Principal Life Insurance Company
78
Plan:
9
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (78) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $53,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
The Principal Select Savings Plan for Employees is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances and Investment Menu Quality. The Principal Select Savings Plan for Employees currently has over 15,000 active participants and over $1.2B in plan assets.
Retirement Plan Details
| Address |
711 High St
Des Moines, IA 50392-1200 |
| Industry | Finance and Insurance |
| Administrator | Christopher Bowman |
| Sponsor | Tammy Dehaai |
| Net Plan Assets | $1,240,000,000 |
| Total Participants | 15,000 |
| Avg Account Balance | $83,000 |
Compare Other Companies in Peer Group
| Allianz of America | 79.5 |
| John Hancock Financial Services | 79.3 |
| ING North America Insurance | 77.5 |
| Massachusetts Mutual Life... | 75.5 |
| Aegon USA, LLC | 72.8 |
| Fidelity National Financial | 61.7 |
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