Thank you for your long-standing business. We appreciate your loyalty and the trust you’ve placed in us to manage your investments. We take great pride in serving you and knowing we can help free some of your time so you can focus on other areas of your business.


We want to make sure the other aspects of your organization’s retirement planning needs are being met as well. With more than 80 years in the retirement business, our experience is extensive.1


Did you know that we are one of only a few full-service defined benefit providers? We can provide stand-alone retirement services or combine them, so you have both the convenience and the oversight that comes from working with a single provider.

Did you know?

Defined benefit best practices

What challenges are you facing?

Can you streamline DB plan administration?

Are you on track for plan termination?

As the #1 service provider of defined benefit (DB) plans, we understand that there are many complexities when it comes to your plan.1 We can help you navigate through your DB pension plan challenges. We look forward to discussing these and other DB plan strategies you can consider. We can look at ways to help reduce the time you spend managing your plan while potentially saving on your bottom line.

Defined benefit services

A comprehensive pension program

We understand that each client and DB plan is unique. We strive to provide comprehensive DB plan capabilities that work in lockstep with your organization. Our unique, consultative approach paired with integrated services can provide better plan data accuracy, comprehensive reporting, coordinated asset-liability risk assessments, potential cost efficiencies, and more.

Plan administration

Trust and custody

Actuarial consulting

Pension risk transfer

Retiree services

We look forward to discussing how we can help you design a DB pension plan strategy aimed at reducing adminsitrative effort, minimizing risks, maintaining optimal funding ratios, and meeting your plan goals.

Principal® retirement services

Retirement is at our core

Unlike other service providers, retirement is at the heart of our business. Retirement and asset management operations represent 95% of our assets under management.4 We offer a full spectrum of retirement plan services to help make your job easier and provide a holistic approach to retirement planning for your employees.

DB recordkeeper2

NQDC provider5

ESOP provider6

DC recordkeeper7

Click on the circles to learn more about our services.

Principal® Total Retirement Solutions

With Principal® Total Retirement Solutions you'll have one simple experience on a streamlined digital platform with one experienced relationship manager and one experienced team instead of multiple service providers. Plus, your employees can check their retirement benefits with just one click, one call, one app.

More about Principal

If you haven’t yet experienced our culture of service, inclusion, and innovation, we’d like to share a quick glimpse into Principal so you can see see how our people-first philosophy can help you reach your organization’s retirement plan goals.

Remaining true to our culture is important to us. Our industry accolades prove we make our culture and values come to life.

 

America's Most Responsible Companies 2023
Newsweek Magazine, Q4 2022

2023 World's Most Ethical Companies
Ethisphere®, March 2023

World’s Most Admired Companies®

Fortune magazine, February 2023

Thank you for being a long-standing client. We appreciate our relationship.

Connect with us:    Principal.com

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1 Principal Financial Group was founded in 1879 and began managing retirement assets and providing retirement plan services in 1941. We provide plan administration, trust and custody, actuarial consulting, investment management, retiree services, pension risk transfer, and more.
2 Based on total number of plans, PLANSPONSOR Defined Benefit Administration survey, May 2021.
3 As of Dec. 31, 2021. Top 4 pension risk transfer is based on the total PRT assets, LIMRA Secure Retirement Institute. Plan and participant count includes services provided to employers, participants, and retirees in active and terminated plans. Numbers are rounded. Annual pension payments include group-purchased guaranteed payments, group-guaranteed (Benefit Index) payments, and direct fund payments from our WSRS active pension plan business. Defined benefit plans we’ve helped terminate in past 24 months.
4 Principal as of Dec. 31, 2022.
5 Based on number of Section 409A plans, PLANSPONSOR Recordkeeping Survey, July 2022.
6 Based on number of ESOP plans, PLANSPONSOR Recordkeeping Survey, July 2022.
7 Based on number of DC plan participants, PLANSPONSOR Recordkeeping Survey, July 2022.

Information is intended to be educational in nature and is not intended to be taken as a recommendation.

 

OCIO solutions and LDI solutions are provided by Investment Solutions, an advisory team within Principal Asset ManagementSM.  Principal Asset Management leads global asset management at Principal®.  

Custody and trust services are provided by Principal Bank®, Member FDIC, and/or Principal Trust Company®.  These services are provided under the trade name Principal® Custody Solutions. Principal Trust Company is a trade name of Delaware Charter Guarantee & Trust Company. 

When Principal Custody Solutions is providing investment management services, Principal Custody Solutions serves as the investment manager or discretionary trustee but leverages the investment expertise of Principal Asset Management.  Customers may also contract directly with Principal Asset Management for investment management services.  In those instances, Principal Custody Solutions serves solely in a custodial or trustee capacity.  Please refer to your underlying service agreements for details.

Principal Global Investors, LLC is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA), a commodity pool operator (CPO) and is a member of the National Futures Association (NFA). Principal Global Investors advises qualified eligible persons (QEPs) under CFTC Regulation 4.7. Principal Asset Management is a trade name of Principal Global Investors, LLC.

Principal Global Investors®, Principal Bank, and Principal Trust Company are members of the Principal Financial Group®, Des Moines, Iowa 50392.

 

Insurance products and plan administrative services provided through Principal Life Insurance Company®. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 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, Iowa 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.

 

Principal®, Principal Financial Group®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and services marks of Principal Financial Services, Inc., in various countries around the world. 

 

© 2023 Principal Financial Services, Inc.

 

Investment and Insurance Products are:

Not insured by the FDIC or Any Federal Government Agency

Not a Deposit or Other Obligation of, or Guaranteed by Principal Bank or Any Bank Affiliate Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.

 

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