Recordkeepers
NAPAFIRMPARTNERS
2023
ADVISORS’ CHOICE RECORDKEEPER
2023
ADVISOR
ALLIES NAPA TOP DC INDUSTRY WHOLESALER
Transamerica Baltimore, MD Transamerica.com
Key Contact(s)
Total Assets Administered
Charmaine Hughes Lee 414.870.8156 Charmaine.Hughes@Transamerica.com
Plans by Channel
Firm Profile
Transamerica Retirement Solutions provides comprehensive SEP/ MEP/ PEP retirement plan solutions. Leveraging expertise honed by more than 85 years in business, we serve the entire spectrum of defined benefit and defined contribution plans, including 401(k) and 403(b) (Traditional and Roth), 457, profit sharing, money purchase, cash balance, TaftHartley, nonqualified deferred compensation, and rollover and Roth IRA.
Primary Market(s) Served
Micro: <$1 million Small: $1-$10 million Mid: $10-$100 million Large: $100-$250 million Mega: >$250 million
Plans / Participants Served by Type*
401(k): Plans: 22,912 / Participants: 2,014,904 403(b): Plans: 1,977 / Participants: 932,970 457: Plans: 389 / Participants: 53,166 Cash Balance: Plans: 17 / Participants: 107,372 Defined Benefit (Traditional): Plans: 196 / Participants: 319,772 Money Purchase: Plans: 111 / Participants: 30,544 NQDC: Plans: 154 / Participants: 66,703
$194,932,165,242 Direct: 0 Advisor: 26,663
Platform(s) Used
Proprietary recordkeeping platform
Asset Allocation Funds
Available through the Transamerica recordkeeping platform.
Advisor Support Services
External Wholesalers Focused on Advisors: 46 External Wholesalers Focused on Institutional: 5 Internal Wholesalers Focused on Advisors: 24 Internal Wholesalers Focused on Institutional: 4 • Compliance Support • Plan Benchmarking • Target-Date Evaluation Tools • Training for DC Plan Sales/Service • Investment Committee Meetings
Participant Support Services
• In-Plan Lifetime Income Options • Rollover Services • Call Center Support • Facebook Page • Smartphone Access to Participant Balances • Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available
Total retirement solutions: bundled/TPA, Administrative outsourcing; Legal, compliance, fiduciary support; education/ communications; open architecture investment; plan health reporting; 360 payroll; HSAs/ student loan solutions/Emergency Savings/PTO Exchange
*as of 6.30.23
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NAPABLACKBOOK2023