FINANCIAL STATEMENTS
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Years Ended December 31, 2023 and 2022
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Financial Statements
Years Ended December 31, 2023 and 2022
Contents
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| Financial Statements |
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Report of Independent Registered Public Accounting Firm
To the Board of Directors of Transamerica Life Insurance Company and the Contract Owners of Retirement Builder Variable Annuity Account
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities of each of the subaccounts of Retirement Builder Variable Annuity Account indicated in the table below as of December 31, 2023, and the related statements of operations and changes in net assets for each of the periods indicated in the table below, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the subaccounts of Retirement Builder Variable Annuity Account as of December 31, 2023, and the results of each of their operations and the changes in each of their net assets for the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.
| AB Large Cap Growth Class B Shares (1) | Invesco V.I. Global Strategic Income Series II Shares (1) | |
| AB Relative Value Class B Shares (1) | Invesco V.I. Government Securities Series I Shares (1) | |
| AB Sustainable Global Thematic Growth Class B Shares (1) | Invesco V.I. Government Securities Series II Shares (1) | |
| Allspring VT Discovery All Cap Growth Class 1 Shares (1) | Invesco V.I. Main Street Series I Shares (1) | |
| Allspring VT Discovery All Cap Growth Class 2 Shares (1) | Invesco V.I. Main Street Series II Shares (1) | |
| Allspring VT International Equity Class 1 Shares (1) | Invesco V.I. Main Street Mid Cap Series II Shares (1) | |
| Allspring VT International Equity Class 2 Shares (1) | Invesco V.I. Main Street Small Cap Series II Shares (1) | |
| Allspring VT Opportunity Class 1 Shares (1) | Janus Henderson - Balanced Service Shares (1) | |
| Allspring VT Opportunity Class 2 Shares (1) | Janus Henderson - Enterprise Service Shares (1) | |
| Allspring VT Small Cap Growth Class 1 Shares (1) | Janus Henderson - Forty Service Shares (1) | |
| Allspring VT Small Cap Growth Class 2 Shares (1) | Janus Henderson - Global Research Service Shares (1) | |
| BNY Mellon Stock Index Initial Shares (1) | Janus Henderson - Mid Cap Value Service Shares (1) | |
| BNY Mellon Stock Index Service Shares (1) | Janus Henderson - Overseas Service Shares (1) | |
| BNY Mellon Sustainable U.S. Equity Initial Shares (1) | Janus Henderson - Research Service Shares (1) | |
| BNY Mellon VIF Appreciation Initial Shares (1) | LVIP JPMorgan Core Bond Standard Shares (2) | |
| BNY Mellon VIF Government Money Market (1) | LVIP JPMorgan Mid Cap Value Standard Shares (2) | |
| BNY Mellon VIF Growth and Income Initial Shares (1) | LVIP JPMorgan U.S. Equity Standard Shares (2) | |
| BNY Mellon VIF Opportunistic Small Cap Initial Shares (1) | MFS® Core Equity Initial Class (1) |
1
| Columbia - Dividend Opportunity Class 1 Shares (1) | MFS® Growth Initial Class (1) | |
| Columbia - Income Opportunity Class 1 Shares (1) | MFS® Growth Service Class (1) | |
| Columbia - Large Cap Growth Class 1 Shares (1) | MFS® Massachusetts Investors Growth Stock Initial Class (1) | |
| Columbia - Overseas Core Class 2 Shares (1) | MFS® Massachusetts Investors Growth Stock Service Class (1) | |
| Columbia - Select Mid Cap Growth Class 1 Shares (1) | MFS® New Discovery Initial Class (1) | |
| Columbia - Select Mid Cap Value Class 1 Shares (1) | MFS® New Discovery Service Class (1) | |
| Columbia - Small Cap Value Class 1 Shares (1) | MFS® Research Initial Class (1) | |
| Columbia - Small Company Growth Class 1 Shares (1) | MFS® Research Service Class (1) | |
| Columbia - Strategic Income Class 1 Shares (1) | MFS® Total Return Initial Class (1) | |
| CTIVP® - Principal Blue Chip Growth Class 1 Shares (1) | MFS® Total Return Service Class (1) | |
| Davis Value (1) | MFS® Total Return Bond Initial Class (1) | |
| Federated Hermes Government Money II Service Shares (1) | MFS® Total Return Bond Service Class (1) | |
| Federated Hermes High Income Bond II Primary Shares (1) | MFS® Utilities Initial Class (1) | |
| Federated Hermes Kaufmann II Primary Shares (1) | MFS® Utilities Service Class (1) | |
| Federated Hermes Kaufmann II Service Shares (1) | Putnam VT Core Equity Class IB Shares (1) | |
| Federated Hermes Managed Volatility II Primary Shares (1) | Putnam VT Diversified Income Class IB Shares (1) | |
| Federated Hermes Managed Volatility II Service Shares (1) | Putnam VT Focused International Equity Class IB Shares (1) | |
| Federated Hermes Quality Bond II Primary Shares (1) | Putnam VT George Putnam Balanced Class IB Shares (1) | |
| Fidelity® VIP Asset Manager Initial Class (1) | Putnam VT Global Health Care Class IB Shares (1) | |
| Fidelity® VIP Asset Manager: Growth Initial Class (1) | Putnam VT Government Money Market Class IB Shares (1) | |
| Fidelity® VIP Balanced Initial Class (1) | Putnam VT Income Class IB Shares (1) | |
| Fidelity® VIP Balanced Service Class 2 (1) | Putnam VT International Equity Class IB Shares (1) | |
| Fidelity® VIP Contrafund® Initial Class (1) | Putnam VT Large Cap Growth Class IB Shares (1) | |
| Fidelity® VIP Contrafund® Service Class 2 (1) | Putnam VT Large Cap Value Class IB Shares (1) | |
| Fidelity® VIP Equity-Income Initial Class (1) | Putnam VT Research Class IB Shares (1) | |
| Fidelity® VIP Equity-Income Service Class 2 (1) | Putnam VT Sustainable Leaders Class IB Shares (1) | |
| Fidelity® VIP Government Money Market Initial Class (1) | TA Aegon Bond Initial Class (1) | |
| Fidelity® VIP Government Money Market Service Class 2 (1) | TA Aegon Bond Service Class (1) | |
| Fidelity® VIP Growth Initial Class (1) | TA Aegon Core Bond Initial Class (1) | |
| Fidelity® VIP Growth Service Class 2 (1) | TA Aegon High Yield Bond Initial Class (1) |
| Fidelity® VIP Growth & Income Initial Class (1) | TA Aegon High Yield Bond Service Class (1) | |
| Fidelity® VIP Growth & Income Service Class 2 (1) | TA Aegon Sustainable Equity Income Initial Class (1) | |
| Fidelity® VIP Growth Opportunities Initial Class (1) | TA Aegon Sustainable Equity Income Service Class (1) | |
| Fidelity® VIP Growth Opportunities Service Class (1) | TA Aegon U.S. Government Securities Initial Class (1) | |
| Fidelity® VIP Growth Opportunities Service Class 2 (1) | TA Aegon U.S. Government Securities Service Class (1) | |
| Fidelity® VIP High Income Initial Class (1) | TA BlackRock Government Money Market Initial Class (1) | |
| Fidelity® VIP High Income Service Class (1) | TA BlackRock Government Money Market Service Class (1) | |
| Fidelity® VIP High Income Service Class 2 (1) | TA BlackRock iShares Edge 40 Initial Class (1) | |
| Fidelity® VIP Index 500 Initial Class (1) | TA BlackRock iShares Edge 40 Service Class (1) | |
| Fidelity® VIP Index 500 Service Class 2 (1) | TA BlackRock Real Estate Securities Initial Class (1) | |
| Fidelity® VIP Investment Grade Bond Initial Class (1) | TA BlackRock Real Estate Securities Service Class (1) | |
| Fidelity® VIP Investment Grade Bond Service Class 2 (1) | TA International Focus Initial Class (1) | |
| Fidelity® VIP Mid Cap Initial Class (1) | TA International Focus Service Class (1) | |
| Fidelity® VIP Mid Cap Service Class 2 (1) | TA Janus Mid-Cap Growth Initial Class (1) | |
| Fidelity® VIP Overseas Initial Class (1) | TA Janus Mid-Cap Growth Service Class (1) | |
| Fidelity® VIP Value Strategies Service Class 2 (1) | TA JPMorgan Asset Allocation - Conservative Initial Class (1) | |
| Franklin Income Class 2 Shares (1) | TA JPMorgan Asset Allocation - Conservative Service Class (1) | |
| Franklin Mutual Shares Class 2 Shares (1) | TA JPMorgan Asset Allocation - Growth Initial Class (1) | |
| Franklin Rising Dividends Class 2 Shares (1) | TA JPMorgan Asset Allocation - Growth Service Class (1) | |
| Franklin Small Cap Value Class 2 Shares (1) | TA JPMorgan Asset Allocation - Moderate Initial Class (1) | |
| Franklin Small-Mid Cap Growth Class 2 Shares (1) | TA JPMorgan Asset Allocation - Moderate Service Class (1) | |
| Franklin Templeton Developing Markets Class 2 Shares (1) | TA JPMorgan Asset Allocation - Moderate Growth Initial Class (1) | |
| Franklin Templeton Foreign Class 2 Shares (1) | TA JPMorgan Asset Allocation - Moderate Growth Service Class (1) | |
| Invesco V.I. American Franchise Series I Shares (1) | TA JPMorgan Enhanced Index Initial Class (1) | |
| Invesco V.I. American Franchise Series II Shares (1) | TA JPMorgan Enhanced Index Service Class (1) | |
| Invesco V.I. American Value Series II Shares (1) | TA JPMorgan International Moderate Growth Initial Class (1) | |
| Invesco V.I. Capital Appreciation Series I Shares (1) | TA JPMorgan International Moderate Growth Service Class (1) |
| Invesco V.I. Capital Appreciation Series II Shares (1) | TA JPMorgan Mid Cap Value Initial Class (1) | |
| Invesco V.I. Comstock Series II Shares (1) | TA JPMorgan Tactical Allocation Initial Class (1) | |
| Invesco V.I. Conservative Balanced Series I Shares (1) | TA JPMorgan Tactical Allocation Service Class (1) | |
| Invesco V.I. Conservative Balanced Series II Shares (1) | TA Multi-Managed Balanced Initial Class (1) | |
| Invesco V.I. Core Equity Series I Shares (1) | TA Multi-Managed Balanced Service Class (1) | |
| Invesco V.I. Core Equity Series II Shares (1) | TA Small/Mid Cap Value Initial Class (1) | |
| Invesco V.I. Discovery Mid Cap Growth Series II Shares (1) | TA T. Rowe Price Small Cap Initial Class (1) | |
| Invesco V.I. Equity and Income Series II Shares (1) | TA T. Rowe Price Small Cap Service Class (1) | |
| Invesco V.I. EQV International Equity Series I Shares (1) | TA TS&W International Equity Initial Class (1) | |
| Invesco V.I. EQV International Equity Series II Shares (1) | TA TS&W International Equity Service Class (1) | |
| Invesco V.I. Global Series I Shares (1) | TA WMC US Growth Initial Class (1) | |
| Invesco V.I. Global Series II Shares (1) | TA WMC US Growth Service Class (1) | |
| Invesco V.I. Global Strategic Income Series I Shares (1) | Wanger Acorn (1) |
|
(1) Statements of operations and changes in net assets for the years ended December 31, 2023 and 2022 (2) Statements of operations and changes in net assets for the period April 28, 2023 (commencement of operations) through December 31, 2023 | ||
Basis for Opinions
These financial statements are the responsibility of the Transamerica Life Insurance Company management. Our responsibility is to express an opinion on the financial statements of each of the subaccounts of Retirement Builder Variable Annuity Account based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to each of the subaccounts of Retirement Builder Variable Annuity Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.
Our procedures included confirmation of investments owned as of December 31, 2023 by correspondence with the custodian, the transfer agents, or the investee mutual funds. We believe that our audits provide a reasonable basis for our opinions.
/s/ PricewaterhouseCoopers LLP
Chicago, Illinois
April 19, 2024
We have served as the auditor of one or more of the subaccounts of Retirement Builder Variable Annuity Account since 2014.
