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THE PRINCIPAL SELECT SAVINGS PLAN 401k Plan overview

Plan NameTHE PRINCIPAL SELECT SAVINGS PLAN
Plan identification number 003

THE PRINCIPAL SELECT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PRINCIPAL FINANCIAL GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRINCIPAL FINANCIAL GROUP, INC.
Employer identification number (EIN):421520346
NAIC Classification:524140

Additional information about PRINCIPAL FINANCIAL GROUP, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1998-10-01
Company Identification Number: P98000084575
Legal Registered Office Address: 8322 SW 103 AVE.

MIAMI

33173

More information about PRINCIPAL FINANCIAL GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PRINCIPAL SELECT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01TAMMY DEHAAI PAUL FROMM2018-10-11
0032016-01-01PAUL FROMM TAMMY DEHAAI2017-10-13

Plan Statistics for THE PRINCIPAL SELECT SAVINGS PLAN

401k plan membership statisitcs for THE PRINCIPAL SELECT SAVINGS PLAN

Measure Date Value
2022: THE PRINCIPAL SELECT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0116,811
Total number of active participants reported on line 7a of the Form 55002022-01-0112,779
Number of retired or separated participants receiving benefits2022-01-0146
Number of other retired or separated participants entitled to future benefits2022-01-014,617
Total of all active and inactive participants2022-01-0117,442
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01143
Total participants2022-01-0117,585
Number of participants with account balances2022-01-0117,352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01530
2021: THE PRINCIPAL SELECT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0114,771
Total number of active participants reported on line 7a of the Form 55002021-01-0111,415
Number of retired or separated participants receiving benefits2021-01-0150
Number of other retired or separated participants entitled to future benefits2021-01-013,956
Total of all active and inactive participants2021-01-0115,421
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01109
Total participants2021-01-0115,530
Number of participants with account balances2021-01-0115,263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01490
2020: THE PRINCIPAL SELECT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0114,695
Total number of active participants reported on line 7a of the Form 55002020-01-0110,547
Number of retired or separated participants receiving benefits2020-01-0152
Number of other retired or separated participants entitled to future benefits2020-01-013,814
Total of all active and inactive participants2020-01-0114,413
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0188
Total participants2020-01-0114,501
Number of participants with account balances2020-01-0114,259
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01280
2019: THE PRINCIPAL SELECT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0114,392
Total number of active participants reported on line 7a of the Form 55002019-01-0110,398
Number of retired or separated participants receiving benefits2019-01-0158
Number of other retired or separated participants entitled to future benefits2019-01-013,825
Total of all active and inactive participants2019-01-0114,281
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0190
Total participants2019-01-0114,371
Number of participants with account balances2019-01-0114,144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01337
2018: THE PRINCIPAL SELECT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0114,453
Total number of active participants reported on line 7a of the Form 55002018-01-0110,483
Number of retired or separated participants receiving benefits2018-01-0155
Number of other retired or separated participants entitled to future benefits2018-01-013,647
Total of all active and inactive participants2018-01-0114,185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0185
Total participants2018-01-0114,270
Number of participants with account balances2018-01-0114,089
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01310
2017: THE PRINCIPAL SELECT SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0113,745
Total number of active participants reported on line 7a of the Form 55002017-01-0110,218
Number of retired or separated participants receiving benefits2017-01-0152
Number of other retired or separated participants entitled to future benefits2017-01-013,626
Total of all active and inactive participants2017-01-0113,896
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0174
Total participants2017-01-0113,970
Number of participants with account balances2017-01-0113,718
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01256
2016: THE PRINCIPAL SELECT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0113,842
Total number of active participants reported on line 7a of the Form 55002016-01-019,970
Number of retired or separated participants receiving benefits2016-01-0146
Number of other retired or separated participants entitled to future benefits2016-01-013,645
Total of all active and inactive participants2016-01-0113,661
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0174
Total participants2016-01-0113,735
Number of participants with account balances2016-01-0113,520
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01316

