Employee Services Available for Money Purchase Plans
For Corporations or Private Companies with 25 or more employee
Creating excitement about retirement planning with your employees can be a tough sell. The Principal Financial Group® makes it easy with communication and education designed to get maximum plan participation.
Pre-enrollment. You're offering a great benefit to your employees. Do they know it? We'll help you promote your plan with a variety of materials, including announcement letters, posters, and payroll stuffers. Employees joining the company will receive a flier about their new retirement savings options.
Enrollment. Our wide array of materials and services help you meet education, plan and participation requirements; make your job easier; and generate enthusiasm about your plan.
- Materials. A wide range of enrollment materials in English and Spanish are designed to help your members sign up for your retirement program and increase plan participation, if applicable.
- Enrollment services tailored to your company's specific needs.
Ongoing support. Communication doesn't stop after employees are enrolled in your plan.
- Internet homepage. Plan members have access to their complete portfolio and more than 80 planning calculators. They can get complete retirement information updated daily from The Principal Retirement Service Center®.
- 800 number services. Our toll-free, interactive voice response system gives your plan members instant access to their retirement plan information, the ability to move their money, get a loan and more.
- Reports. Our easy-to-read reports keep your members informed about the status of their retirement savings and their investment performance. They've received the Seal of Excellence from DALBAR, one of the nation's leading independent financial services research firms.
- Asset allocation assistance. Your plan members have or are provided all the tools they need for successful asset allocation.
Post employment. Our benefit counselors reduce your involvement by working directly with your former employees. (We have numerous options available for your employees to keep their money working tax deferred when they retire or leave your company.)
