Principal Financial Group

Firm Profile

Principal helps people and companies around the world to build, protect and advance their financial well-being with our retirement, insurance and asset management expertise. With innovative ideas and real-life solutions, we make financial progress possible for clients of all income and portfolio sizes. A member of the FORTUNE 500®, the Principal Financial Group has $572.2 billion in assets under management and offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG.

SALES CONTACTS
Doug Grove – 630-705-0665
Jacque Mohs – 515-247-4514

PRIMARY MARKETS SERVED
Micro – (< $1 million) Small - ($1 million - $10 million) Mid - ($10 million - $100 million) Large - ($100 million - $250 million) Mega - (>$250 million)

# OF PLANS/PARTICIPANTS SERVED BY TYPE
As of 06/30/16
401(k): 30,561/3,677,396
403(b): 1,850/423,509
Money Purchase: 815/70,380
457: 1,008/24,152
NQDC: 2,912/59,696
Defined Benefit: 7,065/502,895
Cash Balance: 61/39,646
Other: 2,351/256,260

ASSET ALLOCATION FUNDS
TDF: Principal LifeTime Portfolios, Principal Trust Target Date Funds*; other
options are also available through open architecture
TD Risk: Principal Strategic Asset Management (SAM) Portfolios; other
options are also available through open architecture
*Effective 1/1/2017, Principal Trust Target Date Funds name changed to
Principal LifeTime Hybrid Collective Investment Funds (CITs)

PLANS BY CHANNEL (Direct/Advisor): 0/46,623
Platforms Used: Proprietary recordkeeping platform

ADVISOR SUPPORT SERVICES
External wholesalers focused on advisors – 105
External wholesalers focused on institutional – 41
Internal wholesalers focused on advisors – 62
Internal wholesalers focused on institutional – 24

Compliance support, plan benchmarking, target-date evaluation tools,
training for DC plan sales/service, investment committee meetings, practice
management and prospecting resources available at www.principal.com/valueadd

Principal Whitepapers:
Fiduciary FAQs
What you need to know about selecting a 401(k) plan provider.

Business Metrics

  • Retirement AUM: $174.3 billion
  • DC AUM: $143.3 billion
  • DC Plans UM: 33,315
  • Retirement Plans UM: 40,658
  • DC Participants UM: 3.7 million
  • Retirement Plans UM: 4.3 million

Asset Allocation Funds

  • TDF: Principal LifeTime Portfolios, Principal Trust Target Date Funds; a variety of outside options are also available
  • TD Risk: Principal Strategic Asset Management (SAM) Portfolios; a variety of outside options are also available
  • Custom Glide Path?: No
  • Service Model(s): Bundled, Unbundled
  • Distribution Model: Advisor

Primary Markets Served:

  • Micro (<$1 million): Yes
  • Small ($1-10 million): Yes
  • Mid ($10-100 million): Yes
  • Large ($100-250 million): Yes
  • Mega (>$250 million): Yes

Plan Types

  • DC: Yes
  • DB: Yes
  • Non-ERISA 403(b): Yes
  • 457: Yes
  • Taft-Hartley: Yes
  • Non-Qualified: Yes
  • IRA: Yes

Fiduciary Services Offered

  • 3(21): Yes
  • 3(38): Yes
  • 3(16): No

Key Contacts

Sales: Doug Grove 630-705-0665

Service: Jacque Mohs 515-247-4514

Website: principal.com