信安金融 2025年度报告

FORM11-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscalyear ended:December31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION15(d)OF THE SECURITIES EXCHANGE ACT OF1934For the transition period fromto The Principal Select Savings Plan(Full title of the plan) Principal Financial Group,Inc.(Name of Issuer of the securities held pursuant to the plan)711 High StreetDes Moines, Iowa 50392(Address of principal executive offices) (Zip Code) Ernst & Young LLPSuite 3100801 Grand AvenueDes Moines, IA 50309-2764 Tel: +1 515 243 2727ey.com Report of Independent Registered Public Accounting Firm To the Plan Participants and the Plan Administrator of The Principal Select Savings Plan Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of The Principal Select Savings Plan(the Plan) as of December 31, 2025 and 2024, and the related statement of changes in net assets available for benefitsfor the year ended December 31, 2025, and the related notes (collectively referred to as the “financial statements”). Inour opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinionon the Plan’s financial statements based on our audits. We are a public accounting firm registered with the PublicCompany Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financial statements are free of materialmisstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, anaudit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of Our audits included performing procedures to assess the risks of material misstatement of the financial statements,whether due to error or fraud, and performing procedures that respond to those risks. Such procedures includedexamining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits alsoincluded evaluating the accounting principles used and significant estimates made by management, as well as Supplemental Schedule Required by ERISA The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2025 (referred to as the“supplemental schedule”), has been subjected to audit procedures performed in conjunction with the audit of the Plan’sfinancial statements. The information in the supplemental schedule is the responsibility of the Plan’s management. Ouraudit procedures included determining whether the information reconciles to the financial statements or the underlyingaccounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the We have served as the Plan’s auditor since at least 2001, but we are unable to determine the specific year. The Principal Select Savings PlanNotes to Financial StatementsDecember 31, 2025 1. Description of the Plan The Principal Select Savings Plan (the Plan) is a defined contribution 401(k)plan that was established January1, 1985.The Plan is available to employees, field managers, agents holding a Career Agent Contract and financialrepresentatives with Principal Life Insurance Company (Principal Life) and its subsidiaries or affiliates (the Company)who meet eligibility requirements. The Plan Sponsor is Principal Financial Group,Inc. (PFG), the ultimate parent of Information about the Plan, including eligibility, and benefit provisions is contained in the Summary Plan Description.Copies of the Summary Plan Description are available from Principal Life’s Human Resources Benefits Department or The Plan Administrator is responsible for the control and administration of the Plan. The Plan Administrator is theBenefit Plans Administration Committee (BPAC). For the purposes of investment and protection of Plan assets, thenamed fiduciary of the Plan is the Benefit Plans Investment Committee. The Plan is funded through a trust fund thatholds group annuity contracts issued by Principal Life and collective investment trusts (CITs) issued by PrincipalGlobal Investors Trust Company (PGITC), an indirect wholly owned affiliate of PFG. The PFG Employee StockOwnership Plan (ESOP), which consists of common stock of PFG, is held in a separate trust. The Trustees of the Trustthat hold the group annuity contracts and CITs are employees of Principal Life. Bankers Trust is the Trustee of the Contributions On January1, 2006, the Company made several changes to the retirement program. Participants who were age 47 orolder with at