Employee benefits and retirement plan solutions Small business employee benefits

Small business employee benefits

Less than 500 employees

Small business

When you’re a growing business, you have unique challenges. Principal® has trusted solutions.

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Research and insights

Insights on top business issues and themes currently impacting small and midsize businesses (SMBs) and employees.

Principal® Business Owner Insights (annual)

How do your priorities and actions around protecting your business, your employees, and yourself compare to other business owners this year?

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Principal® SMB Sentiment Insights (quarterly)

What are other SMBs and employees like yours thinking about the topics impacting today’s workplace?

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Helpful tips and ideas for your business

    Attracting & retaining my workforce
    Supporting my employees
    Protecting my business
    Growing my business
    Benefit best practices

    Tools to help you and your growing business

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    Compare your benefits

    Get a quick look at what organizations of your size, industry, and region offer for benefits.

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    Answer just a few questions to get free, tailored strategies to safeguard your business, employees, and personal lifestyle.

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    Our nationwide network can help you design employee benefits and protection plans made for you and your business.

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    Comprehensive business solutions

    Employee retirement plans

    Plans that help you stay competitive to attract—and retain—high-quality employees.

    Group insurance

    Flexible insurance solutions can be tailored for your budget and your employees’ needs.

    Business and owner protection

    Safeguard your business and yourself from both planned and unplanned events.

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    June 11, 2024

    Summer economic outlook for small and midsize businesses

    Learn from a diverse panel of visionary leaders, small business owners and champions about the current and future economic and employment trends they expect to impact small and mid-size businesses (SMBs) this summer and beyond.

    Panelists:

    Brian Moran, Founder and CEO, Small Business Edge
    Geoff Foster, CEO and President, Core Technology Molding Company
    Jill Johnson, Co-founder and CEO, Institute for Entrepreneurial Leadership
    Andrew Sherman, Partner, Brown Rudnick
    Kara Hoogensen, Senior Vice President of Benefits and Protection

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    Expertise you can trust

    No. 2 provider of total group benefits (dental, life, and disability) insurance2

    No. 1 provider of employee stock ownership plans (ESOP)3

    144,000+ total Principal small and midsize business customers4

    Guides on trending issues

    Get free step-by-step guides informed by Principal expertise and the experiences of employers like you.


    1. 2024 Principal Sentiment survey of small and midsize non-employer customers (257) and employees (260) conducted between January 22 and February 14, 2024.

    2. Determined by fully insured employer groups in-force. Based on participants in LIMRA’s 4th Quarter 2021 U.S. Workplace Benefits Life Insurance, Disability Insurance, Dental and Vision Plans and Supplemental In-force surveys. (April 2022)

    3. Based on the number of plans, PLANSPONSOR 2023 Defined Contribution Recordkeeping Survey, July 2023.

    4. Principal SMB Segmentation Market Overview Dashboard, data as of 4Q22. (Note: There is some overlap in counts where clients have multiple products across lines of business)

    70% of business owners agree that benefits improve employee productivity, 2024 Business Owner Insights.

    75% of employees want more benefits--retirement benefits are number one, SMB Sentiment 2024 Sprint 1.