Who sponsors the The Principal Welfare Benefit Plan?

The Principal Welfare Benefit Plan is reported as sponsored by Principal Life Insurance Company (EIN 42-0127290, plan number 501) in public Form 5500 filings.

What is the most recent Form 5500 filing year for The Principal Welfare Benefit Plan?

The latest Form 5500 filing year loaded for The Principal Welfare Benefit Plan is 2023.

How many participants does The Principal Welfare Benefit Plan report?

The Principal Welfare Benefit Plan reports 16,679 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for The Principal Welfare Benefit Plan?

The Principal Welfare Benefit Plan reports $409,946,170 in end-of-year plan assets in its latest loaded Form 5500 filing.

The Principal Welfare Benefit 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, The Principal Welfare Benefit Plan is a benefit plan reported by Principal Life Insurance Company under EIN 42-0127290 and plan number 501. The latest loaded filing year is 2023. The filing reports 16,679 participants and $409,946,170 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: 501
Plan type: 2
Location: Des Moines, IA
Latest filing year: 2023
Participants: 16,679
End-of-year plan assets: $409,946,170

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	16,679	H, C	20241014103201NAL0045628000001
2023	130	H, C	20241014125509NAL0026197009001
2023	261	H, C	20241024125720NAL0002164978001
2023	116	H, C	20250417094532NAL0001096433001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY): $409,946,170
Total liabilities (EOY): $49,300,502
Net assets (EOY): $360,645,668
Net assets (BOY): $374,399,800

Income & contributions

Employer contributions: $9,903,334
Participant contributions: $47,161,978
Total contributions: $57,065,312
Total income / additions: $98,161,013

Expenses & distributions

Benefits paid: $190,550,383
Administrative expenses: $15,650,886
Total expenses: $206,201,269
Net increase / (decrease): -$108,040,256

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Principal Life Insurance Company	CONTRACT ADMINISTRATOR	$0	$0	2023
Principal Funds, Inc.	AFFILIATE TO PLAN SPONSOR	$0	$0	2023