Defined Benefit (Pension) · DOL Form 5500 · 2024
Principal Financial Group, Inc. Pension Plan
Data updated 2026-08-25
- $27M
- Total assets Below avg plan size
- N/A
- Participants Small participant base
- 76th
- Percentile by assets National rank
Official DOL plan name: Principal Pension Plan for Certain Former Agents · Sponsored by Principal Financial Group, Inc. · Iowa · Finance & Insurance
$27M in assets, N/A participants
Principal Financial Group, Inc.'s Principal Pension Plan for Certain Former Agents reported $27M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.
- #5,324 in Finance & Insurance (8,549 peers)
Where Principal Pension Plan for Certain Former Agents sits by assets
Principal Pension Plan for Certain Former Agents sits in the top quartile of all filed plans by assets, $27M for N/A participants, down 4.0% in 2024.
- #5,324
- in Finance & Insurance (8,549 peers)
- -4.0%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Principal Pension Plan for Certain Former Agents's outsized position by total assets
Principal Pension Plan for Certain Former Agents vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$26,831,168 Top 24% higher than 76% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Filed plans by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Principal Pension Plan for Certain Former Agents reported net income fell from $871K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Principal Pension Plan for Certain Former Agents end-of-year assets fell from $28M in the plan year 2023 filing to $27M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 421520346 · Principal Financial Group, Inc. PY 2024 · Defined Benefit (Pension)
Principal Pension Plan for Certain Former Agents · $27M · N/A · 76th
- 5500 $27M
- 5500 N/A
- 5500 76th
- 5500 Defined Benefit (Pension)
- 5500 near La Rabida Employees Retirement Plan
- 5500 ind #5324
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 Pension Plan for Certain Former Agents in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $28M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | -$1M |
| Employer EIN | 421520346 |
| Plan Effective Date | 1940-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Principal Financial Group, Inc.)
Sponsor-wide plan assets over time
All Principal Financial Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.1B 16.49531919009572% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 36,517 | $5.2B |
| 2023 | 3 | 25,319 | $5.9B |
| 2024 | 3 | 24,786 | $6.1B |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Transamerica Pension Plan $2.2B · 7,170
- Principal Cash Balance Plan $1.5B · 11,945
- Midamerican Energy Company Retirement Plan $521M · 2,805
- Employers Mutual Casualty Company Retirement Plan $362M · 1,908
- Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233
Principal Pension Plan for Certain Former Agents's closest out-of-state Defined Benefit (Pension) peers by assets
Outside Iowa, the nearest Defined Benefit (Pension) by end-of-year assets is La Rabida Employees Retirement Plan in IL at $27M (this filing: $27M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($27M here).
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.