2020
Recordkeeping Survey

Providers

Transamerica Retirement Solutions LLC

www.Transamerica.com
Assets ($MM) by Plan Type
Ranked #11$195,830
401(k)63%
403(b)28%
457 2%
NQDC1%
Other6%
Participants by Plan Size
Ranked #93,615,003
<$10MM20%
$10MM – $50MM17%
>$50MM – $200MM21%
>$200MM42%
Plans by Count
Ranked #1126,472
% Third-party administration
51%
Related Offerings
HSA integrationvia Partnership/other strategy
Student Loan Repaymentvia 3rd party
Financial wellness options1
Service Offerings
New client restrictionsNone
Multiple service modelsYes
Offers corporate trustee servicesYes - via partnership/other strategy
# of internal ERISA counsel5
Will act as §3(16) fiduciaryYes - via third party
Participant Services
Call center hoursWeekdays: 8 a.m. - 9 p.m. ET
Online chat supportYes
Mobile app
Managed account optionsMorningstar; Proprietary offering
Retirement Income
Displays retirement income estimate on statements
Offers in-plan guaranteed retirement income productsYes
Offers out-of-plan annuity bidding serviceYes
Recordkeeping PlatformProprietary recordkeeping system