BenefitsLedger
Insurance carrier · Plan year 2024 · Form 5500 Schedule A

Principal Life Insurance Company

Principal Life Insurance Company appeared on 3,281 contracts at 3,151 employer health plans in plan year 2024 filings, with $2.2M in earned premium, ranking #242 of 1,452 carriers. Its medical contracts covered 4,672 people. Employers reported broker commissions and fees of $76M on those contracts, 3519.0% of premium.

Premium
$2.2M
$0 medical
Employers
3,151
3,281 contracts
People covered
4,672
medical contracts, year end
Broker pay
3519.0%
$76M · U.S. median 3.8%

Coverage lines on its contracts: life (2,573), dental (2,140), vision (2,071), long-term disability (1,748), short-term disability (1,699), PPO (1,349).

Where it writes the most

Medical premium by employer state.

Largest clients

Employer plans reporting the most premium with this carrier.

EmployerPremiumParticipants
Gaughan South LLC · Nevada$1,182,0972,275
Guardian Recovery Network Holdings · Florida$371,074488
New York Psychotherapy and Counseling Center · New York$254,774615
Bartow Ford Company · Florida$172,568320
English Gardens Group Inc · Michigan$158,819344
Kendrick, Inc. · Iowa$11,402146
Youth Co-Op, Inc. · Florida$6,110284
Zylo, Inc · Indiana$0116
Zoological Society of San Diego · California$0847
Zone & Company Software Consulting, LLC · Massachusetts$0146
Zinus, Inc. · California$0154
Zink Holdings, LLC · North Carolina$0117
Zidian Management Corp. dba the Zidian Group · Ohio$0211
Zia Enterprises, Inc. · Arizona$0169
Zempleo, Inc. · California$0146
Zehnders of Frankenmuth · Michigan$0201
Zealth, Inc. dba Notable · California$0225
Zander Solutions, LLC · Wisconsin$0120
Zak Designs, Inc. · Washington$0129
Zadig & Voltaire · New York$0132
YWCA of Lubbock · Texas$0129
Yushiro Manufacturing America, Inc. · Indiana$0136
Youngstown Orthopaedic Associates, LTD. · Ohio$0118
Young Truck Sales, Inc. · Ohio$0276
Young Supply Company, Inc. · Michigan$0194

Filed under 7 spellings, including Principal Life Insurance Company; Principal Life Insurance Co.; Principal Life Insurance; Principal Life; Principal Life Insurance Compan; Principal Life Insurance Insurance Company; and others; this page adds them together.

Source: DOL Form 5500 Schedule A, plan year 2024; built October 24, 2026. One insurer's filed spellings (for example "Blue Cross Blue Shield", "BlueCross BlueShield" and "Blue Cross and Blue Shield" of the same state) are grouped on one page; different state plans stay separate.

How many employer health plans does Principal Life Insurance Company insure?

Principal Life Insurance Company was named on 3,281 insurance contracts at 3,151 employers with 100 or more participants in plan year 2024 filings, with $2,156,844 in earned premium and 4,672 people covered on medical contracts.

How much do brokers earn on Principal Life Insurance Company contracts?

Employers reported $75,899,737 in broker commissions and fees on Principal Life Insurance Company contracts, 3519.0% of premium. The all-carrier median on fully insured medical plans is 3.8%.

Where is Principal Life Insurance Company strongest?

By medical premium, its largest states are Indiana, Florida, Arizona.

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A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.