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Number of Shares | Cost | Assets at Market Value |
Due (to)/from General Account |
Net Assets | Units Outstanding | Range of Unit Values | |||||||||||||||||||||||||
| AB Large Cap Growth Class B Shares | 39,676.986 | $ | 2,198,888 | $ | 2,656,771 | $ | (45) | $ | 2,656,726 | 755,403 | $ | 3.078405 | $ | 27.317453 | ||||||||||||||||||
| AB Relative Value Class B Shares | 71,828.543 | 2,044,715 | 2,067,225 | (29) | 2,067,196 | 668,414 | 2.897254 | 17.519573 | ||||||||||||||||||||||||
| AB Sustainable Global Thematic Growth Class B Shares | 25,400.915 | 699,514 | 788,698 | (6) | 788,692 | 493,958 | 1.028470 | 19.206328 | ||||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares | 45,575.284 | 1,264,230 | 1,153,055 | 2 | 1,153,057 | 211,450 | 3.000973 | 6.006632 | ||||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares | 8,487.832 | 223,448 | 202,774 | 9 | 202,783 | 29,899 | 6.075529 | 21.134084 | ||||||||||||||||||||||||
| Allspring VT International Equity Class 1 Shares | 242,670.254 | 435,351 | 458,647 | 5 | 458,652 | 222,217 | 1.452632 | 2.334540 | ||||||||||||||||||||||||
| Allspring VT International Equity Class 2 Shares | 12,776.411 | 25,413 | 25,042 | (7) | 25,035 | 10,371 | 2.111401 | 11.403931 | ||||||||||||||||||||||||
| Allspring VT Opportunity Class 1 Shares | 56,629.267 | 1,396,640 | 1,470,096 | 8 | 1,470,104 | 403,660 | 3.225516 | 3.753106 | ||||||||||||||||||||||||
| Allspring VT Opportunity Class 2 Shares | 3,303.598 | 83,198 | 85,861 | 4 | 85,865 | 24,318 | 3.321898 | 18.362653 | ||||||||||||||||||||||||
| Allspring VT Small Cap Growth Class 1 Shares | 84,822.640 | 881,693 | 711,662 | 11 | 711,673 | 231,134 | 2.129427 | 3.291295 | ||||||||||||||||||||||||
| Allspring VT Small Cap Growth Class 2 Shares | 12,875.909 | 126,891 | 101,205 | (3) | 101,202 | 33,311 | 2.766380 | 15.314329 | ||||||||||||||||||||||||
| BNY Mellon Stock Index Initial Shares | 26,184.200 | 1,358,133 | 1,808,805 | (31) | 1,808,774 | 359,005 | 4.296608 | 5.148000 | ||||||||||||||||||||||||
| BNY Mellon Stock Index Service Shares | 328.078 | 19,247 | 22,726 | - | 22,726 | 6,513 | 3.489065 | 4.582354 | ||||||||||||||||||||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares | 5,010.655 | 189,661 | 225,379 | 26 | 225,405 | 95,675 | 2.355934 | 18.348909 | ||||||||||||||||||||||||
| BNY Mellon VIF Appreciation Initial Shares | 61,093.427 | 2,254,495 | 2,139,492 | (6) | 2,139,486 | 405,541 | 4.840079 | 20.766381 | ||||||||||||||||||||||||
| BNY Mellon VIF Government Money Market | 746,463.640 | 746,464 | 746,464 | (38) | 746,426 | 689,481 | 0.733479 | 1.115787 | ||||||||||||||||||||||||
| BNY Mellon VIF Growth and Income Initial Shares | 32,539.681 | 964,863 | 1,051,682 | (23) | 1,051,659 | 224,999 | 4.673961 | 20.445274 | ||||||||||||||||||||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares | 30,651.795 | 1,393,259 | 1,285,230 | (10) | 1,285,220 | 461,149 | 2.778548 | 12.773776 | ||||||||||||||||||||||||
| Columbia - Dividend Opportunity Class 1 Shares | 20,139.868 | 362,378 | 790,288 | (9) | 790,279 | 323,782 | 2.121674 | 14.875280 | ||||||||||||||||||||||||
| Columbia - Income Opportunity Class 1 Shares | 180,923.771 | 1,319,362 | 1,148,866 | 21 | 1,148,887 | 865,367 | 1.181805 | 1.375917 | ||||||||||||||||||||||||
| Columbia - Large Cap Growth Class 1 Shares | 104,522.148 | 1,406,249 | 3,896,586 | 41 | 3,896,627 | 1,458,038 | 2.467763 | 2.752758 | ||||||||||||||||||||||||
| Columbia - Overseas Core Class 2 Shares | 94,165.591 | 1,213,806 | 1,244,869 | (8) | 1,244,861 | 933,025 | 1.236090 | 1.378881 | ||||||||||||||||||||||||
| Columbia - Select Mid Cap Growth Class 1 Shares | 24,647.298 | 422,435 | 1,118,987 | (9) | 1,118,978 | 428,743 | 2.336061 | 2.719948 | ||||||||||||||||||||||||
| Columbia - Select Mid Cap Value Class 1 Shares | 5,684.446 | 93,156 | 209,415 | 2 | 209,417 | 76,674 | 2.384642 | 15.341672 | ||||||||||||||||||||||||
| Columbia - Small Cap Value Class 1 Shares | 63,631.069 | 851,209 | 825,931 | (25) | 825,906 | 181,410 | 1.804314 | 14.785745 | ||||||||||||||||||||||||
| Columbia - Small Company Growth Class 1 Shares | 1,977.907 | 28,415 | 23,043 | 3 | 23,046 | 5,265 | 2.912964 | 20.130996 | ||||||||||||||||||||||||
| Columbia - Strategic Income Class 1 Shares | 146,500.927 | 586,689 | 542,053 | - | 542,053 | 262,678 | 1.732308 | 10.406236 | ||||||||||||||||||||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares | 56,159.361 | 1,308,019 | 3,313,964 | 25 | 3,313,989 | 1,292,445 | 2.353146 | 2.624907 | ||||||||||||||||||||||||
| Davis Value | 448,173.406 | 3,222,356 | 2,796,602 | (33) | 2,796,569 | 854,400 | 2.851430 | 4.475495 | ||||||||||||||||||||||||
| Federated Hermes Government Money II Service Shares | 2,388,363.330 | 2,388,363 | 2,388,363 | (31) | 2,388,332 | 2,485,803 | 0.844910 | 9.204999 | ||||||||||||||||||||||||
| Federated Hermes High Income Bond II Primary Shares | 279,289.651 | 1,683,356 | 1,580,779 | 22 | 1,580,801 | 573,437 | 1.375762 | 10.900982 | ||||||||||||||||||||||||
| Federated Hermes Kaufmann II Primary Shares | 84,687.081 | 1,564,844 | 1,473,555 | 14 | 1,473,569 | 303,755 | 2.876963 | 15.758192 | ||||||||||||||||||||||||
| Federated Hermes Kaufmann II Service Shares | 61,183.126 | 1,053,289 | 964,858 | (2) | 964,856 | 257,104 | 3.231211 | 15.313072 | ||||||||||||||||||||||||
| Federated Hermes Managed Volatility II Primary Shares | 76,797.362 | 740,430 | 692,712 | (5) | 692,707 | 323,306 | 1.813004 | 12.168648 | ||||||||||||||||||||||||
| Federated Hermes Managed Volatility II Service Shares | 29,536.511 | 298,496 | 271,736 | (1) | 271,735 | 236,394 | 1.103037 | 11.476623 | ||||||||||||||||||||||||
| Federated Hermes Quality Bond II Primary Shares | 9,390.437 | 101,050 | 95,219 | 9 | 95,228 | 57,922 | 1.391692 | 9.760740 | ||||||||||||||||||||||||
| Fidelity® VIP Asset Manager Initial Class | 53,823.283 | 804,801 | 841,796 | 22 | 841,818 | 261,096 | 1.296652 | 13.025798 | ||||||||||||||||||||||||
| Fidelity® VIP Asset Manager: Growth Initial Class | 21,280.650 | 388,523 | 455,619 | (12) | 455,607 | 129,678 | 1.279672 | 3.578920 | ||||||||||||||||||||||||
| Fidelity® VIP Balanced Initial Class | 94,529.874 | 1,832,092 | 2,109,907 | (18) | 2,109,889 | 450,089 | 1.947073 | 4.801879 | ||||||||||||||||||||||||
| Fidelity® VIP Balanced Service Class 2 | 13,507.049 | 258,290 | 290,942 | (4) | 290,938 | 88,824 | 2.864228 | 16.459560 | ||||||||||||||||||||||||
| Fidelity® VIP Contrafund® Initial Class | 176,167.067 | 6,454,860 | 8,567,004 | (12) | 8,566,992 | 884,013 | 3.167030 | 10.019631 | ||||||||||||||||||||||||
| Fidelity® VIP Contrafund® Service Class 2 | 188,748.335 | 7,257,502 | 8,839,085 | 42 | 8,839,127 | 1,977,082 | 3.139079 | 21.929240 | ||||||||||||||||||||||||
| See accompanying notes. |
2 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Number of Shares | Cost | Assets at Market Value |
Due (to)/from General Account |
Net Assets | Units Outstanding | Range of Unit Values | |||||||||||||||||||||||||
| Fidelity® VIP Equity-Income Initial Class | 134,591.918 | $ | 2,991,278 | $ | 3,344,609 | $ | 7 | $ | 3,344,616 | 664,959 | $ | 1.939495 | $ | 15.385394 | ||||||||||||||||||
| Fidelity® VIP Equity-Income Service Class 2 | 236,547.884 | 5,110,994 | 5,655,860 | 51 | 5,655,911 | 1,750,727 | 2.368621 | 16.472590 | ||||||||||||||||||||||||
| Fidelity® VIP Government Money Market Initial Class | 688,440.820 | 688,441 | 688,441 | (4) | 688,437 | 547,969 | 0.617757 | 9.371468 | ||||||||||||||||||||||||
| Fidelity® VIP Government Money Market Service Class 2 | 197,926.160 | 197,926 | 197,926 | (6) | 197,920 | 192,704 | 0.844902 | 1.052006 | ||||||||||||||||||||||||
| Fidelity® VIP Growth Initial Class | 71,454.678 | 5,554,153 | 6,652,431 | (12) | 6,652,419 | 767,929 | 2.477279 | 9.052227 | ||||||||||||||||||||||||
| Fidelity® VIP Growth Service Class 2 | 30,340.970 | 2,172,491 | 2,728,260 | 12 | 2,728,272 | 649,307 | 3.445543 | 29.399386 | ||||||||||||||||||||||||
| Fidelity® VIP Growth & Income Initial Class | 103,575.323 | 2,164,371 | 2,800,677 | 8 | 2,800,685 | 493,135 | 1.989195 | 6.058203 | ||||||||||||||||||||||||
| Fidelity® VIP Growth & Income Service Class 2 | 14,721.029 | 304,465 | 384,513 | 20 | 384,533 | 113,004 | 3.124838 | 17.317109 | ||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Initial Class | 49,124.985 | 2,191,225 | 2,935,709 | 18 | 2,935,727 | 404,787 | 2.670818 | 7.451510 | ||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class | 30,135.405 | 1,500,097 | 1,792,153 | 28 | 1,792,181 | 257,194 | 6.114695 | 8.012575 | ||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class 2 | 12,506.826 | 501,486 | 725,271 | 35 | 725,306 | 130,990 | 4.064768 | 29.666918 | ||||||||||||||||||||||||
| Fidelity® VIP High Income Initial Class | 155,805.023 | 816,094 | 716,703 | (8) | 716,695 | 334,159 | 1.044731 | 10.552528 | ||||||||||||||||||||||||
| Fidelity® VIP High Income Service Class | 116,255.132 | 609,087 | 530,123 | 3 | 530,126 | 224,575 | 1.106145 | 2.557697 | ||||||||||||||||||||||||
| Fidelity® VIP High Income Service Class 2 | 61,981.377 | 313,329 | 271,478 | 18 | 271,496 | 136,467 | 1.778551 | 10.381025 | ||||||||||||||||||||||||
| Fidelity® VIP Index 500 Initial Class | 36,135.636 | 8,654,325 | 16,687,075 | 144 | 16,687,219 | 2,498,003 | 2.172820 | 19.919718 | ||||||||||||||||||||||||
| Fidelity® VIP Index 500 Service Class 2 | 3,395.880 | 966,705 | 1,546,076 | (46) | 1,546,030 | 282,957 | 4.060799 | 19.573441 | ||||||||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Initial Class | 268,632.610 | 3,433,410 | 3,000,626 | 2 | 3,000,628 | 1,515,785 | 0.998879 | 9.668338 | ||||||||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 | 43,808.191 | 548,251 | 474,005 | 5 | 474,010 | 270,109 | 1.129816 | 9.507077 | ||||||||||||||||||||||||
| Fidelity® VIP Mid Cap Initial Class | 92,798.662 | 3,243,246 | 3,381,583 | (2) | 3,381,581 | 338,220 | 2.778596 | 10.914059 | ||||||||||||||||||||||||
| Fidelity® VIP Mid Cap Service Class 2 | 172,728.102 | 5,810,393 | 5,991,938 | (28) | 5,991,910 | 1,111,190 | 2.217828 | 16.514750 | ||||||||||||||||||||||||
| Fidelity® VIP Overseas Initial Class | 29,171.341 | 597,109 | 753,204 | (4) | 753,200 | 258,115 | 1.108424 | 15.117410 | ||||||||||||||||||||||||
| Fidelity® VIP Value Strategies Service Class 2 | 140,133.966 | 1,942,521 | 2,347,244 | (41) | 2,347,203 | 539,893 | 2.865348 | 19.215689 | ||||||||||||||||||||||||
| Franklin Income Class 2 Shares | 8,936.036 | 132,864 | 126,892 | (7) | 126,885 | 66,659 | 1.803442 | 13.466560 | ||||||||||||||||||||||||
| Franklin Mutual Shares Class 2 Shares | 206,922.745 | 3,468,102 | 3,172,126 | (78) | 3,172,048 | 1,139,210 | 1.687859 | 13.049913 | ||||||||||||||||||||||||
| Franklin Rising Dividends Class 2 Shares | 51,030.517 | 1,317,422 | 1,374,252 | (7) | 1,374,245 | 273,585 | 2.094750 | 5.451252 | ||||||||||||||||||||||||
| Franklin Small Cap Value Class 2 Shares | 73,120.437 | 1,046,895 | 970,308 | 13 | 970,321 | 184,222 | 2.508139 | 13.533048 | ||||||||||||||||||||||||
| Franklin Small-Mid Cap Growth Class 2 Shares | 276,980.644 | 4,099,018 | 3,689,382 | 15 | 3,689,397 | 897,516 | 2.346066 | 17.971242 | ||||||||||||||||||||||||
| Franklin Templeton Developing Markets Class 2 Shares | 54,581.787 | 465,284 | 449,208 | (11) | 449,197 | 176,276 | 0.880465 | 3.514858 | ||||||||||||||||||||||||
| Franklin Templeton Foreign Class 2 Shares | 109,842.583 | 1,488,687 | 1,564,158 | 14 | 1,564,172 | 876,962 | 1.128040 | 11.688819 | ||||||||||||||||||||||||
| Invesco V.I. American Franchise Series I Shares | 37,332.457 | 2,079,318 | 2,201,122 | 1 | 2,201,123 | 626,010 | 3.278094 | 21.506938 | ||||||||||||||||||||||||
| Invesco V.I. American Franchise Series II Shares | 5,614.865 | 278,148 | 298,767 | (12) | 298,755 | 87,068 | 2.905048 | 23.034725 | ||||||||||||||||||||||||
| Invesco V.I. American Value Series II Shares | 66,021.016 | 988,949 | 906,469 | 2 | 906,471 | 78,960 | 10.963911 | 11.584746 | ||||||||||||||||||||||||
| Invesco V.I. Capital Appreciation Series I Shares | 157,473.696 | 7,476,509 | 7,412,287 | (99) | 7,412,188 | 1,477,335 | 3.486176 | 21.250928 | ||||||||||||||||||||||||
| Invesco V.I. Capital Appreciation Series II Shares | 11,958.824 | 556,544 | 533,842 | (14) | 533,828 | 131,151 | 2.937699 | 20.880320 | ||||||||||||||||||||||||
| Invesco V.I. Comstock Series II Shares | 52,999.695 | 904,703 | 1,037,734 | 7 | 1,037,741 | 281,476 | 3.132352 | 15.769547 | ||||||||||||||||||||||||
| Invesco V.I. Conservative Balanced Series I Shares | 68,423.023 | 1,017,417 | 1,050,978 | (6) | 1,050,972 | 514,734 | 1.355386 | 2.314144 | ||||||||||||||||||||||||
| Invesco V.I. Conservative Balanced Series II Shares | 1,149.697 | 15,120 | 17,349 | (2) | 17,347 | 9,162 | 1.643210 | 11.947318 | ||||||||||||||||||||||||
| Invesco V.I. Core Equity Series I Shares | 223,075.325 | 6,760,810 | 6,533,876 | (33) | 6,533,843 | 1,810,276 | 2.415933 | 15.557053 | ||||||||||||||||||||||||
| Invesco V.I. Core Equity Series II Shares | 33,277.310 | 972,122 | 969,035 | (27) | 969,008 | 334,953 | 1.593170 | 15.448416 | ||||||||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares | 2,227.169 | 146,728 | 120,289 | - | 120,289 | 9,117 | 12.617420 | 13.294687 | ||||||||||||||||||||||||
| Invesco V.I. Equity and Income Series II Shares | 146,911.223 | 2,463,443 | 2,403,468 | 27 | 2,403,495 | 785,533 | 1.938253 | 13.163389 | ||||||||||||||||||||||||
| Invesco V.I. EQV International Equity Series I Shares | 11,327.354 | 390,314 | 386,149 | (2) | 386,147 | 144,988 | 1.413256 | 2.961704 | ||||||||||||||||||||||||
| See accompanying notes. |
3 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Number of Shares | Cost | Assets at Market Value |
Due (to)/from General Account |
Net Assets | Units Outstanding | Range of Unit Values | |||||||||||||||||||||||||
| Invesco V.I. EQV International Equity Series II Shares | 1,714.793 | $ | 59,167 | $ | 57,394 | $ | - | $ | 57,394 | 15,545 | $ | 3.130017 | $ | 12.993888 | ||||||||||||||||||
| Invesco V.I. Global Series I Shares | 54,683.419 | 2,078,853 | 1,999,226 | 33 | 1,999,259 | 314,374 | 2.068097 | 7.580323 | ||||||||||||||||||||||||
| Invesco V.I. Global Series II Shares | 1,014.073 | 35,501 | 36,000 | (14) | 35,986 | 8,731 | 3.554246 | 17.185821 | ||||||||||||||||||||||||
| Invesco V.I. Global Strategic Income Series I Shares | 267,085.408 | 1,304,049 | 1,145,796 | (1) | 1,145,795 | 568,699 | 0.945470 | 9.150070 | ||||||||||||||||||||||||
| Invesco V.I. Global Strategic Income Series II Shares | 76,814.351 | 391,086 | 339,519 | - | 339,519 | 217,388 | 0.895499 | 8.999638 | ||||||||||||||||||||||||
| Invesco V.I. Government Securities Series I Shares | 23,862.188 | 280,429 | 246,258 | 10 | 246,268 | 162,783 | 0.952665 | 1.535264 | ||||||||||||||||||||||||
| Invesco V.I. Government Securities Series II Shares | 22,898.126 | 262,155 | 234,248 | (5) | 234,243 | 199,991 | 0.859742 | 1.295829 | ||||||||||||||||||||||||
| Invesco V.I. Main Street Series I Shares | 185,176.638 | 3,994,721 | 3,373,918 | (9) | 3,373,909 | 801,419 | 2.438441 | 4.569255 | ||||||||||||||||||||||||
| Invesco V.I. Main Street Series II Shares | 31,284.715 | 674,086 | 555,929 | 2 | 555,931 | 128,623 | 3.062891 | 16.633736 | ||||||||||||||||||||||||
| Invesco V.I. Main Street Mid Cap Series II Shares | 24,464.400 | 255,478 | 229,721 | (11) | 229,710 | 70,768 | 2.552925 | 13.849428 | ||||||||||||||||||||||||
| Invesco V.I. Main Street Small Cap Series II Shares | 1,901.778 | 46,999 | 50,017 | (1) | 50,016 | 8,259 | 4.251937 | 15.328779 | ||||||||||||||||||||||||
| Janus Henderson - Balanced Service Shares | 58,533.871 | 1,999,125 | 2,812,553 | (12) | 2,812,541 | 841,866 | 3.340818 | 15.326005 | ||||||||||||||||||||||||
| Janus Henderson - Enterprise Service Shares | 19,598.361 | 1,204,781 | 1,339,940 | (10) | 1,339,930 | 503,560 | 2.391735 | 21.118645 | ||||||||||||||||||||||||
| Janus Henderson - Forty Service Shares | 5,004.056 | 180,819 | 212,622 | 8 | 212,630 | 51,642 | 4.117350 | 23.688137 | ||||||||||||||||||||||||
| Janus Henderson - Global Research Service Shares | 21,790.056 | 858,599 | 1,286,049 | 22 | 1,286,071 | 741,652 | 1.571046 | 19.727598 | ||||||||||||||||||||||||
| Janus Henderson - Mid Cap Value Service Shares | 6,563.280 | 100,783 | 109,738 | (8) | 109,730 | 36,971 | 2.015219 | 12.705783 | ||||||||||||||||||||||||
| Janus Henderson - Overseas Service Shares | 25,260.296 | 786,585 | 1,012,433 | (1) | 1,012,432 | 589,999 | 1.677769 | 15.637056 | ||||||||||||||||||||||||
| Janus Henderson - Research Service Shares | 18,845.957 | 644,521 | 811,507 | (23) | 811,484 | 322,000 | 2.520123 | 22.086665 | ||||||||||||||||||||||||
| LVIP JPMorgan Core Bond Standard Shares | 209,497.518 | 2,057,672 | 2,068,788 | (4) | 2,068,784 | 1,332,670 | 1.265019 | 1.997104 | ||||||||||||||||||||||||
| LVIP JPMorgan Mid Cap Value Standard Shares | 94,743.635 | 884,039 | 963,827 | - | 963,827 | 206,086 | 3.400968 | 6.488657 | ||||||||||||||||||||||||
| LVIP JPMorgan U.S. Equity Standard Shares | 43,540.974 | 1,427,089 | 1,638,273 | - | 1,638,273 | 436,955 | 3.410489 | 4.578811 | ||||||||||||||||||||||||
| MFS® Core Equity Initial Class | 1,133.282 | 28,060 | 31,358 | (2) | 31,356 | 13,362 | 2.327416 | 20.168374 | ||||||||||||||||||||||||
| MFS® Growth Initial Class | 72,483.159 | 3,901,951 | 4,370,010 | (18) | 4,369,992 | 676,248 | 5.557688 | 23.342093 | ||||||||||||||||||||||||
| MFS® Growth Service Class | 20,144.137 | 952,502 | 1,121,626 | 54 | 1,121,680 | 160,650 | 4.498367 | 22.929897 | ||||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Initial Class | 2,699.801 | 52,846 | 61,096 | (1) | 61,095 | 23,362 | 2.599887 | 23.316412 | ||||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Service Class | 53,411.668 | 1,122,313 | 1,180,398 | 8 | 1,180,406 | 445,752 | 2.415341 | 22.754716 | ||||||||||||||||||||||||
| MFS® New Discovery Initial Class | 24,936.156 | 423,585 | 322,674 | (13) | 322,661 | 102,367 | 3.091956 | 17.527677 | ||||||||||||||||||||||||
| MFS® New Discovery Service Class | 34,910.165 | 506,179 | 352,593 | 2 | 352,595 | 74,206 | 2.487221 | 18.788057 | ||||||||||||||||||||||||
| MFS® Research Initial Class | 47,720.353 | 1,359,522 | 1,525,620 | (34) | 1,525,586 | 318,458 | 3.625456 | 19.219871 | ||||||||||||||||||||||||
| MFS® Research Service Class | 32,493.196 | 927,774 | 1,017,687 | (55) | 1,017,632 | 197,674 | 3.550972 | 18.883430 | ||||||||||||||||||||||||
| MFS® Total Return Initial Class | 234,004.780 | 5,316,478 | 5,442,951 | 22 | 5,442,973 | 1,718,906 | 1.894698 | 3.571953 | ||||||||||||||||||||||||
| MFS® Total Return Service Class | 96,049.193 | 2,179,701 | 2,178,396 | (6) | 2,178,390 | 859,313 | 2.140425 | 14.330566 | ||||||||||||||||||||||||
