Vestwell vs Transamerica Retirement Solutions

Vestwell8.2Visit TRTransamerica Retirement Solutions7.8Visit

Higher score Vestwell #6 in 401(k) Software 8.2/10 Paid ✓ 0 of 3 features Visit Vestwell

vs

TR Transamerica Retirement Solutions #8 in 401(k) Software 7.8/10 Pricing on request ✓ 1 of 3 features Visit Transamerica

• Vestwell fits best

  Low-cost plans with automated contributions

• Transamerica Retirement Solutions fits best

  Employers needing multiple retirement plan types

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Side by side

Feature	Vestwell 8.2/10 Visit ↗	TRTransamerica Retirement Solutions 7.8/10 Visit ↗
At a glance
Editor score	8.2	7.8
Ranking	#6 in 401(k) Software	#8 in 401(k) Software
Best for	Low-cost plans with automated contributions	Employers needing multiple retirement plan types
Pricing model	Paid	Paid
Starting price	$45/mo	Pricing on request
Free plan	—	—
Free trial	—	—
Deployment	Cloud, Mobile	Cloud, Mobile
Platforms	Web, iOS, Android	Web, iOS, Android
Support	Email, Docs	Phone, Docs
Built for	Solo, Small business, Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features Vestwell 0/3 · Transamerica Retirement Solutions 1/3
Employee enrollment	Not checked yet	Not checked yet
Compliance support	Not checked yet	Not checked yet
Participant mobile app	Not checked yet	✓ (best)
Specs
Plan types	401(k), 403(b), profit-sharing, cash-balance plans	Defined contribution; defined benefit; pooled plan; nonqualified deferred compensation
Payroll integrations	Not checked yet	Not checked yet
Investment options	Not checked yet	Not checked yet
Our review
Pros	Automates enrollment, contribution escalation, and payroll deductions Supports matching, nonelective, and safe harbor contributions Offers web, mobile, and API access with participant and employer portals	Supports defined contribution, defined benefit, pooled, and nonqualified plans Participant web access and mobile app support balance and account changes Payroll administration tools and secure file transfer support plan operations
Cons	Employer plans add participant and investment fees to the base price Listed payroll integrations are limited to six providers Not a general benefits administration product	Pricing requires contacting sales and varies by plan Support is limited to phone and documentation, without 24/7 coverage Plan features and investment options may vary by plan
Our verdict	Vestwell provides workplace retirement and savings programs for employers, advisors, and partners, with plan options for self-employed individuals and businesses starting a plan or transferring from another provider. Its tools cover plan… Read the review →	Transamerica Retirement Solutions provides employer retirement plans and recordkeeping services for small, mid-market, and enterprise organizations. Its coverage spans defined contribution, defined benefit, pooled plan, and nonqualified… Read the review →

Strengths and trade-offs

• Vestwell — where it wins

  • Automates enrollment, contribution escalation, and payroll deductions
  • Supports matching, nonelective, and safe harbor contributions
  • Offers web, mobile, and API access with participant and employer portals

  Where it doesn't

  • Employer plans add participant and investment fees to the base price
  • Listed payroll integrations are limited to six providers
  • Not a general benefits administration product

• Transamerica Retirement Solutions — where it wins

  • Supports defined contribution, defined benefit, pooled, and nonqualified plans
  • Participant web access and mobile app support balance and account changes
  • Payroll administration tools and secure file transfer support plan operations

  Where it doesn't

  • Pricing requires contacting sales and varies by plan
  • Support is limited to phone and documentation, without 24/7 coverage
  • Plan features and investment options may vary by plan

• Vestwell8.2/10 · Paid

  A flexible 401(k) platform with plans starting at $45 per month.

  Visit VestwellFull verdict →
• TRTransamerica Retirement Solutions7.8/10 · Pricing on request

  A broad retirement-plan service covering four plan types with web and mobile access.

  Visit TransamericaFull verdict →