Close Close
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Principal Adds E-ESOP Communications Tool

X
Your article was successfully shared with the contacts you provided.

A retirement plan services company has developed a Web-based administration service for privately held employee stock ownership plans.

Principal Financial Group Inc., Des Moines, Iowa, says its new Principal e-Distribution Services system can identify ESOP participants who are eligible distributions, send out eligibility notices, cut checks, generate tax reports and send election reports to plan sponsors.


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.