.000%, $505,877 par, due 11/1/2045						(1)						474,624
			Fannie Mae Pool						6.086%, $30,744 par, due 1/1/2041						(1)						31,814
			Fannie Mae Pool						5.000%, $100,949 par, due 9/1/2033						(1)						100,356
			Fannie Mae Pool						3.500%, $78,842 par, due 8/1/2032						(1)						75,019
			Fannie Mae Pool						5.500%, $304,794 par, due 4/1/2033						(1)						306,379
			Fannie Mae Pool						6.105%, $30,707 par, due 11/1/2041						(1)						30,894
			Fannie Mae Pool						6.074%, $150,721 par, due 3/1/2044						(1)						154,567
			Fannie Mae Pool						6.128%, $59,987 par, due 3/1/2044						(1)						61,478
			Fannie Mae Pool						7.191%, $132,990 par, due 5/1/2044						(1)						136,802
			Fannie Mae REMIC Trust 2005-W1						6.500%, $75,600 par, due 10/25/2044						(1)						77,246
			Fannie Mae REMICS						5.500%, $103,754 par, due 4/25/2035						(1)						106,047
			Fannie Mae Trust 2003-W6						6.500%, $39,943 par, due 9/25/2042						(1)						40,381
			Fannie Mae Trust 2003-W8						7.000%, $6,515 par, due 10/25/2042						(1)						6,613
			Fannie Mae Trust 2004-W2						7.000%, $30,015 par, due 2/25/2044						(1)						30,933
			Federal Realty OP LP						5.375%, $1,100,000 par, due 5/1/2028						(1)						1,110,787
			FedEx Corp						3.100%, $910,000 par, due 8/5/2029						(1)						843,470
			Fifth Third Bancorp						4.337%, $180,000 par, due 4/25/2033						(1)						167,249
			Fifth Third Bancorp						4.055%, $630,000 par, due 4/25/2028						(1)						616,442
			Fifth Third Bancorp						4.772%, $1,290,000 par, due 7/28/2030						(1)						1,264,261
			Fifth Third Bancorp						5.631%, $350,000 par, due 1/29/2032						(1)						353,866
			FirstEnergy Pennsylvania Electric Co						5.200%, $670,000 par, due 4/1/2028						(1)						673,134
			FirstEnergy Transmission LLC						2.866%, $480,000 par, due 9/15/2028						(1)						444,586
			Fiserv Inc						5.375%, $1,820,000 par, due 8/21/2028						(1)						1,844,941
			Fiserv Inc						5.450%, $630,000 par, due 3/2/2028						(1)						639,950
			Florida Gas Transmission Co LLC						2.300%, $895,000 par, due 10/1/2031						(1)						732,401
			Florida Gas Transmission Co LLC						4.350%, $1,780,000 par, due 7/15/2025						(1)						1,772,652
			FMC Corp						3.450%, $670,000 par, due 10/1/2029						(1)						613,691
			FN 4.28 MultiFam FWD FEB 2025						4.280%, $2,040,000 par, due 2/1/2029						(1)						1,994,671
			FN 4.34 MultiFam FWD JAN 2025						4.340%, $1,090,000 par, due 1/1/2030						(1)						1,070,522
			FN 4.40 MultiFam FWD JAN 2025						4.400%, $2,305,000 par, due 1/1/2030						(1)						2,256,987