| MFS® Total Return Bond Initial Class | 11,266.187 | 149,029 | 131,814 | (7) | 131,807 | 66,982 | 1.949484 | 9.577423 | ||||||||||||||||||||||||
| MFS® Total Return Bond Service Class | 74,390.348 | 949,685 | 853,257 | 2 | 853,259 | 571,806 | 1.275583 | 9.341682 | ||||||||||||||||||||||||
| MFS® Utilities Initial Class | 133,103.227 | 4,081,469 | 4,292,579 | 4 | 4,292,583 | 767,093 | 2.743958 | 14.607985 | ||||||||||||||||||||||||
| MFS® Utilities Service Class | 23,315.779 | 700,665 | 735,380 | (7) | 735,373 | 121,898 | 3.628192 | 14.360038 | ||||||||||||||||||||||||
| Putnam VT Core Equity Class IB Shares | 14.431 | 238 | 272 | 11 | 283 | 84 | 3.247939 | 20.502835 | ||||||||||||||||||||||||
| Putnam VT Diversified Income Class IB Shares | 45,190.249 | 255,701 | 210,135 | - | 210,135 | 121,245 | 0.898695 | 9.340863 | ||||||||||||||||||||||||
| Putnam VT Focused International Equity Class IB Shares | 58,799.595 | 830,118 | 838,482 | 69 | 838,551 | 365,673 | 2.102668 | 3.427908 | ||||||||||||||||||||||||
| Putnam VT George Putnam Balanced Class IB Shares | 52,623.157 | 532,540 | 718,832 | (10) | 718,822 | 267,775 | 1.684546 | 15.248334 | ||||||||||||||||||||||||
| Putnam VT Global Health Care Class IB Shares | 11,189.783 | 172,086 | 181,498 | 3 | 181,501 | 36,431 | 1.897188 | 18.216623 | ||||||||||||||||||||||||
| Putnam VT Government Money Market Class IB Shares | 1,927,304.301 | 1,927,304 | 1,927,304 | (77) | 1,927,227 | 2,003,452 | 0.768886 | 1.091627 | ||||||||||||||||||||||||
| See accompanying notes. |
4 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Number of Shares | Cost | Assets at Market Value |
Due (to)/from General Account |
Net Assets | Units Outstanding | Range of Unit Values | |||||||||||||||||||||||||
| Putnam VT Income Class IB Shares | 16,824.419 | $ | 184,851 | $ | 139,474 | $ | 5 | $ | 139,479 | 78,761 | $ | 1.714723 | $ | 9.061545 | ||||||||||||||||||
| Putnam VT International Equity Class IB Shares | 3,789.593 | 49,611 | 57,867 | (14) | 57,853 | 32,791 | 1.728022 | 13.328116 | ||||||||||||||||||||||||
| Putnam VT Large Cap Growth Class IB Shares | 61,469.733 | 645,602 | 828,612 | 35 | 828,647 | 250,177 | 2.280987 | 6.846650 | ||||||||||||||||||||||||
| Putnam VT Large Cap Value Class IB Shares | 101,757.618 | 2,433,881 | 2,932,655 | (31) | 2,932,624 | 566,260 | 2.851401 | 19.298572 | ||||||||||||||||||||||||
| Putnam VT Research Class IB Shares | 5,241.270 | 117,552 | 181,820 | (16) | 181,804 | 42,404 | 3.854112 | 20.674004 | ||||||||||||||||||||||||
| Putnam VT Sustainable Leaders Class IB Shares | 239.294 | 7,999 | 9,476 | (14) | 9,462 | 1,439 | 6.455239 | 22.270634 | ||||||||||||||||||||||||
| TA Aegon Bond Initial Class | 665,476.983 | 7,355,352 | 6,441,817 | 20 | 6,441,837 | 4,287,143 | 0.878444 | 9.274124 | ||||||||||||||||||||||||
| TA Aegon Bond Service Class | 285,968.872 | 3,197,788 | 2,742,441 | 36 | 2,742,477 | 1,853,610 | 0.951430 | 9.941058 | ||||||||||||||||||||||||
| TA Aegon Core Bond Initial Class | 131,119.927 | 1,653,790 | 1,438,386 | (3) | 1,438,383 | 950,443 | 0.884260 | 1.702376 | ||||||||||||||||||||||||
| TA Aegon High Yield Bond Initial Class | 401,556.754 | 2,937,801 | 2,746,648 | 11 | 2,746,659 | 1,129,982 | 1.210632 | 11.171126 | ||||||||||||||||||||||||
| TA Aegon High Yield Bond Service Class | 41,035.789 | 312,231 | 286,840 | 9 | 286,849 | 123,827 | 2.033051 | 11.956197 | ||||||||||||||||||||||||
| TA Aegon Sustainable Equity Income Initial Class | 574,631.970 | 10,883,891 | 10,492,780 | 133 | 10,492,913 | 4,369,247 | 1.688324 | 11.329728 | ||||||||||||||||||||||||
| TA Aegon Sustainable Equity Income Service Class | 89,229.851 | 1,664,552 | 1,633,799 | 21 | 1,633,820 | 656,965 | 1.791483 | 12.131004 | ||||||||||||||||||||||||
| TA Aegon U.S. Government Securities Initial Class | 236,799.681 | 2,288,002 | 2,159,613 | (19) | 2,159,594 | 1,740,118 | 1.062442 | 8.928273 | ||||||||||||||||||||||||
| TA Aegon U.S. Government Securities Service Class | 248,295.682 | 2,517,324 | 2,351,360 | (18) | 2,351,342 | 1,863,050 | 1.060434 | 9.563438 | ||||||||||||||||||||||||
| TA BlackRock Government Money Market Initial Class | 6,443,011.148 | 6,443,011 | 6,443,011 | (696) | 6,442,315 | 7,474,865 | 0.725781 | 9.411986 | ||||||||||||||||||||||||
| TA BlackRock Government Money Market Service Class | 4,043,422.071 | 4,043,422 | 4,043,422 | (98) | 4,043,324 | 4,035,924 | 0.850792 | 10.002413 | ||||||||||||||||||||||||
| TA BlackRock iShares Edge 40 Initial Class | 134,423.005 | 1,255,626 | 1,161,415 | 11 | 1,161,426 | 621,844 | 1.168884 | 11.087814 | ||||||||||||||||||||||||
| TA BlackRock iShares Edge 40 Service Class | 36,898.152 | 346,508 | 316,217 | 3 | 316,220 | 193,725 | 1.351225 | 11.954654 | ||||||||||||||||||||||||
| TA BlackRock Real Estate Securities Initial Class | 30,410.141 | 327,109 | 295,587 | - | 295,587 | 102,043 | 1.400696 | 10.948024 | ||||||||||||||||||||||||
| TA BlackRock Real Estate Securities Service Class | 19,282.979 | 217,919 | 201,507 | - | 201,507 | 86,166 | 1.402994 | 11.743212 | ||||||||||||||||||||||||
| TA International Focus Initial Class | 104,056.276 | 886,344 | 902,168 | 34 | 902,202 | 506,589 | 1.240420 | 10.565488 | ||||||||||||||||||||||||
| TA International Focus Service Class | 88,380.978 | 714,200 | 747,703 | (1) | 747,702 | 290,921 | 1.665248 | 14.578448 | ||||||||||||||||||||||||
| TA Janus Mid-Cap Growth Initial Class | 273,005.699 | 8,709,095 | 8,334,864 | (52) | 8,334,812 | 1,864,187 | 2.365559 | 19.669241 | ||||||||||||||||||||||||
| TA Janus Mid-Cap Growth Service Class | 16,729.773 | 512,973 | 464,586 | (19) | 464,567 | 114,776 | 3.361744 | 21.075514 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class | 1,120,760.889 | 11,204,720 | 9,660,959 | (14) | 9,660,945 | 5,105,337 | 1.205817 | 11.107391 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Service Class | 1,643,032.391 | 16,252,911 | 13,949,345 | 65 | 13,949,410 | 7,631,531 | 1.152240 | 11.890522 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Initial Class | 708,008.100 | 7,697,374 | 7,334,964 | (2) | 7,334,962 | 2,377,051 | 1.844280 | 16.387707 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Service Class | 797,360.811 | 8,872,211 | 8,125,107 | (10) | 8,125,097 | 2,649,762 | 2.110168 | 16.101998 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class | 1,618,940.079 | 18,373,596 | 16,594,136 | (90) | 16,594,046 | 7,603,630 | 1.283665 | 12.154238 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Service Class | 3,594,312.886 | 39,830,041 | 36,158,788 | 487 | 36,159,275 | 16,394,992 | 1.701541 | 11.949149 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class | 2,568,261.123 | 29,521,963 | 25,888,072 | 28 | 25,888,100 | 10,102,270 | 1.470803 | 13.610945 | ||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class | 8,344,110.090 | 94,206,475 | 82,272,925 | 18 | 82,272,943 | 33,721,222 | 1.878032 | 14.582372 | ||||||||||||||||||||||||
| TA JPMorgan Enhanced Index Initial Class | 144,549.990 | 3,353,621 | 3,456,190 | (46) | 3,456,144 | 1,083,837 | 2.888344 | 16.739845 | ||||||||||||||||||||||||
| TA JPMorgan Enhanced Index Service Class | 38,940.956 | 796,454 | 925,237 | (7) | 925,230 | 192,663 | 3.916872 | 21.640094 | ||||||||||||||||||||||||
| TA JPMorgan International Moderate Growth Initial Class | 35,585.581 | 346,231 | 325,964 | 8 | 325,972 | 237,093 | 1.226848 | 12.111459 | ||||||||||||||||||||||||
| TA JPMorgan International Moderate Growth Service Class | 622,687.072 | 5,753,282 | 5,635,318 | 21 | 5,635,339 | 4,073,864 | 1.173011 | 12.968083 | ||||||||||||||||||||||||
| TA JPMorgan Mid Cap Value Initial Class | 95,700.266 | 1,486,402 | 1,385,740 | 7 | 1,385,747 | 349,968 | 2.387925 | 13.952600 | ||||||||||||||||||||||||
| TA JPMorgan Tactical Allocation Initial Class | 41,682.323 | 579,184 | 512,693 | (17) | 512,676 | 287,497 | 1.115517 | 10.903513 | ||||||||||||||||||||||||
| TA JPMorgan Tactical Allocation Service Class | 40,698.834 | 603,100 | 536,411 | (7) | 536,404 | 336,997 | 1.184001 | 10.648686 | ||||||||||||||||||||||||
| TA Multi-Managed Balanced Initial Class | 179,038.339 | 2,741,569 | 2,751,819 | (2) | 2,751,817 | 786,479 | 2.112287 | 15.049426 | ||||||||||||||||||||||||
| TA Multi-Managed Balanced Service Class | 1,245,152.351 | 18,045,893 | 18,552,770 | (41) | 18,552,729 | 5,782,028 | 2.827569 | 16.189896 | ||||||||||||||||||||||||
| See accompanying notes. |
5 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Number of Shares | Cost | Assets at Market Value |
Due (to)/from General Account |
Net Assets | Units Outstanding | Range of Unit Values | |||||||||||||||||||||||||
| TA Small/Mid Cap Value Initial Class | 183,464.544 | $ | 3,498,667 | $ | 3,478,488 | $ | (11) | $ | 3,478,477 | 371,799 | $ | 2.136360 | $ | 19.574900 | ||||||||||||||||||
| TA T. Rowe Price Small Cap Initial Class | 189,537.019 | 2,422,164 | 2,158,827 | (2) | 2,158,825 | 512,843 | 2.661368 | 13.361773 | ||||||||||||||||||||||||
| TA T. Rowe Price Small Cap Service Class | 71,586.871 | 798,354 | 701,551 | 18 | 701,569 | 146,785 | 3.787780 | 17.375812 | ||||||||||||||||||||||||
| TA TS&W International Equity Initial Class | 52,891.030 | 722,835 | 764,275 | 30 | 764,305 | 542,519 | 1.360091 | 10.329201 | ||||||||||||||||||||||||
| TA TS&W International Equity Service Class | 33,585.279 | 425,116 | 480,605 | (13) | 480,592 | 236,034 | 1.414491 | 13.557155 | ||||||||||||||||||||||||
| TA WMC US Growth Initial Class | 1,171,292.782 | 36,736,820 | 41,990,846 | 76 | 41,990,922 | 12,926,340 | 2.621532 | 24.233473 | ||||||||||||||||||||||||
| TA WMC US Growth Service Class | 175,541.052 | 5,478,373 | 5,968,396 | (5) | 5,968,391 | 1,101,171 | 3.810678 | 25.949520 | ||||||||||||||||||||||||
| Wanger Acorn | 74,769.783 | 1,143,810 | 996,681 | (58) | 996,623 | 261,132 | 3.170168 | 14.057709 | ||||||||||||||||||||||||
| See accompanying notes. |
6 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Net Assets Representing: Accumulation Units |
Net
Assets in Payout |
Total Net Assets | |||||||||||||
| AB Large Cap Growth Class B Shares |
$ | 2,656,726 | $ | - | $ | 2,656,726 | ||||||||||
| AB Relative Value Class B Shares |
2,040,367 | 26,829 | 2,067,196 | |||||||||||||
| AB Sustainable Global Thematic Growth Class B Shares |
717,966 | 70,726 | 788,692 | |||||||||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares |
1,111,269 | 41,788 | 1,153,057 | |||||||||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares |
202,783 | - | 202,783 | |||||||||||||
| Allspring VT International Equity Class 1 Shares |
439,748 | 18,904 | 458,652 | |||||||||||||
| Allspring VT International Equity Class 2 Shares |
25,035 | - | 25,035 | |||||||||||||
| Allspring VT Opportunity Class 1 Shares |
1,369,923 | 100,181 | 1,470,104 | |||||||||||||
| Allspring VT Opportunity Class 2 Shares |
85,865 | - | 85,865 | |||||||||||||
| Allspring VT Small Cap Growth Class 1 Shares |
651,964 | 59,709 | 711,673 | |||||||||||||
| Allspring VT Small Cap Growth Class 2 Shares |
101,202 | - | 101,202 | |||||||||||||
| BNY Mellon Stock Index Initial Shares |
1,802,947 | 5,827 | 1,808,774 | |||||||||||||
| BNY Mellon Stock Index Service Shares |
- | 22,726 | 22,726 | |||||||||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares |
225,405 | - | 225,405 | |||||||||||||
| BNY Mellon VIF Appreciation Initial Shares |
2,139,486 | - | 2,139,486 | |||||||||||||
| BNY Mellon VIF Government Money Market |
686,923 | 59,503 | 746,426 | |||||||||||||
| BNY Mellon VIF Growth and Income Initial Shares |
1,045,752 | 5,907 | 1,051,659 | |||||||||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares |
1,285,220 | - | 1,285,220 | |||||||||||||
| Columbia - Dividend Opportunity Class 1 Shares |
744,416 | 45,863 | 790,279 | |||||||||||||
| Columbia - Income Opportunity Class 1 Shares |
1,125,154 | 23,733 | 1,148,887 | |||||||||||||
| Columbia - Large Cap Growth Class 1 Shares |
3,707,344 | 189,283 | 3,896,627 | |||||||||||||
| Columbia - Overseas Core Class 2 Shares |
1,073,020 | 171,841 | 1,244,861 | |||||||||||||
| Columbia - Select Mid Cap Growth Class 1 Shares |
1,050,479 | 68,499 | 1,118,978 | |||||||||||||
| Columbia - Select Mid Cap Value Class 1 Shares |
193,830 | 15,587 | 209,417 | |||||||||||||
| Columbia - Small Cap Value Class 1 Shares |
814,166 | 11,740 | 825,906 | |||||||||||||
| Columbia - Small Company Growth Class 1 Shares |
16,452 | 6,594 | 23,046 | |||||||||||||
| Columbia - Strategic Income Class 1 Shares |
533,071 | 8,982 | 542,053 | |||||||||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares |
3,166,082 | 147,907 | 3,313,989 | |||||||||||||
| Davis Value |
2,712,123 | 84,446 | 2,796,569 | |||||||||||||
| Federated Hermes Government Money II Service Shares |
2,362,140 | 26,192 | 2,388,332 | |||||||||||||
| Federated Hermes High Income Bond II Primary Shares |
1,562,683 | 18,118 | 1,580,801 | |||||||||||||
| Federated Hermes Kaufmann II Primary Shares |
1,350,924 | 122,645 | 1,473,569 | |||||||||||||
| Federated Hermes Kaufmann II Service Shares |
964,856 | - | 964,856 | |||||||||||||
| Federated Hermes Managed Volatility II Primary Shares |
689,065 | 3,642 | 692,707 | |||||||||||||
| Federated Hermes Managed Volatility II Service Shares |
271,735 | - | 271,735 | |||||||||||||
| Federated Hermes Quality Bond II Primary Shares |
95,228 | - | 95,228 | |||||||||||||
| Fidelity® VIP Asset Manager Initial Class |
813,055 | 28,763 | 841,818 | |||||||||||||
| Fidelity® VIP Asset Manager: Growth Initial Class |
455,607 | - | 455,607 | |||||||||||||
| Fidelity® VIP Balanced Initial Class |
2,086,287 | 23,602 | 2,109,889 | |||||||||||||
| Fidelity® VIP Balanced Service Class 2 |
290,938 | - | 290,938 | |||||||||||||
| Fidelity® VIP Contrafund® Initial Class |
8,493,046 | 73,946 | 8,566,992 | |||||||||||||
| See accompanying notes. |
7 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Net Assets Representing: Accumulation Units |
Net
Assets in Payout (Annuitization) Period |
Total Net Assets | |||||||||||||
| Fidelity® VIP Contrafund® Service Class 2 |
$ | 8,704,499 | $ | 134,628 | $ | 8,839,127 | ||||||||||
| Fidelity® VIP Equity-Income Initial Class |
3,273,458 | 71,158 | 3,344,616 | |||||||||||||
| Fidelity® VIP Equity-Income Service Class 2 |
5,604,471 | 51,440 | 5,655,911 | |||||||||||||
| Fidelity® VIP Government Money Market Initial Class |
458,566 | 229,871 | 688,437 | |||||||||||||
| Fidelity® VIP Government Money Market Service Class 2 |
128,176 | 69,744 | 197,920 | |||||||||||||
| Fidelity® VIP Growth Initial Class |
6,454,211 | 198,208 | 6,652,419 | |||||||||||||
| Fidelity® VIP Growth Service Class 2 |
2,679,844 | 48,428 | 2,728,272 | |||||||||||||
| Fidelity® VIP Growth & Income Initial Class |
2,646,389 | 154,296 | 2,800,685 | |||||||||||||
| Fidelity® VIP Growth & Income Service Class 2 |
384,533 | - | 384,533 | |||||||||||||
| Fidelity® VIP Growth Opportunities Initial Class |
2,935,727 | - | 2,935,727 | |||||||||||||
| Fidelity® VIP Growth Opportunities Service Class |
1,720,945 | 71,236 | 1,792,181 | |||||||||||||
| Fidelity® VIP Growth Opportunities Service Class 2 |
725,306 | - | 725,306 | |||||||||||||
| Fidelity® VIP High Income Initial Class |
716,129 | 566 | 716,695 | |||||||||||||
| Fidelity® VIP High Income Service Class |
530,041 | 85 | 530,126 | |||||||||||||
| Fidelity® VIP High Income Service Class 2 |
265,464 | 6,032 | 271,496 | |||||||||||||
| Fidelity® VIP Index 500 Initial Class |
15,744,572 | 942,647 | 16,687,219 | |||||||||||||
| Fidelity® VIP Index 500 Service Class 2 |
1,519,538 | 26,492 | 1,546,030 | |||||||||||||
| Fidelity® VIP Investment Grade Bond Initial Class |
2,877,682 | 122,946 | 3,000,628 | |||||||||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 |
468,504 | 5,506 | 474,010 | |||||||||||||
| Fidelity® VIP Mid Cap Initial Class |
3,088,893 | 292,688 | 3,381,581 | |||||||||||||
| Fidelity® VIP Mid Cap Service Class 2 |
5,608,330 | 383,580 | 5,991,910 | |||||||||||||
| Fidelity® VIP Overseas Initial Class |
750,924 | 2,276 | 753,200 | |||||||||||||
| Fidelity® VIP Value Strategies Service Class 2 |
2,243,502 | 103,701 | 2,347,203 | |||||||||||||
| Franklin Income Class 2 Shares |
126,885 | - | 126,885 | |||||||||||||
| Franklin Mutual Shares Class 2 Shares |
3,136,536 | 35,512 | 3,172,048 | |||||||||||||
| Franklin Rising Dividends Class 2 Shares |
1,361,556 | 12,689 | 1,374,245 | |||||||||||||
| Franklin Small Cap Value Class 2 Shares |
960,112 | 10,209 | 970,321 | |||||||||||||
| Franklin Small-Mid Cap Growth Class 2 Shares |
3,553,472 | 135,925 | 3,689,397 | |||||||||||||
| Franklin Templeton Developing Markets Class 2 Shares |
428,862 | 20,335 | 449,197 | |||||||||||||
| Franklin Templeton Foreign Class 2 Shares |
1,539,804 | 24,368 | 1,564,172 | |||||||||||||
| Invesco V.I. American Franchise Series I Shares |
2,201,123 | - | 2,201,123 | |||||||||||||
| Invesco V.I. American Franchise Series II Shares |
296,244 | 2,511 | 298,755 | |||||||||||||
| Invesco V.I. American Value Series II Shares |
906,471 | - | 906,471 | |||||||||||||
| Invesco V.I. Capital Appreciation Series I Shares |
7,115,129 | 297,059 | 7,412,188 | |||||||||||||
| Invesco V.I. Capital Appreciation Series II Shares |
502,081 | 31,747 | 533,828 | |||||||||||||
| Invesco V.I. Comstock Series II Shares |
1,037,741 | - | 1,037,741 | |||||||||||||
| Invesco V.I. Conservative Balanced Series I Shares |
973,952 | 77,020 | 1,050,972 | |||||||||||||
| Invesco V.I. Conservative Balanced Series II Shares |
17,347 | - | 17,347 | |||||||||||||
| Invesco V.I. Core Equity Series I Shares |
6,076,571 | 457,272 | 6,533,843 | |||||||||||||
| Invesco V.I. Core Equity Series II Shares |
946,174 | 22,834 | 969,008 | |||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares |
120,289 | - | 120,289 | |||||||||||||
| See accompanying notes. |
8 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Net Assets Representing: Accumulation Units |
Net
Assets in Payout |
Total Net Assets | |||||||||||||
| Invesco V.I. Equity and Income Series II Shares |
$ | 2,366,842 | $ | 36,653 | $ | 2,403,495 | ||||||||||
| Invesco V.I. EQV International Equity Series I Shares |
356,566 | 29,581 | 386,147 | |||||||||||||
| Invesco V.I. EQV International Equity Series II Shares |
57,394 | - | 57,394 | |||||||||||||
| Invesco V.I. Global Series I Shares |
1,743,543 | 255,716 | 1,999,259 | |||||||||||||
| Invesco V.I. Global Series II Shares |
31,565 | 4,421 | 35,986 | |||||||||||||
| Invesco V.I. Global Strategic Income Series I Shares |
1,143,449 | 2,346 | 1,145,795 | |||||||||||||
| Invesco V.I. Global Strategic Income Series II Shares |
301,264 | 38,255 | 339,519 | |||||||||||||
| Invesco V.I. Government Securities Series I Shares |
245,557 | 711 | 246,268 | |||||||||||||
| Invesco V.I. Government Securities Series II Shares |
209,208 | 25,035 | 234,243 | |||||||||||||
| Invesco V.I. Main Street Series I Shares |
3,112,305 | 261,604 | 3,373,909 | |||||||||||||
| Invesco V.I. Main Street Series II Shares |
454,080 | 101,851 | 555,931 | |||||||||||||
| Invesco V.I. Main Street Mid Cap Series II Shares |
229,710 | - | 229,710 | |||||||||||||
| Invesco V.I. Main Street Small Cap Series II Shares |
40,588 | 9,428 | 50,016 | |||||||||||||
| Janus Henderson - Balanced Service Shares |
2,812,541 | - | 2,812,541 | |||||||||||||
| Janus Henderson - Enterprise Service Shares |
1,339,930 | - | 1,339,930 | |||||||||||||
| Janus Henderson - Forty Service Shares |
212,630 | - | 212,630 | |||||||||||||
| Janus Henderson - Global Research Service Shares |
1,286,071 | - | 1,286,071 | |||||||||||||
| Janus Henderson - Mid Cap Value Service Shares |
105,682 | 4,048 | 109,730 | |||||||||||||
| Janus Henderson - Overseas Service Shares |
1,011,788 | 644 | 1,012,432 | |||||||||||||
| Janus Henderson - Research Service Shares |
811,484 | - | 811,484 | |||||||||||||
| LVIP JPMorgan Core Bond Standard Shares |
(1) | 2,068,785 | 2,068,784 | |||||||||||||
| LVIP JPMorgan Mid Cap Value Standard Shares |
- | 963,827 | 963,827 | |||||||||||||
| LVIP JPMorgan U.S. Equity Standard Shares |
1 | 1,638,272 | 1,638,273 | |||||||||||||
| MFS® Core Equity Initial Class |
31,356 | - | 31,356 | |||||||||||||
| MFS® Growth Initial Class |
3,776,639 | 593,353 | 4,369,992 | |||||||||||||
| MFS® Growth Service Class |
1,121,680 | - | 1,121,680 | |||||||||||||
| MFS® Massachusetts Investors Growth Stock Initial Class |
61,095 | - | 61,095 | |||||||||||||
| MFS® Massachusetts Investors Growth Stock Service Class |
1,143,761 | 36,645 | 1,180,406 | |||||||||||||
| MFS® New Discovery Initial Class |
160,115 | 162,546 | 322,661 | |||||||||||||
| MFS® New Discovery Service Class |
349,740 | 2,855 | 352,595 | |||||||||||||
| MFS® Research Initial Class |
1,434,838 | 90,748 | 1,525,586 | |||||||||||||
| MFS® Research Service Class |
1,012,695 | 4,937 | 1,017,632 | |||||||||||||
| MFS® Total Return Initial Class |
5,420,934 | 22,039 | 5,442,973 | |||||||||||||
| MFS® Total Return Service Class |
2,150,015 | 28,375 | 2,178,390 | |||||||||||||
| MFS® Total Return Bond Initial Class |
126,706 | 5,101 | 131,807 | |||||||||||||
| MFS® Total Return Bond Service Class |
853,259 | - | 853,259 | |||||||||||||
| MFS® Utilities Initial Class |
4,216,978 | 75,605 | 4,292,583 | |||||||||||||
| MFS® Utilities Service Class |
702,220 | 33,153 | 735,373 | |||||||||||||
| Putnam VT Core Equity Class IB Shares |
283 | - | 283 | |||||||||||||
| Putnam VT Diversified Income Class IB Shares |
198,387 | 11,748 | 210,135 | |||||||||||||
| Putnam VT Focused International Equity Class IB Shares |
796,637 | 41,914 | 838,551 | |||||||||||||
| See accompanying notes. |
9 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Net Assets Representing: Accumulation Units |
Net
Assets in Payout |
Total Net Assets | |||||||||||||
| Putnam VT George Putnam Balanced Class IB Shares |
$ | 716,463 | $ | 2,359 | $ | 718,822 | ||||||||||
| Putnam VT Global Health Care Class IB Shares |
174,310 | 7,191 | 181,501 | |||||||||||||
| Putnam VT Government Money Market Class IB Shares |
1,642,661 | 284,566 | 1,927,227 | |||||||||||||
| Putnam VT Income Class IB Shares |
139,479 | - | 139,479 | |||||||||||||
| Putnam VT International Equity Class IB Shares |
57,853 | - | 57,853 | |||||||||||||
| Putnam VT Large Cap Growth Class IB Shares |
778,077 | 50,570 | 828,647 | |||||||||||||
| Putnam VT Large Cap Value Class IB Shares |
2,846,909 | 85,715 | 2,932,624 | |||||||||||||
| Putnam VT Research Class IB Shares |
181,804 | - | 181,804 | |||||||||||||
| Putnam VT Sustainable Leaders Class IB Shares |
9,462 | - | 9,462 | |||||||||||||
| TA Aegon Bond Initial Class |
6,180,768 | 261,069 | 6,441,837 | |||||||||||||
| TA Aegon Bond Service Class |
2,741,689 | 788 | 2,742,477 | |||||||||||||
| TA Aegon Core Bond Initial Class |
962,958 | 475,425 | 1,438,383 | |||||||||||||
| TA Aegon High Yield Bond Initial Class |
2,503,041 | 243,618 | 2,746,659 | |||||||||||||
| TA Aegon High Yield Bond Service Class |
286,849 | - | 286,849 | |||||||||||||
| TA Aegon Sustainable Equity Income Initial Class |
9,728,310 | 764,603 | 10,492,913 | |||||||||||||
| TA Aegon Sustainable Equity Income Service Class |
1,633,820 | - | 1,633,820 | |||||||||||||
| TA Aegon U.S. Government Securities Initial Class |
1,416,189 | 743,405 | 2,159,594 | |||||||||||||
| TA Aegon U.S. Government Securities Service Class |
2,351,342 | - | 2,351,342 | |||||||||||||
| TA BlackRock Government Money Market Initial Class |
1,963,075 | 4,479,240 | 6,442,315 | |||||||||||||
| TA BlackRock Government Money Market Service Class |
4,043,324 | - | 4,043,324 | |||||||||||||
| TA BlackRock iShares Edge 40 Initial Class |
1,126,842 | 34,584 | 1,161,426 | |||||||||||||
| TA BlackRock iShares Edge 40 Service Class |
316,220 | - | 316,220 | |||||||||||||
| TA BlackRock Real Estate Securities Initial Class |
287,972 | 7,615 | 295,587 | |||||||||||||
| TA BlackRock Real Estate Securities Service Class |
201,507 | - | 201,507 | |||||||||||||
| TA International Focus Initial Class |
876,792 | 25,410 | 902,202 | |||||||||||||
| TA International Focus Service Class |
747,702 | - | 747,702 | |||||||||||||
| TA Janus Mid-Cap Growth Initial Class |
7,743,673 | 591,139 | 8,334,812 | |||||||||||||
| TA Janus Mid-Cap Growth Service Class |
464,567 | - | 464,567 | |||||||||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class |
9,065,471 | 595,474 | 9,660,945 | |||||||||||||
| TA JPMorgan Asset Allocation - Conservative Service Class |
13,634,180 | 315,230 | 13,949,410 | |||||||||||||
| TA JPMorgan Asset Allocation - Growth Initial Class |
7,000,785 | 334,177 | 7,334,962 | |||||||||||||
| TA JPMorgan Asset Allocation - Growth Service Class |
7,192,049 | 933,048 | 8,125,097 | |||||||||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class |
15,425,194 | 1,168,852 | 16,594,046 | |||||||||||||
| TA JPMorgan Asset Allocation - Moderate Service Class |
35,365,936 | 793,339 | 36,159,275 | |||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class |
25,227,721 | 660,379 | 25,888,100 | |||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class |
81,249,369 | 1,023,574 | 82,272,943 | |||||||||||||
| TA JPMorgan Enhanced Index Initial Class |
2,302,250 | 1,153,894 | 3,456,144 | |||||||||||||
| TA JPMorgan Enhanced Index Service Class |
925,230 | - | 925,230 | |||||||||||||
| TA JPMorgan International Moderate Growth Initial Class |
325,972 | - | 325,972 | |||||||||||||
| TA JPMorgan International Moderate Growth Service Class |
5,610,428 | 24,911 | 5,635,339 | |||||||||||||
| TA JPMorgan Mid Cap Value Initial Class |
759,345 | 626,402 | 1,385,747 | |||||||||||||
| See accompanying notes. |
10 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Assets and Liabilities
December 31, 2023
| Subaccount | Net Assets Representing: Accumulation Units |
Net
Assets in Payout (Annuitization) Period |
Total Net Assets | |||||||||||||
| TA JPMorgan Tactical Allocation Initial Class |
$ | 486,682 | $ | 25,994 | $ | 512,676 | ||||||||||
| TA JPMorgan Tactical Allocation Service Class |
536,404 | - | 536,404 | |||||||||||||
| TA Multi-Managed Balanced Initial Class |
2,666,438 | 85,379 | 2,751,817 | |||||||||||||
| TA Multi-Managed Balanced Service Class |
18,552,729 | - | 18,552,729 | |||||||||||||
| TA Small/Mid Cap Value Initial Class |
3,431,042 | 47,435 | 3,478,477 | |||||||||||||
| TA T. Rowe Price Small Cap Initial Class |
2,014,089 | 144,736 | 2,158,825 | |||||||||||||
| TA T. Rowe Price Small Cap Service Class |
701,569 | - | 701,569 | |||||||||||||
| TA TS&W International Equity Initial Class |
680,339 | 83,966 | 764,305 | |||||||||||||
| TA TS&W International Equity Service Class |
480,592 | - | 480,592 | |||||||||||||
| TA WMC US Growth Initial Class |
40,449,925 | 1,540,997 | 41,990,922 | |||||||||||||
| TA WMC US Growth Service Class |
5,959,351 | 9,040 | 5,968,391 | |||||||||||||
| Wanger Acorn |
996,623 | - | 996,623 | |||||||||||||
| See accompanying notes. |
11 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| AB Large Cap Growth Class B Shares Subaccount |
AB Relative Value Class B Shares Subaccount |
AB Sustainable Global Thematic Growth Class B Shares Subaccount |
Allspring VT Discovery All Cap Growth Class 1 Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 3,263,647 | $ | 2,506,746 | $ | 1,135,084 | $ | 1,750,141 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 23,378 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
34,499 | 36,217 | 12,637 | 16,756 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(34,499 | ) | (12,839 | ) | (12,637 | ) | (16,756 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
307,630 | 346,394 | 87,477 | 257,197 | ||||||||||||
| Realized Gain (Loss) on Investments |
139,489 | 40,039 | 39,180 | 45,908 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
447,119 | 386,433 | 126,657 | 303,105 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(1,357,060 | ) | (513,478 | ) | (433,464 | ) | (911,167 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(909,941 | ) | (127,045 | ) | (306,807 | ) | (608,062 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(944,440 | ) | (139,884 | ) | (319,444 | ) | (624,818 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(186,580 | ) | (208,077 | ) | (90,731 | ) | (179,539 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(1,131,020 | ) | (347,961 | ) | (410,175 | ) | (804,357 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 2,132,627 | $ | 2,158,785 | $ | 724,909 | $ | 945,784 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 31,810 | 223 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
34,391 | 35,119 | 11,459 | 15,349 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(34,391 | ) | (3,309 | ) | (11,236 | ) | (15,349 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
176,614 | 200,934 | 48,055 | 105,393 | ||||||||||||
| Realized Gain (Loss) on Investments |
106,376 | (67,522 | ) | 14,329 | (10,455 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
282,990 | 133,412 | 62,384 | 94,938 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
433,365 | 66,304 | 47,764 | 209,604 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
716,355 | 199,716 | 110,148 | 304,542 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
681,964 | 196,407 | 98,912 | 289,193 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(157,865 | ) | (287,996 | ) | (35,129 | ) | (81,920 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
524,099 | (91,589 | ) | 63,783 | 207,273 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 2,656,726 | $ | 2,067,196 | $ | 788,692 | $ | 1,153,057 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
12 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Allspring VT Discovery All Cap Growth Class 2 Shares Subaccount |
Allspring VT International Equity Class 1 Shares Subaccount |
Allspring VT International Equity Class 2 Shares Subaccount |
Allspring VT Opportunity Class 1 Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 346,827 | $ | 593,155 | $ | 36,173 | $ | 1,830,364 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 21,463 | 985 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,074 | 7,604 | 386 | 21,712 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(3,074 | ) | 13,859 | 599 | (21,712 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
45,585 | - | - | 286,201 | ||||||||||||
| Realized Gain (Loss) on Investments |
10,234 | (95,944 | ) | (1,972 | ) | (16,350 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
55,819 | (95,944 | ) | (1,972 | ) | 269,851 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(173,754 | ) | 4,424 | (3,411 | ) | (640,617 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(117,935 | ) | (91,520 | ) | (5,383 | ) | (370,766 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(121,009 | ) | (77,661 | ) | (4,784 | ) | (392,478 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(57,001 | ) | (83,808 | ) | (5,870 | ) | (127,665 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(178,010 | ) | (161,469 | ) | (10,654 | ) | (520,143 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 168,817 | $ | 431,686 | $ | 25,519 | $ | 1,310,221 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 7,742 | 393 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
2,689 | 6,582 | 360 | 20,656 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,689 | ) | 1,160 | 33 | (20,656 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
19,831 | - | - | 121,460 | ||||||||||||
| Realized Gain (Loss) on Investments |
(2,982 | ) | (18,225 | ) | (3,520 | ) | (2,763 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
16,849 | (18,225 | ) | (3,520 | ) | 118,697 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
36,347 | 76,037 | 6,792 | 216,422 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
53,196 | 57,812 | 3,272 | 335,119 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
50,507 | 58,972 | 3,305 | 314,463 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(16,541 | ) | (32,006 | ) | (3,789 | ) | (154,580 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
33,966 | 26,966 | (484 | ) | 159,883 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 202,783 | $ | 458,652 | $ | 25,035 | $ | 1,470,104 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
13 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Allspring VT Opportunity Class 2 Shares Subaccount |
Allspring VT Small Cap Growth Class Subaccount |
Allspring VT Small Cap Growth Class 2 Shares Subaccount |
BNY Mellon Stock Index Initial Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 132,082 | $ | 2,186,457 | $ | 166,191 | $ | 1,994,787 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | - | - | 22,127 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
1,512 | 22,961 | 1,495 | 22,237 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(1,512 | ) | (22,961 | ) | (1,495 | ) | (110 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
20,084 | 244,259 | 19,729 | 143,592 | ||||||||||||
| Realized Gain (Loss) on Investments |
264 | 46,813 | (486 | ) | 75,780 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
20,348 | 291,072 | 19,243 | 219,372 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(47,403 | ) | (1,023,384 | ) | (75,887 | ) | (599,210 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(27,055 | ) | (732,312 | ) | (56,644 | ) | (379,838 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(28,567 | ) | (755,273 | ) | (58,139 | ) | (379,948 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(9,206 | ) | (193,363 | ) | (5,650 | ) | (113,688 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(37,773 | ) | (948,636 | ) | (63,789 | ) | (493,636 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 94,309 | $ | 1,237,821 | $ | 102,402 | $ | 1,501,151 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | - | - | 23,498 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
1,398 | 11,414 | 1,300 | 21,799 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(1,398 | ) | (11,414 | ) | (1,300 | ) | 1,699 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
8,632 | - | - | 59,973 | ||||||||||||
| Realized Gain (Loss) on Investments |
(3,215 | ) | (90,414 | ) | (1,628 | ) | 39,985 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
5,417 | (90,414 | ) | (1,628 | ) | 99,958 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
15,743 | 151,844 | 5,708 | 257,270 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
21,160 | 61,430 | 4,080 | 357,228 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
19,762 | 50,016 | 2,780 | 358,927 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(28,206 | ) | (576,164 | ) | (3,980 | ) | (51,304 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(8,444 | ) | (526,148 | ) | (1,200 | ) | 307,623 | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 85,865 | $ | 711,673 | $ | 101,202 | $ | 1,808,774 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
14 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| BNY Mellon Stock Index Service Shares Subaccount |
BNY Mellon Sustainable U.S. Equity Initial Shares Subaccount |
BNY Mellon VIF Appreciation Initial Shares Subaccount |
BNY Mellon VIF Government Money Market Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 22,515 | $ | 229,679 | $ | 2,604,111 | $ | 893,513 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
222 | 1,093 | 13,698 | 10,389 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
498 | 2,904 | 28,770 | 11,368 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(276 | ) | (1,811 | ) | (15,072 | ) | (979 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
1,578 | 14,963 | 615,393 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
332 | 2,889 | (34,896 | ) | - | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
1,910 | 17,852 | 580,497 | - | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(6,327 | ) | (73,558 | ) | (1,056,180 | ) | - | |||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(4,417 | ) | (55,706 | ) | (475,683 | ) | - | |||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(4,693 | ) | (57,517 | ) | (490,755 | ) | (979 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
2,657 | 19,420 | (195,782 | ) | (67,658 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(2,036 | ) | (38,097 | ) | (686,537 | ) | (68,637 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 20,479 | $ | 191,582 | $ | 1,917,574 | $ | 824,876 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
249 | 1,518 | 14,421 | 36,251 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
531 | 2,875 | 28,024 | 10,823 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(282 | ) | (1,357 | ) | (13,603 | ) | 25,428 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
786 | 24,368 | 172,944 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
304 | 789 | (48,225 | ) | - | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
1,090 | 25,157 | 124,719 | - | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
3,560 | 18,175 | 246,382 | - | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
4,650 | 43,332 | 371,101 | - | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
4,368 | 41,975 | 357,498 | 25,428 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,121 | ) | (8,152 | ) | (135,586 | ) | (103,878 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
2,247 | 33,823 | 221,912 | (78,450 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 22,726 | $ | 225,405 | $ | 2,139,486 | $ | 746,426 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
15 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| BNY Mellon VIF Growth and Income Initial Shares Subaccount |
BNY Mellon VIF Opportunistic Small Cap Initial Shares Subaccount |
Columbia - Dividend Opportunity Class 1 Shares Subaccount |
Columbia - Income Opportunity Class 1 Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,116,956 | $ | 1,674,329 | $ | 892,198 | $ | 1,303,953 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
7,581 | - | - | 62,129 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,360 | 19,918 | 11,290 | 15,856 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(5,779 | ) | (19,918 | ) | (11,290 | ) | 46,273 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
196,426 | 296,362 | - | 41,531 | ||||||||||||
| Realized Gain (Loss) on Investments |
34,067 | 25,178 | 37,115 | (39,473 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
230,493 | 321,540 | 37,115 | 2,058 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(399,949 | ) | (595,074 | ) | (47,918 | ) | (193,774 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(169,456 | ) | (273,534 | ) | (10,803 | ) | (191,716 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(175,235 | ) | (293,452 | ) | (22,093 | ) | (145,443 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(71,654 | ) | (105,579 | ) | (53,752 | ) | (73,650 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(246,889 | ) | (399,031 | ) | (75,845 | ) | (219,093 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 870,067 | $ | 1,275,298 | $ | 816,353 | $ | 1,084,860 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
6,314 | 4,262 | - | 57,104 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,310 | 17,791 | 10,500 | 15,084 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(6,996 | ) | (13,529 | ) | (10,500 | ) | 42,020 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
102,718 | 28,723 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,116 | ) | 22,267 | 41,570 | (31,880 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
101,602 | 50,990 | 41,570 | (31,880 | ) | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
118,129 | 62,319 | (4,197 | ) | 96,536 | |||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
219,731 | 113,309 | 37,373 | 64,656 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
212,735 | 99,780 | 26,873 | 106,676 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(31,143 | ) | (89,858 | ) | (52,947 | ) | (42,649 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
181,592 | 9,922 | (26,074 | ) | 64,027 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,051,659 | $ | 1,285,220 | $ | 790,279 | $ | 1,148,887 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
16 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Columbia - Large Cap Growth Class 1 Subaccount |
Columbia - Overseas Core Class 2 Subaccount |
Columbia - Select Mid Cap Growth Class 1 Shares Subaccount |
Columbia - Select Mid Cap Value Class 1 Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 4,648,354 | $ | 1,460,494 | $ | 1,458,449 | $ | 272,455 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 9,783 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
50,803 | 18,792 | 15,230 | 3,273 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(50,803 | ) | (9,009 | ) | (15,230 | ) | (3,273 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 96,434 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
133,355 | (12,561 | ) | 34,466 | 27,923 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
133,355 | 83,873 | 34,466 | 27,923 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(1,578,419 | ) | (324,386 | ) | (480,768 | ) | (51,980 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(1,445,064 | ) | (240,513 | ) | (446,302 | ) | (24,057 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(1,495,867 | ) | (249,522 | ) | (461,532 | ) | (27,330 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(94,922 | ) | (23,649 | ) | (38,131 | ) | (48,239 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(1,590,789 | ) | (273,171 | ) | (499,663 | ) | (75,569 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 3,057,565 | $ | 1,187,323 | $ | 958,786 | $ | 196,886 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 20,644 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
50,414 | 17,763 | 14,839 | 2,971 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(50,414 | ) | 2,881 | (14,839 | ) | (2,971 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
272,831 | (9,819 | ) | 44,672 | 3,962 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
272,831 | (9,819 | ) | 44,672 | 3,962 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
984,074 | 161,846 | 188,141 | 15,579 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
1,256,905 | 152,027 | 232,813 | 19,541 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
1,206,491 | 154,908 | 217,974 | 16,570 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(367,429 | ) | (97,370 | ) | (57,782 | ) | (4,039 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
839,062 | 57,538 | 160,192 | 12,531 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 3,896,627 | $ | 1,244,861 | $ | 1,118,978 | $ | 209,417 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
17 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Columbia - Small Cap Value Class 1 Shares Subaccount |
Columbia - Small Company Growth Class 1 Shares Subaccount |
Columbia - Strategic Income Class 1 Shares Subaccount |
CTIVP® - Principal Blue Chip Growth Class 1 Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 971,018 | $ | 38,281 | $ | 731,576 | $ | 3,828,722 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
6,224 | - | 17,893 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
10,552 | 401 | 8,038 | 39,725 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(4,328 | ) | (401 | ) | 9,855 | (39,725 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
318,059 | 9,628 | 24,925 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(7,795 | ) | (22 | ) | (31,571 | ) | 143,747 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
310,264 | 9,606 | (6,646 | ) | 143,747 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(397,875 | ) | (22,901 | ) | (91,817 | ) | (1,190,117 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(87,611 | ) | (13,295 | ) | (98,463 | ) | (1,046,370 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(91,939 | ) | (13,696 | ) | (88,608 | ) | (1,086,095 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(95,540 | ) | (3,969 | ) | (120,312 | ) | (201,020 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(187,479 | ) | (17,665 | ) | (208,920 | ) | (1,287,115 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 783,539 | $ | 20,616 | $ | 522,656 | $ | 2,541,607 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
5,935 | - | 18,249 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
9,903 | 345 | 6,644 | 38,951 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(3,968 | ) | (345 | ) | 11,605 | (38,951 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
57,271 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(66,929 | ) | (1,439 | ) | (16,181 | ) | 122,837 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(9,658 | ) | (1,439 | ) | (16,181 | ) | 122,837 | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
162,526 | 6,618 | 45,739 | 849,450 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
152,868 | 5,179 | 29,558 | 972,287 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
148,900 | 4,834 | 41,163 | 933,336 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(106,533 | ) | (2,404 | ) | (21,766 | ) | (160,954 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
42,367 | 2,430 | 19,397 | 772,382 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 825,906 | $ | 23,046 | $ | 542,053 | $ | 3,313,989 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
18 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Davis Value Subaccount |
Federated Hermes Government Money II Service Shares Subaccount |
Federated Hermes High Income Bond II Primary Shares Subaccount |
Federated Hermes Kaufmann II Primary Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 3,746,669 | $ | 3,370,633 | $ | 1,857,360 | $ | 2,206,386 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
37,049 | 36,001 | 90,635 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
43,893 | 45,353 | 23,813 | 23,490 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(6,844 | ) | (9,352 | ) | 66,822 | (23,490 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
652,060 | - | - | 197,178 | ||||||||||||
| Realized Gain (Loss) on Investments |
(151,465 | ) | - | (31,206 | ) | (6,749 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
500,595 | - | (31,206 | ) | 190,429 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(1,273,219 | ) | - | (277,884 | ) | (839,131 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(772,624 | ) | - | (309,090 | ) | (648,702 | ) | |||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(779,468 | ) | (9,352 | ) | (242,268 | ) | (672,192 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(310,303 | ) | (308,274 | ) | (44,218 | ) | (163,871 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(1,089,771 | ) | (317,626 | ) | (286,486 | ) | (836,063 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 2,656,898 | $ | 3,053,007 | $ | 1,570,874 | $ | 1,370,323 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
33,949 | 124,472 | 91,836 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
36,031 | 39,616 | 22,117 | 20,684 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,082 | ) | 84,856 | 69,719 | (20,684 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
271,194 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(336,952 | ) | - | (40,186 | ) | (21,733 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(65,758 | ) | - | (40,186 | ) | (21,733 | ) | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
776,680 | - | 136,404 | 219,410 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
710,922 | - | 96,218 | 197,677 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
708,840 | 84,856 | 165,937 | 176,993 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(569,169 | ) | (749,531 | ) | (156,010 | ) | (73,747 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
139,671 | (664,675 | ) | 9,927 | 103,246 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 2,796,569 | $ | 2,388,332 | $ | 1,580,801 | $ | 1,473,569 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
19 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Federated Hermes Kaufmann II Service Shares Subaccount |
Federated Hermes Managed Volatility II Primary Shares Subaccount |
Federated Hermes Managed Volatility II Service Shares Subaccount |
Federated Hermes Quality Bond II Primary Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,827,772 | $ | 826,804 | $ | 384,868 | $ | 166,733 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 13,339 | - | 3,776 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
16,647 | 9,661 | 3,974 | 1,853 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(16,647 | ) | 3,678 | (3,974 | ) | 1,923 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
184,995 | 167,235 | 77,977 | 2,245 | ||||||||||||
| Realized Gain (Loss) on Investments |
(7,138 | ) | (1,975 | ) | (5,339 | ) | (5,162 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
177,857 | 165,260 | 72,638 | (2,917 | ) | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(729,891 | ) | (289,871 | ) | (125,454 | ) | (16,107 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(552,034 | ) | (124,611 | ) | (52,816 | ) | (19,024 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(568,681 | ) | (120,933 | ) | (56,790 | ) | (17,101 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(55,488 | ) | (25,745 | ) | (33,686 | ) | (56,417 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(624,169 | ) | (146,678 | ) | (90,476 | ) | (73,518 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 1,203,603 | $ | 680,126 | $ | 294,392 | $ | 93,215 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 12,701 | 4,472 | 2,464 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,082 | 9,019 | 3,415 | 1,260 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(13,082 | ) | 3,682 | 1,057 | 1,204 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(87,500 | ) | (9,473 | ) | (11,019 | ) | (368 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(87,500 | ) | (9,473 | ) | (11,019 | ) | (368 | ) | ||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
224,638 | 53,516 | 28,044 | 3,456 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
137,138 | 44,043 | 17,025 | 3,088 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
124,056 | 47,725 | 18,082 | 4,292 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(362,803 | ) | (35,144 | ) | (40,739 | ) | (2,279 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(238,747 | ) | 12,581 | (22,657 | ) | 2,013 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 964,856 | $ | 692,707 | $ | 271,735 | $ | 95,228 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
20 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Fidelity® VIP Asset Manager Initial Class Subaccount |
Fidelity® VIP Asset Manager: Growth Initial Class Subaccount |
Fidelity® VIP Balanced Initial Class Subaccount |
Fidelity® VIP Balanced Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,171,414 | $ | 556,420 | $ | 3,057,938 | $ | 406,677 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
20,391 | 8,681 | 30,278 | 3,647 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,085 | 6,184 | 32,900 | 4,669 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
7,306 | 2,497 | (2,622 | ) | (1,022 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
65,207 | 30,514 | 157,104 | 21,509 | ||||||||||||
| Realized Gain (Loss) on Investments |
2,658 | 6,682 | 83,760 | 3,248 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
67,865 | 37,196 | 240,864 | 24,757 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(254,805 | ) | (138,624 | ) | (796,478 | ) | (101,607 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(186,940 | ) | (101,428 | ) | (555,614 | ) | (76,850 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(179,634 | ) | (98,931 | ) | (558,236 | ) | (77,872 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(67,215 | ) | (11,974 | ) | (373,158 | ) | (11,960 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(246,849 | ) | (110,905 | ) | (931,394 | ) | (89,832 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 924,565 | $ | 445,515 | $ | 2,126,544 | $ | 316,845 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
19,148 | 7,853 | 34,991 | 4,396 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
11,845 | 5,915 | 28,340 | 3,867 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
7,303 | 1,938 | 6,651 | 529 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
10,292 | - | 81,511 | 12,633 | ||||||||||||
| Realized Gain (Loss) on Investments |
(22,828 | ) | 20,928 | 91,924 | 19,096 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(12,536 | ) | 20,928 | 173,435 | 31,729 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
99,134 | 39,581 | 207,002 | 21,732 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
86,598 | 60,509 | 380,437 | 53,461 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
93,901 | 62,447 | 387,088 | 53,990 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(176,648 | ) | (52,355 | ) | (403,743 | ) | (79,897 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(82,747 | ) | 10,092 | (16,655 | ) | (25,907 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 841,818 | $ | 455,607 | $ | 2,109,889 | $ | 290,938 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
21 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Fidelity® VIP Contrafund® Initial Class Subaccount |
Fidelity® VIP Contrafund® Service Class 2 Subaccount |
Fidelity® VIP Equity-Income Initial Class Subaccount |
Fidelity® VIP Equity-Income Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 11,244,241 | $ | 10,713,245 | $ | 4,020,258 | $ | 6,579,146 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
40,641 | 21,254 | 63,631 | 99,201 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
111,021 | 127,207 | 47,050 | 84,896 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(70,380 | ) | (105,953 | ) | 16,581 | 14,305 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
390,093 | 401,656 | 111,938 | 198,705 | ||||||||||||
| Realized Gain (Loss) on Investments |
482,451 | 214,573 | 50,847 | 83,113 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
872,544 | 616,229 | 162,785 | 281,818 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(3,746,294 | ) | (3,399,415 | ) | (423,101 | ) | (724,249 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(2,873,750 | ) | (2,783,186 | ) | (260,316 | ) | (442,431 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(2,944,130 | ) | (2,889,139 | ) | (243,735 | ) | (428,126 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(1,077,660 | ) | (814,790 | ) | (471,237 | ) | (500,948 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(4,021,790 | ) | (3,703,929 | ) | (714,972 | ) | (929,074 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 7,222,451 | $ | 7,009,316 | $ | 3,305,286 | $ | 5,650,072 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
38,377 | 20,986 | 61,756 | 94,893 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
105,383 | 123,918 | 43,762 | 80,269 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(67,006 | ) | (102,932 | ) | 17,994 | 14,624 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
280,118 | 295,997 | 92,698 | 162,836 | ||||||||||||
| Realized Gain (Loss) on Investments |
257,181 | 278,765 | 21,187 | 69,425 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
537,299 | 574,762 | 113,885 | 232,261 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
1,700,119 | 1,690,947 | 154,409 | 218,964 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
2,237,418 | 2,265,709 | 268,294 | 451,225 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
2,170,412 | 2,162,777 | 286,288 | 465,849 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(825,871 | ) | (332,966 | ) | (246,958 | ) | (460,010 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
1,344,541 | 1,829,811 | 39,330 | 5,839 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 8,566,992 | $ | 8,839,127 | $ | 3,344,616 | $ | 5,655,911 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
22 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Fidelity® VIP Government Money Market Initial Class Subaccount |
Fidelity® VIP Government Money Market Service Class 2 Subaccount |
