A better retirement experience is about to begin
We continue to advance our integration of Wells Fargo's Institutional Retirement & Trust (IRT). Watch a video from Principal CEO, Dan Houston, about how our people-first strategy guides our progress.Get an inside look into our culture
We’re on track to meet the goals promised to our clients.
Technology platform selection for each business segment
Leadership and talent decisions
Target operating model
Client, participant, and employee migration waves
Improving plan health and retirement readiness
We're evolving the Principal® defined contribution and defined benefit retirement platform. It will incorporate the best capabilities from both Principal and Wells Fargo Institutional Retirement and Trust (IRT). Combined, these features can help drive results for plan sponsors and participants alike.
Working with us is easy
A better retirement begins with a better customer experience. Throughout this integration, we’re focused on seamlessly providing the customer care and easy-to-use digital resources you expect along with best-in-class enhancements.Learn more about our resources Preview our enhancements (PDF)
Industry-leading user experience
- Principal is ranked “best-in-class” plan sponsor financial service website.2
- Principal is ranked No.1 for advisor and participant services and support.3
- Participants who logged into the Principal website have a 50% higher average deferral rate.4
Principal platform selected for total retirement suite
Advanced digital experience for deferred compensation plans
As the No.1 service provider of nonqualified deferred compensation plans5, our platform was built to help meet the unique designs of NQ plans. This gives you access to more plan asset and liability reporting, investment resources and other tools and resources to assist with plan administration.See our NQ experience Have a trust?
Robust employee stock ownership plan (ESOP) system
We’re the No.1 service provider of employee stock ownership plans6 and have built our ESOP platform with innovative tools and resources—including a web-based resource to help manage private ESOP cash flow projections and hassle-free elections—to help you manage your plan simply and efficiently.See our ESOP experience
Significant research and due diligence went into choosing the Principal recordkeeping platform. Get details on how we made the platform decision.