    32    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			FN 4.62 MultiFam FWD JAN 2025						4.620%, $4,880,000 par, due 1/1/2031						(1)						$	4,820,527
			Ford Credit Auto Owner Trust 2021-REV1						1.370%, $3,705,000 par, due 10/17/2033						(1)						3,558,582
			Ford Credit Auto Owner Trust 2022-REV1						3.880%, $3,075,000 par, due 11/15/2034						(1)						3,019,453
			Ford Credit Auto Owner Trust 2023-B						5.230%, $1,980,000 par, due 5/15/2028						(1)						1,997,184
			Ford Motor Credit Co LLC						5.303%, $680,000 par, due 9/6/2029						(1)						666,263
			Freddie Mac Gold Pool						4.000%, $636,662 par, due 4/1/2046						(1)						593,234
			Freddie Mac Gold Pool						4.000%, $519,613 par, due 1/1/2047						(1)						485,062
			Freddie Mac Gold Pool						4.000%, $13,685 par, due 2/1/2026						(1)						13,609
			Freddie Mac Gold Pool						3.000%, $180,397 par, due 8/1/2027						(1)						177,294
			Freddie Mac Gold Pool						3.500%, $67,340 par, due 2/1/2043						(1)						61,078
			Freddie Mac Gold Pool						6.000%, $72,950 par, due 8/1/2038						(1)						75,682
			Freddie Mac Gold Pool						6.000%, $21,898 par, due 9/1/2038						(1)						22,673
			Freddie Mac Gold Pool						6.000%, $118,458 par, due 8/1/2038						(1)						122,944
			Freddie Mac Gold Pool						3.000%, $1,034,767 par, due 1/1/2043						(1)						913,031
			Freddie Mac Gold Pool						3.500%, $12,073 par, due 12/1/2025						(1)						11,988
			Freddie Mac Non Gold Pool						7.390%, $71,714 par, due 8/1/2047						(1)						73,832
			Freddie Mac Non Gold Pool						7.101%, $383,309 par, due 10/1/2047						(1)						393,371
			Freddie Mac Non Gold Pool						6.753%, $18,359 par, due 11/1/2040						(1)						18,732
			Freddie Mac Non Gold Pool						7.492%, $101,974 par, due 7/1/2047						(1)						105,003
			Freddie Mac Non Gold Pool						7.348%, $142,839 par, due 8/1/2044						(1)						146,933
			Freddie Mac Non Gold Pool						6.168%, $8,293 par, due 2/1/2042						(1)						8,371
			Freddie Mac Non Gold Pool						6.456%, $33,007 par, due 12/1/2036						(1)						33,258
			Freddie Mac Non Gold Pool						5.935%, $117,870 par, due 1/1/2044						(1)						120,835
			Freddie Mac Non Gold Pool						2.491%, $6,365,079 par, due 5/1/2052						(1)						5,870,526
			Freddie Mac Pool						3.000%, $2,572,039 par, due 11/1/2049						(1)						2,217,524
			Freddie Mac Pool						3.000%, $2,576,446 par, due 12/1/2049						(1)						2,219,706
			Freddie Mac Pool						3.000%, $2,577,600 par, due 1/1/2050						(1)						2,220,989
			Freddie Mac Pool						4.000%, $3,746,739 par, due 8/1/2052						(1)						3,441,473
			Freddie Mac Pool						4.000%, $3,519,597 par, due 8/1/2052						(1)						3,248,989
			Freddie Mac Pool						2.000%, $4,157,858 par, due 11/1/2050						(1)						3,273,557
			Freddie Mac Pool						3.500%, $71,026 par, due 8/1/2049						(1)						63,716
			Freddie Mac Pool						2.500%, $4,563,862 par, due 12/1/2034						(1)						4,188,074
			Freddie Mac Pool						2.500%, $1,047,348 par, due 1/1/2035						(1)						961,231
			Freddie Mac Pool						2.500%, $3,244,521 par, due 1/1/2035						(1)						2,977,740
			Freddie Mac Pool						3.000%, $279,272 par, due 1/1/2035						(1)						262,271
			Freddie Mac Pool						3.000%, $401,076 par, due 1/1/2035						(1)						376,654
			Freddie Mac Pool						3.000%, $270,439 par, due 1/1/2035						(1)						252,968
			Freddie Mac Pool						2.500%, $1,048,609 par, due 12/1/2034						(1)						961,222
			Freddie Mac Pool						2.500%, $7,739,977 par, due 12/1/2051						(1)						6,397,764
			Freddie Mac Pool						4.500%, $2,997,631 par, due 9/1/2052						(1)						2,827,632
			Freddie Struct PT Cert						7.000%, $387,504 par, due 7/25/2043						(1)						400,389
			GE HealthCare Technologies Inc						5.857%, $530,000 par, due 3/15/2030						(1)						549,063
			GE HealthCare Technologies Inc						5.650%, $1,790,000 par, due 11/15/2027						(1)						1,833,484
			General Mills Inc						5.500%, $980,000 par, due 10/17/2028						(1)						1,000,365
			General Mills Inc						2.875%, $895,000 par, due 4/15/2030						(1)						804,942
			General Motors Financial Co Inc						2.400%, $1,940,000 par, due 10/15/2028						(1)						1,758,738
			General Motors Financial Co Inc						4.300%, $1,270,000 par, due 4/6/2029						(1)						1,226,594
			General Motors Financial Co Inc						5.000%, $730,000 par, due 4/9/2027						(1)						730,755
			Ginnie Mae II pool						4.625%, $39,876 par, due 3/20/2042						(1)						40,406
			Ginnie Mae II pool						5.564%, $397,659 par, due 5/20/2058						(1)						396,792
			Ginnie Mae II Pool						4.588%, $499,663 par, due 1/20/2067						(1)						495,259
			Ginnie Mae II Pool						4.278%, $873,045 par, due 12/20/2066						(1)						856,303
			Ginnie Mae II Pool						4.475%, $1,230,962 par, due 2/20/2067						(1)						1,218,985
			Ginnie Mae II Pool						4.574%, $1,398,568 par, due 1/20/2067						(1)						1,384,591
			Ginnie Mae II Pool						4.469%, $365,325 par, due 3/20/2065						(1)						362,253
			Ginnie Mae II pool						5.310%, $55,379 par, due 6/20/2058						(1)						55,755
			GM Financial Revolving Receivables Trust 2021-1						1.170%, $3,830,000 par, due 6/12/2034						(1)						3,614,137
			GM Financial Revolving Receivables Trust 2022-1						5.910%, $1,525,000 par, due 10/11/2035						(1)						1,572,699
			GM Financial Revolving Receivables Trust 2023-2						5.770%, $3,125,000 par, due 8/11/2036						(1)						3,237,931
			GM Financial Revolving Receivables Trust 2024-1						4.980%, $1,595,000 par, due 12/11/2036						(1)						1,608,372
			GM Financial Revolving Receivables Trust 2024-2						4.520%, $3,010,000 par, due 3/11/2037						(1)						2,974,175
			GMF Floorplan Owner Revolving Trust						5.340%, $3,340,000 par, due 6/15/2028						(1)						3,377,528
			GNMA						5.667%, $810,565 par, due 12/20/2066						(1)						811,382
			GNMA						5.767%, $1,488,582 par, due 12/20/2066						(1)						1,491,784
			GNMA						5.417%, $375,662 par, due 10/20/2065						(1)						374,789
			Goldman Sachs Group Inc						5.049%, $590,000 par, due 7/23/2030						(1)						586,992

