Introduction
Transamerica Retirement Solutions, LLC
DB CLIENT OVERVIEW | |
---|---|
Total DB admin clients1 | 127 |
% Full outsourcing | 82% |
% DB and DC clients | 66% |
DB PLAN OVERVIEW | |
---|---|
Total DB plans | 246 |
% Frozen plans2 | NR |
% Cash balance plans | 15% |
% PLANS, BY NUMBER OF PARTICIPANTS | |
---|---|
<100 participants | 29 (10%) |
100 – 1,000 participants | 104 (37%) |
1,001 – 5,000 participants | 92 (33%) |
>5,000 participants | 57 (20%) |
DB PARTICIPANT OVERVIEW | |
---|---|
U.S. DB participants | 436,857 |
% Private/Corporate3 | 90% |
% Public/Government | 10% |
% Retired participants | 35% |
% All interactions on web | 70% |
SPONSOR SERVICES OFFERED | |
---|---|
Plan accounting / Master trust | E |
Trust and custody services | I E |
Actuarial services | I P |
Investment management | E P |
Liability-driven investing | I |
Investment consulting | I |
PARTICIPANT ONLINE SERVICES | |
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Online initiation | |
Online elections | |
E-form processing | |
Online inquiry status | |
Online calculations4 | |
Comparison of online calculation |
I = Internal; E = External; P = Partnership; blank cells = Not offered/supported; NR = Not Reported in time for publication |
Footnote: |
1Includes both full outsourcing and partial outsourcing/co-sourcing arrangements; excludes investment-only, actuary-only and plan-consulting-only clients. 2 Includes partially frozen, soft-frozen and hard-frozen defined benefit plans. 3 Includes both single-employer and multi-employer/Taft-Hartley plans. 4 Reflects a provider?s ability to provide actual/binding benefit calculations online; nearly all providers are able to offer nonbinding estimates of benefit accruals. |