Principal Bank
Des Moines, IA Doing business as Principal Edge Network - San Antonio LLC Part of Principal Financial Group Inc.
- UEI
- EG65HULKM2L4
- CAGE
- 8WBZ4
- Primary NAICS
- 522110 Commercial Banking
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
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Its parent company, Principal Financial Group Inc., ranks:
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Corporate family
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Parent
Principal Financial Group Inc. · Des Moines, IA
HPAFMWFDN346
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Parent
Principal Financial Group Inc. · Des Moines, IA
HPAFMWFDN346
- SAM.gov registration date
- Physical address
- 711 High St, Des Moines, IA 50392, USA
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $0 |
| FY2025 | -$199,000 |
| FY2024 | -$241,000 |
| FY2023 | -$41,000 |
Contract awards
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About the company
Principal Bank, doing business as Principal Edge Network - San Antonio LLC, a subsidiary of Principal Financial Group Inc., holds seven prime delivery-order awards from the Securities and Exchange Commission for supplemental retirement program administration, totaling $6.2 million in combined potential value across a ten-year award window. The vendor operates as a for-profit corporate entity under PSC Support-Management: Banking and NAICS Commercial Banking, with no set-aside designations across its federal footprint and no subcontract work.
All seven awards fund SEC employee retirement benefits programs. The four most recent delivery orders carry ceiling values of $500 each (July 2026), $500 (July 2025), $200 thousand (July 2023), and $241 thousand (July 2022), with performance executed from Principal Financial Group's headquarters in Des Moines, Iowa and the SEC's Washington, D.C. location. Five of the seven awards flow through a single indefinite delivery contract vehicle (IDC 50310220D0001), which carries $1 thousand in combined obligated dollars across all task orders — a signal of minimal invoiced activity to date against nominal ceiling values. The source reflects $1 thousand in total obligated dollars across the entire $6.2 million potential-value portfolio, indicating these are standing supplemental retirement program delivery orders with minimal annual utilization.
Customer concentration is absolute — the SEC is the sole agency served across the full award history. Activity remains episodic, with one award per year in 2022, 2023, 2025, and 2026, and two awards in 2020. Only one award ($500 potential value) reaches ultimate completion within the next twenty-four months. Principal Bank's federal footprint is narrow and specialized: recurring administration of employee retirement benefit programs for a single civilian agency with no competition or subcontractor leverage.
Quick answers
Is Principal Bank registered in SAM.gov?
Yes. Principal Bank's SAM.gov registration is active through July 10, 2027.
What is Principal Bank's CAGE code?
Principal Bank's CAGE code is 8WBZ4, and its Unique Entity ID (UEI) is EG65HULKM2L4.
How does Principal Bank rank among federal contractors?
Principal Bank's parent company, Principal Financial Group Inc., ranked #13 in NAICS 5239, #15 in NAICS 523 and #24 at the Pension Benefit Guaranty Corporation in FY2025.
What is Principal Bank's most recent federal award?
Principal Bank's most recent federal contract award is Supplemental retirement program principal (50310226F0068), from Securities and Exchange Commission, on July 22, 2026.
On GovTribe
See Principal Bank's full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors