Transamerica Retirement Solutions
| Company type | Corporate Division |
|---|---|
| Industry | Full Service Retirement Consulting |
| Founded | 1963 |
| Headquarters | Purchase NY |
Key people | Peter Kunkel, President, Mark Mullin (PRESIDENT AND CEO and CFO, Alice Hocking, Edmond Ryan |
| Products | 401(k), 403(b), 457 plans, defined benefit administration & consulting, investment management, recordkeeping, reporting and TRO inclusive of human resource outsourcing, non qualifieds, IRA, Roth IRA's and similar products |
Number of employees | 900 employees |
| Website | www.divinvest.com |
History
Established as an original division of MONY (Mutual of NY) and its predecessors, DIA spun off as a separate entity in the early 1990s. Diversified Investment Advisors has over 50 years of multi-product, retirement services only industry experience. The primary focus is as recordkeeper, acting as a "manager of managers" with regard to asset allocation. They offer flexible line of products for Defined Contribution 401(k),403(b),Executive Compensation 457's plans as well traditional DB pension offerings. Plan Sponsor has rated them among the best mid market providers in terms of Consulting, Relationship Management and Employee Education and Conversion. They also offer a complete line of after plan products such as IRA's and Roth accounts.
Affiliated companies include Transamerica Insurance. The parent Co., AEGON N.V. of The Hague, Netherlands is one of the largest insurance companies in the world, employing 27,000 worldwide. DIA has regional offices located in Boston (DAS)(Diversified Actuarial Services), NYC, Los Angeles, San Francisco, Dallas, Little Rock, Chicago, Cincinnati, Charlotte and also maintains a large facility in Cedar Rapids IA.