PRINCIPAL LIFE INSURANCE COMPANY
175 known aliases resolved via the canonical alias map
Market position · 2024
Plans served6,958-178 YoYRank #3 of mapped providers
Assets under administration$668.1B0.7%Market share · rank #19
Fees received$681MMedian $54,951/planSum across Schedule C direct + indirect
Net wins YoY-139712 won · 851 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical PRINCIPAL LIFE INSURANCE COMPANY plan look like?
Service mix · median fees per plan
Count of plans where PRINCIPAL LIFE INSURANCE COMPANY ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant loan processing; Sub-transfer agency fees; Investment management fees paid indirectly by plan; Contract Administrator; Trustee (directed); Direct payment from the planCode 13 | 6,394 | $56,272 | |
Trustee (discretionary); Trustee (bank, trust company, or similar financial institution); Sub-transfer agency fees; Recordkeeping fees; Other feesCode 21 | 184 | $33,951 | |
Other services; Other fees; Other commissionsCode 49 | 153 | $13,657 | |
Other services; Investment advisory (plan); Other commissions; Other feesCode 27 | 129 | $17,814 | |
Valuation (appraisals, etc.); Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.)Code 15 | 94 | $54,002 | |
Soft dollars commissions; Investment management; Other feesCode 28 | 82 | $0 | |
Trustee (discretionary); Custodial (securities); Direct payment from the planCode 19 | 65 | $33,681 | |
Recordkeeping fees; Plan AdministratorCode 14 | 24 | $25,767 |
Competitor overlap
Percent of PRINCIPAL LIFE INSURANCE COMPANY's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under PRINCIPAL LIFE INSURANCE COMPANY.
| Sponsor | From | Assets |
|---|---|---|
WESTROCK COMPANYGA · 473335141-027 | MONDRIAN INVESTMENT GROUP | $4.4B |
BOARD OF TRUSTEES OF NATIONAL INTEGRATED GROUP PENSION PLANPA · 226190618-001 | JPMORGAN INVEST HOLDINGS LLC | $1.6B |
EQUIFAX, INCGA · 580401110-003 | FIDELITY INVESTMENTS INSTITUTIONAL | $1.5B |
SECURIAN FINANCIAL GROUP, INC.MN · 411919752-001 | THE STANDARD | $1.2B |
EVAPCO, INC.MD · 521059673-001 | (new plan) | $1.1B |
OPERATING ENGINEERS LOCAL NO. 825 PENSION FUNDNJ · 226033380-001 | WELLINGTON TRUST COMPANY | $1.1B |
SECURIAN FINANCIAL GROUP, INC.MN · 411919752-004 | THE STANDARD | $981M |
GROUP HEALTH PLAN, INC.MN · 410797853-001 | WELLS FARGO BANK, N.A. | $819M |
ANDERSEN CORPORATIONMN · 410123208-001 | STATE STREET GLOBAL ADVISORS | $773M |
PLAN PROFESSIONALS, LLCNJ · 853213245-333 | MORGAN STANLEY SMITH BARNEY | $650M |
Plans lost in 2024
Appeared last year under PRINCIPAL LIFE INSURANCE COMPANY; not this year.
