Defined Benefit (Pension) · DOL Form 5500 · 2023
Transamerica Corporation Pension Plan
Data updated 2026-08-25
- $2.3B
- Total assets Very large vs avg
- 6,519
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $356,455
- Avg per participant High balance/head
Official DOL plan name: Transamerica Pension Plan · Sponsored by Transamerica Corporation · Iowa · Finance & Insurance
$2.3B in assets, 6,519 participants
Transamerica Corporation's Transamerica Pension Plan reported $2.3B in total assets and 6,519 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,759 in Finance & Insurance (8,869 peers)
Coverage in Iowa
Transamerica Pension Plan covers 6,519 participants in Iowa, 11x the typical Iowa plan (state average ~609 per filing). Assets: $2.3B.
- #8,759
- in Finance & Insurance (8,869 peers)
- +4.2%
- assets growth YoY
- 23×
- vs typical plan assets (national mean)
Transamerica Pension Plan's outsized position by total assets
Transamerica Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,323,730,661 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Transamerica Pension Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Transamerica Pension Plan lands in the large band (6,519 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Transamerica Pension Plan reported net income rose from -$1.0B in the plan year 2022 filing to $93M in the plan year 2023 filing.
- Transamerica Pension Plan end-of-year assets rose from $2.2B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
- Transamerica Pension Plan reported participants fell from 6,789 in the plan year 2022 filing to 6,519 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 421484983 · Transamerica Corporation PY 2023 · Defined Benefit (Pension)
Transamerica Pension Plan · $2.3B · 6,519 · 99th
- IND $2.3B
- IND 6,519
- IND 99th
- IND Defined Benefit (Pension)
- IND near Ernst & Young Defined Benefit Retirement Plan
- IND ind #8759
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Iowa →
Transamerica Pension Plan in the asset neighbourhood
Iowa filing particulars
| Total Assets (Beginning of Year) | $2.2B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | $93M |
| Employer EIN | 421484983 |
| Plan Effective Date | 1977-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Transamerica Corporation)
Sponsor-wide plan assets over time
All Transamerica Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.1B 16.767872517215213% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 14,051 | $4.3B |
| 2023 | 3 | 13,518 | $4.7B |
| 2024 | 6 | 27,681 | $5.1B |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Principal Cash Balance Plan $1.7B · 12,492
- Midamerican Energy Company Retirement Plan $516M · 3,002
- Employers Mutual Casualty Company Retirement Plan $347M · 1,835
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $297M · 1,474
- Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $293M · 1,164
Scale composition for Transamerica Pension Plan
Transamerica Pension Plan reports $2.3B in end-of-year assets across 6,519 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $356,455 per participant (2.6x the national average assets-per-participant) . Net income for plan year 2023 was $93M.
This plan identity (EIN 421484983, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.2B to $2.2B (-1.4%) while covered participants moved from 6,789 to 7,170 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,789 | $2.2B | Open filing |
| 2023 | 6,519 | $2.3B | This page |
| 2024 · index core | 7,170 | $2.2B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Transamerica 401(k) Retirement Savings Plan (401(k), $2.7B, 8,059 participants)
- Transamerica Pension Plan (Defined Benefit (Pension), $2.2B, 7,170 participants)
- Choice Pooled Employer Plan III (401(k), $53M, 2,296 participants)
- Choice Pooled Employer Plan I (401(k), $47M, 6,924 participants)
Transamerica Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Iowa, the nearest Defined Benefit (Pension) by assets is Ernst & Young Defined Benefit Retirement Plan in NJ ($2.3B); by covered participants it is Erie Insurance Group Retirement Plan for Employees in PA (6,507 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.3B here).
- Ernst & Young Defined Benefit Retirement Plan (NJ) $2.3B · 45,954
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees (PA) $2.3B · 1,071
- Reynolds and Affiliates Pension Plan (NC) $2.3B · 997
- New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund (NY) $2.3B · 24,024
Similar participant headcount
Nearest other-state filings by covered participants (6,519 participants); asset peers above are excluded.
- Erie Insurance Group Retirement Plan for Employees (PA) 6,507 · 12 off
- Valero Energy Corporation Pension Plan (TX) 6,500 · 19 off
- Morgan Stanley Employees Retirement Plan (NY) 6,544 · 25 off
- Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (MI) 6,430 · 89 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.