    33    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Goldman Sachs Group Inc/The						1.542%, $2,410,000 par, due 9/10/2027						(1)						$	2,279,065
			Goldman Sachs Group Inc/The						5.727%, $640,000 par, due 4/25/2030						(1)						653,121
			Goldman Sachs Group Inc/The						1.948%, $3,170,000 par, due 10/21/2027						(1)						3,007,528
			Goldman Sachs Group Inc/The						3.615%, $1,030,000 par, due 3/15/2028						(1)						1,001,792
			Government National Mortgage Association						5.487%, $3,174,248 par, due 1/20/2069						(1)						3,186,980
			GS Mortgage Securities Trust 2017-GS6						3.164%, $2,129,521 par, due 5/10/2050						(1)						2,041,987
			GS Mortgage Securities Trust 2017-GS8						3.205%, $4,510,000 par, due 11/10/2050						(1)						4,321,085
			GS Mortgage Securities Trust 2018-GS10						4.155%, $2,366,207 par, due 7/10/2051						(1)						2,262,113
			Gulfstream Natural Gas System LLC						6.190%, $1,510,000 par, due 11/1/2025						(1)						1,523,880
			Halliburton Co						2.920%, $1,730,000 par, due 3/1/2030						(1)						1,557,946
			Health Care Service Corp A Mutual Legal Reserve Co						5.200%, $1,860,000 par, due 6/15/2029						(1)						1,869,134
			Healthpeak OP LLC						3.500%, $580,000 par, due 7/15/2029						(1)						542,981
			Healthpeak OP LLC						2.875%, $1,470,000 par, due 1/15/2031						(1)						1,294,244
			Hewlett Packard Enterprise Co						4.550%, $1,750,000 par, due 10/15/2029						(1)						1,706,593
			Hexcel Corp						4.200%, $1,230,000 par, due 2/15/2027						(1)						1,201,908
			HP Inc						4.000%, $1,130,000 par, due 4/15/2029						(1)						1,083,173
			HSBC Holdings PLC						2.871%, $1,490,000 par, due 11/22/2032						(1)						1,257,094
			HSBC Holdings PLC						6.161%, $840,000 par, due 3/9/2029						(1)						862,751
			HSBC Holdings PLC						2.013%, $2,200,000 par, due 9/22/2028						(1)						2,028,732
			HSBC Holdings PLC						4.583%, $400,000 par, due 6/19/2029						(1)						391,850
			HSBC Holdings PLC						4.755%, $540,000 par, due 6/9/2028						(1)						536,269
			HSBC Holdings PLC						4.292%, $730,000 par, due 9/12/2026						(1)						726,660
			HSBC Holdings PLC						4.041%, $2,187,000 par, due 3/13/2028						(1)						2,140,719
			Huntington Bancshares Inc/OH						4.443%, $730,000 par, due 8/4/2028						(1)						722,505
			Huntington National Bank/The						5.650%, $600,000 par, due 1/10/2030						(1)						610,735
			Huntington National Bank/The						4.552%, $960,000 par, due 5/17/2028						(1)						952,341
			Idaho Power Co						5.200%, $640,000 par, due 8/15/2034						(1)						635,942
			Indiana Housing & Community Development Authority						5.750%, $2,280,000 par, due 7/1/2054						(1)						2,298,445
			Indianapolis Power & Light Co						5.650%, $1,100,000 par, due 12/1/2032						(1)						1,110,341
			Ingredion Inc						3.200%, $600,000 par, due 10/1/2026						(1)						583,302
			Ingredion Inc						2.900%, $740,000 par, due 6/1/2030						(1)						664,937
			International Business Machines Corp						4.150%, $690,000 par, due 7/27/2027						(1)						682,008
			Interstate Power and Light Co						4.100%, $1,200,000 par, due 9/26/2028						(1)						1,165,136
			John Deere Owner Trust 2023-B						5.180%, $1,115,000 par, due 3/15/2028						(1)						1,124,189
			John Deere Owner Trust 2024						4.960%, $1,215,000 par, due 11/15/2028						(1)						1,224,283
			Johns Hopkins Health System Corp/The						2.420%, $1,935,000 par, due 1/1/2030						(1)						1,714,576
			Johnson Controls / Tyco Fire Security Finance						5.500%, $760,000 par, due 4/19/2029						(1)						773,849
			JPMBB Commercial Mortgage Sec Trust 2014-C24						3.639%, $293,262 par, due 11/15/2047						(1)						292,439
			JPMBB Commercial Mortgage Sec Trust 2014-C26						3.494%, $59,454 par, due 1/15/2048						(1)						59,331
			JPMCC Commercial Mortgage Sec Trust 2017-JP5						3.723%, $1,185,000 par, due 3/15/2050						(1)						1,149,249
			JPMDB Commercial Mortgage Securities Trust 2016-C4						3.141%, $1,765,000 par, due 12/15/2049						(1)						1,685,030
			JPMDB Commercial Mortgage Securities Trust 2017-C7						3.409%, $1,875,000 par, due 10/15/2050						(1)						1,777,298
			JPMorgan Chase & Co						4.203%, $810,000 par, due 7/23/2029						(1)						788,461
			JPMorgan Chase & Co						1.470%, $2,970,000 par, due 9/22/2027						(1)						2,809,780
			JPMorgan Chase & Co						2.947%, $1,970,000 par, due 2/24/2028						(1)						1,895,327
			JPMorgan Chase & Co						5.299%, $640,000 par, due 7/24/2029						(1)						646,458
			JPMorgan Chase & Co						4.452%, $1,370,000 par, due 12/5/2029						(1)						1,342,290
			JPMorgan Chase & Co						4.565%, $410,000 par, due 6/14/2030						(1)						402,003
			JPMorgan Chase & Co						2.182%, $2,500,000 par, due 6/1/2028						(1)						2,348,360
			JPMorgan Chase & Co						2.069%, $660,000 par, due 6/1/2029						(1)						599,894
			Kellanova						3.400%, $690,000 par, due 11/15/2027						(1)						665,889
			Kentucky Higher Education Student Loan Corp						6.479%, $4,102,085 par, due 11/25/2050						(1)						4,082,231
			KeyBank NA/Cleveland OH						3.400%, $1,320,000 par, due 5/20/2026						(1)						1,289,942
			KeyBank NA/Cleveland OH						5.000%, $690,000 par, due 1/26/2033						(1)						661,947
			KeyCorp						4.789%, $700,000 par, due 6/1/2033						(1)						662,094
			KeyCorp						2.250%, $840,000 par, due 4/6/2027						(1)						792,472
			Kimco Realty OP LLC						2.250%, $2,140,000 par, due 12/1/2031						(1)						1,776,801
			Kinder Morgan Inc						1.750%, $1,610,000 par, due 11/15/2026						(1)						1,526,436
			Kinder Morgan Inc						5.000%, $1,310,000 par, due 2/1/2029						(1)						1,305,837
			King County Public Hospital District No 2						2.601%, $2,045,000 par, due 12/1/2034						(1)						1,635,734
			L3Harris Technologies Inc						5.050%, $810,000 par, due 6/1/2029						(1)						809,728
			L3Harris Technologies Inc						4.400%, $450,000 par, due 6/15/2028						(1)						442,030
			Lake Central Multi-District School Building Corp						1.651%, $1,695,000 par, due 7/15/2028						(1)						1,531,856
			Leland Stanford Junior University/The						1.289%, $975,000 par, due 6/1/2027						(1)						898,193
			Leland Stanford Junior University/The						3.089%, $2,000,000 par, due 5/1/2029						(1)						1,890,402
			Lennox International Inc						1.350%, $1,190,000 par, due 8/1/2025						(1)						1,164,668

    34    (Continued)

---

WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Lennox International Inc						1.700%, $490,000 par, due 8/1/2027						(1)						$	451,795
			Life 2021-BMR Mortgage Trust						5.212%, $1,705,239 par, due 3/15/2038						(1)						1,683,923
			Life 2022-BMR Mortgage Trust						5.692%, $2,395,000 par, due 5/15/2039						(1)						2,341,113
			Louisiana Local Govt Env Fac. & Comm Dev Auth						4.145%, $2,980,000 par, due 2/1/2031						(1)						2,894,027
			Louisiana Local Govt Env Fac. & Comm Dev Auth						4.475%, $1,000,000 par, due 8/1/2039						(1)						931,310
			Lowe's Cos Inc						3.750%, $610,000 par, due 4/1/2032						(1)						558,823
			M&T Bank Corp						4.553%, $630,000 par, due 8/16/2028						(1)						623,237
			Manufacturers & Traders Trust Co						4.700%, $2,430,000 par, due 1/27/2028						(1)						2,405,989
			Marathon Petroleum Corp						4.700%, $1,470,000 par, due 5/1/2025						(1)						1,468,355
			Marathon Petroleum Corp						3.800%, $1,300,000 par, due 4/1/2028						(1)						1,254,387
			Martin Marietta Materials Inc						2.500%, $670,000 par, due 3/15/2030						(1)						592,685
			Masco Corp						2.000%, $1,790,000 par, due 10/1/2030						(1)						1,509,366
			Massachusetts School Building Authority						1.753%, $1,000,000 par, due 8/15/2030						(1)						875,650
			Massachusetts Water Resources Authority						2.390%, $2,005,000 par, due 8/1/2033						(1)						1,643,539
			MassMutual Global Funding II						4.350%, $270,000 par, due 9/17/2031						(1)						259,287
			MassMutual Global Funding II						4.850%, $1,130,000 par, due 1/17/2029						(1)						1,130,625
			McDonald's Corp						3.600%, $365,000 par, due 7/1/2030						(1)						342,462
			MD Comm Dev Admin Housing Rev						3.500%, $65,000 par, due 9/1/2047						(1)						64,855
			Mercedes-Benz Finance North America LLC						4.850%, $910,000 par, due 1/11/2029						(1)						903,081
			Mercedes-Benz Finance North America LLC						5.100%, $1,090,000 par, due 8/3/2028						(1)						1,090,773
			Met Tower Global Funding						5.250%, $890,000 par, due 4/12/2029						(1)						901,506
			METLIFE SECURITIZATION TRUST 2019-1						3.750%, $343,218 par, due 4/25/2058						(1)						336,827
			Metropolitan Life Global Funding I						2.950%, $1,400,000 par, due 4/9/2030						(1)						1,265,579
			Microchip Technology Inc						5.050%, $1,220,000 par, due 3/15/2029						(1)						1,217,772
			Microchip Technology Inc						5.050%, $910,000 par, due 2/15/2030						(1)						902,933
			Mid-America Apartments LP						1.700%, $550,000 par, due 2/15/2031						(1)						453,149
			Minnesota Housing Finance Agency						6.000%, $1,905,000 par, due 7/1/2053						(1)						1,939,252
			Minnesota Housing Finance Agency						6.000%, $1,255,000 par, due 1/1/2054						(1)						1,277,690
			Missouri Higher Education Loan Authority						5.023%, $746,587 par, due 8/25/2061						(1)						722,450
			Mitsubishi UFJ Financial Group Inc						2.341%, $1,370,000 par, due 1/19/2028						(1)						1,303,334
			Mitsubishi UFJ Financial Group Inc						1.538%, $1,180,000 par, due 7/20/2027						(1)						1,122,230
			MMAF Equipment Finance LLC 2020-A						1.400%, $815,000 par, due 8/9/2030						(1)						758,733
			MMAF Equipment Finance LLC 2022-A						3.320%, $2,305,000 par, due 6/13/2044						(1)						2,258,868
			MMAF Equipment Finance LLC 2023-A						5.540%, $2,545,000 par, due 12/13/2029						(1)						2,586,585
			Mondelez International Holdings Netherlands BV						1.250%, $1,100,000 par, due 9/24/2026						(1)						1,035,843
			Morgan Stanley						1.512%, $1,080,000 par, due 7/20/2027						(1)						1,026,553
			Morgan Stanley						2.475%, $1,730,000 par, due 1/21/2028						(1)						1,648,479
			Morgan Stanley						4.431%, $610,000 par, due 1/23/2030						(1)						593,866
			Morgan Stanley						5.449%, $370,000 par, due 7/20/2029						(1)						374,101
			Morgan Stanley						5.173%, $1,150,000 par, due 1/16/2030						(1)						1,151,893
			Morgan Stanley						5.042%, $580,000 par, due 7/19/2030						(1)						577,933
			Morgan Stanley						1.593%, $710,000 par, due 5/4/2027						(1)						680,600
			Morgan Stanley						4.210%, $1,550,000 par, due 4/20/2028						(1)						1,527,558
			Morgan Stanley						5.164%, $1,910,000 par, due 4/20/2029						(1)						1,915,218
			Morgan Stanley BAML Trust 2017-C33						3.337%, $2,550,000 par, due 5/15/2050						(1)						2,470,106
			Morgan Stanley BAML Trust 2017-C34						3.536%, $800,000 par, due 11/15/2052						(1)						765,776
			Motorola Solutions Inc						5.000%, $320,000 par, due 4/15/2029						(1)						319,476
			MPLX LP						4.125%, $900,000 par, due 3/1/2027						(1)						886,697
			MPLX LP						1.750%, $810,000 par, due 3/1/2026						(1)						782,001
			MPLX LP						4.950%, $440,000 par, due 9/1/2032						(1)						424,445
			MPLX LP						4.000%, $490,000 par, due 3/15/2028						(1)						475,333
			MS State Higher Ed Asst Co						5.363%, $330,300 par, due 10/25/2035						(1)						327,156
			Mutual of Omaha Cos Global Funding						5.450%, $1,290,000 par, due 12/12/2028						(1)						1,303,615
			Mutual of Omaha Cos Global Funding						4.750%, $490,000 par, due 10/15/2029						(1)						482,416
			Nature Conservancy/The						3.016%, $1,500,000 par, due 3/1/2030						(1)						1,347,611
			Navient Student Loan Trust 2021-1						5.283%, $1,925,406 par, due 12/26/2069						(1)						1,911,293
			Nelnet Student Loan Trust 2021-A						1.360%, $1,759,849 par, due 4/20/2062						(1)						1,628,022
			Nelnet Student Loan Trust 2021-C						1.320%, $502,230 par, due 4/20/2062						(1)						461,425
			Nelnet Student Loan Trust 2021-D						1.630%, $2,611,388 par, due 4/20/2062						(1)						2,426,152
			Nevada Housing Division						5.750%, $1,985,000 par, due 10/1/2053						(1)						1,999,967
			New York Hospital for Special Surgery						3.737%, $285,000 par, due 4/1/2028						(1)						274,534
			New York Life Global Funding						4.900%, $1,610,000 par, due 6/13/2028						(1)						1,617,263
			New York State Electric & Gas Corp						5.650%, $1,600,000 par, due 8/15/2028						(1)						1,636,954
			Newmont Corp / Newcrest Finance Pty Ltd						5.350%, $500,000 par, due 3/15/2034						(1)						497,813
			NNN REIT Inc						4.300%, $1,350,000 par, due 10/15/2028						(1)						1,318,062
			Norfolk Southern Corp						2.550%, $1,470,000 par, due 11/1/2029						(1)						1,326,546

