Plan5500

Principal Financial Group, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Principal Financial Group, Inc. (EIN 42-1520346) is a plan sponsor located in Des Moines, IA with 5 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
42-1520346
Location
Des Moines, IA
Loaded plans
5
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Principal Financial Group, Inc.

  • 5 loaded plans hold $5.9B in reported assets.
  • The largest, The Principal Select Savings Plan, holds 70% of this company's reported plan assets.
  • Plans cover 40,820 reported participants.
  • 4 of 5 plans report full financial statements.
  • 5 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$5.9BSummed across loaded plans$5,852,746,214
Total reported assets$5.9B$5,887,069,141
Total reported participants40.8K40,820
Total reported liabilities$34.3M$34,322,927

Reported net position

Reported assets = net assets + liabilities (summed)$5.9B total assets
Net assets$5.9BLiabilities$34.3M
Contributions & income
Employer contributions$128.4M
Participant contributions$139.8M
Total income / additions$1.1B
Expenses & distributions
Benefits paid / distributions$478.7M
Total expenses$490.7M
Net increase / (decrease)$644M

Data coverage

Plans with financial statements4 / 5 (80%)
Plans with provider compensation5 / 5 (100%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets70%The Principal Select Savings Plan
Participants per plan8,164Average across loaded plans
Loaded plans5
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    The Principal Select Savings Plan$4.1B
    Plan #003 · 17,955 participants · 2023
  2. 2
    Principal Cash Balance Plan$1.7B
    Plan #005 · 18,231 participants · 2023
  3. 3
    Principal Pension Plan For Certain Former Agents$27.9M
    Plan #001 · 345 participants · 2023
  4. 4
    The Principal Welfare Benefit Plan For Medicare Eligible Retirees$25.8M
    Plan #513 · 863 participants · 2023
  5. 5
    Principal Financial Group, Inc. Section 125 Cafeteria Plannot reported in the loaded dataset
    Plan #514 · 3,426 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Principal Financial Group, Inc.. Open one for its full reported snapshot.

  1. 2023
    The Principal Select Savings Plan17,955 participants · 2Sch HSch C
    View filing →
  2. 2023
    Principal Cash Balance Plan18,231 participants · 2Sch HSch C
    View filing →
  3. 2023
    Principal Pension Plan For Certain Former Agents345 participants · 2Sch HSch C
    View filing →
  4. 2023
    The Principal Welfare Benefit Plan For Medicare Eligible Retirees863 participants · 2Sch HSch C
    View filing →
  5. 2023
    Principal Financial Group, Inc. Section 125 Cafeteria Plan3,426 participants · 2Sch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Principal Financial Group, Inc. report on Form 5500?
Principal Financial Group, Inc. (EIN 42-1520346) reports 5 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Principal Financial Group, Inc.?
The Employer Identification Number (EIN) reported for Principal Financial Group, Inc. is 42-1520346.
What is the latest Form 5500 filing year for Principal Financial Group, Inc.?
The latest loaded Form 5500 filing year for Principal Financial Group, Inc. is 2023.

Related Form 5500 pages