Principal Securities Inc
Des Moines, IA
Principal Securities Inc of Des Moines, IA is the broker of record on 338 Form 5500 Schedule A filings covering 190 employer benefit plans across 36 states, with $3,209,145 in reported broker commissions (plan year 2025).
Quick answer
Principal Securities Inc (Des Moines, IA) is the broker of record for 190 employer benefit plan sponsors on 338 Form 5500 Schedule A filings, plan year 2025.
- How many employer clients does Principal Securities Inc have?
- Principal Securities Inc is named as broker on Form 5500 Schedule A filings for 190 distinct plan sponsors in 36 states.
- Who are Principal Securities Inc's largest employer clients?
- By plan participants, the largest include Futureplan Fiduciary Services, LLC (196,164 participants), Principal Life Insurance Company (161,040 participants) and Memorial Motors, Inc. (3,692 participants).
- How much does Principal Securities Inc earn in commissions?
- Insurers reported $3.2 million in broker commissions and $10,115 in fees paid to Principal Securities Inc for plan year 2025, per Schedule A Part 1.
- Where is Principal Securities Inc located?
- Principal Securities Inc is based in Des Moines, IA and has employer clients in 36 states.
- How does Principal Securities Inc rank among benefits brokers in Iowa?
- Principal Securities Inc ranks #5 by employer clients among the 50 most active benefits brokers based in Iowa.
Source: Fundz verified event record.
Employer clients
Plan sponsors naming Principal Securities Inc on a Form 5500 Schedule A, largest first. Sponsor name, state, participant count and plan year end come directly from the filing.
| Employer | State | Participants | Plan year end |
|---|---|---|---|
| Futureplan Fiduciary Services, LLC | MA | 196,164 | 2025-12-31 |
| Principal Life Insurance Company | IA | 161,040 | 2024-12-31 |
| Memorial Motors, Inc. | FL | 3,692 | 2025-12-31 |
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Form 5500 Schedule A Part 1 (broker of record), 2024 to 2025 plan years. Source: U.S. Department of Labor EFAST2. Commission and fee figures are as reported by the plan's insurer on Schedule A Part 1 and are not adjusted.