Thrivewise Pooled Employer Plan — Form 5500 plan (Principal Life Insurance Company)
Plain-English plan 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, Thrivewise Pooled Employer Plan is a benefit plan reported by Principal Life Insurance Company under EIN 42-0127290 and plan number 333. The latest loaded filing year is 2023. The filing reports 9,400 participants and $864,606,912 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Principal Life Insurance Company
- EIN
- 42-0127290
- Plan number
- 333
- Plan type
- 3
- Location
- Des Moines, IA
- Latest filing year
- 2023
- Participants
- 9,400
- End-of-year plan assets
- $864,606,912
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9,400 | H, C | 20240906141416NAL0002579426001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $864,606,912
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $864,606,912
- Net assets (BOY)
- $588,444,418
Income & contributions
- Employer contributions
- $28,546,247
- Participant contributions
- $53,584,269
- Total contributions
- $104,406,644
- Total income / additions
- $221,412,675
Expenses & distributions
- Benefits paid
- $85,036,736
- Administrative expenses
- $1,451,829
- Total expenses
- $86,705,231
- Net increase / (decrease)
- $134,707,444
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $793,845 | $0 | 2023 |
| National Benefit Services LLC | CONTRACT ADMINISTRATOR | $549,644 | $9,094 | 2023 |
| Creative Planning | INVESTMENT ADVISORY | $141,375 | $14,926 | 2023 |
| Cadaret Grant & Co Inc | CONSULTANT | $31,427 | $27 | 2023 |
| Morningstar Investment Management L | INV ADV PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Principal Life Insurance Company
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Des Moines, IA
- Principal Life Insurance Company — Schedule C compensation
- National Benefit Services LLC — Schedule C compensation
- Creative Planning — Schedule C compensation
- Cadaret Grant & Co Inc — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation