Employer Services For Defined Benefit Plans
For Government Agencies with 25 or more employees
Spend time managing your business, not your plan.
When you call us with a question, you get a quick, accurate response from one familiar voice. Combine this personalized service with our low fees plus an impressive array of investment options. That's one great value from a company with over a century of financial expertise.
Actuarial services. Our team of independent Enrolled Actuaries, who average more than 19 years of service with The Principal Financial Group®, are here to help you and your plan members. We realize no two clients are alike, and we'll use the most appropriate actuarial methods and assumptions to meet your needs.
Administrative services and recordkeeping. It's frustrating when you have to call your retirement plan provider and talk to a different person each time. We make providing a retirement program easy with individualized attention. You'll get:
- A guide to help with the day-to-day operation of your plan
- An easy program to distribute benefits to employees
- Convenient electronic reporting of your plan data
- Combined plan services to simplify administration for more than one plan type
- Reports, newsletters and more!
Compliance services. Want to minimize the time you spend dealing with plan compliance headaches? We pay special attention to compliance details, including signature-ready government forms to help keep your plan in compliance with government regulations.
Consulting services. As your company grows and changes, your retirement benefits should keep pace. If you're merging or acquiring a company or looking for plan design assistance, we offer a full line of standard services with:
- Flexible document drafting
- Proactive team approach to retirement consulting
- Insightful answers to technical pension-related questions
- Assistance with government compliance and testing
- Timely alerts to legislative changes
Not all companies are alike. And not all retirement plans are alike. Our in-depth comprehensive consulting services can help you meet your specific retirement plan needs.