Financial Data on THE PRINCIPAL SELECT SAVINGS PLAN

Measure Date Value
2022 : THE PRINCIPAL SELECT SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$16,717,187
Total unrealized appreciation/depreciation of assets2022-12-31$16,717,187
Total transfer of assets to this plan2022-12-31$246,685,345
Total transfer of assets from this plan2022-12-31$4,285,629
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-389,222,673
Total loss/gain on sale of assets2022-12-31$2,558,457
Total of all expenses incurred2022-12-31$202,349,439
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$200,374,375
Expenses. Certain deemed distributions of participant loans2022-12-31$206,411
Value of total corrective distributions2022-12-31$73,203
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$249,803,510
Value of total assets at end of year2022-12-31$3,613,396,259
Value of total assets at beginning of year2022-12-31$3,962,568,655
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,695,450
Total interest from all sources2022-12-31$1,666,233
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$4,117,193
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$50,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$124,278,135
Participant contributions at end of year2022-12-31$22,119,923
Participant contributions at beginning of year2022-12-31$20,002,761
Participant contributions at beginning of year2022-12-31$229
Assets. Other investments not covered elsewhere at end of year2022-12-31$5,183,305
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$4,773,221
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$56,604,746
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$212
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$16,548
Other income not declared elsewhere2022-12-31$-2,556,313
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-591,572,112
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,613,396,259
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,962,568,655
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$2,239,321,562
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,532,885,538
Interest on participant loans2022-12-31$1,368,421
Interest earned on other investments2022-12-31$297,812
Value of interest in master investment trust accounts at end of year2022-12-31$217,363,811
Value of interest in master investment trust accounts at beginning of year2022-12-31$193,003,949
Value of interest in common/collective trusts at end of year2022-12-31$938,278,707
Value of interest in common/collective trusts at beginning of year2022-12-31$1,055,987,019
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$38,280,033
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$30,432,191
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$184,451
Net investment gain/loss from pooled separate accounts2022-12-31$-463,675,564
Net investment gain or loss from common/collective trusts2022-12-31$-183,116,400
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$148,441,740
Assets. Invements in employer securities at beginning of year2022-12-31$122,728,905
Contributions received in cash from employer2022-12-31$68,920,629
Employer contributions (assets) at end of year2022-12-31$4,390,630
Employer contributions (assets) at beginning of year2022-12-31$2,754,842
Income. Dividends from common stock2022-12-31$4,117,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$200,189,712
Contract administrator fees2022-12-31$1,695,450
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$48,664,127
Aggregate carrying amount (costs) on sale of assets2022-12-31$46,105,670
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ERNST & YOUNG, LLP
Accountancy firm EIN2022-12-31346565596
2021 : THE PRINCIPAL SELECT SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$31,944,412
Total unrealized appreciation/depreciation of assets2021-12-31$31,944,412
Total transfer of assets from this plan2021-12-31$1,022,425
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$839,849,212
Total loss/gain on sale of assets2021-12-31$10,267,999
Total of all expenses incurred2021-12-31$208,117,004
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$206,034,276
Expenses. Certain deemed distributions of participant loans2021-12-31$-1,101
Value of total corrective distributions2021-12-31$15,959
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$254,007,504
Value of total assets at end of year2021-12-31$3,962,568,655
Value of total assets at beginning of year2021-12-31$3,331,858,872
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,067,870
Total interest from all sources2021-12-31$1,445,060
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$4,398,792
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$50,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$105,976,858
Participant contributions at end of year2021-12-31$20,002,761
Participant contributions at beginning of year2021-12-31$18,885,249
Participant contributions at end of year2021-12-31$229
Participant contributions at beginning of year2021-12-31$755
Assets. Other investments not covered elsewhere at end of year2021-12-31$4,773,221
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$4,163,091
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$90,291,678
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$101
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$9,204
Other income not declared elsewhere2021-12-31$377,001
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$631,732,208
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,962,568,655
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,331,858,872
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$2,532,885,538
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,136,550,326
Interest on participant loans2021-12-31$1,224,437
Interest earned on other investments2021-12-31$220,623