    35    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Norfolk Southern Corp						3.650%, $460,000 par, due 8/1/2025						(1)						$	457,031
			North Carolina Housing Finance Agency						2.870%, $100,000 par, due 7/1/2032						(1)						99,031
			North Dakota Public Finance Authority						2.580%, $2,630,000 par, due 12/1/2034						(1)						2,144,186
			North Dakota Public Finance Authority						4.050%, $750,000 par, due 12/1/2030						(1)						727,268
			North Texas Higher Education Authority Inc						5.023%, $1,977,865 par, due 10/25/2061						(1)						1,946,575
			North Texas Higher Education Authority Inc						5.023%, $1,589,800 par, due 9/25/2061						(1)						1,577,169
			Northrop Grumman Corp						4.400%, $1,430,000 par, due 5/1/2030						(1)						1,392,510
			Northwestern Mutual Global Funding						3.300%, $970,000 par, due 4/4/2029						(1)						905,283
			NTT Finance Corp						5.110%, $1,330,000 par, due 7/2/2029						(1)						1,339,950
			Nutrien Ltd						2.950%, $540,000 par, due 5/13/2030						(1)						485,858
			Nutrien Ltd						4.900%, $720,000 par, due 3/27/2028						(1)						719,731
			NXP BV / NXP Funding LLC / NXP USA Inc						2.650%, $1,800,000 par, due 2/15/2032						(1)						1,515,461
			NXP BV / NXP Funding LLC / NXP USA Inc						5.000%, $400,000 par, due 1/15/2033						(1)						389,327
			OhioHealth Corp						2.297%, $2,100,000 par, due 11/15/2031						(1)						1,760,401
			Oklahoma Development Finance Authority						4.285%, $297,476 par, due 2/1/2032						(1)						289,399
			Oklahoma Development Finance Authority						3.877%, $2,257,226 par, due 5/1/2032						(1)						2,156,306
			Oklahoma Development Finance Authority						4.135%, $934,725 par, due 12/1/2033						(1)						904,636
			Oncor Electric Delivery Co LLC						2.750%, $1,930,000 par, due 5/15/2030						(1)						1,732,484
			Oncor Electric Delivery Co LLC						4.550%, $1,250,000 par, due 9/15/2032						(1)						1,201,395
			Oncor Electric Delivery Co LLC						4.650%, $1,150,000 par, due 11/1/2029						(1)						1,138,855
			ONE Gas Inc						5.100%, $480,000 par, due 4/1/2029						(1)						483,374
			ONEOK Inc						4.400%, $310,000 par, due 10/15/2029						(1)						300,648
			ONEOK Inc						5.000%, $1,005,000 par, due 3/1/2026						(1)						1,006,619
			ONEOK Inc						3.250%, $1,108,000 par, due 6/1/2030						(1)						1,005,491
			Oracle Corp						6.150%, $300,000 par, due 11/9/2029						(1)						314,642
			Oracle Corp						4.200%, $950,000 par, due 9/27/2029						(1)						917,614
			Oracle Corp						2.950%, $2,465,000 par, due 4/1/2030						(1)						2,226,511
			Orlando Health Obligated Group						3.777%, $1,000,000 par, due 10/1/2028						(1)						957,837
			Orlando Health Obligated Group						2.291%, $1,250,000 par, due 10/1/2028						(1)						1,142,723
			Pacific Life Global Funding II						4.900%, $870,000 par, due 1/11/2029						(1)						870,728
			Packaging Corp of America						3.400%, $830,000 par, due 12/15/2027						(1)						799,520
			Petroleos Mexicanos						2.378%, $100,000 par, due 4/15/2025						(1)						98,458
			PFS Financing Corp						5.520%, $1,400,000 par, due 10/15/2028						(1)						1,419,933
			PHEAA Student Loan Trust 2016-2						5.633%, $647,007 par, due 11/25/2065						(1)						645,468
			Phillips 66 Co						5.250%, $1,120,000 par, due 6/15/2031						(1)						1,123,412
			Pioneer Natural Resources Co						1.900%, $650,000 par, due 8/15/2030						(1)						553,748
			Pioneer Natural Resources Co						2.150%, $880,000 par, due 1/15/2031						(1)						747,077
			PNC Bank NA						2.700%, $1,200,000 par, due 10/22/2029						(1)						1,076,567
			PNC Financial Services Group Inc/The						5.068%, $310,000 par, due 1/24/2034						(1)						302,241
			PNC Financial Services Group Inc/The						5.354%, $1,190,000 par, due 12/2/2028						(1)						1,206,837
			PPG Industries Inc						2.550%, $1,330,000 par, due 6/15/2030						(1)						1,173,427
			PPL Electric Utilities Corp						5.000%, $2,190,000 par, due 5/15/2033						(1)						2,163,536
			Principal Life Global Funding II						5.100%, $1,260,000 par, due 1/25/2029						(1)						1,262,752
			Prologis LP						4.000%, $154,000 par, due 9/15/2028						(1)						150,051
			Protective Life Global Funding						5.467%, $650,000 par, due 12/8/2028						(1)						660,654
			Protective Life Global Funding						4.335%, $1,400,000 par, due 9/13/2027						(1)						1,386,752
			Providence St Joseph Health Obligated Group						2.746%, $750,000 par, due 10/1/2026						(1)						723,463
			PSNH Funding LLC 3						3.506%, $638,061 par, due 8/1/2028						(1)						631,972
			Public Service Co of New Hampshire						2.200%, $830,000 par, due 6/15/2031						(1)						698,232
			Public Service Co of New Hampshire						5.350%, $400,000 par, due 10/1/2033						(1)						404,124
			Public Service Electric and Gas Co						1.900%, $2,360,000 par, due 8/15/2031						(1)						1,944,413
			Public Service Electric and Gas Co						3.650%, $795,000 par, due 9/1/2028						(1)						764,641
			Puget Sound Energy Inc						5.330%, $980,000 par, due 6/15/2034						(1)						974,190
			Realty Income Corp						4.850%, $1,820,000 par, due 3/15/2030						(1)						1,808,330
			Regions Financial Corp						1.800%, $1,570,000 par, due 8/12/2028						(1)						1,398,327
			Revvity Inc						1.900%, $1,420,000 par, due 9/15/2028						(1)						1,271,039
			Rexford Industrial Realty LP						5.000%, $1,130,000 par, due 6/15/2028						(1)						1,125,691
			RI State Std Ln Authority						6.076%, $699,268 par, due 9/1/2036						(1)						698,142
			Rochester Gas and Electric Corp						3.100%, $2,070,000 par, due 6/1/2027						(1)						1,979,963
			ROCK Trust 2024-CNTR						5.388%, $1,475,000 par, due 11/13/2041						(1)						1,470,711
			Rogers Communications Inc						3.625%, $775,000 par, due 12/15/2025						(1)						766,111
			Rogers Communications Inc						3.800%, $1,490,000 par, due 3/15/2032						(1)						1,339,804
			Rolls-Royce PLC						3.625%, $780,000 par, due 10/14/2025						(1)						764,536
			Roper Technologies Inc						4.500%, $560,000 par, due 10/15/2029						(1)						549,786
			RTX Corp						4.125%, $1,300,000 par, due 11/16/2028						(1)						1,265,198
			RTX Corp						2.250%, $970,000 par, due 7/1/2030						(1)						843,700

