Plan5500

Principal Ease 401(K) 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, Principal Ease 401(K) Plan is a benefit plan reported by Principal Life Insurance Company under EIN 42-0127290 and plan number 334. The latest loaded filing year is 2023. The filing reports 74,921 participants and $384,157,839 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$384.2MPlan net assets, end of year$384,157,839
Participants74.9KCovered participants reported74,921
Assets / participant$5.1KComputed: assets ÷ participants$5,128 (computed)
Provider compensation$3.2M42 Schedule C provider row(s)$3,150,357
Plan sponsor
Principal Life Insurance Company
EIN
42-0127290
Plan number
334
Plan type
3
Location
Des Moines, IA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    74,921 participants · 3Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$384.2M total assets
Net assets$384.2MLiabilities$0
Money in vs. money out
Total income / additions$155.5M
Total expenses$36.4M
Benefits paid / distributions$33.2M
Contributions
Employer$24.7M
Participant$62.3M
Full reported line items

Net assets

Total assets (EOY)
$384,157,839
Total liabilities (EOY)
$0
Net assets (EOY)
$384,157,839
Net assets (BOY)
$153,656,612

Income & contributions

Employer contributions
$24,728,831
Participant contributions
$62,308,766
Total contributions
$112,656,960
Total income / additions
$155,526,475

Expenses & distributions

Benefits paid
$33,172,441
Administrative expenses
$2,779,107
Total expenses
$36,416,770
Net increase / (decrease)
$119,109,705
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$2.5M
    CONTRACT ADMINISTRATOR · Direct $2.5M · Indirect $0
  2. 2
    Principal Securities Inc$89.3K
    OTHER SERVICES · Direct $0 · Indirect $89.3K
  3. 3
    Ameriprise Financial Services Inc$50.2K
    OTHER SERVICES · Direct $0 · Indirect $50.2K
  4. 4
    Sagepoint Financial Inc$34.8K
    CONSULTANT · Direct $25.4K · Indirect $9.5K
  5. 5
    New York Life Securities$33.7K
    OTHER SERVICES · Direct $0 · Indirect $33.7K
  6. 6
    Lpl Financial LLC$32.1K
    OTHER SERVICES · Direct $0 · Indirect $32.1K
  7. 7
    Lpl Financial LLC - Rpcp$31.7K
    INVESTMENT ADVISORY · Direct $27.1K · Indirect $4.6K
  8. 8
    Park Avenue Securities$31.1K
    INVESTMENT ADVISORY · Direct $1.4K · Indirect $29.7K
  9. 9
    Northwestern Mutual Investment Serv$30.8K
    OTHER SERVICES · Direct $0 · Indirect $30.8K
  10. 10
    Global Retirement Partners LLC$24.7K
    INVESTMENT ADVISORY · Direct $24.6K · Indirect $88
  11. 11
    Fbl Marketing Services, LLC$19.6K
    INVESTMENT ADVISORY · Direct $672 · Indirect $19K
  12. 12
    Sanctuary Securities Inc$19.5K
    OTHER SERVICES · Direct $0 · Indirect $19.5K
  13. 13
    Sima Retirement Solutions, LLC$19.1K
    INVESTMENT ADVISORY · Direct $19.1K · Indirect $9
  14. 14
    Ameriprise Financial Services LLC$18.7K
    INVESTMENT ADVISORY · Direct $18.6K · Indirect $32
  15. 15
    Ameriprise Financial Services Inc$18.6K
    INVESTMENT ADVISORY · Direct $27 · Indirect $18.5K
  16. 16
    Wells Fargo Advisors Fin Network$16.8K
    INVESTMENT ADVISORY · Direct $16.7K · Indirect $151
  17. 17
    Cambridge Investment Research Advis$13.3K
    INVESTMENT ADVISORY · Direct $13.3K · Indirect $7
  18. 18
    Osaic Wealth, Inc.$12.9K
    CONSULTANT · Direct $11.2K · Indirect $1.7K
  19. 19
    Woodbury Financial Services$12.4K
    INVESTMENT ADVISORY · Direct $285 · Indirect $12.1K
  20. 20
    Insero & Co$12K
    ACCOUNTANT · Direct $12K
  21. 21
    Mml Insurance Agency LLC$11.2K
    OTHER SERVICES · Direct $0 · Indirect $11.2K
  22. 22
    National Benefit Services, LLC$11.1K
    CONTRACT ADMINISTRATOR · Direct $9.7K · Indirect $1.4K
  23. 23
    Wilmington Trust N A.$9.9K
    INVESTMENT ADVISORY · Direct $9.9K
  24. 24
    Sax Wealth Advisors, LLC$9.9K
    INVESTMENT ADVISORY · Direct $9.9K · Indirect $2
  25. 25
    Truist Investment Services Inc$9.6K
    OTHER SERVICES · Direct $0 · Indirect $9.6K
  26. 26
    Cadaret Grant & Co$8.4K
    INVESTMENT ADVISORY · Direct $8.4K · Indirect $56
  27. 27
    Securian Financial Services Inc$8K
    OTHER SERVICES · Direct $0 · Indirect $8K
  28. 28
    Alera Investment Advisors LLC$7.7K
    INVESTMENT ADVISORY · Direct $7.7K · Indirect $12
  29. 29
    Cetera Advisor Networks Insurance S$7.5K
    OTHER SERVICES · Direct $0 · Indirect $7.5K
  30. 30
    Sanctuary Advisors, LLC$7.1K
    INVESTMENT ADVISORY · Direct $7.1K · Indirect $4
  31. 31
    Girard Advisory Services, LLC$7K
    INVESTMENT ADVISORY · Direct $7K · Indirect $1
  32. 32
    Valmark Securities Inc$6.8K
    INVESTMENT ADVISORY · Direct $6.8K · Indirect $0
  33. 33
    John Marchetti$6.8K
    INVESTMENT ADVISORY · Direct $6.8K
  34. 34
    Kestra Advisory Services, LLC$6.4K
    INVESTMENT ADVISORY · Direct $6.3K · Indirect $8
  35. 35
    Wells Fargo Clearing Services LLC$6.2K
    INVESTMENT ADVISORY · Direct $6.2K · Indirect $2
  36. 36
    Client One Securities$5.7K
    INVESTMENT ADVISORY · Direct $5.7K · Indirect $5
  37. 37
    Gwn Securities Inc.$5.7K
    OTHER SERVICES · Direct $0 · Indirect $5.7K
  38. 38
    Kestra Investment Services LLC$4.9K
    OTHER SERVICES · Direct $0 · Indirect $4.9K
  39. 39
    Bell-Anderson Agency, Inc.$4.9K
    OTHER SERVICES · Direct $0 · Indirect $4.9K
  40. 40
    Stifel Nicolaus & Company Inc$4.9K
    INVESTMENT ADVISORY · Direct $3.1K · Indirect $1.7K
  41. 41
    Morningstar Investment Mgmt LLC$0
    INV ADV, PARTICIPANTS · Direct $0 · Indirect $0
  42. 42
    Wilshire Advisors LLC$0
    INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Principal Ease 401(K) Plan?
Principal Ease 401(K) Plan is reported as sponsored by Principal Life Insurance Company (EIN 42-0127290, plan number 334) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Principal Ease 401(K) Plan?
The latest Form 5500 filing year loaded for Principal Ease 401(K) Plan is 2023.
How many participants does Principal Ease 401(K) Plan report?
Principal Ease 401(K) Plan reports 74,921 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Principal Ease 401(K) Plan?
Principal Ease 401(K) Plan reports $384,157,839 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages