Retirement Plans

Total retirement readiness under one roof

Best-in-class service. Leading expertise in every major retirement plan type. With The Principal as your retirement plan service provider, it’s easier to offer benefits that work for your employees and your business.

Choose from a variety of retirement plans, or combine them for a total retirement solution with the Principal Total Retirement SuiteSM. We’re here for you, no matter what.

Talk to an advisor near you to find out how a financial professional can help you get started.

Defined contribution plans with extra tax advantages
Rewarding loyalty and providing additional financial security
Offer shared interest in your company’s future
Extra savings for your key employees, beyond qualified plan limits

Our retirement plans feature a wide variety of investment options and comprehensive retirement plan services designed to simplify your benefits administration (and make doing business easier).

Juggling multiple retirement plans with different providers?

Streamline your offerings with the Principal Total Retirement SuiteSM for a single point of contact and no administrative headaches.

Call us at 800-952-3343 ext. 22681 to learn more.

401(k) & 403(b) plans
Plan typeQualified
Contribution LimitsDeferrals per year under age 50: $18,000
Deferrals per year over age 50: $24,000
Total company contributions: $53,000
Eligible Compensation$265,000
Restrictions Statutory & testing limits
Pension plans
Plan typeQualified
Contribution LimitsMaximum annual benefit: $210,000
Eligible Compensation$265,000
Restrictions Statutory & testing limits
ESOPs
Plan typeStock purchase
Contribution Limits$53,000
Eligible Compensation$265,000
Restrictions Statutory & testing limits
Deferred compensation plans
Plan typeNonqualified
Contribution LimitsTypically few limits, if any1
Eligible CompensationAny amount
Restrictions No restrictions

Do you offer employee benefits through us?
Manage your benefits online.
Rates and values
See the performance, rates and values for various products from the Principal Financial Group.
More for small businesses

Review additional retirement solutions like Principal Funds SEP IRA and Principal Funds SIMPLE IRA

Contact us to learn more about retirement plans

Call us at 800-952-3343 ext. 22681 to discuss options for your business.  

Help with creating a total retirement solution

Designing Your Retirement Plan for Success

Find out how to design your retirement plan to help employees be prepared for retirement and make informed financial decisions.

Understanding Fee Disclosure Regulations

Trends in Nonqualified Deferred Compensation Plans

Find an Advisor Near You

You’re busy enough. Let us help. Get smart, reliable guidance from a financial professional.

1 Except 457(b) plans, which allow $18,000 combined contribution for both participant and the plan sponsor