Retirement expertise for health care organizations
Building powerful retirement plans tailored to the financial needs of the health care industry
See how data can drive decisions
Retirement plan design consulting for health care organizations
Using ownership structure and tax status to design a retirement plan that helps all health care workers.
Discover moreHealth care retirement plans are the heart of our business1
- Serving nearly 5,000 health care plans
- 1.5 million participants
- Over $45 billion in managed assets
- Over 300 hospital plan sponsors
- SOC2 aligned with HIPAA
You want what’s best for your team members—including a better retirement.
Health care workers are in unprecedented demand. Team members often find themselves juggling exhausting schedules, dealing with mental stress, student loan debt, and other financial commitments and personal obligations—all while trying to stay healthy.
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No-cost tools you can use with confidence and confidentiality.
We offer a host of award-winning planning tools and resources to help get your team members on the path to financial wellness. Don’t just take our word for it, click on each tile to demo the experience.
Participant onboarding
The simple and quick way for team members to enroll in their retirement plan and get started on saving.
Legal document support
Shows how to prepare documents such as a will and health care power of attorney—all at no additional cost.
Principal® mobile app
Streamlined for on-the-go account management and to keep track of progress (also available in Spanish).
Participant webinar series
Award-winning webinar series that presents foundational financial knowledge on a variety of topics participants want to learn more about.3
Financial wellness resources
Unbiased financial education and student loan repayment program (through partnership with Enrich and SoFi).
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Let us help you build a robust retirement offering.
Today’s times have redefined the Health Care industry and brought new challenges—increased legislative regulations, privacy concerns and other cyber security threats, mergers and acquisitions, attracting and retaining team members, and much more.
We can help solve your plan administration challenges with scale and simplicity.
In addition, we built Principal Custody Solutions. With nearly $1 trillion dollars under custody, we know what it takes to put your institutional trust and custody needs front and center.4
Defined benefit plan service provider5
Nonqualified plan service provider6
ESOP service provider7
Pension risk transfer provider9
Defined contribution service provider8
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Customer-first technology
Our modern, agile approach allows us to better serve businesses and participants by delivering hyper-personalized experiences. An unwavering emphasis on cybersecurity roots every decision.
See our visionComprehensive business solutions
Employee retirement plans
Stay competitive with key retirement benefits, like 401(k) and 403(b) plans, deferred compensation, and more solutions that help attract high-quality employees—and keep them.