
Retirement plan options that make it easy to deliver outcomes
Offering retirement plans doesn’t have to be complicated. Whether you’re looking to add a new retirement plan or already have multiple plans, our proven approach can simplify your experience—and your employees’ experience. In fact, our clients see nearly 24% higher participant engagement in their retirement plan compared to participants with multiple retirement plan providers.(See retirement engagement details)
A simple experience...
For your employees:
- One call when they need help
- One mobile app to view plan info
- One financial wellness resource
For you:
- One dedicated and experienced team
- (See provider details) One provider to monitor as a fiduciary
- One holistic view of your retirement plans
Our clients say it best
We’re here to help you give your employees the opportunity to live their best lives and look toward a secure future.
Better engagement.
Better outcomes.

57% more participants are on track to hit 70% income replacement in retirement when participating in multiple plans vs. one plan.(See income replacement details)

35% more participants sign in to their accounts when they have multiple plans with Principal.(See account activity details)

50% more participants use our financial wellness resources to help stay on track for retirement.(See wellness resource use details)
See more outcomes in our latest report
Ways to maximize the power of employer-sponsored retirement plan benefits (PDF)
We deliver all types of employer sponsored plans for your unique needs.
Our clients with multiple retirement plans see 23% higher participant satisfaction scores compared to employers with multiple recordkeepers.(See details on clients with multiple retirement plans) Explore our retirement offerings to find out why:
Defined contribution solutions
401(k) and 403(b) options to help employees save more
Pension solutions
Defined benefit plans and pension risk transfer to help meet your goals
Nonqualified deferred compensation
Extra savings for employees beyond qualified plan limits
Stock plan solutions
Long-term incentive plans, employee stock purchase plans, and ESOPs to help attract and retain key talent
Trust and custody solutions
Trustee, custody, and paying agency services to offer comprehensive service and support
Financial wellness resources that help drive outcomes for employees
Your employees are at the heart of our business. Which is why we prioritize powerful educational tools and resources to help them build confidence and take action for their futures. And it works—we’ve found that nearly 30% more participants say they’re on track or ahead of schedule planning for retirement when they’re enrolled in multiple plans with a single service provider.(1) Our participant experience includes:

Explore our expertise
When you work with us, you’re supported by an industry-leader with over 140 years of experience providing workplace solutions and over 80 years of retirement plan experience.
Innovative investment strategies
Our retirement insights
Award-winning products and services that you can trust.
- #1 Defined benefit plan service provider(See more about being the #1 defined benefit plan service provider)
- #1 Nonqualified plan service provider(See more about survey)
- #1 ESOP service provider(See more about 2022 survey)
- A top provider of Total Retirement Solutions service provider(See more about service provider award)(See more on being a top provider)
- #4 Pension risk transfer provider(See more on pension risk award)
- A top 3 Defined contribution service provider(See more on being a top 3 defined contribution service provider)
- Our participant website has won awards for educational resources and tools & calculators.(See more on education related awards)
- Award-winning cybersecurity and privacy(See more on cybersecurity awards)
- Plan sponsor website ranked #1 out of more than 30 websites evaluated. (See more on being ranked #1 plan sponsor website)
Our focus is retirement plans for employees.
Footnote
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Principal has summarized the analysis of the 2021, NMG Consulting multi-plan recordkeeping arrangements survey, commissioned by Principal. NMG Consulting is not affiliated any member of the Principal Financial Group. Retirement engagement based on the difference between 77% engagement for Principal vs. 62% multiple recordkeepers. Small sample sizes: Single recordkeeper sample size 213, margin of error +/- 6.7%. Multiple recordkeeper sample size 98, margin of error +/- 9.9%.
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One provider is in reference to the plan recordkeeper or if applicable, Pooled Plan Provider. If you delegate to other providers such as a 3(38), you’ll need to monitor as well.
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Principal client data reporting Dec. 31, 2021.
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Principal reporting as of December 31, 2021. Based on the percentage of TRS participants signing in to their account being 35.5% larger than non-TRS participants who sign in to their account.
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Principal reporting as of December 31, 2021. Based on the percentage of Principal® Total Retirement Solutions (TRS) participants using the Retirement Wellness Planner being 50% larger than non-TRS participants using the planner.
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Principal® has summarized the analysis of the 2021, NMG Consulting multi-plan recordkeeping arrangements survey, commissioned by Principal. NMG Consulting is not affiliated any member of the Principal Financial Group®. Retirement plan satisfaction based on the difference between 74% for Principal vs. 60% multiple recordkeepers. Small sample sizes: Single recordkeeper sample size 213, margin of error +/- 6.7%. Multiple recordkeeper sample size 98, margin of error +/- 9.9%.
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Principal® Retirement Security Survey findings, June 2022.
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IMEA STAR Awards, November 2022.
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Based on number of plans, PLANSPONSOR Defined Benefit Administration Survey, May 2021.
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Based on number of plans. 2022 PLANSPONSOR Defined Contribution Plan Recordkeeping Survey, July 2022.
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Based on number of plans. 2022 PLANSPONSOR Recordkeeping Survey, July 2022.
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PLANSPONSOR Recordkeeping Survey, July 2022.
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PLANSPONSOR Defined Benefit Administration Survey, May 2021. Ranking is based on total number of DB plans.
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Based on total PRT assets, LIMRA Secure Retirement Institute, as of 12/31/2021
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Based on the number of DC plan participants, 2022 PLANSPONSOR Recordkeeping Survey, July 2022.
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Financial Advisor IQ Service Awards, September 2021.
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Dalbar DC Web Monitor Program (Q2 2022).
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Bob’s Red Mill is not an affiliate of any company of the Principal Financial Group®. Bob Moore and his employee's viewpoints may not be representative of other clients' experiences. Clients have been not been paid for their appearance.
This content is intended to be educational in nature and is not intended to be taken as a recommendation.
Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.
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