Transamerica Marks 25 Years in Pooled Plans and Expands Retirement Solutions
Transamerica has celebrated its 25th anniversary of offering pooled plan retirement solutions, a milestone highlighting the company's long-term commitment to expanding access to workplace benefits. As these plans become increasingly popular among employers seeking affordable ways to provide retirement options for employees, Transamerica is enhancing its resources and capabilities in this area. The firm has expanded from Multiple Employer Plans (MEPs) to include Pooled Employer Plans (PEPs), which were introduced under the SECURE Act of 2019. According to PLANSPONSOR's 2026 Recordkeeping Survey, Transamerica ranked first among recordkeepers in terms of adopting employers for PEPs and was a leader across multiple pooled plan metrics. Over five years, Transamerica’s pooled plan assets grew by nearly 61%, from $21.3 billion to $34.2 billion as the number of participating employers increased almost 40%. The company continues to invest in innovation and support for advisors, employers, and partners to help more Americans save for retirement.
Topics: employer benefits pooled plan solutions retirement plans