Principal Financial Group Inc.

Des Moines, IA Principal Life Insurance Company

UEI
HPAFMWFDN346
CAGE
3P9T5
Primary NAICS
525110 Pension Funds
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
Entity structure
Corporate Entity (Not Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
711 High St, Des Moines, IA 50392, USA
Website
principal.com
Founded
1879
Employees
10K-50K
Estimated annual revenue
$10B+
Industry
  1. Financials
  2. Insurance
SIC code
63 Insurance Carriers

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Contract obligations

Most of Principal Financial Group Inc.'s contract dollars go to its subsidiaries: $2.65 million across 1 awardee in NAICS 5239 in FY2025.

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About the company

Principal Financial Group Inc., specifically its Principal Life Insurance Company Division, is a registered entity with the U.S. federal government, holding an active registration in SAM.gov since January 23, 2004. As a corporate entity structured for profit, Principal Financial Group Inc. provides financial services to the federal government, likely focusing on insurance and investment products. The company, headquartered in Des Moines, Iowa, is a global financial investment management leader offering retirement, insurance, and asset management solutions. With a history dating back to 1879, Principal Financial Group has grown to serve millions of customers worldwide.

Based on the limited information provided, it is challenging to specify the exact nature of goods and services Principal Financial Group Inc. has provided through past federal contract awards. However, given the company's core business, it is likely that they have offered various financial products and services to government agencies. These may include retirement plans, life insurance policies, disability insurance, and investment management services. The company's status as a registered vendor suggests that they have engaged in contractual relationships with federal agencies, potentially providing employee benefits packages, financial advisory services, or insurance coverage for government employees.

Without specific information on Principal Financial Group Inc.'s Indefinite Delivery Vehicles (IDVs), it is not possible to provide a detailed description of their federal contract IDVs. IDVs are typically used by government agencies to streamline the procurement process for repetitive needs. Given Principal Financial Group's expertise in financial services, any IDVs they hold would likely be related to providing ongoing financial products or services to various federal agencies. These could potentially include blanket purchase agreements for insurance services, multiple award schedules for financial management services, or government-wide acquisition contracts for employee benefit programs. However, without concrete data on their IDVs, this remains speculative.

Quick answers

Is Principal Financial Group Inc. registered in SAM.gov?

Yes. Principal Financial Group Inc.'s SAM.gov registration is active through April 29, 2027.

How does Principal Financial Group Inc. rank among federal contractors?

Principal Financial Group Inc. ranked #13 in NAICS 5239, #15 in NAICS 523 and #24 at the Pension Benefit Guaranty Corporation in FY2025.

On GovTribe

See Principal Financial Group Inc.'s full federal record

  • Federal contract awards
  • IDV awards
  • Funding analysis by agency, NAICS and set-aside
  • Similar vendors