Employer Services Available for Comparability Profit Sharing Plans
For Corporations or Private Companies with fewer than 25 employees
Principal Mutual Funds combined with Principal Trust Company make it easy to manage your plan. Principal Trust Company provides you with plan administration, compliance and tax reporting. Principal Mutual Funds provides investment services.
Plan Administration
- Flexible plan options to accommodate your objectives (You may select from loans, hardship withdrawals, vesting options, eligibility features and employer contribution types to truly customize your plan.)
- Plan administration manual and forms to help you with the day-to-day administration of your qualified retirement plan
- Semi-annual consolidated statements for the employer
- Semi-annual participant statements
Compliance and Tax Reporting
- Signature-ready Form 5500 preparation
- Form 1099-R preparation and reporting
- Top heavy testing
Investment Services
- Easy-to-follow instructions for establishing your plan and all the forms necessary to do so
- Daily valuation of individual participant accounts
- Daily toll-free telephone exchanges
- 404(c) compliance support
- Transaction confirmation statements
Principal Mutual Funds are offered by prospectus only. Before investing in mutual funds, investors should carefully consider the investment objectives, risks, charges and expenses of the funds. This and other information is contained in the free prospectus, which can also be obtained from your local representative or by calling 1.800.222.5852. Please read the prospectus carefully before investing.
