Principal Financial Group Inc., a leader in pooled retirement plan offerings, has successfully transitioned the administrative responsibilities for its largest Pooled Employer Plan $(PEP)$, Principal® EASE, to FuturePlan. This strategic move is designed to enhance Principal's recordkeeping and investment capabilities by leveraging FuturePlan's fiduciary and administrative expertise. Effective from July 1, FuturePlan will serve as the pooled plan provider, 3(16) plan administrator, and third-party administrator for Principal® EASE, allowing Principal to focus on building customer-centric capabilities and investment offerings. This collaboration aims to optimize the service experience for customers through the combined expertise of both firms and is part of Principal's commitment to adapting its services to meet the evolving needs of small- and mid-sized businesses.
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