401(k) · DOL Form 5500 · 2022

Principal Life Insurance Company 401(k) Plan

Data updated 2026-08-11

$154M
Total assets
36,054
Participants
95th
Percentile by assets
$4,262
Avg per participant
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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.

  • 95th percentile by assets (of 139,126 plans)
  • #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.

$154M
total plan assets (2022 EOY)
36,054
covered participants
95th
percentile by assets (of 139,126 plans)
$4,262
avg assets per participant

Where Principal Ease 401(k) Plan sits 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 $2,010,000,000 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

State
Iowa
Industry
Finance & Insurance

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Principal Ease 401(k) Plan reports 36,054 participants - 59x that state average ($154M EOY assets).

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)

$0.5B$1B$1.5B$2B 202220232024 $0.74B $1.71B ▲ +131.1%
Total plan assets by year, all Principal Life Insurance Company plans on file
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 ($B) Participants Principal Ease 401(k…, Total assets ($B): 0.153656612 · Participants: 36054Principal Ease 401(k…The Principal Select…, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select…Iowa Health System S…, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) …
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Principal Ease 401(k) Plan by total assets, not by location.

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).

Next read for Principal Ease 401(k) Plan

Filing takeaways

Ways to act on Principal Ease 401(k) Plan's numbers.

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.