This year the stock plan went from a quarterly match to an annual at the end of the year... This means that the employees ability to manage that match throughout the year is lost. I estimate that by not having the esop match to re-allocate to other funds likely cost me several grand, (historically the 4th quarter is always the strongest earnings. Also, since Empower is separate from WF... It's possible that they are issued shares at a much lower amount throughout the year, only to effectively "sell" it to us by our match at the end of the year at a higher amount. This latter suggestion is pure speculation....but WF never makes HR moves unless it's a boon to them or there is risk that needs to be avoided. #wellsfargoway
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