Principal Financial Group 401(k) and pension plans

Principal Financial Group, Inc., Des Moines, IA. EIN 42-1520346. Annual reports 2009–2024. Also filed as Principal Life Insurance Company; Kapsch Trafficcom Ivhs.

Principal Financial Group, Inc. has 3 active retirement plans on file. The largest is the Principal Cash Balance Plan, with 18,478 participants and $1.5 billion in assets in 2024. Principal has been its administrator since 2023.

Active plans: 3
Participants: 36,394
Plan assets: $6.1 billion
401(k) recordkeeper: Principal
Plans on file: 4
Industry: Finance and insurance

All 4 plans

Active plans first

Principal Cash Balance Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 005Employer EIN 42-1520346
Participants (2024): 18,478
Net assets (2024): $1.5 billion
Administered by: Principal2023–2024
Plan administrator: Benefit Plans Administration Committee
711 High Street
Des Moines, IA 50392
(866) 524-6947As filed for 2024
In effect since: December 31, 2022

Year by year, 2022 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	18,478	$1.5 billion	Principal
2023	18,866	$1.7 billion	Principal
2022	17,865	$1.5 billion	not listed

The Principal Select Savings Plan

401(k) with ESOPActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 42-1520346
Participants (2024): 17,643
Net assets (2024): $4.6 billion
Recordkeeper: Principal2016–2024
Plan administrator: Benefit Plans Administration Committee
711 High ST
Des Moines, IA 53092
(800) 986-3343As filed for 2024
In effect since: January 1, 1985

Plans merged into this one: The Principal Select Savings Plan for Individual Field (2022).

Earlier sponsor: Principal Life Insurance Company (2009–2015).

Earlier plan names: The Principal Select Savings Plan for Employees.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	17,643	$4.6 billion	Principal
2023	17,713	$4.1 billion	Principal
2022	17,585	$3.6 billion	Principal
2021	15,530	$4.0 billion	Principal
2020	14,501	$3.3 billion	Principal
2019	14,371	$3.0 billion	Principal
2018	14,270	$2.4 billion	Principal
2017	13,970	$2.6 billion	Principal
2016	13,735	$2.2 billion	Principal
2015	13,762	$1.9 billion	not listed
2014	13,648	$1.9 billion	not listed
2013	13,560	$1.8 billion	not listed
2012	13,757	$1.4 billion	not listed
2011	14,268	$1.2 billion	not listed
2010	15,017	$1.2 billion	not listed
2009	15,989	$1.1 billion	not listed

Principal Pension Plan for Certain Former Agents

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 42-1520346
Participants (2024): 273
Net assets (2024): $26.8 million
Administered by: Principal2014–2024
Plan administrator: Benefit Plans Administration Committee
711 High Street
Des Moines, IA 50392
(866) 524-6947As filed for 2024
In effect since: April 1, 1940

Earlier sponsor: Kapsch Trafficcom Ivhs (2015).

Earlier plan names: The Principal Pension Plan; Kapsch Trafficcom 401(k) Plan.

Year by year, 2014 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	273	$26.8 million	Principal
2023	325	$27.9 million	Principal
2022	350	$27.1 million	Principal
2021	18,327	$2.3 billion	Principal
2020	17,320	$2.2 billion	Principal
2019	17,350	$1.8 billion	Principal
2018	17,308	$1.5 billion	Principal
2017	16,941	$1.7 billion	Principal
2016	17,125	$1.3 billion	Principal
2015	254	$23.4 million	Principal
2014	20,398	$1.4 billion	Principal

The Principal Select Savings Plan for Individual Field

401(k) with ESOPMerged

Merged. In 2022 its assets moved to the The Principal Select Savings Plan, sponsored by Principal Financial Group, Inc. (EIN 42-1520346, plan 003). Accounts moved with them, so that plan is the one to contact.

Plan number: 004Employer EIN 42-1520346
Participants (2021): 1,250
Net assets (2021): $306 million
Recordkeeper: Principal2016–2022
Plan administrator: Benefit Plans Administration Committee
711 High ST
Des Moines, IA 53092
(866) 524-6947As filed for 2022
In effect since: January 1, 1985

Earlier sponsor: Principal Life Insurance Company (2009–2015).

Year by year, 2009 to 2022

Plan year	Participants	Net assets	Recordkeeper
2022	0	$0	Principal
2021	1,250	$306 million	Principal
2020	1,333	$267 million	Principal
2019	1,336	$244 million	Principal
2018	1,392	$201 million	Principal
2017	1,493	$225 million	Principal
2016	1,702	$191 million	Principal
2015	1,742	$172 million	not listed
2014	1,691	$174 million	not listed
2013	1,611	$165 million	not listed
2012	1,579	$137 million	not listed
2011	1,548	$126 million	not listed
2010	1,722	$160 million	not listed
2009	2,179	$141 million	not listed

If you had money in one of these plans

Call Principal (principal.com), which runs the The Principal Select Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((866) 524-6947). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 4 plans

Principal Cash Balance Plan

The Principal Select Savings Plan

Principal Pension Plan for Certain Former Agents

The Principal Select Savings Plan for Individual Field

If you had money in one of these plans

What these numbers are

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