Assessing Retirement Plan Value - 3
1.68%
0.67%
1.27%
27%
2%
7%
%
0.36%
1.68%
1.61%
7%
1.23%
0.21%
1.17%
27%
1.2 %1.61%
1.68%
0.58%
0.87%
1.2 %27%
NUMBER
>MORE THAN A
2.27%0.83% 0.78%
1.27%
0.21%
1.68%
1.27%
0.21%
0.47%
1.68%
1.68% 0.68%
0.87%
1.68%
1.27%
0.58%
1.68%
0.27%
2.27%
07
0.230%8%.58%
0.58%
2.27%
0.27%
0.78%
0.78%
1.68%
0.58%
0.72%
0.78%
0.58%
1.27%
1.68%
1.27%
1.68%
1.27%
1.68%
1.68% 0.83%
1.68%
2.27%
2.13%
1.68%
0.32%
2.27%
2.13%
2.13%
Reviewing Plan Services
CERTAIN SERVICES ARE NECESSARY TO RUN A SUCCESSFUL RETIREMENT PROGRAM
Some of the basic services include:
WHAT DOES IT MEAN?
UNDERSTANDING
RETIREMENT PLAN COSTS
• Ongoing recordkeeping and administration of the plan
• Investment management
• Participant education services
• Consulting and advisory services
• Government reporting and testing services
• Legal and audit services
REVIEWING PLAN SERVICES
NAVIGATING
COST CONSIDERATIONS
EVALUATING
REASONABLENESS
ADDRESSING
PARTICIPANT QUESTIONS
GLOSSARY OF TERMS
Within these basic service categories are many specific
services that may be offered or required for your plan.
For example:
• Recordkeeping and administration services may
include items such as contribution allocation assistance,
tracking beneficiary records, maintaining vesting records,
distribution processing, and plan sponsor website access.
• Participant education services may include things like
enrollment meetings, communication materials, website
access for participants, and call center capabilities.
• Government reporting and testing services may
include Form 5500 preparation and filing, annual audit
support, and compliance testing.
These are just some of the services that may be required for
a retirement plan. Additional services may be needed and
are based on the unique needs of your plan.
Request a complete listing of services from each service
provider that you engage for your retirement plan. This
may be in the form of a service agreement, or some other
disclosure they have provided to you. Make sure you
understand all services provided and what benefit they
represent to your retirement plan.
0.27%
RETIREMENT PLAN VALUE
If you already receive retirement plan services from
The Principal®
, visit the Your Services section of the
secure website at principal.com for a complete listing
and description of services your plan is using, as well
as services that may be available to your plan that
you have not yet elected to use.
408(b)(2) DISCLOSURE
CHECKLIST
TOOLS & RESOURCES
> BACK TO HOME
MORE THAN A NUMBER • REVIEWING PLAN SERVICES | 3
Assessing Retirement Plan Value
Table of Contents for the Digital Edition of Assessing Retirement Plan Value
Assessing Retirement Plan Value - Cover
Assessing Retirement Plan Value - 1
Assessing Retirement Plan Value - 1a
Assessing Retirement Plan Value - 1b
Assessing Retirement Plan Value - 1c
Assessing Retirement Plan Value - 2
Assessing Retirement Plan Value - 2a
Assessing Retirement Plan Value - 2b
Assessing Retirement Plan Value - 2c
Assessing Retirement Plan Value - 2d
Assessing Retirement Plan Value - 2e
Assessing Retirement Plan Value - 3
Assessing Retirement Plan Value - 4
Assessing Retirement Plan Value - 5
Assessing Retirement Plan Value - 6
Assessing Retirement Plan Value - 7
Assessing Retirement Plan Value - 8
Assessing Retirement Plan Value - 8a
Assessing Retirement Plan Value - 8b
Assessing Retirement Plan Value - 9
Assessing Retirement Plan Value - 10
Assessing Retirement Plan Value - 11
Assessing Retirement Plan Value - 12
Assessing Retirement Plan Value - 13
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