HARRISON, N.Y.--(BUSINESS WIRE)--Transamerica Retirement Solutions recently received top honors from plan sponsors for its continued commitment to excellent customer service. Transamerica received a combined 84 “Best in Class” cups for retirement plan sponsor and participant services in PLANSPONSOR® magazine’s 2012 Defined Contribution Survey for retirement plans with up to $1 billion in retirement plan assets, according to the survey.
“Our entire organization is focused on providing the highest level of service and we are honored that our plan sponsor clients have validated our efforts.”
Transamerica was the top retirement plan provider in two market segments, earning the most “Best in Class” cups for service to retirement plans with $10 million to under $50 million, and $200 million to $1 billion in retirement plan assets.
The survey ranks retirement plan providers in 23 categories consisting of plan sponsor and participant services. “Best in Class” cups are given to qualified providers with average scores in the top quartile of each individual category. Transamerica was given a perfect 23 “Best in Class” cups in the $10 million to under $50 million and $200 million to $1 billion market segments.
“Helping the American worker retire with confidence is the heart of what we do,” said Alice Hocking, chief operating officer for Transamerica Retirement Solutions. “Our entire organization is focused on providing the highest level of service and we are honored that our plan sponsor clients have validated our efforts.”
More than ninety-six percent of Transamerica’s plan sponsor clients who responded indicated that they would recommend Transamerica – one of the highest recommendation rates in the survey.
About the November 2012 PLANSPONSOR® Magazine Survey
The results of the Defined Contribution Survey were announced in the November issue of PLANSPONSOR® magazine. The survey polled 5,930 clients of 38 total defined contribution plan providers. “Best in Class” cups are awarded to plan providers that score in the top quartile of a specific category. Transamerica was awarded a combined 84 cups across the less than $5 million, $5 million to under $10 million, $10 million to under $50 million, $50 million to under $200 million, and $200 million to $1 billion markets.
About Transamerica Retirement Solutions
Transamerica Retirement Solutions (Transamerica) is a leading provider of customized retirement plan solutions for small- to large-sized organizations.
Transamerica partners with financial advisors, third party administrators, and consultants to cover 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; Taft-Hartley; multiple employer plans; nonqualified deferred compensation; and rollover and Roth IRA.
Transamerica helps more than three million retirement plan participants save and invest wisely to secure their retirement dreams. For more information about Transamerica Retirement Solutions Corporation, please visit www.TRSretire.com.