Value of interest in master investment trust accounts at end of year2021-12-31$193,003,949
Value of interest in master investment trust accounts at beginning of year2021-12-31$207,055,520
Value of interest in common/collective trusts at end of year2021-12-31$1,055,987,019
Value of interest in common/collective trusts at beginning of year2021-12-31$833,940,817
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$30,432,191
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$32,281,514
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$201,968
Net investment gain/loss from pooled separate accounts2021-12-31$409,412,323
Net investment gain or loss from common/collective trusts2021-12-31$131,017,309
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$122,728,905
Assets. Invements in employer securities at beginning of year2021-12-31$96,493,917
Contributions received in cash from employer2021-12-31$57,738,968
Employer contributions (assets) at end of year2021-12-31$2,754,842
Employer contributions (assets) at beginning of year2021-12-31$2,478,479
Income. Dividends from common stock2021-12-31$4,398,792
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$205,832,207
Contract administrator fees2021-12-31$2,067,870
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$48,005,862
Aggregate carrying amount (costs) on sale of assets2021-12-31$37,737,863
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ERNST & YOUNG, LLP
Accountancy firm EIN2021-12-31346565596
2020 : THE PRINCIPAL SELECT SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$11,686,731
Total unrealized appreciation/depreciation of assets2020-12-31$11,686,731
Total transfer of assets to this plan2020-12-31$72,285
Total transfer of assets from this plan2020-12-31$2,406,742
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$581,532,340
Total loss/gain on sale of assets2020-12-31$-15,161,295
Total of all expenses incurred2020-12-31$210,982,294
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$209,323,709
Expenses. Certain deemed distributions of participant loans2020-12-31$-9,451
Value of total corrective distributions2020-12-31$39,814
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$169,455,892
Value of total assets at end of year2020-12-31$3,331,858,872
Value of total assets at beginning of year2020-12-31$2,963,643,283
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,628,222
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$1,544,763
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$4,439,022
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$0
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$50,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$94,548,943
Participant contributions at end of year2020-12-31$18,885,249
Participant contributions at beginning of year2020-12-31$19,632,765
Participant contributions at end of year2020-12-31$755
Participant contributions at beginning of year2020-12-31$1,164
Assets. Other investments not covered elsewhere at end of year2020-12-31$4,163,091
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$2,910,426
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$21,184,162
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$1,956
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$9,204
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$949,030
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$370,550,046
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,331,858,872
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,963,643,283
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in pooled separate accounts at end of year2020-12-31$2,136,550,326
Value of interest in pooled separate accounts at beginning of year2020-12-31$1,978,759,839
Interest on participant loans2020-12-31$1,201,328
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$343,435
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in master investment trust accounts at end of year2020-12-31$207,055,520
Value of interest in master investment trust accounts at beginning of year2020-12-31$129,507,326
Value of interest in common/collective trusts at end of year2020-12-31$833,940,817
Value of interest in common/collective trusts at beginning of year2020-12-31$696,680,506
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$32,281,514
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$33,025,867
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$28,077
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$0
Net investment gain/loss from pooled separate accounts2020-12-31$291,831,101
Net investment gain or loss from common/collective trusts2020-12-31$108,647,789
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$96,493,917
Assets. Invements in employer securities at beginning of year2020-12-31$100,996,238
Contributions received in cash from employer2020-12-31$53,722,787
Employer contributions (assets) at end of year2020-12-31$2,478,479
Employer contributions (assets) at beginning of year2020-12-31$2,129,152
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$4,439,022
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$209,293,676
Contract administrator fees2020-12-31$1,628,222
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$46,918,186
Aggregate carrying amount (costs) on sale of assets2020-12-31$62,079,481
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31ERNST & YOUNG, LLC
Accountancy firm EIN2020-12-31346565596
2019 : THE PRINCIPAL SELECT SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$16,072,415
Total unrealized appreciation/depreciation of assets2019-12-31$16,072,415
Total transfer of assets to this plan2019-12-31$301,051
Total transfer of assets from this plan2019-12-31$172,433
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$712,590,226
Total loss/gain on sale of assets2019-12-31$5,802,558
Total of all expenses incurred2019-12-31$196,591,359
