A better retirement starts with the experience

Going beyond financial literacy, we're providing easy-to-use digital resources to help participants make more confident financial decisions.

Learn more about our resources

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.

Flexible

Our system is built to be nimble and scalable to meet the complex needs of all clients.

Efficient

Plan administration tasks are just a click away and streamlined for efficiency.

Simple

Navigate to your retirement plan solutions with Principal in one place from a single sign-on.

Personal

Personalized participant educational experience meets individuals where they are.

Robust

Interactive, engaging financial wellness tools and resources can help build confidence.

Actionable

One-touch contribution increases make taking action simple.

Preview our platform

Working with us is easy

We believe a better retirement begins with a better customer experience. Throughout this integration, we’re focused on seamlessly providing the customer care you expect along with best-in-class enhancements to help drive outcomes.

Preview our enhancements (PDF)

Industry-leading user experience

  • Principal ranked “best-in-class” plan sponsor financial service website 1
  • Principal ranked #1 for participant website and online capabilities 2
  • Participants who logged into the Principal website have a 50% higher average deferral rate 3

Principal platform selected for total retirement suite

Advanced digital experience for deferred compensation plans

As the #1 service provider of nonqualified deferred compensation plans4, our platform was built to meet the unique designs of NQ plans. This gives you access to more plan asset and liability reporting, investment resources and other tools to assist with plan administration.

See our NQ experience   Have a trust?

Robust employee stock ownership plan (ESOP) system

We’re the #1 service provider of employee stock ownership plans5 and have built our ESOP platform with innovative tools—including a web-based resource to manage private ESOP cash flow projections and hassle-free elections—to help you manage your plan simply and efficiently.

See our ESOP experience

Why the Principal Platform?

Significant research and due diligence went into the recordkeeping platform decision. Learn more about the selection criteria, where the platform decision fits in the integration of Wells Fargo IRT, and answers to other frequently asked questions.

Read the FAQs

Questions? We’re here to help.

For customers and business partners

800-986-3343

For media inquiries

515-878-1504

For investor inquiries

515-235-9500

1 Dalbar’s WebMonitor Rankings, DC WebMonitor award for plan sponsor Q1 2019

2 Principal ranked #1 as a retirement plan service provider for participant website and online capabilities, based on number of recordkeeping plans, PLANSPONSOR Recordkeeping Survey, July 2018

3 Principal reporting from 1/1/2017 through 12/31/2017 for participants who use our digital resources.

4 Based on total number of nonqualified deferred compensation plans (excluding 457 plans), PLANSPONSOR 2019 NQDC Recordkeeping Survey, July 2019.

5 Based on number of employee stock ownership plans, PLANSPONSOR Recordkeeping Survey, July 2018.

Sample materials are for illustrative purposes only and do not represent the final product. They are the property of Principal®. All rights reserved.  No part of the content may be reproduced or used in any form.

Principal Financial Group closed the acquisition of certain assets of the Wells Fargo Institutional Retirement and Trust business (IRT) on July 1, 2019. The transition, transfer, and conversion of IRT business operations, employees, and clients will occur over the following 12-24 months. During the transition period, Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company, will continue to operate and service the IRT business for the benefit of Principal®, including providing recordkeeping, trustee, and/or custody services.