Employer · plans filed under one EIN
Transamerica Corporation
Cedar Rapids, IA · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Transamerica Corporation, based in Cedar Rapids, Iowa, sponsors 5 retirement plans with 100 or more participants: 4 defined contribution and 1 defined benefit. Together they reported 55,125 participant records and $5.07B in net assets.
The largest is Transamerica Pension Plan, a cash balance pension plan with 29,045 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $96.1M and participant contributions $103M in the latest plan years; benefits paid were $397M. Schedule C compensation reported to service provider organisations totalled $3.4M.
Combined net assets moved from $4.25B in 2016 to $5.07B in 2024 (up 19%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Transamerica Pension Plan | cash balance pension plan | 2024 | 29,045 | $2.20B | $75,648 | $6,835 | $1.6M |
| Transamerica 401(k) Retirement Savings Plan | 401(k) plan | 2024 | 14,137 | $2.72B | $192,437 | $4,218 | $70K |
| Choice Pooled Employer Plan I | 401(k) plan | 2024 | 5,853 | $47.0M | $8,034 | $2,186 | $1.5M |
| Choice Pooled Employer Plan III | 401(k) plan | 2024 | 3,224 | $53.0M | $16,438 | $556 | $195K |
| Excelwise Pooled Employer Plan | 401(k) plan | 2024 | 2,866 | $55.9M | $19,498 | $380 | $3,303 |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 5 | 55,125 | $5.07B | $96.1M | $103M |
| 2023 | 4 | 52,296 | $4.85B | $184M | $77.2M |
| 2022 | 3 | 44,297 | $4.35B | $81.0M | $71.7M |
| 2021 | 2 | 45,611 | $5.80B | $20.8M | $63.7M |
| 2020 | 2 | 49,955 | $5.87B | $131M | $65.1M |
| 2019 | 2 | 51,147 | $5.15B | $22.1M | $62.3M |
| 2018 | 2 | 53,242 | $4.57B | $273M | $60.9M |
| 2017 | 2 | 54,558 | $4.76B | $249M | $63.4M |
| 2016 | 2 | 56,656 | $4.25B | $125M | $64.6M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Mercer Investment Consulting | — | 1 | $1,533,161 |
| Admin. Group, LLC DBA Tag Resources | Recordkeeping and information management; Participant loan processing | 2 | $764,617 |
| Transamerica Financial Life Ins | Recordkeeping and information management; Participant loan processing | 2 | $732,186 |
| Trnasamerica Life Insurance Co. | Recordkeeping and information management; Participant loan processing | 1 | $71,903 |
| Transamerica Retirement Solutions | Recordkeeping and information management; Participant loan processing; Claims processing; Investment management | 2 | $55,701 |
| Citibank | Custodial (securities) | 1 | $44,917 |
| State Street Global Advisors | Custodial (securities) | 1 | $43,327 |
| Rpa Financial LLC | Investment advisory (plan) | 2 | $37,788 |
| The o.n. Equity Sales Company | Investment advisory (plan) | 1 | $16,677 |
| Beacon Capital, LLC | Securities brokerage | 1 | $14,738 |
| Equity Risk Solutions LLC | Consulting (pension) | 1 | $13,977 |
| Check Capital Management Inc. | Securities brokerage | 1 | $13,725 |
| Benefit Plans Admin Service | Recordkeeping and information management; Custodial (securities); Participant loan processing; Trustee (directed) | 1 | $11,980 |
| Morgan Stanley | Investment advisory (plan) | 1 | $11,972 |
| Charles Schwab & Co., Inc. | Securities brokerage | 1 | $11,411 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Transamerica Corporation have?
5 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Transamerica Pension Plan, Transamerica 401(k) Retirement Savings Plan, Choice Pooled Employer Plan I and Choice Pooled Employer Plan III and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Transamerica Corporation contribute to its plans?
$96,083,597 in employer contributions across these plans in their latest plan years, about $3,784 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Mercer Investment Consulting, Admin. Group, LLC DBA Tag Resources, Transamerica Financial Life Ins and Trnasamerica Life Insurance Co. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.