Plans listing this provider
5,372
9.52% of the 56,420 plans with Schedule H financials; 5,411 in 2023
Providers › Principal Life Insurance Company
Principal Life Insurance Company
- Service provider, as named on Schedule C
- EIN 420127290
- Plan year 2024
- Direct compensation reported $537,422,064
Assets of those plans
$384,312,299,121
4.93% of all Schedule H plan assets
Plans where it is the recordkeeper
5,361
service code 65 (recordkeeping) or 64 (recordkeeping and information management)
Median direct compensation per participant, as recordkeeper
$168.54
across 5,230 plans that pay it a positive direct amount
Direct compensation is Schedule C line 2(d), paid by the plan. Indirect compensation (revenue sharing and similar) is a flag on the filing and is not included in these amounts. A provider's name is spelled as filed; the same firm can appear under several spellings.
Services reported
| Service code | Meaning | Plans |
|---|---|---|
| 50 | Direct payment from the plan | 5,359 |
| 64 | Recordkeeping fees | 5,358 |
| 13 | Contract administrator | 5,352 |
| 37 | Participant loan processing | 4,619 |
| 15 | Recordkeeping and information management | 18 |
| 62 | Float revenue | 14 |
| 21 | Trustee (bank, trust company or similar) | 11 |
| 27 | Investment advisory (plan) | 10 |
Largest plans served
| Plan | Employer | Assets | Participants | Direct compensation |
|---|---|---|---|---|
| American Express Retirement Savings Planrecordkeeper | American Express | $9,068,227,739 | 38,135 | $2,009,783 |
| Lowes 401(k) Planrecordkeeper | Lowe’s Companies | $8,584,946,338 | 140,573 | $1,136,347 |
| HDR, Inc. Best Plan and ESOP | HDR | $7,698,378,085 | 15,939 | $231,413 |
| Chs/community Health Systems, Inc. Retirement Savings Planrecordkeeper | CHS/Community Health Systems | $4,778,242,011 | 80,965 | $4,729,967 |
| Cardinal Health 401(k) Savings Planrecordkeeper | Cardinal Health | $4,764,536,322 | 32,188 | $1,409,073 |
| The Principal Select Savings Planrecordkeeper | Principal Financial Group | $4,579,548,793 | 17,454 | $1,008,177 |
| Sanford Retirement Savings Planrecordkeeper | Sanford | $3,602,462,001 | 38,800 | $1,591,249 |
| Performance Contracting Group, Inc. Esop/401(k) Planrecordkeeper | Performance Contracting Group | $3,582,245,863 | 1,635 | $78,326 |
| ABB Inc. Retirement Savings Planrecordkeeper | ABB | $3,295,746,525 | 20,515 | $819,343 |
| The Hy-vee and Affiliates 401(k) Planrecordkeeper | Hy-vee | $3,108,416,900 | 57,133 | $3,418,998 |
| The Fidelity National Financial Group 401(k) Profit Sharing Planrecordkeeper | Fidelity National Financial | $3,009,149,389 | 22,798 | $1,554,811 |
| Raymond James Financial, Inc. 401(k) Planrecordkeeper | Raymond James Financial | $2,874,162,263 | 18,022 | $684,832 |
| The Magna Group of Companies Retirement Savings Plansrecordkeeper | Magna International of America | $2,470,105,136 | 30,444 | $2,335,135 |
| Stanley Black & Decker Retirement Account Planrecordkeeper | Stanley Black & Decker | $2,467,327,986 | 26,180 | $1,279,289 |
| TCS 401(k) Planrecordkeeper | Tata America International | $2,358,627,661 | 34,300 | $1,711,842 |
| Parsons Corporation Retirement Savings Planrecordkeeper | Parsons | $2,274,724,861 | 15,459 | $439,451 |
| ISO 401(k) Savings and Employee Stock Ownership Planrecordkeeper | Insurance Services Office | $2,269,827,890 | 8,143 | $497,207 |
| United Rentals 401(k) Investment Planrecordkeeper | United Rentals (north America) | $2,265,775,494 | 26,787 | $1,638,876 |
| Allegis Group, Inc. Retirement Savings Plan Onerecordkeeper | Allegis Group | $2,194,884,375 | 41,539 | $1,691,436 |
| Baird Profit Sharing & Savings Planrecordkeeper | Robert W. Baird | $2,186,434,009 | 6,323 | $419,090 |
| Tetra Tech, Inc. and Subsidiaries Retirement Planrecordkeeper | Tetra Tech | $2,160,392,069 | 10,892 | $360,747 |
| Quad/graphics Diversified Planrecordkeeper | Quad/graphics | $2,081,617,695 | 13,783 | $1,070,044 |
| Burns & Mcdonnell, Inc. 401(k) Savings Planrecordkeeper | Burns & Mcdonnell | $2,064,163,575 | 11,959 | $615,558 |
| Pacific Life Insurance Company Retirement Incentive Savings Planrecordkeeper | Pacific Life Insurance | $1,778,730,074 | 5,035 | $296,953 |
| Shaw Industries Group, Inc. Retirement Savings Planrecordkeeper | Shaw Industries Group | $1,743,038,069 | 19,197 | $1,692,379 |
Form 5500 Schedule C Part I line 2, plan year 2024, plans with Schedule H financials and a 401(k) feature. Provider identity: Schedule C EIN where given, else the normalized name.