    36    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Sabine Pass Liquefaction LLC						4.500%, $1,890,000 par, due 5/15/2030						(1)						$	1,830,766
			San Diego Community College District						2.383%, $1,000,000 par, due 8/1/2033						(1)						826,660
			San Diego Gas & Electric Co						4.950%, $880,000 par, due 8/15/2028						(1)						883,773
			San Jose Evergreen Community College District						2.440%, $1,100,000 par, due 8/1/2029						(1)						1,004,795
			SBA Small Business Investment Cos						2.517%, $367,916 par, due 3/10/2025						(1)						366,084
			SBA Small Business Investment Cos						2.829%, $369,596 par, due 9/10/2025						(1)						364,616
			SBA Small Business Investment Cos						2.845%, $1,347,183 par, due 3/10/2027						(1)						1,303,171
			SBA Small Business Investment Cos						5.168%, $8,877,824 par, due 3/10/2033						(1)						8,945,411
			SBA Small Business Investment Cos						2.518%, $1,425,286 par, due 9/10/2027						(1)						1,360,931
			SBA Small Business Investment Cos						3.548%, $1,539,135 par, due 9/10/2028						(1)						1,485,159
			SBA Small Business Investment Cos						3.113%, $1,493,592 par, due 3/10/2029						(1)						1,423,802
			SBA Small Business Investment Cos						2.283%, $2,288,529 par, due 9/10/2029						(1)						2,127,109
			SBA Small Business Investment Cos						2.078%, $3,500,823 par, due 3/10/2030						(1)						3,162,903
			SBA Small Business Investment Cos						2.938%, $16,325,340 par, due 3/10/2032						(1)						15,067,016
			SBA Small Business Investment Cos						2.507%, $265,467 par, due 3/10/2026						(1)						259,217
			SBA Small Business Investment Cos						1.667%, $2,497,700 par, due 3/10/2031						(1)						2,176,703
			SBA Small Business Investment Cos						1.304%, $4,752,330 par, due 9/10/2031						(1)						4,075,228
			SC State Std Ln Corp						5.183%, $79,627 par, due 1/25/2041						(1)						79,185
			SC State Std Ln Corp						6.663%, $204,117 par, due 10/27/2036						(1)						203,223
			Sealed Air Corp						1.573%, $750,000 par, due 10/15/2026						(1)						705,416
			Seasoned Credit Risk Transfer Trust Series 2018-3						3.500%, $1,999,484 par, due 8/25/2057						(1)						1,906,570
			Seasoned Credit Risk Transfer Trust Series 2019-1						4.000%, $1,045,999 par, due 7/25/2058						(1)						959,972
			Seasoned Credit Risk Transfer Trust Series 2019-2						4.000%, $1,289,694 par, due 8/25/2058						(1)						1,184,176
			Seasoned Credit Risk Transfer Trust Series 2020-2						2.000%, $3,677,810 par, due 11/25/2059						(1)						2,866,868
			Seasoned Credit Risk Transfer Trust Series 2020-3						2.500%, $3,508,624 par, due 5/25/2060						(1)						2,839,936
			SFS Auto Receivables Securitization Trust 2023-1						5.470%, $2,205,000 par, due 10/20/2028						(1)						2,224,684
			Sherwin-Williams Co/The						2.300%, $700,000 par, due 5/15/2030						(1)						611,343
			Sherwin-Williams Co/The						3.300%, $911,000 par, due 2/1/2025						(1)						909,441
			SLM Student Loan Trust 2003-10						5.740%, $2,078,134 par, due 12/17/2068						(1)						2,074,890
			SMALL BUSINESS ADMINISTRATION						2.130%, $245,825 par, due 1/1/2033						(1)						224,895
			Smurfit Kappa Treasury ULC						5.200%, $790,000 par, due 1/15/2030						(1)						792,698
			Solano County Community College District						1.641%, $2,370,000 par, due 8/1/2029						(1)						2,090,103
			South32 Treasury Ltd						4.350%, $2,980,000 par, due 4/14/2032						(1)						2,730,526
			Spire Missouri Inc						5.150%, $150,000 par, due 8/15/2034						(1)						148,873
			Stanford Health Care						3.310%, $1,351,000 par, due 8/15/2030						(1)						1,243,579
			State of California						5.750%, $1,750,000 par, due 10/1/2031						(1)						1,835,278
			State of Hawaii						1.710%, $2,475,000 par, due 8/1/2028						(1)						2,249,231
			State of Texas						4.631%, $1,250,000 par, due 4/1/2033						(1)						1,225,225
			State of Utah						3.539%, $474,328 par, due 7/1/2025						(1)						472,606
			State of Wisconsin						2.544%, $1,425,000 par, due 5/1/2031						(1)						1,258,603
			State Street Corp						4.421%, $560,000 par, due 5/13/2033						(1)						533,441
			Sumitomo Mitsui Financial Group Inc						5.716%, $900,000 par, due 9/14/2028						(1)						921,735
			Sumitomo Mitsui Financial Group Inc						1.902%, $2,780,000 par, due 9/17/2028						(1)						2,490,533
			Take-Two Interactive Software Inc						3.700%, $590,000 par, due 4/14/2027						(1)						575,668
			Take-Two Interactive Software Inc						5.400%, $650,000 par, due 6/12/2029						(1)						658,832
			Texas Electric Market Stabilization Funding N LLC						4.265%, $2,904,327 par, due 8/1/2034						(1)						2,808,838
			Texas Natural Gas Securitization Finance Corp						5.102%, $3,939,349 par, due 4/1/2035						(1)						3,947,622
			Texas Transportation Commission State Highway Fund						5.178%, $1,200,000 par, due 4/1/2030						(1)						1,211,304
			T-Mobile USA Inc						4.800%, $1,050,000 par, due 7/15/2028						(1)						1,044,174
			T-Mobile USA Inc						3.375%, $1,430,000 par, due 4/15/2029						(1)						1,334,703
			T-Mobile USA Inc						2.400%, $1,110,000 par, due 3/15/2029						(1)						999,724
			Toronto-Dominion Bank/The						4.693%, $730,000 par, due 9/15/2027						(1)						728,375
			Toronto-Dominion Bank/The						5.523%, $670,000 par, due 7/17/2028						(1)						680,910
			Toronto-Dominion Bank/The						4.994%, $930,000 par, due 4/5/2029						(1)						928,066
			Towd Point Mortgage Trust 2017-5						5.053%, $7,756 par, due 2/25/2057						(1)						8,097
			Towd Point Mortgage Trust 2017-6						2.750%, $29,487 par, due 10/25/2057						(1)						28,793
			Towd Point Mortgage Trust 2019-4						2.900%, $2,354,182 par, due 10/25/2059						(1)						2,239,469
			Towd Point Mortgage Trust 2019-HY1						5.453%, $382,772 par, due 10/25/2048						(1)						386,948
			Towd Point Mortgage Trust 2019-HY2						5.453%, $373,328 par, due 5/25/2058						(1)						381,819
			Towd Point Mortgage Trust 2022-4						3.750%, $2,447,438 par, due 9/25/2062						(1)						2,298,059
			Toyota Auto Loan Extended Note Trust 2022-1						3.820%, $4,710,000 par, due 4/25/2035						(1)						4,627,942
			Toyota Auto Loan Extended Note Trust 2023-1						4.930%, $4,060,000 par, due 6/25/2036						(1)						4,094,335
			Toyota Auto Loan Extended Note Trust 2024-1						5.160%, $4,560,000 par, due 11/25/2036						(1)						4,630,192
			Toyota Motor Credit Corp						5.100%, $440,000 par, due 3/21/2031						(1)						441,354
			Toyota Motor Credit Corp						4.550%, $180,000 par, due 8/9/2029						(1)						177,870
			Trane Technologies Financing Ltd						3.500%, $1,310,000 par, due 3/21/2026						(1)						1,291,749

