Principal Financial H-1B Sponsorship

Insurance / Retirement Β· Des Moines, IA

270
Annual LCAs
90%
Approval Rate
$118K
Avg H-1B Wage

Top H-1B Sponsored Roles at Principal Financial

Software EngineerData EngineerActuarial AnalystQA EngineerData Scientist

Principal\'s Des Moines HQ anchors Iowa\'s insurance-tech corridor. Iowa prevailing wages are among the lowest nationally, which speeds PERM, and the cost of living stretches salaries far.

Principal Financial H-1B Sponsorship Cost: Who Pays the Fees?

Principal Financial pays all mandatory H-1B sponsorship costs, as DOL regulations require. A cap-subject petition costs the employer roughly $5,000–$11,500 all-in: the $215 electronic registration, $780 I-129 filing fee, $500 fraud prevention fee, $4,000 ACWIA training fee (employers with 26+ employees), plus outside immigration attorney fees that typically run $2,000–$5,000 per case. Premium processing adds $2,805 when a predictable start date matters.

Candidates never pay for their own H-1B petition β€” shifting those costs to the employee violates DOL wage requirements. Employee-side costs are limited to H4 dependent filings (~$460 each) and optional personal immigration counsel for independent case review.

Frequently Asked Questions

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HJ

H1B Visa Jobs Research Team

Immigration data analysts tracking DOL LCA filings and USCIS approval data since 2020. Data from the latest available DOL disclosure files (FY2022–FY2025), reviewed after each quarterly release.

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