Fidelity® VIP Growth Initial Class Subaccount |
Fidelity® VIP Growth Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 470,246 | $ | 231,154 | $ | 8,722,736 | $ | 3,106,013 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
8,571 | 2,670 | 40,439 | 8,642 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
7,023 | 2,920 | 88,335 | 35,771 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
1,548 | (250 | ) | (47,896 | ) | (27,129 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | 488,381 | 188,948 | ||||||||||||
| Realized Gain (Loss) on Investments |
- | - | 585,665 | 86,241 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
- | - | 1,074,046 | 275,189 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
- | - | (3,133,948 | ) | (1,031,261 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
- | - | (2,059,902 | ) | (756,072 | ) | ||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
1,548 | (250 | ) | (2,107,798 | ) | (783,201 | ) | |||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
313,206 | (20,658 | ) | (1,063,122 | ) | (121,329 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
314,754 | (20,908 | ) | (3,170,920 | ) | (904,530 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 785,000 | $ | 210,246 | $ | 5,551,816 | $ | 2,201,483 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
35,216 | 9,227 | 7,903 | 93 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
9,565 | 2,739 | 82,620 | 35,218 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
25,651 | 6,488 | (74,717 | ) | (35,125 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | 285,375 | 117,940 | ||||||||||||
| Realized Gain (Loss) on Investments |
- | - | 359,035 | 91,561 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
- | - | 644,410 | 209,501 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
- | - | 1,247,430 | 533,754 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
- | - | 1,891,840 | 743,255 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
25,651 | 6,488 | 1,817,123 | 708,130 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(122,214 | ) | (18,814 | ) | (716,520 | ) | (181,341 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(96,563 | ) | (12,326 | ) | 1,100,603 | 526,789 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 688,437 | $ | 197,920 | $ | 6,652,419 | $ | 2,728,272 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
23 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Fidelity® VIP Growth & Income Initial Class Subaccount |
Fidelity® VIP Growth & Income Service Class 2 Subaccount |
Fidelity® VIP Growth Opportunities Initial Class Subaccount |
Fidelity® VIP Growth Opportunities Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 3,461,118 | $ | 341,097 | $ | 4,035,230 | $ | 2,660,973 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
47,320 | 4,895 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
41,301 | 4,212 | 37,522 | 27,018 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
6,019 | 683 | (37,522 | ) | (27,018 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
57,436 | 6,772 | 549,006 | 370,955 | ||||||||||||
| Realized Gain (Loss) on Investments |
188,361 | 10,191 | 185,395 | 87,332 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
245,797 | 16,963 | 734,401 | 458,287 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(454,848 | ) | (38,171 | ) | (2,231,757 | ) | (1,452,578 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(209,051 | ) | (21,208 | ) | (1,497,356 | ) | (994,291 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(203,032 | ) | (20,525 | ) | (1,534,878 | ) | (1,021,309 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(466,963 | ) | 4,526 | (260,096 | ) | (206,218 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(669,995 | ) | (15,999 | ) | (1,794,974 | ) | (1,227,527 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 2,791,123 | $ | 325,098 | $ | 2,240,256 | $ | 1,433,446 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
44,230 | 5,357 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
38,051 | 4,524 | 35,401 | 23,673 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
6,179 | 833 | (35,401 | ) | (23,673 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
100,726 | 14,003 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
140,689 | 23,024 | 134,432 | 86,059 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
241,415 | 37,027 | 134,432 | 86,059 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
190,421 | 17,899 | 850,915 | 518,557 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
431,836 | 54,926 | 985,347 | 604,616 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
438,015 | 55,759 | 949,946 | 580,943 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(428,453 | ) | 3,676 | (254,475 | ) | (222,208 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
9,562 | 59,435 | 695,471 | 358,735 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 2,800,685 | $ | 384,533 | $ | 2,935,727 | $ | 1,792,181 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
24 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Fidelity® VIP Growth Opportunities Service Class 2 Subaccount |
Fidelity® VIP High Income Initial Class Subaccount |
Fidelity® VIP High Income Service Class Subaccount |
Fidelity® VIP High Income Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 872,431 | $ | 991,863 | $ | 671,179 | $ | 311,982 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 42,567 | 29,084 | 13,625 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
9,428 | 11,510 | 8,316 | 3,764 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(9,428 | ) | 31,057 | 20,768 | 9,861 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
124,142 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
8,762 | (11,215 | ) | (9,459 | ) | (4,773 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
132,904 | (11,215 | ) | (9,459 | ) | (4,773 | ) | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(465,069 | ) | (142,648 | ) | (95,117 | ) | (44,230 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(332,165 | ) | (153,863 | ) | (104,576 | ) | (49,003 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(341,593 | ) | (122,806 | ) | (83,808 | ) | (39,142 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
1,091 | (76,585 | ) | (40,768 | ) | (20,217 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(340,502 | ) | (199,391 | ) | (124,576 | ) | (59,359 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 531,929 | $ | 792,472 | $ | 546,603 | $ | 252,623 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 39,743 | 29,024 | 14,946 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
9,425 | 9,991 | 7,471 | 3,526 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(9,425 | ) | 29,752 | 21,553 | 11,420 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
22,174 | (25,222 | ) | (18,733 | ) | (2,097 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
22,174 | (25,222 | ) | (18,733 | ) | (2,097 | ) | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
210,621 | 58,666 | 42,580 | 12,586 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
232,795 | 33,444 | 23,847 | 10,489 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
223,370 | 63,196 | 45,400 | 21,909 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(29,993 | ) | (138,973 | ) | (61,877 | ) | (3,036 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
193,377 | (75,777 | ) | (16,477 | ) | 18,873 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 725,306 | $ | 716,695 | $ | 530,126 | $ | 271,496 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
25 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Fidelity® VIP Index 500 Initial Class Subaccount |
Fidelity® VIP Index 500 Service Class 2 Subaccount |
Fidelity® VIP Investment Grade Bond Initial Class Subaccount |
Fidelity® VIP Investment Grade Bond Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 21,929,910 | $ | 1,917,332 | $ | 4,832,216 | $ | 726,071 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
246,316 | 18,784 | 82,104 | 11,845 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
240,924 | 22,242 | 56,454 | 8,399 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
5,392 | (3,458 | ) | 25,650 | 3,446 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
136,252 | 12,758 | 218,220 | 34,972 | ||||||||||||
| Realized Gain (Loss) on Investments |
2,097,837 | 109,710 | (90,402 | ) | (16,022 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
2,234,089 | 122,468 | 127,818 | 18,950 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(6,231,122 | ) | (482,775 | ) | (806,104 | ) | (123,214 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(3,997,033 | ) | (360,307 | ) | (678,286 | ) | (104,264 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(3,991,641 | ) | (363,765 | ) | (652,636 | ) | (100,818 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,655,795 | ) | (224,682 | ) | (767,395 | ) | (98,548 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(6,647,436 | ) | (588,447 | ) | (1,420,031 | ) | (199,366 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 15,282,474 | $ | 1,328,885 | $ | 3,412,185 | $ | 526,705 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
230,866 | 17,990 | 76,236 | 11,828 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
223,826 | 20,094 | 46,062 | 6,635 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
7,040 | (2,104 | ) | 30,174 | 5,193 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
152,057 | 13,475 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
1,615,752 | 48,964 | (115,551 | ) | (18,821 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
1,767,809 | 62,439 | (115,551 | ) | (18,821 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
1,744,894 | 248,708 | 223,839 | 36,790 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
3,512,703 | 311,147 | 108,288 | 17,969 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
3,519,743 | 309,043 | 138,462 | 23,162 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,114,998 | ) | (91,898 | ) | (550,019 | ) | (75,857 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
1,404,745 | 217,145 | (411,557 | ) | (52,695 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 16,687,219 | $ | 1,546,030 | $ | 3,000,628 | $ | 474,010 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
26 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
|
Fidelity® VIP Mid Cap Initial Class Subaccount |
Fidelity® VIP Mid Cap Service Class 2 Subaccount |
Fidelity® VIP Overseas Initial Class Subaccount |
Fidelity® VIP Value Strategies Service Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 4,488,248 | $ | 8,427,986 | $ | 1,062,900 | $ | 2,835,036 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
17,671 | 18,136 | 8,014 | 18,797 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
50,000 | 102,140 | 10,544 | 37,904 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(32,329 | ) | (84,004 | ) | (2,530 | ) | (19,107 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
238,118 | 464,862 | 7,490 | 102,044 | ||||||||||||
| Realized Gain (Loss) on Investments |
23,331 | 20,354 | 15,735 | 71,739 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
261,449 | 485,216 | 23,225 | 173,783 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(926,265 | ) | (1,748,635 | ) | (292,351 | ) | (379,283 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(664,816 | ) | (1,263,419 | ) | (269,126 | ) | (205,500 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(697,145 | ) | (1,347,423 | ) | (271,656 | ) | (224,607 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(484,343 | ) | (654,769 | ) | (83,949 | ) | (507,345 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(1,181,488 | ) | (2,002,192 | ) | (355,605 | ) | (731,952 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 3,306,760 | $ | 6,425,794 | $ | 707,295 | $ | 2,103,084 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
19,111 | 22,042 | 7,441 | 19,635 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
45,379 | 91,542 | 9,961 | 34,854 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(26,268 | ) | (69,500 | ) | (2,520 | ) | (15,219 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
87,898 | 166,689 | 1,882 | 82,839 | ||||||||||||
| Realized Gain (Loss) on Investments |
37,242 | 23,700 | 22,988 | 43,508 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
125,140 | 190,389 | 24,870 | 126,347 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
313,979 | 621,092 | 105,433 | 271,117 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
439,119 | 811,481 | 130,303 | 397,464 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
412,851 | 741,981 | 127,783 | 382,245 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(338,030 | ) | (1,175,865 | ) | (81,878 | ) | (138,126 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
74,821 | (433,884 | ) | 45,905 | 244,119 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 3,381,581 | $ | 5,991,910 | $ | 753,200 | $ | 2,347,203 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
27 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Franklin Income Class 2 Shares Subaccount |
Franklin Mutual Shares Class 2 Subaccount |
Franklin Rising Dividends Class 2 Subaccount |
Franklin Small Cap Value Class 2 Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 261,989 | $ | 3,593,839 | $ | 1,834,689 | $ | 1,212,722 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
11,735 | 59,389 | 12,312 | 10,648 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
2,601 | 45,911 | 21,780 | 14,309 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
9,134 | 13,478 | (9,468 | ) | (3,661 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
4,763 | 358,654 | 196,445 | 200,940 | ||||||||||||
| Realized Gain (Loss) on Investments |
917 | 8,956 | 20,322 | (32,703 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
5,680 | 367,610 | 216,767 | 168,237 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(30,663 | ) | (689,052 | ) | (422,483 | ) | (300,704 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(24,983 | ) | (321,442 | ) | (205,716 | ) | (132,467 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(15,849 | ) | (307,964 | ) | (215,184 | ) | (136,128 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(52,567 | ) | (224,822 | ) | (132,545 | ) | (102,096 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(68,416 | ) | (532,786 | ) | (347,729 | ) | (238,224 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 193,573 | $ | 3,061,053 | $ | 1,486,960 | $ | 974,498 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
6,218 | 57,276 | 13,023 | 5,035 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
1,381 | 42,710 | 20,061 | 12,516 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
4,837 | 14,566 | (7,038 | ) | (7,481 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
7,538 | 263,623 | 149,467 | 54,588 | ||||||||||||
| Realized Gain (Loss) on Investments |
1,165 | (52,208 | ) | 23,978 | (38,556 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
8,703 | 211,415 | 173,445 | 16,032 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(3,524 | ) | 117,504 | (23,400 | ) | 92,190 | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
5,179 | 328,919 | 150,045 | 108,222 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
10,016 | 343,485 | 143,007 | 100,741 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(76,704 | ) | (232,490 | ) | (255,722 | ) | (104,918 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(66,688 | ) | 110,995 | (112,715 | ) | (4,177 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 126,885 | $ | 3,172,048 | $ | 1,374,245 | $ | 970,321 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
28 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Franklin Small-Mid Cap Growth Class 2 Shares Subaccount |
Franklin Templeton Developing Markets Class 2 Shares Subaccount |
Franklin Templeton Foreign Class 2 Subaccount |
Invesco V.I. American Franchise Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 6,582,401 | $ | 542,392 | $ | 1,750,482 | $ | 2,689,036 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 12,321 | 46,839 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
63,275 | 6,734 | 21,179 | 28,396 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(63,275 | ) | 5,587 | 25,660 | (28,396 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
1,151,680 | 35,602 | - | 541,589 | ||||||||||||
| Realized Gain (Loss) on Investments |
(203,659 | ) | (7,068 | ) | (8,986 | ) | 46,534 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
948,021 | 28,534 | (8,986 | ) | 588,123 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(3,078,215 | ) | (162,438 | ) | (166,941 | ) | (1,413,865 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(2,130,194 | ) | (133,904 | ) | (175,927 | ) | (825,742 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(2,193,469 | ) | (128,317 | ) | (150,267 | ) | (854,138 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(643,069 | ) | 14,729 | (159,288 | ) | (100,926 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(2,836,538 | ) | (113,588 | ) | (309,555 | ) | (955,064 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 3,745,863 | $ | 428,804 | $ | 1,440,927 | $ | 1,733,972 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 9,298 | 49,178 | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
49,296 | 6,453 | 21,166 | 27,698 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(49,296 | ) | 2,845 | 28,012 | (27,698 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 337 | - | 45,213 | ||||||||||||
| Realized Gain (Loss) on Investments |
(460,329 | ) | (5,403 | ) | (4,393 | ) | 64,124 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(460,329 | ) | (5,066 | ) | (4,393 | ) | 109,337 | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
1,316,366 | 48,564 | 241,789 | 572,350 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
856,037 | 43,498 | 237,396 | 681,687 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
806,741 | 46,343 | 265,408 | 653,989 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(863,207 | ) | (25,950 | ) | (142,163 | ) | (186,838 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(56,466 | ) | 20,393 | 123,245 | 467,151 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 3,689,397 | $ | 449,197 | $ | 1,564,172 | $ | 2,201,123 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
29 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. American Franchise Subaccount |
Invesco V.I. American Value Series II Subaccount |
Invesco V.I. Capital Appreciation Subaccount |
