Principal Financial Group — Form 5500 Schedule C service provider compensation

Reported service provider summary

According to public Form 5500 Schedule C data published through 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 is reported as a service provider on 84 loaded Form 5500 filing(s) across 81 plan sponsor(s) and 84 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $4,823,533 and reported indirect compensation totals $107,048.

Reported compensation summary

Reported direct compensation
$4,823,533
Reported indirect compensation
$107,048
Total reported compensation
$4,930,581
Filings
84
Plan sponsors
81
Plans
84
Latest filing year
2023

Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.

Top plan sponsors by reported compensation

Plan sponsors reporting the most compensation to Principal Financial Group
SponsorStatePlansReported compensation
Lumen Technologies, Inc.LA1$907,624
B Of T Ibew Local No 640 & Az Chapter Neca Defined Contribution PlanAZ1$481,877
Ag Processing IncNE1$300,216
Joint Board Of Trustees Of Construction Industry Of Rockford, IllinoiMI1$298,262
Mcwane, Inc.AL3$165,539
Good Samaritan HospitalCA1$145,017
Border States Industries, Inc.ND1$128,097
Pinnacle Solutions, LLCAL1$114,517
New Cooperative, Inc.IA1$109,527
Bd Of Trustees-Structural Iw #1 Pension PlanIL1$105,148

State footprint

Plans reporting Principal Financial Group are sponsored in IA (20), CA (6), AL (6), MI (5), MO (4), NY (4), MN (3), IL (3), WI (3), DC (2), AZ (2), CO (2).

Plans reporting this provider

Reported on these loaded Form 5500 filings
SponsorPlanYearDirect comp.Indirect comp.
Lumen Technologies, Inc.Lumen 401(K) Savings Plan2023$907,624not reported in the loaded dataset
B Of T Ibew Local No 640 & Az Chapter Neca Defined Contribution PlanIbew Local No 640 & Az Chapter Neca Defined Contribution Plan2023$481,877not reported in the loaded dataset
Ag Processing IncThe Restated Ag Processing Inc Retirement Plan2023$300,216not reported in the loaded dataset
Joint Board Of Trustees Of Construction Industry Of Rockford, IllinoiConstruction Industry Retirement Fund Of Rockford2023$298,262not reported in the loaded dataset
Good Samaritan HospitalGood Samaritan Hospital Pension Plan2023$145,017not reported in the loaded dataset
Border States Industries, Inc.Border States Industries, Inc. Employee Stock Ownership Plan2023$128,097not reported in the loaded dataset
Pinnacle Solutions, LLCPinnacle Solutions, Inc. Employee Stock Ownership Plan2023$114,517not reported in the loaded dataset
New Cooperative, Inc.The Restated Noncontributory Retirement Plan For Cooperatives2023$109,527not reported in the loaded dataset
Bd Of Trustees-Structural Iw #1 Pension PlanStructural Iw Local #1 Pension Plan2023$0$105,148
Mcwane, Inc.Mcwane Pension Plan For Salaried Employees2023$84,676not reported in the loaded dataset
Mattel, Inc.Mattel Cash Balance Plan2023$84,320not reported in the loaded dataset
Landus CooperativeThe Restated Contributory Retirement Plan For Cooperatives2023$82,342not reported in the loaded dataset
St. Lukes-Roosevelt Hospital CenterSt. Lukes-Roosevelt Hospital Center Employees' Pension Plan2023$81,592not reported in the loaded dataset
Ccmsi Holdings, Inc.Ccmsi Holdings, Inc. Employee Stock Ownership Plan2023$79,873not reported in the loaded dataset
Mortenson Family Dental Holdings, Inc.Mortenson Dental Partners Employee Stock Ownership Plan2023$79,575not reported in the loaded dataset
The Graham CompaniesThe Graham Companies Pension Plan2023$71,900not reported in the loaded dataset
Messer Construction Co.Messer Construction Co. Hourly Employees' Retirement Plan2023$71,666not reported in the loaded dataset
Heartland Co-OpThe Restated Contributory Retirement Plan For Cooperatives2023$67,866not reported in the loaded dataset
Gn Hearing Care CorporationBeltone Electronics Corporation Retirement Plan2023$58,250$0
Messer Inc.Messer Inc. Employee Stock Ownership Plan2023$56,313not reported in the loaded dataset
Mcwane, Inc.Mcwane Master Trust2023$53,789not reported in the loaded dataset
First State Bancorp, Inc.First State Bancorp, Inc. Combined Retirement Benefit Plan2023$52,259not reported in the loaded dataset
Richmond Santa Rosa-Vallejo NewspaperRichmond Santa Rosa Vallejo Newspaper Guild Retirement Plan2023$51,977not reported in the loaded dataset
Innovative Ag Services Co.The Restated Noncontributory Retirement Plan For Cooperatives2023$51,800not reported in the loaded dataset
Bonney Forge CorporationBonney Forge Corp. Pension Plan For Employees Of Huntingdon Machine Usw Local 65212023$49,491not reported in the loaded dataset
Hydril CompanyHydril Company Retirement Plan2023$48,939not reported in the loaded dataset
Roseburg Forest Products CompanyMaster Trust For Roseburg Forest Products Co.2023$47,050not reported in the loaded dataset
Wilson Electric Services Corp EsopWilson Electric Services Corp. Employee Stock Ownership Plan2023$46,875not reported in the loaded dataset
Roeslein & Associates, Inc.Roeslein & Associates, Inc. Retirement Savings Plan2023$45,111not reported in the loaded dataset
The Bank Of Nova ScotiaScotiabank Pension Plan (United States)2023$45,000not reported in the loaded dataset
Wm. A. Straub, Inc.Wm. A. Straub, Inc. 401(K) Plan2023$44,322$0
Glaziers Local 387 Pension PlanGlaziers Local 387 Pension Plan2023$41,872not reported in the loaded dataset
Opto 22Opto 22 Money Purchase Pension Plan And Trust2023$39,983not reported in the loaded dataset
Board Of Trustees Of The Bac Staff 401(K) PlanBricklayers And Allied Craftworkers Staff 401(K) Plan2023$39,693not reported in the loaded dataset
Massachusetts Teachers AssociationMassachusetts Teachers Association Retirement Plan2023$35,721not reported in the loaded dataset
United Way Of The Bay AreaPension Plan Of United Way Of The Bay Area2023$35,177not reported in the loaded dataset
The Christman CompanyThe Christman Employee Stock Ownership Plan2023$34,187not reported in the loaded dataset
Potlatchdeltic CorporationPotlatchdeltic Retirement Plan2023$31,568not reported in the loaded dataset
Five Star CooperativeThe Restated Contributory Retirement Plan For Cooperatives2023$31,462not reported in the loaded dataset
Bricklayers And Trowel Trades International Pension FundBricklayers And Trowel Trades Int'L Retirement Savings Plan2023$28,724not reported in the loaded dataset
Gold-Eagle CooperativeThe Restated Noncontributory Retirement Plan For Cooperatives2023$28,195not reported in the loaded dataset
Fcstone Group, Inc.The Restated Noncontributory Retirement Plan For Cooperatives2023$28,051not reported in the loaded dataset
Mcwane, Inc.Mcwane Salaried Pension Plan2023$27,074not reported in the loaded dataset
Mclaughlin Body CompanyMclaughlin Body Company Hourly Employees' Pension Plan2023$26,819not reported in the loaded dataset
Sonalysts, IncSonalysts, Inc. Employee Stock Ownership Plan2023$26,382not reported in the loaded dataset
General Air Service & SupplyGeneral Air Service & Supply Co. Employee Stock Ownership Plan2023$25,950not reported in the loaded dataset
Umpqua Community Health Center Inc Dba Aviva HealthUmpqua Community Health Center Inc 403(B) Retirement Savings Plan2023$25,261$0
Employers CouncilMountain States Employers Council, Inc. Pension Plan And Trust2023$24,875not reported in the loaded dataset
Cooperative Farmers ElevatorThe Restated Noncontributory Retirement Plan For Cooperatives2023$23,408not reported in the loaded dataset
Central Valley AgThe Modified Contributory Retirement Plan For Cooperatives2023$21,992not reported in the loaded dataset

Related Form 5500 pages