Principal Life Insurance Company
79
Plan:
38
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (79) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $15,900 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 Individual Field is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Company Generosity, Investment Menu Quality, and Salary Deferral. The Principal Select Savings Plan for Individual Field currently has over 2,100 active participants and over $140.3M 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 | $140,000,000 |
| Total Participants | 2,200 |
| Avg Account Balance | $65,000 |
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