401(k) · DOL Form 5500 · 2022

Principal Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
36,054
Participants Very large workforce
95th
Percentile by assets National rank
$4,262
Avg per participant Low balance/head
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Official DOL plan name: Principal Ease 401(k) Plan · Sponsored by Principal Life Insurance Company · Iowa · Finance & Insurance

$154M in assets, 36,054 participants

Principal Life Insurance Company's Principal Ease 401(k) Plan reported $154M in total assets and 36,054 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,443 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Principal Ease 401(k) Plan covers 36,054 participants in Iowa, 59x the typical Iowa plan (state average ~609 per filing). Assets: $154M.

#8,443
in Finance & Insurance (9,261 peers)
+259.8%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Principal Ease 401(k) Plan's outsized position by total assets

Principal Ease 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$153,656,612 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Principal Ease 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Principal Ease 401(k) Plan is a mega filing (36,054 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 420127290 · Principal Life Insurance Company PY 2022 · 401(k)

Principal Ease 401(k) Plan · $154M · 36,054 · 95th

  • EOY $154M
  • 5500 36,054
  • ASSETS 95th
  • PCT 401(k)
  • EIN near Howard County General Hospital, Inc. 401(k) Plan
  • RANK ind #8443

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Iowa →

Principal Ease 401(k) Plan in the asset neighbourhood

Principal Ease 401(k) Plan$154MHoward County General Hospital, Inc. 401(k) PlanHoward County General Hospit…$154MMoore Capital Management, LP 401(k) PlanMoore Capital Management, LP…$154MProcopio Cory Hargreaves & Savitch LLP 401(k) Profit Sharing PlanProcopio Cory Hargreaves & S…$154MMerit Medical Systems, Inc. 401(k) Profit Sharing PlanMerit Medical Systems, Inc. …$154M
End-of-year total assets ($M) among Principal Ease 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$154M
Net Income$32M
Employer EIN420127290
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Principal Life Insurance Company)

Sponsor-wide plan assets over time

All Principal Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 130.26408291065167% vs 2022
2024 filing year
$0.5B$1B$1.5B$2B 202220232024 $0.74B $1.71B ▲ +131.1%
Year Plans Participants Total Assets
2022 2 41,384 $742M
2023 4 80,191 $1.3B
2024 3 129,388 $1.7B

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Principal Ease 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -101234 Total assets ($B) Participants Principal Ease 401(k) Plan, Total assets ($B): 0.153656612 · Participants: 36054Principal Ease 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Principal Ease 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Principal Ease 401(k) Plan side-by-side with 3 peers →

Scale composition for Principal Ease 401(k) Plan

Principal Ease 401(k) Plan reports $154M in end-of-year assets across 36,054 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.038% of 93,925,755 covered participants) - about $4,262 per participant (3% of the national average assets-per-participant) . Net income for plan year 2022 was $32M.

This plan identity (EIN 420127290, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $154M to $651M (+323.6%) while covered participants moved from 36,054 to 121,032 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 36,054 $154M This page
2023 72,266 $384M Open filing
2024 · index core 121,032 $651M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Principal Ease 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Howard County General Hospital, Inc. 401(k) Plan in MD ($154M); by covered participants it is Abbott Laboratories Stock Retirement Plan in IL (36,136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (36,054 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Principal Ease 401(k) Plan assets move in 2022? ▼
Principal Ease 401(k) Plan surged - up 259.8% during 2022, from $43M to $154M. Reported net income was $32M.
How have Principal Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Principal Life Insurance Company's sponsor-wide assets grew 130.3%, from $742M to $1.7B.
Where does Principal Ease 401(k) Plan rank by assets among Form 5500 filers? ▼
Principal Ease 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Principal Ease 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Howard County General Hospital, Inc. 401(k) Plan in MD ($154M, 1,744 participants).
Which 401(k) plans cover a similar participant headcount to Principal Ease 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Abbott Laboratories Stock Retirement Plan in IL (36,136 participants, $13.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420127290.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.