    37    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2024
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			Transcontinental Gas Pipe Line Co LLC						3.250%, $1,205,000 par, due 5/15/2030						(1)						$	1,098,074
			Transcontinental Gas Pipe Line Co LLC						4.000%, $720,000 par, due 3/15/2028						(1)						699,548
			Trinity Health						3.084%, $2,235,000 par, due 12/1/2034						(1)						1,930,884
			Truist Financial Corp						4.260%, $1,025,000 par, due 7/28/2026						(1)						1,020,968
			Truist Financial Corp						4.873%, $1,160,000 par, due 1/26/2029						(1)						1,154,184
			UBS Commercial Mortgage Trust 2017-C3						3.167%, $1,455,000 par, due 8/15/2050						(1)						1,412,322
			UBS Commercial Mortgage Trust 2018-C10						4.313%, $2,550,000 par, due 5/15/2051						(1)						2,472,217
			UBS Group AG						4.751%, $410,000 par, due 5/12/2028						(1)						407,399
			UBS Group AG						1.494%, $1,500,000 par, due 8/10/2027						(1)						1,419,165
			UBS Group AG						1.364%, $2,000,000 par, due 1/30/2027						(1)						1,923,322
			UBS Group AG						2.746%, $510,000 par, due 2/11/2033						(1)						425,874
			UBS Group AG						4.703%, $1,230,000 par, due 8/5/2027						(1)						1,224,511
			UBS Group AG						1.305%, $410,000 par, due 2/2/2027						(1)						393,980
			UBS Group AG						3.869%, $340,000 par, due 1/12/2029						(1)						327,317
			UDR Inc						3.500%, $1,380,000 par, due 1/15/2028						(1)						1,320,485
			Union Electric Co						2.950%, $2,760,000 par, due 3/15/2030						(1)						2,512,538
			United States Int Dev Finance Corp						3.600%, $3,423,913 par, due 3/15/2035						(1)						3,217,817
			United States Small Business Administration						3.370%, $715,455 par, due 10/1/2033						(1)						673,577
			United States Small Business Administration						2.840%, $1,454,457 par, due 4/1/2037						(1)						1,322,663
			United States Small Business Administration						2.850%, $1,262,980 par, due 10/1/2037						(1)						1,143,804
			United States Small Business Administration						5.630%, $104,232 par, due 10/1/2028						(1)						104,196
			United States Small Business Administration						5.040%, $3,134,862 par, due 10/1/2047						(1)						3,067,848
			United States Small Business Administration						4.480%, $2,676,855 par, due 4/1/2048						(1)						2,564,941
			United States Small Business Administration						5.380%, $3,072,633 par, due 4/1/2049						(1)						3,065,391
			United States Small Business Administration						3.800%, $7,162,690 par, due 8/1/2047						(1)						6,562,543
			United States Small Business Administration						3.230%, $359,476 par, due 2/1/2034						(1)						338,419
			United States Small Business Administration						5.540%, $15,258 par, due 9/1/2026						(1)						15,271
			United States Small Business Administration						5.600%, $99,063 par, due 9/1/2028						(1)						99,760
			United States Small Business Administration						3.210%, $328,736 par, due 3/1/2034						(1)						307,704
			United States Small Business Administration						5.510%, $57,291 par, due 11/1/2027						(1)						57,666
			United States Small Business Administration						5.310%, $45,077 par, due 5/1/2027						(1)						44,757
			United States Small Business Administration						6.770%, $28,698 par, due 11/1/2028						(1)						29,514
			United States Small Business Administration						3.940%, $7,060,820 par, due 5/1/2047						(1)						6,561,090
			United States Small Business Administration						5.130%, $3,690,565 par, due 11/1/2047						(1)						3,630,029
			United States Small Business Administration						2.980%, $581,563 par, due 6/1/2035						(1)						531,753
			United States Small Business Administration						2.810%, $293,353 par, due 12/1/2036						(1)						264,889
			United States Small Business Administration						2.810%, $1,659,848 par, due 6/1/2037						(1)						1,463,176
			United States Small Business Administration						2.780%, $1,494,569 par, due 12/1/2037						(1)						1,340,789
			United States Small Business Administration						4.710%, $2,056,969 par, due 12/1/2047						(1)						1,970,371
			United States Small Business Administration						5.680%, $35,261 par, due 6/1/2028						(1)						35,316
			United States Small Business Administration						5.280%, $3,010,709 par, due 12/1/2048						(1)						2,983,489
			United States Small Business Administration						2.800%, $807,372 par, due 1/1/2037						(1)						732,222
			United States Small Business Administration						3.150%, $504,380 par, due 7/1/2033						(1)						476,417
			United States Small Business Administration						5.720%, $365,583 par, due 1/1/2029						(1)						365,438
			United States Small Business Administration						2.880%, $413,598 par, due 7/1/2035						(1)						381,637
			United States Small Business Administration						4.910%, $1,256,918 par, due 1/1/2048						(1)						1,230,007
			United States Small Business Administration						5.180%, $5,919,133 par, due 7/1/2048						(1)						5,847,145
			United States Small Business Administration						2.980%, $650,706 par, due 7/1/2037						(1)						591,565
			United States Treasury Note/Bond						4.375%, $5,725,000 par, due 12/31/2029						(1)						5,721,422
			United States Treasury Note/Bond						4.500%, $16,000,000 par, due 11/15/2033						(1)						15,930,000
			United States Treasury Note/Bond						4.375%, $7,620,000 par, due 5/15/2034						(1)						7,504,511
			United States Treasury Note/Bond						4.375%, $4,500,000 par, due 11/30/2028						(1)						4,501,229
			United States Treasury Note/Bond						4.125%, $7,965,000 par, due 11/15/2027						(1)						7,928,911
			United States Treasury Note/Bond						4.250%, $2,075,000 par, due 11/15/2034						(1)						2,021,504
			United States Treasury Note/Bond						4.125%, $5,715,000 par, due 10/31/2029						(1)						5,648,472
			United States Treasury Note/Bond						3.875%, $1,295,000 par, due 8/15/2034						(1)						1,224,786
			United States Treasury Note/Bond						3.875%, $28,505,000 par, due 10/15/2027						(1)						28,202,134
			United States Treasury Note/Bond						4.875%, $2,000,000 par, due 10/31/2028						(1)						2,035,704
			United States Treasury Note/Bond						4.625%, $5,985,000 par, due 4/30/2029						(1)						6,041,576
			United States Treasury Note/Bond						4.625%, $5,895,000 par, due 4/30/2031						(1)						5,944,276
			United States Treasury Note/Bond						4.250%, $4,000,000 par, due 2/28/2029						(1)						3,980,780
			United States Treasury Note/Bond						4.000%, $5,780,000 par, due 7/31/2029						(1)						5,687,653
			United States Treasury Note/Bond						3.625%, $5,835,000 par, due 8/31/2029						(1)						5,649,009
			United States Treasury Note/Bond						3.500%, $7,805,000 par, due 9/30/2029						(1)						7,508,956
			United States Treasury Note/Bond						3.875%, $5,355,000 par, due 8/15/2033						(1)						5,097,082

    38    (Continued)

