The Total View - (Page 55) Fast Fact By the end of 2006, The Principal provided services to 606 ESOP plans representing more than $14 billion in assets and more than 300,000 participants. The Principal provided administrative and consulting services to more than 780 ESOPs and KSOPs. The 606 ESOP plans represented more than $14 billion in assets and more than 300,000 participants. Approximately 20 percent of the ESOP and 40 percent of the KSOP plans that Principal Financial Group provided services for had 500 or more participants. Similar to 2005, 75 percent of the total plans were ESOP plans with services provided by The Principal, 9 percent were KSOPs, and another 15 percent were considered other defined contribution plans invested in employer stock. A large majority of the ESOP plans that we provided services for were private plans and roughly 10 percent were public plans. The percent of public ESOP plans served by The Principal was slightly higher than the overall ratio in the market. The corporation type of ESOP plans served by The Principal was nearly evenly split between C-Corporations and S-Corporations, while the KSOP plans were more heavily weighted with C-Corporations. Percent of Principal KSOP Plans by plan size (# of participants) 60% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 50% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 46% 40% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 32% 30% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 20% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 13% 9% 10% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 0% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 1,000+ 500-999 50-499 0-49 Approximately 20% of ESOPs and more than 40% of KSOPs served by The Principal covered plans with 500 or more participants. Percent of Principal ESOP Plans by plan size (# of participants) 58% 60% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 50% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 40% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 30% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 22% 20% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 11% 9% 10% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 0% –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 1,000+ 500-999 50-499 0-49 55
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