All of Argos’ 401K accounts currently being held with Wells Fargo will be transitioned over to Principal Financial Group. Principal and Wells Fargo Institutional Retirement & Trust are committed to making this transition smooth for you with a singular focus on uninterrupted service and safeguarding of your retirement assets.

Principal Financial Group acquired the Wells Fargo Institutional Retirement & Trust business on July 1, 2019. Your 401k account will move to Principal the week of April 19, 2021. When making financial decisions, we know you need information, education, and support to feel confident with your choices, and that’s where Principal Financial comes in. We’re excited for you to learn about the new tools and resources available to you through Principal to help you reach your financial goals. 

Committed to a smooth transition

While some things will be different, the benefits you receive from your plan will be the same. Your information and elections will move over automatically, including your current beneficiary designation and any existing loan. Until the plan’s migration, you can continue to access your account online at wellsfargo.com, through the Wells Fargo mobile app, or the Retirement Service Center at 1-800-728-3123.

Important dates to remember

April 15, 2021, at 4:00 pm Eastern Time

The blackout transition period begins. You’ll be able to view your account information at wellsfargo.com, but you will not be able to make any changes to your account until the move is complete.

Your account balance will transfer to Principal Financial based on the account value at market close. Please note, this does not impact non-retirement account(s) you have with Wells Fargo. You can continue to access those through wellsfargo.com or the Wells Fargo mobile app.

Week of April 19, 2021: 

When the move is complete, you will have full access to your information and new plan resources. 

Confirmation of move:

Once your account has moved over, Principal Financial will notify you and provide instructions on how to secure your online account access. If you’re currently working for the employer offering this plan, you’ll also be invited to an upcoming webinar on May 5, 2021.

To learn more, click www.principal.com/ForwardTogether.

Questions?

Continue to visit wellsfargo.com to access your account.

Or

Feel free to reach out to Benefits at:

Benefits@argos-us.com