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  2. Protect My Employees
  3. Retirement plans for employees
  4. 401(k) & 403(b) plans for employees

401(k) & 403(b) plans for employees

Feel more confident with your retirement plan

You offer a retirement plan—or you’re thinking about it. That’s a great thing. But it comes with some questions. You may want help with things like plan compliance and participant engagement.  

That’s where we come in. We’re one of the leaders for 401(k) and 403(b) plans focused on helping you follow retirement plan rules and increase participation and savings rates—while making your plan administration as efficient as possible.1

Talk to your financial professional about your defined contribution plan options or give us a call at 800-952-3343 to discuss how we can help.

Get retirement plans and services that can work for your business

From simple start-up plans to complex plans for large institutions, we offer defined contribution plan services to fit your business, including:

  • 401(k), 403(b), 401(a), ESOP, KSOP, and other retirement plan types
  • Plans tailored to for-profit, tax-exempt, governmental, and union organizations
  • Full-service or third party administrator (TPA) service arrangements
  • Flexible integration with payroll providers
  • Administrative services that limit your involvement in participant transactions
  • Fiduciary support that helps you stay compliant
  • Personalized participant education and engagement that may drive better outcomes
  • A quality promise: If we don't provide quality service in a competent, capable and effective manner, we'll either fix the problem or we'll waive the fee for that service

Get top-tier investment options

Retirement plans of all sizes have access to institutional-quality investment management. You can expect:

  • Global asset management and investment capabilities on par with the largest retirement and pension plans in the world
  • 86 sub-advised, retirement-focused investment options2
  • A multi-manager approach with 42 institutional-quality managers2
  • Access to more than 5,000 outside mutual funds3
  • A service provider with asset allocation investment options
  • Registered and non-registered investment products

Give your employees more retirement security

It shouldn’t hurt to do a good thing—like providing a defined benefit pension plan, nonqualified plan or employee stock ownership plan (ESOP) with your defined contribution plan.

The Principal Total Retirement SuiteSM combines services for multiple retirement plans, so you add to your benefits package, but not necessarily to your workload.

Consider your options

With more than 135 years of financial services experience, we’re dedicated to working closely with plan sponsors, financial professionals, and TPAs.4 Together, we review your goals, develop solutions to help meet your needs, and coordinate the many aspects of your retirement program.

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1 Based on number of plans, PLANSPONSOR Recordkeeping Survey, June 2018.

2 As of May 31, 2019.

3 As of May 31, 2018.

4 As of December 31, 2018.

Investing involves risk, including possible loss of principal.

Asset allocation and diversification does not ensure a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investments are subject to interest rate risk; as interest rates rise their value will decline. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards. These risks are magnified in emerging markets.

Insurance products and plan administrative services provided through Principal Life Insurance Co. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Principal Life, Principal Funds Distributor, Inc. and Principal Securities are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options and contract riders may not be available in all states or U.S. commonwealths. Separate Accounts are available through a group annuity contract with Principal Life Insurance Company. See the group annuity contract for the full name of the Separate Account. Principal Life Insurance Company reserves the right to defer payments or transfers from Principal Life Separate Accounts as permitted by the group annuity contracts providing access to the Separate Accounts or as required by applicable law. Such deferment will be based on factors that may include situations such as: unstable or disorderly financial markets; investment conditions which do not allow for orderly investment transactions; or investment, liquidity and other risks inherent in real estate (such as those associated with general and local economic conditions). If you elect to allocate funds to a Separate Account, you may not be able to immediately withdraw them.