Invesco V.I. Capital Appreciation Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 346,446 | $ | 281,743 | $ | 10,120,569 | $ | 701,382 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 1,427 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,536 | 4,762 | 107,957 | 7,632 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(3,536 | ) | (3,335 | ) | (107,957 | ) | (7,632 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
73,751 | 57,796 | 2,607,171 | 189,620 | ||||||||||||
| Realized Gain (Loss) on Investments |
5,583 | (1,423 | ) | 12,808 | 3,663 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
79,334 | 56,373 | 2,619,979 | 193,283 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(186,252 | ) | (55,706 | ) | (5,637,143 | ) | (405,316 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(106,918 | ) | 667 | (3,017,164 | ) | (212,033 | ) | |||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(110,454 | ) | (2,668 | ) | (3,125,121 | ) | (219,665 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(13,812 | ) | 531,097 | (692,334 | ) | (27,962 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(124,266 | ) | 528,429 | (3,817,455 | ) | (247,627 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 222,180 | $ | 810,172 | $ | 6,303,114 | $ | 453,755 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 3,419 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,510 | 10,433 | 94,484 | 7,042 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(3,510 | ) | (7,014 | ) | (94,484 | ) | (7,042 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
6,595 | 190,422 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
1,507 | (34,241 | ) | (358,134 | ) | (20,402 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
8,102 | 156,181 | (358,134 | ) | (20,402 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
80,403 | (42,554 | ) | 2,382,424 | 167,262 | |||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
88,505 | 113,627 | 2,024,290 | 146,860 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
84,995 | 106,613 | 1,929,806 | 139,818 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(8,420 | ) | (10,314 | ) | (820,732 | ) | (59,745 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
76,575 | 96,299 | 1,109,074 | 80,073 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 298,755 | $ | 906,471 | $ | 7,412,188 | $ | 533,828 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
30 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. Comstock Series II Subaccount |
Invesco V.I. Conservative Balanced Subaccount |
Invesco V.I. Conservative Balanced Subaccount |
Invesco V.I. Core Equity Series I Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,377,726 | $ | 1,291,850 | $ | 43,203 | $ | 8,214,309 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
16,339 | 14,835 | 280 | 61,088 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
14,480 | 15,449 | 414 | 96,444 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
1,859 | (614 | ) | (134 | ) | (35,356 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
37,257 | 80,837 | 1,852 | 1,038,164 | ||||||||||||
| Realized Gain (Loss) on Investments |
40,187 | 10,357 | 924 | (70,311 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
77,444 | 91,194 | 2,776 | 967,853 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(84,940 | ) | (320,152 | ) | (9,865 | ) | (2,670,428 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(7,496 | ) | (228,958 | ) | (7,089 | ) | (1,702,575 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(5,637 | ) | (229,572 | ) | (7,223 | ) | (1,737,931 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(200,002 | ) | (59,326 | ) | (15,192 | ) | (557,884 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(205,639 | ) | (288,898 | ) | (22,415 | ) | (2,295,815 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 1,172,087 | $ | 1,002,952 | $ | 20,788 | $ | 5,918,494 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
16,543 | 19,265 | 290 | 45,523 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
12,559 | 14,478 | 233 | 89,742 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
3,984 | 4,787 | 57 | (44,219 | ) | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
119,136 | - | - | 146,907 | ||||||||||||
| Realized Gain (Loss) on Investments |
24,190 | 2,878 | (680 | ) | (158,544 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
143,326 | 2,878 | (680 | ) | (11,637 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(39,648 | ) | 99,313 | 2,518 | 1,276,898 | |||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
103,678 | 102,191 | 1,838 | 1,265,261 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
107,662 | 106,978 | 1,895 | 1,221,042 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(242,008 | ) | (58,958 | ) | (5,336 | ) | (605,693 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(134,346 | ) | 48,020 | (3,441 | ) | 615,349 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,037,741 | $ | 1,050,972 | $ | 17,347 | $ | 6,533,843 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
31 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. Core Equity Series II Subaccount |
Invesco V.I. Discovery Mid Cap Growth Series II Shares Subaccount |
Invesco V.I. Equity and Income Subaccount |
Invesco V.I. EQV International Equity Series I Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,355,162 | $ | 220,214 | $ | 3,283,159 | $ | 480,432 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
6,703 | - | 42,331 | 6,543 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
14,844 | 1,954 | 36,204 | 5,811 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(8,141 | ) | (1,954 | ) | 6,127 | 732 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
168,366 | 47,120 | 390,606 | 41,733 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,144 | ) | 1,808 | 51,355 | 2,043 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
167,222 | 48,928 | 441,961 | 43,776 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(442,133 | ) | (116,045 | ) | (738,613 | ) | (136,360 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(274,911 | ) | (67,117 | ) | (296,652 | ) | (92,584 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(283,052 | ) | (69,071 | ) | (290,525 | ) | (91,852 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(116,044 | ) | (16,121 | ) | (213,413 | ) | (31,373 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(399,096 | ) | (85,192 | ) | (503,938 | ) | (123,225 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 956,066 | $ | 135,022 | $ | 2,779,221 | $ | 357,207 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
4,670 | - | 41,242 | 745 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,674 | 1,639 | 31,758 | 5,674 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(9,004 | ) | (1,639 | ) | 9,484 | (4,929 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
23,199 | - | 125,211 | 279 | ||||||||||||
| Realized Gain (Loss) on Investments |
(58,234 | ) | (11,035 | ) | (28,705 | ) | 1,661 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(35,035 | ) | (11,035 | ) | 96,506 | 1,940 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
231,857 | 26,265 | 99,616 | 59,607 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
196,822 | 15,230 | 196,122 | 61,547 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
187,818 | 13,591 | 205,606 | 56,618 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(174,876 | ) | (28,324 | ) | (581,332 | ) | (27,678 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
12,942 | (14,733 | ) | (375,726 | ) | 28,940 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 969,008 | $ | 120,289 | $ | 2,403,495 | $ | 386,147 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
32 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. EQV International Equity Series II Shares Subaccount |
Invesco V.I. Global Series I Shares Subaccount |
Invesco V.I. Global Series II Shares Subaccount |
Invesco V.I. Global Strategic Income Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 68,001 | $ | 2,417,890 | $ | 152,132 | $ | 1,683,488 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
777 | - | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
649 | 25,301 | 576 | 19,351 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
128 | (25,301 | ) | (576 | ) | (19,351 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
6,078 | 302,577 | 5,418 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(73 | ) | 24,391 | 21,784 | (115,890 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
6,005 | 326,968 | 27,202 | (115,890 | ) | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(19,273 | ) | (1,076,878 | ) | (51,293 | ) | (86,095 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(13,268 | ) | (749,910 | ) | (24,091 | ) | (201,985 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(13,140 | ) | (775,211 | ) | (24,667 | ) | (221,336 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,852 | ) | (70,285 | ) | (99,816 | ) | (276,935 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(15,992 | ) | (845,496 | ) | (124,483 | ) | (498,271 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 52,009 | $ | 1,572,394 | $ | 27,649 | $ | 1,185,217 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 4,140 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
646 | 26,473 | 446 | 15,890 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(646 | ) | (22,333 | ) | (446 | ) | (15,890 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
41 | 209,341 | 3,856 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(389 | ) | 7,422 | (184 | ) | (36,348 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(348 | ) | 216,763 | 3,672 | (36,348 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
9,344 | 309,640 | 5,717 | 135,049 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
8,996 | 526,403 | 9,389 | 98,701 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
8,350 | 504,070 | 8,943 | 82,811 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,965 | ) | (77,205 | ) | (606 | ) | (122,233 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
5,385 | 426,865 | 8,337 | (39,422 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 57,394 | $ | 1,999,259 | $ | 35,986 | $ | 1,145,795 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
33 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. Global Strategic Income Subaccount |
Invesco V.I. Government Securities Subaccount |
Invesco V.I. Government Securities Subaccount |
Invesco V.I. Main Street Series I Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 532,788 | $ | 334,788 | $ | 277,701 | $ | 4,616,392 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 5,852 | 4,596 | 49,933 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
6,273 | 3,829 | 3,989 | 53,030 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(6,273 | ) | 2,023 | 607 | (3,097 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | 1,287,039 | ||||||||||||
| Realized Gain (Loss) on Investments |
(40,472 | ) | (6,112 | ) | (3,628 | ) | (21,842 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(40,472 | ) | (6,112 | ) | (3,628 | ) | 1,265,197 | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(25,702 | ) | (32,953 | ) | (30,303 | ) | (2,238,023 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(66,174 | ) | (39,065 | ) | (33,931 | ) | (972,826 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(72,447 | ) | (37,042 | ) | (33,324 | ) | (975,923 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(114,619 | ) | (31,888 | ) | (3,577 | ) | (600,506 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(187,066 | ) | (68,930 | ) | (36,901 | ) | (1,576,429 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 345,722 | $ | 265,858 | $ | 240,800 | $ | 3,039,963 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 5,333 | 4,296 | 27,852 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
4,928 | 3,368 | 3,596 | 47,675 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(4,928 | ) | 1,965 | 700 | (19,823 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | 226,469 | ||||||||||||
| Realized Gain (Loss) on Investments |
(8,650 | ) | (6,786 | ) | (3,131 | ) | (215,818 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(8,650 | ) | (6,786 | ) | (3,131 | ) | 10,651 | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
36,741 | 12,921 | 9,008 | 641,602 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
28,091 | 6,135 | 5,877 | 652,253 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
23,163 | 8,100 | 6,577 | 632,430 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(29,366 | ) | (27,690 | ) | (13,134 | ) | (298,484 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(6,203 | ) | (19,590 | ) | (6,557 | ) | 333,946 | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 339,519 | $ | 246,268 | $ | 234,243 | $ | 3,373,909 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
34 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Invesco V.I. Main Street Series II Subaccount |
Invesco V.I. Main Street Mid Cap Subaccount |
Invesco V.I. Main Street Small Cap Subaccount |
Janus Henderson - Balanced Service Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 614,070 | $ | 294,844 | $ | 62,522 | $ | 3,508,365 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
5,903 | 171 | 123 | 30,146 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
8,584 | 3,218 | 861 | 37,648 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,681 | ) | (3,047 | ) | (738 | ) | (7,502 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
205,159 | 52,249 | 5,756 | 76,194 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,134 | ) | (8,655 | ) | 293 | 195,585 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
204,025 | 43,594 | 6,049 | 271,779 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(339,912 | ) | (85,894 | ) | (16,098 | ) | (844,237 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(135,887 | ) | (42,300 | ) | (10,049 | ) | (572,458 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(138,568 | ) | (45,347 | ) | (10,787 | ) | (579,960 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
5,356 | (29,016 | ) | (6,896 | ) | (428,957 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(133,212 | ) | (74,363 | ) | (17,683 | ) | (1,008,917 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 480,858 | $ | 220,481 | $ | 44,839 | $ | 2,499,448 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
2,588 | 91 | 441 | 47,142 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
8,147 | 2,930 | 756 | 36,292 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(5,559 | ) | (2,839 | ) | (315 | ) | 10,850 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
36,951 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(26,041 | ) | (9,519 | ) | (176 | ) | 38,550 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
10,910 | (9,519 | ) | (176 | ) | 38,550 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
93,404 | 38,386 | 7,412 | 286,739 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
104,314 | 28,867 | 7,236 | 325,289 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
98,755 | 26,028 | 6,921 | 336,139 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(23,682 | ) | (16,799 | ) | (1,744 | ) | (23,046 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
75,073 | 9,229 | 5,177 | 313,093 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 555,931 | $ | 229,710 | $ | 50,016 | $ | 2,812,541 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
35 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Janus Henderson - Enterprise Service Shares Subaccount |
Janus Henderson - Forty Service Subaccount |
Janus Henderson - Global Research Subaccount |
Janus Henderson - Mid Cap Value Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,615,499 | $ | 258,868 | $ | 1,539,019 | $ | 111,888 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
3,673 | 97 | 18,353 | 1,210 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
19,938 | 2,664 | 19,959 | 1,926 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(16,265 | ) | (2,567 | ) | (1,606 | ) | (716 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
238,841 | 32,117 | 135,779 | 8,239 | ||||||||||||
| Realized Gain (Loss) on Investments |
42,657 | (659 | ) | 51,191 | 316 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
281,498 | 31,458 | 186,970 | 8,555 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(547,645 | ) | (118,152 | ) | (508,340 | ) | (16,222 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(266,147 | ) | (86,694 | ) | (321,370 | ) | (7,667 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(282,412 | ) | (89,261 | ) | (322,976 | ) | (8,383 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(75,570 | ) | (8,378 | ) | (116,034 | ) | (1,003 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(357,982 | ) | (97,639 | ) | (439,010 | ) | (9,386 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 1,257,517 | $ | 161,229 | $ | 1,100,009 | $ | 102,502 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
1,166 | 235 | 9,116 | 989 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
19,227 | 2,665 | 19,091 | 1,899 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(18,061 | ) | (2,430 | ) | (9,975 | ) | (910 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
100,581 | - | 34,255 | 2,933 | ||||||||||||
| Realized Gain (Loss) on Investments |
60,013 | 1,540 | 38,978 | 139 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
160,594 | 1,540 | 73,233 | 3,072 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
54,213 | 61,364 | 195,428 | 6,977 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
214,807 | 62,904 | 268,661 | 10,049 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
196,746 | 60,474 | 258,686 | 9,139 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(114,333 | ) | (9,073 | ) | (72,624 | ) | (1,911 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
82,413 | 51,401 | 186,062 | 7,228 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,339,930 | $ | 212,630 | $ | 1,286,071 | $ | 109,730 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
36 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Janus Henderson - Overseas Service Shares Subaccount |
Janus Henderson - Research Service Shares Subaccount |
LVIP JPMorgan Core Bond Standard Subaccount(1) |
LVIP JPMorgan Mid Cap Value Subaccount(1) | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,219,531 | $ | 979,481 | $ | - | $ | - | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
17,340 | 4,206 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
14,488 | 9,943 | - | - | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
