Employers › Principal Life Insurance

Principal Life Insurance 401(k)

Finance and insurance
Des Moines, IA
EIN 42-0127290
3 plans with Schedule H financials
Plan year 2024
Principal Life Insurance Company
SEC registrant Principal Life Insurance Co

Administrative expenses excluding investment management, per participant · largest plan, Thrivewise Pooled Employer Plan · plan year 2024

$233.23

Higher than 97% of the 2,324 plans $250M to 1B that report it.

Source

= $1,812,629 / 7,772
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250804162645NAL0000824083001, received 2025-08-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250804162645NAL0000824083001, received 2025-08-04

10th: $18.52median $67.2190th: $147.71

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-04.

Largest plan, all six figures: Thrivewise Pooled Employer Plan

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses excluding investment management, per participantheadline

$233.23

10th: $18.52median $67.2190th: $147.71

Higher than 97% of the 2,324 plans $250M to 1B that report it.

Source

Administrative expenses per participant

$236.38

10th: $27.95median $88.2590th: $203.68

Higher than 93% of the 2,405 plans $250M to 1B that report it.

Source

= $1,837,163 / 7,772
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250804162645NAL0000824083001, received 2025-08-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250804162645NAL0000824083001, received 2025-08-04

Administrative expenses as a share of assets

0.184%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 90% of the 2,407 plans $250M to 1B that report it.

Source

= $1,837,163 / $996,903,363
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250804162645NAL0000824083001, received 2025-08-04
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250804162645NAL0000824083001, received 2025-08-04

Employer contributions per participant

$4,394

10th: $1,169median $3,07390th: $8,346

Higher than 67% of the 2,457 plans $250M to 1B that report it.

Source

= $34,153,749 / 7,772
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250804162645NAL0000824083001, received 2025-08-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250804162645NAL0000824083001, received 2025-08-04

Employer share of total contributions

33.0%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 57% of the 2,459 plans $250M to 1B that report it.

Source

= $34,153,749 / $103,358,726
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250804162645NAL0000824083001, received 2025-08-04
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250804162645NAL0000824083001, received 2025-08-04

Plan terms, as stated in Principal Life Insurance Company's SEC filings

Plan terms are not published in public filings.

Plans sponsored

Plan	Assets	Participants with a balance	Headline	Year
Thrivewise Pooled Employer Plan	$996,903,363	7,772	$233.23 administrative expenses excl. investment management, per participant	2024
Principal Ease 401(k) Plan	$650,877,712	27,194	$190.62 administrative expenses excl. investment management, per participant	2024
RS Utility Structures Inc. 401(k) Plan	$2,578,923	302	$93.76 administrative expenses excl. investment management, per participant	2023

Alerts, claims and corrections

Sponsor name as filed: PRINCIPAL LIFE INSURANCE COMPANY; SEC registrant: PRINCIPAL LIFE INSURANCE CO (CIK 9712, matched by EIN).