Plan5500

Principal Ease 401(K) Plan — Form 5500 plan (Principal Life Insurance Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Principal Ease 401(K) Plan is a benefit plan reported by Principal Life Insurance Company under EIN 42-0127290 and plan number 334. The latest loaded filing year is 2023. The filing reports 74,921 participants and $384,157,839 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Principal Life Insurance Company
EIN
42-0127290
Plan number
334
Plan type
3
Location
Des Moines, IA
Latest filing year
2023
Participants
74,921
End-of-year plan assets
$384,157,839

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202374,921H, C20240906141201NAL0000631091001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$384,157,839
Total liabilities (EOY)
$0
Net assets (EOY)
$384,157,839
Net assets (BOY)
$153,656,612

Income & contributions

Employer contributions
$24,728,831
Participant contributions
$62,308,766
Total contributions
$112,656,960
Total income / additions
$155,526,475

Expenses & distributions

Benefits paid
$33,172,441
Administrative expenses
$2,779,107
Total expenses
$36,416,770
Net increase / (decrease)
$119,109,705

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$2,479,526$02023
Principal Securities IncOTHER SERVICES$0$89,2862023
Ameriprise Financial Services IncOTHER SERVICES$0$50,2382023
Sagepoint Financial IncCONSULTANT$25,353$9,4882023
New York Life SecuritiesOTHER SERVICES$0$33,7322023
Lpl Financial LLCOTHER SERVICES$0$32,1442023
Lpl Financial LLC - RpcpINVESTMENT ADVISORY$27,112$4,6212023
Park Avenue SecuritiesINVESTMENT ADVISORY$1,382$29,6752023
Northwestern Mutual Investment ServOTHER SERVICES$0$30,8252023
Global Retirement Partners LLCINVESTMENT ADVISORY$24,563$882023
Fbl Marketing Services, LLCINVESTMENT ADVISORY$672$18,9622023
Sanctuary Securities IncOTHER SERVICES$0$19,4772023
Sima Retirement Solutions, LLCINVESTMENT ADVISORY$19,071$92023
Ameriprise Financial Services LLCINVESTMENT ADVISORY$18,624$322023
Ameriprise Financial Services IncINVESTMENT ADVISORY$27$18,5292023
Wells Fargo Advisors Fin NetworkINVESTMENT ADVISORY$16,660$1512023
Cambridge Investment Research AdvisINVESTMENT ADVISORY$13,274$72023
Osaic Wealth, Inc.CONSULTANT$11,155$1,7162023
Woodbury Financial ServicesINVESTMENT ADVISORY$285$12,1332023
Insero & CoACCOUNTANT$12,000not reported in the loaded dataset2023
Mml Insurance Agency LLCOTHER SERVICES$0$11,2392023
National Benefit Services, LLCCONTRACT ADMINISTRATOR$9,744$1,3562023
Wilmington Trust N A.INVESTMENT ADVISORY$9,939not reported in the loaded dataset2023
Sax Wealth Advisors, LLCINVESTMENT ADVISORY$9,853$22023
Truist Investment Services IncOTHER SERVICES$0$9,5702023
Cadaret Grant & CoINVESTMENT ADVISORY$8,364$562023
Securian Financial Services IncOTHER SERVICES$0$7,9562023
Alera Investment Advisors LLCINVESTMENT ADVISORY$7,720$122023
Cetera Advisor Networks Insurance SOTHER SERVICES$0$7,4532023
Sanctuary Advisors, LLCINVESTMENT ADVISORY$7,137$42023
Girard Advisory Services, LLCINVESTMENT ADVISORY$6,980$12023
Valmark Securities IncINVESTMENT ADVISORY$6,844$02023
John MarchettiINVESTMENT ADVISORY$6,764not reported in the loaded dataset2023
Kestra Advisory Services, LLCINVESTMENT ADVISORY$6,343$82023
Wells Fargo Clearing Services LLCINVESTMENT ADVISORY$6,185$22023
Client One SecuritiesINVESTMENT ADVISORY$5,670$52023
Gwn Securities Inc.OTHER SERVICES$0$5,6672023
Kestra Investment Services LLCOTHER SERVICES$0$4,9072023
Bell-Anderson Agency, Inc.OTHER SERVICES$0$4,8932023
Stifel Nicolaus & Company IncINVESTMENT ADVISORY$3,133$1,7332023
Morningstar Investment Mgmt LLCINV ADV, PARTICIPANTS$0$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages