Pension Funds Allocated to Principal Large Cap Stock Index
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Description
Principal Large Cap Stock Index continues as equity index manager for the pension plan. Significant plan contributions were allocated to the fund to align with updated targets.
Contract Details
Contract Amount
0.1% of Assets ($27,259,080), estimated $13,630 annual fee
Vendor
PRINCIPAL LARGE CAP STOCK INDEX
Agency
City of Rockville, MD
Contract Type
FINANCIAL_SERVICES
Document Date
February 20, 2026
Renewal Info
Ongoing investment; allocation adjustments per Board strategy.
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