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WELLS FARGO & COMPANY 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2023
									Description of investment, including
									maturity date, rate of interest,
Identity of issuer, borrower, lessor, or similar party									collateral, par, or maturing value						Cost						Current value
			United States Treasury Note/Bond						4.000%, $16,270,000 par, due 2/15/2034						(1)						$	15,579,160
			United States Treasury Note/Bond						3.500%, $7,410,000 par, due 2/15/2033						(1)						6,893,908
			United States Treasury Note/Bond						3.375%, $590,000 par, due 9/15/2027						(1)						576,494
			UnitedHealth Group Inc						4.800%, $1,050,000 par, due 1/15/2030						(1)						1,045,779
			University of North Carolina at Chapel Hill						3.327%, $500,000 par, due 12/1/2036						(1)						441,700
			US Bancorp						5.850%, $210,000 par, due 10/21/2033						(1)						214,710
			US Bancorp						4.548%, $1,650,000 par, due 7/22/2028						(1)						1,636,326
			US Bancorp						5.384%, $1,470,000 par, due 1/23/2030						(1)						1,482,748
			US Bancorp						2.215%, $620,000 par, due 1/27/2028						(1)						587,790
			USAA Capital Corp						2.125%, $190,000 par, due 5/1/2030						(1)						164,543
			Utah Housing Corp						6.000%, $1,250,000 par, due 7/1/2055						(1)						1,275,388
			Ventas Realty LP						3.500%, $721,000 par, due 2/1/2025						(1)						719,753
			Ventas Realty LP						4.400%, $1,370,000 par, due 1/15/2029						(1)						1,333,414
			Ventas Realty LP						2.650%, $200,000 par, due 1/15/2025						(1)						199,680
			Verizon Communications Inc						2.355%, $1,603,000 par, due 3/15/2032						(1)						1,329,684
			Verizon Communications Inc						2.100%, $910,000 par, due 3/22/2028						(1)						837,043
			Verizon Master Trust						5.160%, $1,995,000 par, due 6/20/2029						(1)						2,013,815
			Vermont Std Asst Corp						5.505%, $273,152 par, due 7/28/2034						(1)						272,609
			Virginia Housing Development Authority 2016-A						3.100%, $241,746 par, due 6/25/2041						(1)						213,971
			Virginia Power Fuel Securitization LLC						4.877%, $2,125,000 par, due 5/1/2031						(1)						2,123,283
			Volkswagen Auto Loan Enhanced Trust 2023-1						5.020%, $2,725,000 par, due 6/20/2028						(1)						2,740,701
			Volkswagen Group of America Finance LLC						5.650%, $1,960,000 par, due 9/12/2028						(1)						1,968,902
			Volkswagen Group of America Finance LLC						4.350%, $950,000 par, due 6/8/2027						(1)						930,641
			Warnermedia Holdings Inc						4.279%, $3,630,000 par, due 3/15/2032						(1)						3,199,823
			Washington & Multnomah Counties School Dist No 48J						1.407%, $1,500,000 par, due 6/15/2027						(1)						1,398,195
			WEC Energy Group Inc						2.200%, $665,000 par, due 12/15/2028						(1)						599,704
			WEC Energy Group Inc						5.150%, $1,480,000 par, due 10/1/2027						(1)						1,495,342
			WEC Energy Group Inc						3.550%, $386,000 par, due 6/15/2025						(1)						383,301
*			Wells Fargo Commercial Mortgage Trust 2016-C33						3.162%, $500,833 par, due 3/15/2059						(1)						493,845
*			Wells Fargo Commercial Mortgage Trust 2017-C38						3.453%, $2,350,000 par, due 7/15/2050						(1)						2,258,155
*			Wells Fargo Commercial Mortgage Trust 2017-C39						3.157%, $2,270,000 par, due 9/15/2050						(1)						2,160,200
*			Wells Fargo Commercial Mortgage Trust 2017-C40						3.317%, $3,065,000 par, due 10/15/2050						(1)						2,943,506
*			Wells Fargo Commercial Mortgage Trust 2017-C42						3.589%, $1,870,000 par, due 12/15/2050						(1)						1,764,229
*			Wells Fargo Commercial Mortgage Trust 2018-C43						4.012%, $2,820,000 par, due 3/15/2051						(1)						2,722,515
			Welltower OP LLC						4.125%, $2,191,000 par, due 3/15/2029						(1)						2,118,623
			Welltower OP LLC						2.050%, $550,000 par, due 1/15/2029						(1)						491,840
			West Haymarket Joint Public Agency						5.400%, $1,250,000 par, due 12/15/2030						(1)						1,257,875
			Weyerhaeuser Co						4.000%, $1,200,000 par, due 4/15/2030						(1)						1,137,010
			Wheels Fleet Lease Funding 1 LLC						5.800%, $1,349,834 par, due 4/18/2038						(1)						1,358,298
			Williams Cos Inc/The						4.900%, $290,000 par, due 3/15/2029						(1)						287,858
			Williams Cos Inc/The						5.650%, $730,000 par, due 3/15/2033						(1)						736,659
			Williams Cos Inc/The						5.300%, $940,000 par, due 8/15/2028						(1)						948,898
			Wisconsin Power and Light Co						3.950%, $790,000 par, due 9/1/2032						(1)						730,119
			Wisconsin Power and Light Co						5.375%, $700,000 par, due 3/30/2034						(1)						697,092
			WRKCO INC						4.000%, $1,115,000 par, due 3/15/2028						(1)						1,080,948
			WRKCo Inc						3.900%, $920,000 par, due 6/1/2028						(1)						887,877
			Xcel Energy Inc						1.750%, $465,000 par, due 3/15/2027						(1)						435,395
			Yale University						1.482%, $500,000 par, due 4/15/2030						(1)						425,200
			Blackrock Treasury Trust Fund						4.337%, $16,135,030 par						(1)						16,135,030
																					1,148,206,424
									Accrued income receivable												8,595,009
									Receivable for investment payments due												89,895
									Payable for securities purchased on a forward commitment basis												(10,233,295)
																					1,146,658,033
									Total investments in security-backed contracts												3,726,689,717
			Collective Trust Funds (3.2%):
			Short-Term Investment Fund II						121,310,346 units						(1)						121,310,346
									Total Wells Fargo Stable Value Fund												3,848,000,063
									Total investments												$	57,886,997,456
*			Represents a party-in-interest.
(1)			Cost information not required as investments are participant directed.
See accompanying report of independent registered public accounting firm.

39

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SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

WELLS FARGO & COMPANY 401(k) PLAN

        

                                            

/s/ Daniela Nese            

Daniela Nese

Managing Director

Head of Benefits and Recognition

Wells Fargo & Company

                                                

June 18, 2025

40

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EXHIBITS

    

Exhibit No.

Description

Location

23

Consent of Independent Registered Public Accounting Firm

Filed herewith.

        

    

41

Exhibit (23)

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the registration statement (No. 333-211639) on Form S-8 of our report dated June 18, 2025, with respect to the financial statements and the supplemental Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2024 of the Wells Fargo & Company 401(k) Plan.

/s/ KPMG LLP        

Cleveland, Ohio

June 18, 2025