Principal Group Earns Top Ranking for Plan Sponsor Website
DES MOINES, IA, December 29, 2008 -- The nation's leading financial-services market research firm gave high marks to the Principal Financial Group(R) in its inaugural review of defined contribution plan sponsor and participant Websites. The rankings are part of DALBAR's third quarter 2008 WebMonitor Rankings and Trending report.
DALBAR, Inc., ranked The Principal(R) defined contribution plan sponsor site as the No. 1 plan sponsor site. It ranked The Principal defined contribution plan participant site No. 3. According to DALBAR, the strength of the sites' ratings is due to the quality and range of capabilities provided to plan sponsors and the effectiveness with which plan administrators and participants can perform activities online.
"Our overarching goal is to be easy to do business with," said Susie Thomann, vice president and CIO, retirement and investor services at The Principal. "We apply what we learn through customer feedback and focus groups to create the best experience possible. We're honored to be so highly ranked by DALBAR."
The Principal received recognition for its easy to use online account monitoring functions and investment tools. The company was also recognized for thorough regulatory information and accessible plan reference materials to help sponsors understand and feel confident in their defined contribution retirement plans.
About DALBAR
DALBAR, Inc., the nation's leading financial-services market research firm, is committed to raising the standards of excellence in the financial-services industry. With offices in both the United States and Canada, DALBAR develops standards for - and provides research, ratings and rankings of intangible factors to - the mutual fund, broker/dealer, discount brokerage, life insurance and banking industries. They include investor behavior, customer satisfaction, service quality, communications, Internet services and financial-professional ratings. For more information, visit www.dalbar.com.
About the Principal Financial Group
The Principal Financial Group(R) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $287.4 billion in assets under management and serves some 19.0 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
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