| Sponsor | To | Assets |
|---|---|---|
TRUIST FINANCIAL CORPORATIONNC · 560939887-001 | EMERGING MARKETS VALUE PORTFOLIO | $14.6B |
DILLARD'S, INC.AR · 710388071-111 | GRANT THORNTON LLP | $2.9B |
LAND O' LAKES, INC.MN · 410365145-017 | STRATEGIC ADVISORS, INC. | $2.0B |
MATTEL, INC.CA · 951567322-002 | STRATEGIC ADVISORS, INC. | $1.2B |
PACTIV EVERGREEN SERVICES INC.IL · 270147082-004 | FIDELITY INVESTMENTS INSTITUTIONAL | $981M |
PATTERSON COMPANIES, INC.MN · 410886515-045 | FIDELITY INVESTMENTS INSTITUTIONAL | $928M |
ASSUREDPARTNERS, INC.FL · 275176829-001 | GREAT-WEST LIFE & ANNUITY INSURANCE | $878M |
BREAD FINANCIAL PAYMENTS, INC.OH · 133163498-001 | T ROWE PRICE RPS INC | $824M |
TRUSTEES OF IBEW LOCAL UNION NO.126 RETIREMENT PLANPA · 232156093-001 | MORGAN STANLEY SMITH BARNEY | $730M |
GE HEALTHCARE TECHNOLOGIES INC.IL · 882515116-004 | PLANTE & MORAN, PLLC | $714M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
CITIGROUP INC.CT · 521568099-004 | $23.2B | 121,279 | $457,102 | 4y | 1 |
MORGAN STANLEY DOMESTIC HOLDINGS, LLCNY · 208764829-003 | $22.2B | 80,789 | $563,822 | 5y | - |
TRUSTEES OF THE NATIONAL ELECTRICAL BENEFIT FUNDMD · 530181657-001 | $20.4B | 693,723 | $254,687 | 3y | - |
TRUSTEES OF THE NATIONAL ELECTRICAL ANNUITY PLANMD · 526132372-001 | $18.1B | 182,716 | $276,778 | 4y | - |
BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUNDDC · 516031295-002 | $15.0B | 311,750 | $2M | 5y | - |
AMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIESNY · 134922250-002 | $9.1B | 38,871 | $2M | 4y | - |
LOWE'S COMPANIES, INC.NC · 560578072-003 | $8.6B | 295,951 | $1M | 4y | - |
HDR, INC.NE · 470663756-007 | $7.7B | 16,282 | $231,413 | 10y | 1 |
LUMEN TECHNOLOGIES, INC.LA · 720651161-010 | $7.3B | 37,308 | $841,589 | 4y | - |
VERIZON COMMUNICATIONS INC.NJ · 232259884-016 | $5.7B | 37,982 | $312,622 | 3y | - |
Flag exposure
84.1%Market: 89.2%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (175)
Raw Schedule C names collapsed into PRINCIPAL LIFE INSURANCE COMPANY.
- PRICIPAL LIFE INSURANCE COMPANY
- PRINCEPAL LIFE INSURANCE COMPANY
- PRINCIAPL LIFE INSURANCE COMPANY
- PRINCIPA LIFE INSURANCE COMPANY
- PRINCIPA LIFE INSURANCE COMPAY
- PRINCIPAL
- PRINCIPAL BANK
- PRINCIPAL CAPITAL R/E INVESTORS
- PRINCIPAL CORE PLUS BOND
- PRINCIPAL COSTODY SOLUTIONS
- PRINCIPAL CUSTODY SERVICES
- PRINCIPAL CUSTODY SOLUTION
- PRINCIPAL CUSTODY SOLUTIONS
- PRINCIPAL DIGITAL REAL ESTATE FUND
- PRINCIPAL DIVERSIFIED REAL ASSET FU
- PRINCIPAL ENHANCED PROPERTY FD., LP
- PRINCIPAL ENHANCED PROPERTY FUND
- PRINCIPAL ENHANCED PROPERTY FUND LP
- PRINCIPAL ENHANCED PROPERTY FUND,
- PRINCIPAL ENHANCED PROPERTY FUND,LP
- PRINCIPAL FEE
- PRINCIPAL FINACIAL GROUP, INC
- PRINCIPAL FINAICIAL ADVISORS, INC.
- PRINCIPAL FINANCIAL
- PRINCIPAL FINANCIAL ADVISOR INC
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for PRINCIPAL LIFE INSURANCE COMPANY's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 230 | 3.31% | 7.76% | -4.46 pp |
| Fidelity bond gap | 218 | 3.13% | 26.94% | -23.81 pp |
| Late contributions | 1,704 | 24.49% | 1.71% | +22.78 pp |
| Failed to provide benefit | 16 | 0.23% | 0.14% | +0.09 pp |
| Corrective distributions | 1,583 | 22.75% | 1.76% | +20.99 pp |
| Loss discovered | 17 | 0.24% | 0.00% | +0.24 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with PRINCIPAL LIFE INSURANCE COMPANY. Compare to the incumbent market share (10.4%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-10.3 pp vs incumbent
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).