Principal Life Insurance 401(k) match, vesting and fees
What Principal Life Insurance's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 104 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Principal Life Insurance: employer contribution per participant | $1,503 | |
| Peer median | $3,632 |
| Principal Life Insurance: average balance | $23,935 | |
| Peer median | $158,797 |
| Principal Life Insurance: admin expenses ÷ assets | 1.12% | |
| Peer median | 0.04% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $384M at the end of plan year 2023 to $651M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 163,954 | $651M | $40.9M | $1,503 | 1.12% | Not published | Form 5500 ↗ |
| 2023 | 108,334 | $384M | $24.7M | $1,165 | 1.03% | Not published | Form 5500 ↗ |
Other Principal Life Insurance plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Thrivewise Pooled Employer Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The Navigator 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule I ↗ |
Rs Utility Structures Inc. 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | K Financial (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Principal Life Insurance match 401(k) contributions?
The match terms for the Principal Ease 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $40.9M in employer contributions, about $1,503 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Principal Life Insurance 401(k) match vested?
The vesting schedule for the Principal Ease 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Principal Life Insurance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Principal Life Insurance Company.
I left Principal Life Insurance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Principal Life Insurance Company, (800) 986-3343) or the recordkeeper, Principal Life Insurance Company. The Principal Life Insurance old 401(k) page lists the contacts from every plan filing. Find an old Principal Life Insurance 401(k)
Data from the public Form 5500 annual reports Principal Life Insurance filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Principal Life Insurance. Not financial advice. Report a correction · Methodology