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$194,336,425
Expenses. Certain deemed distributions of participant loans2019-12-31$134
Value of total corrective distributions2019-12-31$43,206
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$155,934,140
Value of total assets at end of year2019-12-31$2,963,643,283
Value of total assets at beginning of year2019-12-31$2,447,515,798
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,211,594
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$1,645,472
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$4,113,558
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$0
Administrative expenses professional fees incurred2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$50,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$90,344,078
Participant contributions at end of year2019-12-31$19,632,765
Participant contributions at beginning of year2019-12-31$19,685,867
Participant contributions at end of year2019-12-31$1,164
Participant contributions at beginning of year2019-12-31$0
Assets. Other investments not covered elsewhere at end of year2019-12-31$2,910,426
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$1,994,147
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$13,858,938
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$1,261
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$5,885
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$1,451,318
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$515,998,867
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,963,643,283
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,447,515,798
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$0
Value of interest in pooled separate accounts at end of year2019-12-31$1,978,759,839
Value of interest in pooled separate accounts at beginning of year2019-12-31$1,635,350,311
Interest on participant loans2019-12-31$1,247,463
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$398,009
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in master investment trust accounts at end of year2019-12-31$129,507,326
Value of interest in master investment trust accounts at beginning of year2019-12-31$115,302,378
Value of interest in common/collective trusts at end of year2019-12-31$696,680,506
Value of interest in common/collective trusts at beginning of year2019-12-31$551,800,712
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$33,025,867
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$31,392,326
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$96,407
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$0
Net investment gain/loss from pooled separate accounts2019-12-31$399,830,620
Net investment gain or loss from common/collective trusts2019-12-31$121,867,155
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$100,996,238
Assets. Invements in employer securities at beginning of year2019-12-31$89,800,606
Contributions received in cash from employer2019-12-31$51,731,124
Employer contributions (assets) at end of year2019-12-31$2,129,152
Employer contributions (assets) at beginning of year2019-12-31$2,183,566
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$4,113,558
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$194,238,757
Contract administrator fees2019-12-31$2,211,594
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$32,457,482
Aggregate carrying amount (costs) on sale of assets2019-12-31$26,654,924
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31ERNST & YOUNG, LLC
Accountancy firm EIN2019-12-31346565596
2018 : THE PRINCIPAL SELECT SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-42,167,034
Total unrealized appreciation/depreciation of assets2018-12-31$-42,167,034
Total transfer of assets to this plan2018-12-31$2,883,931
Total transfer of assets from this plan2018-12-31$7,911,154
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-33,399,767
Total loss/gain on sale of assets2018-12-31$-7,311,351
Total of all expenses incurred2018-12-31$140,307,995
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$138,149,504
Expenses. Certain deemed distributions of participant loans2018-12-31$33,930
Value of total corrective distributions2018-12-31$4,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$147,943,262
Value of total assets at end of year2018-12-31$2,447,515,798
Value of total assets at beginning of year2018-12-31$2,626,250,783
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$2,120,306
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$1,511,376
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$4,034,128
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$0
Administrative expenses professional fees incurred2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$50,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$86,935,255
Participant contributions at end of year2018-12-31$19,685,867
Participant contributions at beginning of year2018-12-31$23,291,331
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$1,000
Assets. Other investments not covered elsewhere at end of year2018-12-31$1,994,147
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$1,418,480
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$10,339,886
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$6,402
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$5,885
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$5,127
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$-244,052
Administrative expenses (other) incurred2018-12-31$0
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-173,707,762
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,447,515,798
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,626,250,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$0
Value of interest in pooled separate accounts at end of year2018-12-31$1,635,350,311
