Introduction
Transamerica
www.Transamerica.comAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #11 | $207,918 | |||
401(k) | $128,380 | |||
403(b) | $63,085 | |||
457 | $2,451 | |||
NQDC | $2,131 | |||
All Other | $11,871 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #8 | 4,431,693 | |||
<$10MM | 858,380* | |||
$10MM – $50MM | 844,822* | |||
>$50MM – $200MM | 985,935 | |||
>$200MM – $1BMM | 841,347 | |||
>$1B | 901,209 |
Service Offerings | |
---|---|
New client restrictions | Some restrictions may apply; contact provider for details |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 7 |
Will act as §3(16) fiduciary | Yes - via third party |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 11 p.m. ET |
Online chat support | Yes |
Mobile app | Yes |
Managed account options | Financial Engines; Morningstar/Ibbotson |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | Yes |
Recordkeeping Platform Proprietary system |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |