Retirement Plans (NQDC)
As a leading provider of nonqualified deferred compensation plans*, you can trust our administrative services to lead the way. Exceptional service for plan sponsors and their participants is a critical part of a successful benefit program. Our administrative services platform reflects the value and commitment your clients are investing in this benefit.
*Based on total number of NQDC plans, PLANSPONSOR 2015 NQDC Buyer's Guide.
We work with thousands of employers of all industries, sizes and types to deliver administrative services that address their specific needs. Whether setting up a new plan or maximizing the benefits of an existing plan, we deliver specialized support.
- Commitment and experience – Having focused on this market for decades, we’ve grown to address a broad base of clients. We have consistently invested in the people, technology and knowledge to serve the evolving needs of employers, key employees and financial professionals.
- Service and relationships – Our comprehensive service model includes systems, features and tools that exceed industry standards. Our people are committed to ensuring your plan delivers and you, your clients and their financial advisors will benefit from these relationships.
Refer to the Deferred Compensation Capabilities Brochure for additional details.
The Principal offers numerous core and optional services for plan sponsors and participants.
- Plan Participant Services - Our online services include plan and investment information and services to assist with benefit management. And, our educational and communication strategies can help reinforce plan value as well as increase awareness and participation.
- Plan Sponsor Services – Our services include plan transition resources, online access to plan and investment information and services as well as reporting and enrollment communications. View details about our quality assurance in our SSAE 16 SOC 1 Report (BB10074).
- Focused Investment Management – Underlying our taxable investment and corporate-owned life insurance financing options is a focused investment management strategy that helps deliver value and flexibility to your clients’ plans. The Principal uses a variety of rigorous and disciplined processes to offer quality investment options from various well-known investment managers across asset classes and investment styles. View our Financing and Investment Capabilities Brochure (BB9784) for more information.
- Rabbi Trust Distribution Services – Principal Trust CompanySM can administer your rabbi trust (TR714), giving you the option of outsourcing your plan participant distributions.
View complete details about our services in our Deferred Compensation Capabilities Brochure (BB9406).
View plan activity information on your NQDC plans (login required).