NU Online News Service, Aug. 7, 2003, 3:13 p.m. EDT – Principal Financial Group Inc., Des Moines, Iowa, will be offering 401(k) plan sponsors a “total retirement statement” that combines updates on defined contribution plans, defined benefit plans, non-qualified plans and employee stock ownership plans.

The statement can include information about plans run by outside vendors as well as plans run by Principal, Principal says.

The statement uses graphs and bar charts to illustrate estimated monthly retirement benefits.

The statement also can identify gaps and potential shortfalls in a plan participant’s retirement savings, Principal says.