Important Retirement Information
Karavan Trailers, LLC is pleased to announce we are changing our 401(k) Retirement Plan vendor this spring. With this change in vendor, we are adding new retirement planning features for employees and their households to take advantage of. We are excited to provide you with an update on how your retirement account will be transitioned and enhanced over the coming months.
The transition from American Trust to Principal Financial begins on May 5, 2026. The transition process may take up to four weeks for completion. After it is all transferred to the new vendor, you will have create a new account login for the new retirement planning features and similar robust investment line-up offerings. Your individual account will be moved to Principal Financial as part of the full 401(k) Plan transition.
The 401(k) Plan is transitioning vendors from American Trust to Principal Financial. Once the transition is complete, you will have access to new online retirement planning features and similar robust investment line-up offerings. Your individual account will be moved to Principal Financial as part of the full 401(k) Plan transition. The transition from American Trust to Principal Financial begins on May 5, 2026. The transition process may take up to four weeks for completion. You will receive notice when it is complete.
Your entire 401(k) account will be transferred in full from American Trust to Principal Financial. Your current funds and future contributions will be invested in the same or similar investment options. for the time being. You may still log into the American Trust website to view your 401(k) account through May 4, 2026. After this date, the website and your account will be in a blackout period in preparation for the move to Principal Financial.
** You will be able to access your account after the blackout period ends at Principal Financial. The blackout period is expected to end no later than the week of May 24, 2026. **
A blackout period is a window of time during which you cannot make any adjustments to your contributions, take withdrawals or change your investments. The blackout period begins on May 5, 2026, and is expected to end the week of May 24, 2026.
If you have any changes you would like to make to your 401(k) account, do so before the blackout period begins on May 5, 2026.
You will be provided with instructions to register an account with Principal Financial. It is highly recommended that you register an account with Principal Financial and review items such as deferral rate, beneficiary designations, etc
You will receive an email from your HR team and/or Principal Financial in the coming weeks with information regarding this transition. You do not need to take any action with this email; it is simply informational in nature.
If you have questions about your account or any other questions you can contact the independent investment advisory team that services you 401(k) Plan, M3 Financial, is available to provide guidance on this transition and your account.
Grant Argall-Investment Advisor Representative
Kelly Tyriver- Investment Advisor Representative
Karavan Financial Resources
Setting Up your Account
It’s a good idea to set up your account right away because you can:
- Pick security preferences, helping safeguard access to your retirement savings.
- Review important plan notices linked on the summary page after you log in.
- Check out your contributions and investment options.
How the transition works
To see what’s happening to the retirement plan and your account, check out this short video.
We’ll let you know when it’s done
We’ll confirm when the transition is complete. You’ll then be able to see your account balance and access our retirement planning resources.
If you have any questions, please ask Gail or you can call Principals Customer Service at 1-800-547-7754 Monday through Friday from 7am to 9pm CT.