2020
Defined Benefit Administration Survey

Providers

Transamerica Retirement Solutions, LLC (Transamerica)

DB CLIENT OVERVIEW
Total DB admin clients1133
Full outsourcing83%
DB and DC clients56%
DB PLAN OVERVIEW
Total DB plans234
Frozen plans53%
Cash balance plans12%
With <100 participants22%
With >5,000 participants20%
DB PARTICIPANT OVERVIEW
Total Participants421,155
Private/Corporate271%
Public/Government15%
Retired participants38%
All interactions on web50%
SPONSOR SERVICES OFFERED
Plan accounting / Master trustE
Trust and custody servicesIE
Actuarial servicesIP
Investment managementIEP
Liability-driven investingI
Investment consultingI
PARTICIPANT ONLINE SERVICES
Online initiation
Online elections
E-form processing
Online inquiry status
I = Internal; E = External; P = Partnership; = Supports service as of publication date; 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 both single-employer and multi-employer/Taft-Hartley plans.