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 recordkeeper of Defined Contribution plans and a non-profit leader[2], we serve more than 32,500 Defined Contribution plans nationwide and currently have more than $85 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 338,000 plan participants and retirees.[3]
Employee Stock Ownership plans
We provide services for more than 880[4] employee-owned companies, covering more than 670,000 participants[1]- making us the number one record keeper of ESOP plans.[5]
Nonqualified plans
We are a leading provider of nonqualifed deferred compensation plans,[5] providing administrative services for more than 4,500 nonqualified plans, representing over 4,100 clients and over 56,000 participants.[1]
Have questions? Contact a local representative today for more information or to find a financial professional in your area.
- [1]
- As of 12/31/2009
- [2]
- Based on number of plans, PLANSPONSOR, Recordkeeping Survey, 2009
- [3]
- As of 9/30/2009
- [4]
- The Principal provides recordkeeping for 773 ESOPs and consulting services for more than 100 additional ESOP plans
- [5]
- Based on the number of plans recordkept, PLANSPONSOR Deferred Compensation Plan Buyer's Guide, PLANSPONSOR.com, 2009
