Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Transamerica Financial Life Ins Co.
Most often reported for recordkeeping and administration
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. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Transamerica Financial Life Ins Co. is named as a service provider on the Schedule C of 369 retirement plans with 100 or more participants for plan year 2024, covering 540,360 participant records. Most often it is reported for recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $23.5M. Per plan, the median was $59.12 per participant, with the middle half of plans between $24.98 and $117. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (50), New York (39) and Texas (28).
In 2009 it appeared on 139 such filings; in 2024, 365 (up 163%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $24.98 | $59.12 | $117 |
| Compensation as a share of plan net assets | 0.20% | 0.40% | 0.61% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Edustaff, LLC 401(k) Plan | Edustaff, LLC | MI | 56,927 | $9.9M | $55K |
| Isolved 401-K Plan | Plan Professionals, LLC | NJ | 51,743 | $465M | $1.9M |
| Discover Financial Services 401(k) Plan | Discover Financial Services | IL | 27,261 | $3.21B | $7,618 |
| Agc Select 401(k) PEP | Plan Professionals, LLC | NJ | 19,193 | $610M | $245K |
| Group Management Services, Inc. 401(k) Profit Sharing Plan & Trust | Group Management Services, Inc. | OH | 18,123 | $420M | $1.0M |
| Ags Payroll Services LLC 401(k) Plan | Ags Payroll Services LLC | NY | 14,896 | $65.1M | $106K |
| Employer Flexible 401(k) Plan | Employer Flexible | TX | 13,349 | $215M | $1.2M |
| Bronx Center Healthcare Systems 401(k) Plan | Bronx Center for Rehabilitation & Healthcare | NY | 11,576 | $77.1M | $264K |
| Helpside Inc. 401(k) Plan | Helpside Inc. | UT | 11,489 | $234M | $614K |
| Ace Retail Savings Plan 401(k) | Ace Hardware Corporation | IL | 11,052 | $188M | $151K |
| Cortech, LLC 401(k) Plan | Cortech, LLC | GA | 10,054 | $7.3M | $94K |
| Empower HR Retirement Savings Plan | Empower HR, LLC | AZ | 9,928 | $114M | $580K |
| The Alliance of State Retail Associations 401(k) Plan & Trust | Retail Association of Maine | ME | 7,983 | $76.8M | $9,913 |
| Texo Members 401(k) Plan | Texo Abc-Agc, Inc. | TX | 7,018 | $117M | $453K |
| Deployed Services, LLC 401(k) Plan | Deployed Services, LLC | TX | 6,700 | $10.0M | $128K |
| America's Healthcare Employee Retirement PEP | Plan Professionals, LLC | NJ | 6,527 | $18.9M | $120K |
| Choice Pooled Employer Plan I | Administrative Group, LLC DBA Transamerica Fiduciary Services | TN | 5,853 | $47.0M | $716K |
| Abo 401(k) Plan | America's Back Office, Inc. | MI | 5,547 | $80.2M | $376K |
| My HR Pros 401(k) Plan | My HR Pros | AR | 5,485 | $79.6M | $99K |
| Marine Industry Retirement Plan | National Marine Manufacturers Association, Inc. | IL | 5,065 | $136M | $246K |
| Fox Management Rehabilitation Services LLC 401(k) Plan | Fox Management Rehabilitation Services LLC | NJ | 4,447 | $122M | $179K |
| Agc of America, SD Chapter, Inc. 401(k) Profit Sharing Plan | Agc of America, SD Chapter, Inc. 401(k) Profit Sharing Plan | CA | 4,403 | $171M | $70K |
| Aperion Care 401(k) & Profit Sharing Plan | Aperion Care, Inc. | IL | 4,396 | $13.8M | $89K |
| Fba Retirement Plan | Austin 3(16) Fiduciary Limited | NY | 4,294 | $7.6M | $137K |
| Usg Services, LLC 401(k) Profit Sharing Plan | Usg Services, LLC | NY | 4,198 | $9.9M | $66K |
| Huddle House Inc. 401(k) Profit Sharing Plan | Huddle House Inc. | GA | 4,019 | $23.9M | $330K |
| Americare, Inc. 401(k) Plan | Americare, Inc. | NY | 3,955 | $5.4M | $47K |
| Avma Life Trust, LLC 401(k) Plan | Avma Life Trust, LLC | IL | 3,833 | $74.7M | $336K |
| Stratus.hr Retirement Plan | Stratus.hr | UT | 3,673 | $63.7M | $287K |
| Systems 401(k) Retirement Plan | Systems, LLC | MO | 3,606 | $11.2M | $108K |
| Family Endeavors 401(k) Plan | Family Endeavors, Inc. DBA Endeavors | TX | 3,411 | $18.1M | $129K |
| Plansource Financial Services, Inc. Retirement Savings Plan | Plansource Financial Services, Inc. | FL | 3,364 | $80.7M | $323K |
| Carolina Dealerships Inc. 401(k) Plan | Carolina Dealerships Inc. | NC | 3,364 | $112M | $286K |
| Choice Pooled Employer Plan III | Administrative Group, LLC DBA Transamerica Fiduciary Services | IA | 3,224 | $53.0M | $16K |
| Local 360 401(k) and Severance Plan | Local 360 401(k) and Severance Plan | NJ | 3,051 | $11.6M | $73K |
| Ips Employee Retirement Savings Plan | Interstate Personnel Services,inc. | KY | 3,042 | $14.8M | $62K |
| 1 Source Business Solutions 401(k) Plan | 1 Source Business Solutions, LLC | UT | 2,882 | $41.5M | $291K |
| Pinnacle Employee Services, LLC 401(k) and Profit Sharing Plan | Pinnacle Employee Services, LLC | NY | 2,692 | $34.9M | $58K |
| Southeast Personnel Leasing Retirement Savings Plan | Southeast Personnel Leasing, Inc. | FL | 2,670 | $46.5M | $188K |
| Curo Management 401(k) Retirement Plan | Curo Management Corporation | SC | 2,665 | $62.5M | $281K |
Questions and answers
How many plans does Transamerica Financial Life Ins Co. serve?
369 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Transamerica Financial Life Ins Co.?
The median plan reported $59.12 per participant in direct and indirect compensation (368 plans reporting an amount), or 0.40% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Recordkeeping and information management (366 plans), Participant loan processing (365 plans), Investment advisory (participants) (1 plans) and Valuation (appraisals, etc.) (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.