Principal Financial Group Administers Township Pension Plan
Town of Augusta charterCity · Whittaker, MI- Disclosed value
- Monthly employer contributions equal to 15% of employee compensation; $82,204 contributed for fiscal year ended March 31, 2026
- From agendapacket
- Document date
- Oct 23, 2026
The 30-second brief
Augusta Charter Township continues to use Principal Financial Group to administer its defined-contribution pension plan. The township contributes 15% of employee compensation monthly.
Principal Financial Group holds this financial services contract with Town of Augusta charter. Its other public contracts on record include work for City of Granite and Iowa Racing and Gaming Commission | State of Iowa.
Term as filed: Ongoing defined-contribution pension plan.
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Contract details
- Contract type
- Financial Services
- Amount
- Monthly employer contributions equal to 15% of employee compensation; $82,204 contributed for fiscal year ended March 31, 2026
- Document date
- October 23, 2026
- Term
- Ongoing defined-contribution pension plan
- Agency
- Town of Augusta charter
- Source document
- Augusta Charter Township AgendaPacket Board of Trustees Meeting 2026-10-27 (AgendaPacket)
Principal Financial Group's other public contracts
More Town of Augusta charter contracts
Questions about this contract
Who was awarded the financial services contract by Town of Augusta charter?
Principal Financial Group was awarded this financial services contract by Town of Augusta charter, as recorded on October 23, 2026. The contract value is Monthly employer contributions equal to 15% of employee compensation; $82,204 contributed for fiscal year ended March 31, 2026.
How much is the Principal Financial Group contract with Town of Augusta charter worth?
The Principal Financial Group contract with Town of Augusta charter is valued at Monthly employer contributions equal to 15% of employee compensation; $82,204 contributed for fiscal year ended March 31, 2026, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Augusta Charter Township AgendaPacket Board of Trustees Meeting 2026-10-27 (AgendaPacket), dated October 23, 2026 from Town of Augusta charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Principal Financial Group hold?
Principal Financial Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Augusta charter currently buying?
Explore Town of Augusta charter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.