Defined Benefit (Pension) · DOL Form 5500 · 2024

Transamerica Corporation Pension Plan

Data updated 2026-08-06

$2.2B
Total assets: 7,170
Participants: 99th
Percentile by assets: $306,690
Avg per participant

Official DOL plan name: Transamerica Pension Plan · Sponsored by Transamerica Corporation · Iowa · Finance & Insurance

$2.2B in assets, 7,170 participants

Transamerica Corporation's Transamerica Pension Plan reported $2.2B in total assets and 7,170 participants in its 2024 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.

99th percentile by assets (of 116,472 plans)

Coverage in Iowa

Transamerica Pension Plan covers 7,170 participants in Iowa, 11x the typical Iowa plan (state average ~632 per filing). Assets: $2.2B.

$2.2B
total plan assets (2024 EOY): 7,170
covered participants: 99th
percentile by assets (of 116,472 plans): $306,690
avg assets per participant

The plan reported a net loss of $125M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Transamerica Pension Plan reported net income fell from $93M in the plan year 2023 filing to -$125M in the plan year 2024 filing.
Transamerica Pension Plan reported participants rose from 6,519 in the plan year 2023 filing to 7,170 in the plan year 2024 filing.
Transamerica Pension Plan end-of-year assets fell from $2.3B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iowa

Industry

Finance & Insurance

Participants vs Iowa filers

In Iowa, the average filing covers about 632 participants across 1,162 plans. Transamerica Pension Plan reports 7,170 participants - 11x that state average ($2.2B EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)	$2.3B
Net Assets (End of Year)	$2.2B
Net Income	-$125M
Employer EIN	421484983
Plan Effective Date	1977-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Transamerica Corporation)

Total plan assets by year, all Transamerica Corporation plans on file

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.

Transamerica Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Principal Cash Balance Plan $1.5B · 11,945
Midamerican Energy Company Retirement Plan $521M · 2,805
Employers Mutual Casualty Company Retirement Plan $362M · 1,908
Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233
Fbl Financial Group Retirement Plan $254M · 533

Compare Transamerica Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Transamerica Pension Plan by total assets, not by location.

The National Football League Club Employees Pension Plan (MD) $2.2B · 4,720
The Keyspan Retirement Plan (NY) $2.2B · 2,580
Marathon Petroleum Retirement Plan (OH) $2.2B · 17,916
Phillips 66 Retirement Plan (TX) $2.2B · 11,709

Frequently Asked Questions

How did Transamerica Pension Plan assets move in 2024? ▼

Transamerica Pension Plan pulled back noticeably - down 5.4% during 2024, from $2.3B to $2.2B. Reported net income was -$125M.

How have Transamerica Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Transamerica Corporation's sponsor-wide assets grew 16.8%, from $4.3B to $5.1B.

Where does Transamerica Pension Plan rank by assets among Form 5500 filers? ▼

Transamerica Pension Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Transamerica Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The National Football League Club Employees Pension Plan in MD ($2.2B, 4,720 participants).

Next read for Transamerica Pension Plan

Filing takeaways

Ways to act on Transamerica Pension Plan's numbers.

By total assets, Transamerica Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
Transamerica Corporation's sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421484983.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.