Providers › Other services
Service provider · Schedule C, plan year 2024
Principal Securities Inc.
Most often reported for other services
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 218 retirement plans with 100 or more participants reported paying Principal Securities Inc. $5,000 or more. Those plans cover 272,090 participant records, and the service most often reported is other services.
Reported compensation from those plans, direct and indirect, totalled $5.7M. Per plan, the median was $60.56 per participant, with the middle half of plans between $26.67 and $115. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Iowa (30), Minnesota (25) and Michigan (24).
In 2010 it appeared on 21 such filings; in 2024, 224. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $26.67 | $60.56 | $115 |
| Compensation as a share of plan net assets | 0.06% | 0.15% | 0.23% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Principal Ease 401(k) Plan | Principal Life Insurance Company | IA | 163,954 | $651M | $211K |
| Meritage Hospitality Group 401(k) | Meritage Hospitality Group | MI | 11,055 | $6.9M | $16K |
| Fusion Medical Staffing LLC 401(k) Plan | Fusion Medical Staffing LLC | NE | 4,182 | $77.5M | $59K |
| Doherty Auto Group 401(k) Plan | Memorial Motors, Inc. | FL | 3,313 | $25.1M | $45K |
| Wright Service Corp. 401(k) Retirement Plan | Wright Service Corp. | IA | 3,300 | $86.6M | $105K |
| Greenway Automotive Group 401(k) Plan | Greenway Ford, Inc. | FL | 2,526 | $42.2M | $0 |
| New Era 401(k) Plan | New Era Technology, Inc. | PA | 2,282 | $157M | $103K |
| Marcone Appliance Parts Center 401(k) Profit Sharing Plan | Marcone Appliance Parts Co. | MO | 2,180 | $99.5M | $60K |
| Encore Enterprises, Inc. 401(k) Profit Sharing Plan | Encore Enterprises, Inc. | TX | 1,805 | $8.0M | $20K |
| Alltech Savings & Retirement Plan | Alltech, Inc. | KY | 1,771 | $208M | $77K |
| Altapointe Healthcare Management 403(b) Plan | Altapointe Healthcare Management, LLC | AL | 1,573 | $16.2M | $5,547 |
| Acro Service Corp. 401(k) Plan | Acro Service Corp. | MI | 1,524 | $13.6M | $24K |
| Upward Projects 401(k) Plan | Upward Projects | AZ | 1,366 | $4.7M | $13K |
| 3401 Hoteliers, L.P. Profit Sharing Plan | 3401 Hoteliers, L.P. | TX | 1,366 | $2.1M | $169 |
| Litehouse, Inc. Employees' 401(k) Profit Sharing Plan | Litehouse, Inc. | ID | 1,282 | $53.4M | $75K |
| C&B Operations, LLC Retirement Savings Plan | C&B Operations, LLC | SD | 1,188 | $68.9M | $137K |
| Fort Healthcare, Inc. Savings Plan | Fort Healthcare, Inc. | WI | 1,107 | $129M | $400 |
| Century Fire Protection 401(k) Plan | Century Fire Protection, LLC | GA | 1,021 | $21.0M | $24K |
| Landus 401(k) Plan | Landus Cooperative | IA | 987 | $80.4M | $196K |
| Sukup Manufacturing Company 401(k) Profit Sharing Plan | Sukup Manufacturing Co. | IA | 973 | $85.2M | $39K |
| Open Systems International 401(k) Plan | Open Systems International, Inc. | MN | 940 | $74.6M | $149K |
| Celebration Restaurant Group 401(k) Plan | Celebration Restaurant Group LLC | FL | 930 | $2.5M | $565 |
| Clarke Power Services, Inc. Employee Retirement Savings Plan | Clarke Power Services, Inc. | OH | 917 | $94.6M | $32K |
| Presbyterian Seniorcare Defined Contribution Plan | Presbyterian Seniorcare | PA | 895 | $22.2M | $7,207 |
| Hilde Companies Profit Sharing and 401(k) Savings Plan | Satellite Industries, Inc. | MN | 865 | $91.9M | $83K |
| Henry 401(k) Plan | Henry Rac Holding Corp. | WI | 862 | $9.2M | $25K |
| Ovation Holdings 401(k) Retirement Plan | Ovation Holdings | IA | 861 | $45.3M | $106K |
| Wise US, Inc. 401(k) Plan | Wise US, Inc. | FL | 842 | $14.8M | $39K |
| Anomatic Corporation Employee Retirement Savings Plan | Anomatic Corporation | OH | 835 | $20.9M | $15K |
| Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan | Maplewood Motors, LLC | MN | 815 | $49.3M | $43K |
| Ball Healthcare Services, Inc. 401(k) Retirement Plan | Ball Healthcare Services, Inc. | AL | 799 | $18.4M | $3,984 |
| The Blake Foundation 403(b) Plan | Easterseals Blake Foundation | AZ | 789 | $9.2M | $34K |
| Orion Associates/meridian Services, Inc. 401(k) Retirement Plan | Orion Associates/meridian Services, Inc. | MN | 782 | $14.1M | $412 |
| Lynch Companies 401(k) Savings Plan | LDV, Inc. | WI | 778 | $80.0M | $49K |
| Tui USA 401(k) Plan | Intercruises Shoreside & Port Services, Inc. | FL | 742 | $5.5M | $18K |
| Morgan Corp. 401(k) Profit Sharing Plan | Morgan Corp. | SC | 698 | $28.5M | $6,229 |
| Dynamic Aviation Group, Inc. 401(k) Profit Sharing Plan | Dynamic Aviation Group, Inc. | VA | 691 | $44.8M | $74K |
| FBG Service 401(k) Retirement Plan | FBG Service Corporation | NE | 658 | $9.6M | $22K |
| The Caspers Company 401(k) Plan | JTS Enterprises of Tampa, Limited | FL | 656 | $10.1M | $7,137 |
| Betterup, Inc. Retirement Plan | Betterup, Inc. | TX | 654 | $31.2M | $5,794 |
Questions and answers
How many plans does Principal Securities Inc. serve?
218 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Principal Securities Inc.?
The median plan reported $60.56 per participant in direct and indirect compensation (217 plans reporting an amount), or 0.15% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Other services (152 plans), Investment advisory (plan) (52 plans), Investment advisory (participants) (4 plans) and Recordkeeping and information management (2 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.