Transamerica Retirement Services Ranked as the Top Provider Website for Plan Sponsors
Transamerica’s plan sponsor website bests industry peers in all four of DALBAR’s Defined Contribution WebMonitor 2010 quarterly Analyses
LOS ANGELES--(BUSINESS WIRE)-- Transamerica Retirement Services’ plan sponsor website outperformed all other retirement plan provider websites, and was the only retirement plan provider out of 42 rated to earn the “Excellent” designation every quarter in 2010 by DALBAR’s Defined Contribution WebMonitor program.
“Transamerica is dedicated to leveraging technology to help our plan sponsors and participants get the most out of their retirement plans,” said
Additionally, DALBAR’s 2010 fourth quarter report highlighted Transamerica’s Total Plan Management program. The program brings together three vital aspects of retirement plan fundamentals—education, fiduciary support tools, and plan management— to help sponsors in the small- and mid-sized markets assess and identify specific plan needs, set goals and take action to enhance their plan’s overall success.
For plan participants, DALBAR recognized the TRS Mobile Enroller as a best practice for enrollment. Using the TRS Mobile Enroller Application, employees can quickly and securely join their plan and begin saving for retirement during their enrollment meetings, further helping plan sponsors to increase enrollment rates. DALBAR also recognized Transamerica’s mobile account access capabilities, indicating it was a best practice for account details.
Each quarter, DALBAR identifies and recognizes industry-leading websites that achieve a top-ten ranking. Websites are scored on results from DALBAR website evaluations, and points are given for achievement in set criteria within the following five categories: functionality, usability, behavior centric attributes, content currency and consistency.
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