Value of interest in pooled separate accounts at beginning of year2018-12-31$2,333,946,527
Interest on participant loans2018-12-31$1,226,474
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$284,902
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in master investment trust accounts at end of year2018-12-31$115,302,378
Value of interest in master investment trust accounts at beginning of year2018-12-31$107,536,991
Value of interest in common/collective trusts at end of year2018-12-31$551,800,712
Value of interest in common/collective trusts at beginning of year2018-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$31,392,326
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$31,337,569
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$11,053
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$0
Net investment gain/loss from pooled separate accounts2018-12-31$-86,442,007
Net investment gain or loss from common/collective trusts2018-12-31$-51,923,868
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$89,800,606
Assets. Invements in employer securities at beginning of year2018-12-31$127,078,394
Contributions received in cash from employer2018-12-31$50,668,121
Employer contributions (assets) at end of year2018-12-31$2,183,566
Employer contributions (assets) at beginning of year2018-12-31$1,635,364
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$4,034,128
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$138,132,049
Contract administrator fees2018-12-31$2,120,306
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$30,787,916
Aggregate carrying amount (costs) on sale of assets2018-12-31$38,099,267
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31ERNST & YOUNG, LLC
Accountancy firm EIN2018-12-31346565596
2017 : THE PRINCIPAL SELECT SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$20,224,099
Total unrealized appreciation/depreciation of assets2017-12-31$20,224,099
Total transfer of assets to this plan2017-12-31$96,505
Total transfer of assets from this plan2017-12-31$2,673,222
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$556,779,127
Total loss/gain on sale of assets2017-12-31$4,228,278
Total of all expenses incurred2017-12-31$108,751,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$106,710,356
Expenses. Certain deemed distributions of participant loans2017-12-31$13,173
Value of total corrective distributions2017-12-31$6,225
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$143,930,334
Value of total assets at end of year2017-12-31$2,626,250,783
Value of total assets at beginning of year2017-12-31$2,180,799,680
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$2,021,553
Total income from rents2017-12-31$0
Total interest from all sources2017-12-31$1,483,730
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$3,518,766
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$0
Administrative expenses professional fees incurred2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$50,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Amount of non-exempt transactions with any party-in-interest2017-12-31$0
Contributions received from participants2017-12-31$81,908,988
Participant contributions at end of year2017-12-31$23,291,331
Participant contributions at beginning of year2017-12-31$22,493,123
Participant contributions at end of year2017-12-31$1,000
Participant contributions at beginning of year2017-12-31$236
Assets. Other investments not covered elsewhere at end of year2017-12-31$1,418,480
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$807,420
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$14,514,676
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$1,184
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$5,127
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$580
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$13,526
Administrative expenses (other) incurred2017-12-31$0
Liabilities. Value of operating payables at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$448,027,820
Value of net assets at end of year (total assets less liabilities)2017-12-31$2,626,250,783
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,180,799,680
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-12-31$0
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-12-31$0
Investment advisory and management fees2017-12-31$0
Value of interest in pooled separate accounts at end of year2017-12-31$2,333,946,527
Value of interest in pooled separate accounts at beginning of year2017-12-31$1,907,550,374
Interest on participant loans2017-12-31$1,233,198
Income. Interest from loans (other than to participants)2017-12-31$0
Interest earned on other investments2017-12-31$250,532
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in master investment trust accounts at end of year2017-12-31$107,536,991
Value of interest in master investment trust accounts at beginning of year2017-12-31$100,779,307
Value of interest in common/collective trusts at end of year2017-12-31$0
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$31,337,569
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$31,850,344
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$0
Net investment gain/loss from pooled separate accounts2017-12-31$382,092,762
Net investment gain or loss from common/collective trusts2017-12-31$0
Net gain/loss from 103.12 investment entities2017-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$127,078,394
Assets. Invements in employer securities at beginning of year2017-12-31$117,318,296
Contributions received in cash from employer2017-12-31$47,506,670
Employer contributions (assets) at end of year2017-12-31$1,635,364
Employer contributions (assets) at beginning of year2017-12-31$0
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$3,518,766
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$106,709,172
Contract administrator fees2017-12-31$2,021,553
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$41,433,740
Aggregate carrying amount (costs) on sale of assets2017-12-31$37,205,462
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31ERNST & YOUNG, LLC
Accountancy firm EIN2017-12-31346565596
2016 : THE PRINCIPAL SELECT SAVINGS PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$28,209,156
Total unrealized appreciation/depreciation of assets2016-12-31$28,209,156
Total transfer of assets to this plan2016-12-31$21,059,022
Total transfer of assets from this plan2016-12-31$1,956,649
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$324,524,877
Total loss/gain on sale of assets2016-12-31$2,252,564
Total of all expenses incurred2016-12-31$107,838,090
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$106,360,715
Expenses. Certain deemed distributions of participant loans2016-12-31$-1,101
Value of total corrective distributions2016-12-31$2,921
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$134,850,416
Value of total assets at end of year2016-12-31$2,180,799,680
Value of total assets at beginning of year2016-12-31$1,945,010,520
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,475,555
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$1,418,228
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$3,612,182
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$0
Administrative expenses professional fees incurred2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$50,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Amount of non-exempt transactions with any party-in-interest2016-12-31$0
Contributions received from participants2016-12-31$77,748,538
Participant contributions at end of year2016-12-31$22,493,123
Participant contributions at beginning of year2016-12-31$21,896,623
Participant contributions at end of year2016-12-31$236
Participant contributions at beginning of year2016-12-31$409
Assets. Other investments not covered elsewhere at end of year2016-12-31$807,420
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$12,636,879
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$1,460
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$580
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$41,668
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$166,633
Administrative expenses (other) incurred2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$216,686,787
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,180,799,680
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$1,945,010,520
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2016-12-31$0
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in pooled separate accounts at end of year2016-12-31$1,907,550,374
Value of interest in pooled separate accounts at beginning of year2016-12-31$1,723,700,371
Interest on participant loans2016-12-31$1,158,058
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$260,170
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in master investment trust accounts at end of year2016-12-31$100,779,307
Value of interest in master investment trust accounts at beginning of year2016-12-31$75,104,665
Value of interest in common/collective trusts at end of year2016-12-31$0
Value of interest in common/collective trusts at beginning of year2016-12-31$1,214,933
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$31,850,344
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$32,414,952
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$0
Net investment gain/loss from pooled separate accounts2016-12-31$153,078,554
Net investment gain or loss from common/collective trusts2016-12-31$-32,640
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$117,318,296
Assets. Invements in employer securities at beginning of year2016-12-31$90,634,768
Contributions received in cash from employer2016-12-31$44,464,999
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$2,131
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$3,612,182
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$106,359,255
Contract administrator fees2016-12-31$1,475,555
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$54,289,142
Aggregate carrying amount (costs) on sale of assets2016-12-31$52,036,578
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31ERNST & YOUNG, LLC
Accountancy firm EIN2016-12-31346565596

Form 5500 Responses for THE PRINCIPAL SELECT SAVINGS PLAN

2022: THE PRINCIPAL SELECT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE PRINCIPAL SELECT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE PRINCIPAL SELECT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE PRINCIPAL SELECT SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE PRINCIPAL SELECT SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE PRINCIPAL SELECT SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE PRINCIPAL SELECT SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered35
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered17585
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered38
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered15530
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered40
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered14501
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered43
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered14371
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered44
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered14270
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number411365
Policy instance 2
Insurance contract or identification number411365
Number of Individuals Covered46
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number366776
Policy instance 1
Insurance contract or identification number366776
Number of Individuals Covered13970
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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