The Principal® Difference: Leaders in Retirement
The heart of our business
Retirement is our core competency, representing over 90 percent of total assets under management at The Principal.[1]
Your retirement plan will benefit from outstanding service and support from our staff, and you can rest assured knowing you are working with an industry leader.
Defined Contribution plans
As the number one service provider of bundled 401(k) plans[2], we serve more than 32,500 Defined Contribution plans nationwide and currently have more than $83 billion in assets.[1]
Retirement is our core competency, representing over 90 percent of total assets under management.
Defined Benefit plans
We are the top recordkeeper for Defined Benefit plans. By leveraging the extensive knowledge and experience of our dedicated specialists, we serve nearly 2,700 Defined Benefit plans with over 340,000 plan participants and retirees.[3]
Employee Stock Ownership plans
We provide administrative services for more than 850 employee-owned companies, covering more than 722,000 participants[1]- making us the number one record keeper of ESOP plans.[5]
Nonqualified plans
We are the number one deferred compensation plan service provider,[5] providing administrative services for nearly 4,600 nonqualified plans, representing over 4,100 clients and over 55,000 participants.[1]
Have questions? Contact a local representative today for more information or to find a financial professional in your area.
- [1]
- As of 9/30/2009
- [2]
- The Principal ranks number one in total plans for all asset sizes among fully bundled 401(k) providers. 2008 Spectrem Group analysis of fully bundled 401(k) providers (companies that provide both administrative and investment services).
- [3]
- As of 6/30/2009
- [4]
- Based on the number of plans, PLANSPONSOR, Recordkeeping Survey, June 2008
- [5]
- Based on the number of plans recordkept, PLANSPONSOR Deferred Compensation Plan Buyer's Guide, PLANSPONSOR.com, December 2008
