40 of the nation’s top 100 ESOPs choose us.1
Whether a company is considering an employee stock ownership plan (ESOP) or reviewing one already in place, our expertise and holistic approach can make a big difference.
40 of the nation’s top 100 ESOPs choose us.1
What sets us apart comes down to three things—our people, breadth of experience, and technology. Put simply, we work in the background taking care of the details to make the entire ESOP easier for everyone involved.
With more plans under our belts than anyone else, we truly excel at supporting ESOPs no matter the company size, structure, or industry.2
Our full spectrum of ESOP recordkeeping and administrative services can make life easier for companies and give employee owners a better experience.
Web-based repurchase liability projection tool, My PERLS®, helps companies easily manage ESOP cash flow—and at no additional fee
Our full spectrum of ESOP recordkeeping and administrative services can make life easier for companies and give employee owners a better experience.
Save time and gain confidence with two technology-driven employee owner services—Principal e-DistributionSM and Principal e-DiversificationSM. Both services:
Diligent compliance testing support and protection to help manage fiduciary responsibilities
We focus on what we do best—employee stock ownership plan design expertise. This gives you time for what you do best—finances, accounting, legal, and much more. And allows companies to focus on what they care about most—their business.
Our team of experienced ESOP consultants provides proactive consulting to help the ESOP and its benefits meet the ongoing needs of the owner and company.
No matter what stage the ESOP is in—new, existing, or terminating—we've got the experience and processes in place to help.
We understand that an ESOP is a legacy. We'll treat it as one.
We've seen how plan design can determine whether an ESOP and the company are successful. Good news—this is where we excel. Let us help!
#1
Top 5
#1
#1
#1 Employee stock ownership plans4
Top 5 Defined contribution plans5
#1 Defined benefit plans6
#1 Nonqualified plans7
Every owner and company looks a little different, but most share four common goals: recruit, retain, reward, and retire.
Through our tailored approach, an ESOP can often address all of these succession planning needs. With a firm plan for the future, an owner gains back time to focus on what matters—helping their company and people grow.
* HSA integration available through the Retirement Wellness Planner for Principal clients with an ESOP and 401(k) plan.
1 100 Largest Majority Employee-Owned Companies, NCEO, July 2019.
2 Based on number of employee stock ownership plans, PLANSPONSOR Recordkeeping Survey, July 2018.
3 Employer-sponsored retirement plans are defined benefit or defined contribution. The guarantee applies to employer sponsored defined benefit or defined contribution plans and is effective for unauthorized activity that occurs on or after Aug. 10, 2017, and after you have activated two-factor authentication. Exclusions to the policy may apply.
4 Based on number of plans, PLANSPONSOR Recordkeeping Survey, July 2018
5 Based on number of plans and participants, PLANSPONSOR Recordkeeping Survey, July 2018.
6 Based on number of plans, PLANSPONSOR DB Administration Survey, May 2019.
7 Based on number of plans, PLANSPONSOR Recordkeeping Survey, July 2018.
Amazon Alexa is a trademark of Amazon.com, Inc.
Principal® does not make available products related to health savings accounts.
Your repurchase calculation will be based on the set of assumptions you use within the My PERLS software. Consultants at Principal are available to discuss the results generated by your study and the potential alternatives for addressing repurchase liability issues. You should consult appropriate professionals on all matters related to legal, tax, investment, or accounting obligations and requirements.
Participants should consider the differences in investment options and risks, fees and expenses, tax implications, services, and penalty-free withdrawals. There may be other factors to consider due to their specific needs and situation. Participants may wish to consult their tax or investment advisor or legal counsel.
919454-082019