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Principal Selling 401(k) Plans Through TPAs

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NU Online News Service, Sept. 20, 11:05 a.m. – The Principal Financial Group, Des Moines, Iowa, says it will be working with third-party benefits plan administrators to sell 401(k) plans.

The new Principal Professional Link program will handle recordkeeping and investment management services but leave the third-party administrators in charge of plan design, compliance and client relationships.