Principal Financial Group Employee Benefit: 401K Plan | Glassdoor

Principal Financial Group 401K Plan

46 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 16
  • Nov 03, 2018
    StarStarStarStarStar Current Process Specialist in Des Moines, Iowa

    Company match. You can choose how much you wish to contribute to your plan

  • Jul 07, 2017
    StarStarStarStarStar Current R in Emeryville, California

    Awesome Match of 75% up to 8% with Roth 401(k) option so essentially a 6% match if you defer 8% of salary. Being a fund company and retirement plan provider means great investment options within your 401(k)

  • Jun 12, 2017
    StarStarStarStarStar Current Financial Services Representative in Miami, Florida

    Good plan with low fees and they have a 75% match up to 8%, which means they are going to give you 6% if you contribute at least 8%.

  • Mar 23, 2017
    StarStarStarStarStar Current IT Applications Analyst in Des Moines, Iowa

    They actually still have a pension plan aside from the 401k where they have a good match.

  • Mar 19, 2017
    StarStarStarStarStar Current Analyst in Des Moines, Iowa

    Could not be a more deceitful plan. Possibly legal but not ETHICAL. Due to a employee class action settlement PFG was banned from offering their own products to employees, due to inflated expense fee's in the investment. It was some how then approved that PFG can now charge a management fee to replace the lost profit that pfg was not legally acquiring previously.

  • Mar 11, 2017
    StarStarStarStarStar Current Sr Client Service Associate in Cedar Falls, Iowa

    Excellent Match and vesting schedule

  • Aug 18, 2016
    StarStarStarStarStar Current Employee in Des Moines, Iowa

    They match up to 75%

  • May 09, 2016
    StarStarStarStarStar Current Claims Analyst in Des Moines, Iowa

    match up to 8%

  • May 08, 2016
    StarStarStarStarStar Current Employee in Des Moines, Iowa

    Love the plan! Full company match is a must.

  • Mar 26, 2016
    StarStarStarStarStar Former Analyst in Des Moines, Iowa

    Principals has many loopholes in the 401K plan. Loopholes for not matching, loopholes on trades. Principal has been under ERISA investigation with settlement admitting no wrongdoing settlements.

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