2,852 | (5,737 | ) | - | - | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 133,127 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(17,704 | ) | 24,811 | - | - | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(17,704 | ) | 157,938 | - | - | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(113,979 | ) | (453,060 | ) | - | - | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(131,683 | ) | (295,122 | ) | - | - | ||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(128,831 | ) | (300,859 | ) | - | - | ||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(117,442 | ) | (96,266 | ) | - | - | ||||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(246,273 | ) | (397,125 | ) | - | - | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 973,258 | $ | 582,356 | $ | - | $ | - | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
14,314 | 428 | 32,123 | 17,150 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
13,977 | 9,709 | 29,500 | 13,093 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
337 | (9,281 | ) | 2,623 | 4,057 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
2,981 | 1,552 | (12,862 | ) | 2,068 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
2,981 | 1,552 | (12,862 | ) | 2,068 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
83,731 | 244,064 | 11,116 | 79,788 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
86,712 | 245,616 | (1,746 | ) | 81,856 | |||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
87,049 | 236,335 | 877 | 85,913 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(47,875 | ) | (7,207 | ) | 2,067,907 | 877,914 | ||||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
39,174 | 229,128 | 2,068,784 | 963,827 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,012,432 | $ | 811,484 | $ | 2,068,784 | $ | 963,827 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
37 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| LVIP JPMorgan U.S. Equity Standard Subaccount(1) |
MFS® Core Equity Initial Class Subaccount |
MFS® Growth Initial Class Subaccount |
MFS® Growth Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | - | $ | 49,135 | $ | 6,026,084 | $ | 1,553,674 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 119 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
- | 499 | 64,399 | 15,190 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
- | (380 | ) | (64,399 | ) | (15,190 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 4,197 | 484,540 | 142,090 | ||||||||||||
| Realized Gain (Loss) on Investments |
- | 1,667 | 401,861 | 40,350 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
- | 5,864 | 886,401 | 182,440 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
- | (14,209 | ) | (2,713,264 | ) | (671,344 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
- | (8,345 | ) | (1,826,863 | ) | (488,904 | ) | |||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
- | (8,725 | ) | (1,891,262 | ) | (504,094 | ) | |||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
- | (5,709 | ) | (512,810 | ) | (162,425 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
- | (14,434 | ) | (2,404,072 | ) | (666,519 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | - | $ | 34,701 | $ | 3,622,012 | $ | 887,155 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
12,141 | 158 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
22,702 | 397 | 60,951 | 13,406 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(10,561 | ) | (239 | ) | (60,951 | ) | (13,406 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
7,080 | 1,407 | 310,966 | 86,101 | ||||||||||||
| Realized Gain (Loss) on Investments |
20,613 | 1,336 | 129,032 | 23,439 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
27,693 | 2,743 | 439,998 | 109,540 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
211,184 | 3,493 | 790,432 | 196,042 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
238,877 | 6,236 | 1,230,430 | 305,582 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
228,316 | 5,997 | 1,169,479 | 292,176 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
1,409,957 | (9,342 | ) | (421,499 | ) | (57,651 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
1,638,273 | (3,345 | ) | 747,980 | 234,525 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,638,273 | $ | 31,356 | $ | 4,369,992 | $ | 1,121,680 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
38 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| MFS® Massachusetts Investors Growth Stock Initial Class Subaccount |
MFS® Massachusetts Investors Subaccount |
MFS® New Discovery Initial Class Subaccount |
MFS® New Discovery Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 71,470 | $ | 1,584,017 | $ | 512,267 | $ | 507,625 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
60 | - | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
764 | 15,970 | 4,864 | 5,425 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(704 | ) | (15,970 | ) | (4,864 | ) | (5,425 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
7,784 | 177,243 | 115,743 | 132,855 | ||||||||||||
| Realized Gain (Loss) on Investments |
1,201 | 44,380 | (15,410 | ) | (4,803 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
8,985 | 221,623 | 100,333 | 128,052 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(22,388 | ) | (525,948 | ) | (249,901 | ) | (277,889 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(13,403 | ) | (304,325 | ) | (149,568 | ) | (149,837 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(14,107 | ) | (320,295 | ) | (154,432 | ) | (155,262 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(4,662 | ) | (95,232 | ) | (27,324 | ) | (15,745 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(18,769 | ) | (415,527 | ) | (181,756 | ) | (171,007 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 52,701 | $ | 1,168,490 | $ | 330,511 | $ | 336,618 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
169 | 550 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
751 | 15,020 | 4,258 | 5,074 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(582 | ) | (14,470 | ) | (4,258 | ) | (5,074 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
2,928 | 59,455 | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
734 | 61,008 | (41,350 | ) | (17,614 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
3,662 | 120,463 | (41,350 | ) | (17,614 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
8,389 | 126,865 | 85,758 | 64,225 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
12,051 | 247,328 | 44,408 | 46,611 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
11,469 | 232,858 | 40,150 | 41,537 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(3,075 | ) | (220,942 | ) | (48,000 | ) | (25,560 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
8,394 | 11,916 | (7,850 | ) | 15,977 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 61,095 | $ | 1,180,406 | $ | 322,661 | $ | 352,595 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
39 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| MFS® Research Initial Class Subaccount |
MFS® Research Service Class Subaccount |
MFS® Total Return Initial Class Subaccount |
MFS® Total Return Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,921,111 | $ | 1,373,686 | $ | 6,839,712 | $ | 3,017,668 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
7,425 | 2,158 | 100,791 | 38,848 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
22,318 | 16,097 | 82,291 | 40,088 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(14,893 | ) | (13,939 | ) | 18,500 | (1,240 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
193,790 | 143,564 | 504,126 | 231,033 | ||||||||||||
| Realized Gain (Loss) on Investments |
56,177 | 19,528 | 151,232 | 44,537 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
249,967 | 163,092 | 655,358 | 275,570 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(583,718 | ) | (396,774 | ) | (1,405,965 | ) | (608,477 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(333,751 | ) | (233,682 | ) | (750,607 | ) | (332,907 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(348,644 | ) | (247,621 | ) | (732,107 | ) | (334,147 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(172,502 | ) | (100,033 | ) | (669,740 | ) | (208,718 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(521,146 | ) | (347,654 | ) | (1,401,847 | ) | (542,865 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 1,399,965 | $ | 1,026,032 | $ | 5,437,865 | $ | 2,474,803 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
7,422 | 2,568 | 107,291 | 39,464 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
20,663 | 14,714 | 74,290 | 32,704 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(13,241 | ) | (12,146 | ) | 33,001 | 6,760 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
78,436 | 57,207 | 223,456 | 94,191 | ||||||||||||
| Realized Gain (Loss) on Investments |
22,769 | 30,020 | 72,405 | 66,469 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
101,205 | 87,227 | 295,861 | 160,660 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
185,727 | 117,238 | 128,518 | 15,458 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
286,932 | 204,465 | 424,379 | 176,118 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
273,691 | 192,319 | 457,380 | 182,878 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(148,070 | ) | (200,719 | ) | (452,272 | ) | (479,291 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
125,621 | (8,400 | ) | 5,108 | (296,413 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 1,525,586 | $ | 1,017,632 | $ | 5,442,973 | $ | 2,178,390 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
40 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| MFS® Total Return Bond Initial Class Subaccount |
MFS® Total Return Bond Service Subaccount |
MFS® Utilities Initial Class Subaccount |
MFS® Utilities Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 168,229 | $ | 1,289,630 | $ | 5,558,397 | $ | 1,010,804 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
4,111 | 27,451 | 122,561 | 21,350 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
1,983 | 13,176 | 70,646 | 13,827 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
2,128 | 14,275 | 51,915 | 7,523 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
1,732 | 12,995 | 194,264 | 37,538 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,372 | ) | (24,831 | ) | 164,490 | 16,935 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
360 | (11,836 | ) | 358,754 | 54,473 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(27,499 | ) | (193,448 | ) | (450,566 | ) | (75,795 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(27,139 | ) | (205,284 | ) | (91,812 | ) | (21,322 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(25,011 | ) | (191,009 | ) | (39,897 | ) | (13,799 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(11,675 | ) | (120,868 | ) | (560,475 | ) | (115,405 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(36,686 | ) | (311,877 | ) | (600,372 | ) | (129,204 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 131,543 | $ | 977,753 | $ | 4,958,025 | $ | 881,600 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
4,150 | 27,678 | 158,670 | 25,144 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
1,764 | 11,084 | 62,639 | 11,251 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
2,386 | 16,594 | 96,031 | 13,893 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | 245,518 | 42,176 | ||||||||||||
| Realized Gain (Loss) on Investments |
(2,206 | ) | (46,514 | ) | 46,463 | 16,809 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(2,206 | ) | (46,514 | ) | 291,981 | 58,985 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
7,344 | 79,693 | (559,889 | ) | (103,911 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
5,138 | 33,179 | (267,908 | ) | (44,926 | ) | ||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
7,524 | 49,773 | (171,877 | ) | (31,033 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(7,260 | ) | (174,267 | ) | (493,565 | ) | (115,194 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
264 | (124,494 | ) | (665,442 | ) | (146,227 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 131,807 | $ | 853,259 | $ | 4,292,583 | $ | 735,373 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
41 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Putnam VT Core Equity Class IB Subaccount |
Putnam VT Diversified Income Class IB Shares Subaccount |
Putnam VT Focused International Subaccount |
Putnam VT George Putnam Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 3,490 | $ | 243,420 | $ | 930,397 | $ | 857,856 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
30 | 15,522 | 14,040 | 6,626 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
41 | 3,483 | 11,568 | 10,345 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(11 | ) | 12,039 | 2,472 | (3,719 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
789 | 4,902 | 318,641 | 58,152 | ||||||||||||
| Realized Gain (Loss) on Investments |
(18 | ) | (10,492 | ) | 3,557 | 4,798 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
771 | (5,590 | ) | 322,198 | 62,950 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(1,347 | ) | (15,609 | ) | (507,294 | ) | (205,125 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(576 | ) | (21,199 | ) | (185,096 | ) | (142,175 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(587 | ) | (9,160 | ) | (182,624 | ) | (145,894 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(215 | ) | (21,956 | ) | 7,067 | (45,570 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(802 | ) | (31,116 | ) | (175,557 | ) | (191,464 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 2,688 | $ | 212,304 | $ | 754,840 | $ | 666,392 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
1 | 12,529 | 5,406 | 8,289 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
7 | 3,110 | 11,544 | 9,547 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(6 | ) | 9,419 | (6,138 | ) | (1,258 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
22 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
2 | (6,254 | ) | 6,589 | 22,616 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
24 | (6,254 | ) | 6,589 | 22,616 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
228 | 3,450 | 128,830 | 93,648 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
252 | (2,804 | ) | 135,419 | 116,264 | |||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
246 | 6,615 | 129,281 | 115,006 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(2,651 | ) | (8,784 | ) | (45,570 | ) | (62,576 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(2,405 | ) | (2,169 | ) | 83,711 | 52,430 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 283 | $ | 210,135 | $ | 838,551 | $ | 718,822 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
42 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Putnam VT Global Health Care Class IB Shares Subaccount |
Putnam VT Government Money Subaccount |
Putnam VT Income Class IB Shares Subaccount |
Putnam VT International Equity Class IB Shares Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 196,061 | $ | 2,072,030 | $ | 163,373 | $ | 102,923 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
719 | 22,612 | 8,223 | 1,322 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
2,616 | 28,686 | 1,839 | 1,095 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(1,897 | ) | (6,074 | ) | 6,384 | 227 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
16,318 | - | - | 9,464 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,884 | ) | - | (871 | ) | (6,454 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
14,434 | - | (871 | ) | 3,010 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(24,406 | ) | - | (29,778 | ) | (22,846 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(9,972 | ) | - | (30,649 | ) | (19,836 | ) | |||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(11,869 | ) | (6,074 | ) | (24,265 | ) | (19,609 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(8,276 | ) | (354,495 | ) | (1,567 | ) | (32,483 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(20,145 | ) | (360,569 | ) | (25,832 | ) | (52,092 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 175,916 | $ | 1,711,461 | $ | 137,541 | $ | 50,831 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
516 | 75,196 | 7,678 | 20 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
2,560 | 24,572 | 1,686 | 755 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,044 | ) | 50,624 | 5,992 | (735 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
13,666 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(625 | ) | - | (1,327 | ) | 289 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
13,041 | - | (1,327 | ) | 289 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
1,852 | - | (17 | ) | 8,929 | |||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
14,893 | - | (1,344 | ) | 9,218 | |||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
12,849 | 50,624 | 4,648 | 8,483 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(7,264 | ) | 165,142 | (2,710 | ) | (1,461 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
5,585 | 215,766 | 1,938 | 7,022 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 181,501 | $ | 1,927,227 | $ | 139,479 | $ | 57,853 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
43 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| Putnam VT Large Cap Growth Class IB Shares Subaccount |
Putnam VT Large Cap Value Class IB Shares Subaccount |
Putnam VT Research Class IB Shares Subaccount |
Putnam VT Sustainable Leaders Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,112,233 | $ | 3,461,996 | $ | 177,387 | $ | 11,906 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 48,900 | 853 | 48 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
12,311 | 46,549 | 2,269 | 114 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(12,311 | ) | 2,351 | (1,416 | ) | (66 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
145,372 | 283,302 | 10,680 | 1,340 | ||||||||||||
| Realized Gain (Loss) on Investments |
75,862 | 135,212 | 1,565 | 329 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
221,234 | 418,514 | 12,245 | 1,669 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(543,675 | ) | (580,950 | ) | (43,590 | ) | (4,304 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(322,441 | ) | (162,436 | ) | (31,345 | ) | (2,635 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(334,752 | ) | (160,085 | ) | (32,761 | ) | (2,701 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(174,700 | ) | (110,553 | ) | (719 | ) | (916 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(509,452 | ) | (270,638 | ) | (33,480 | ) | (3,617 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 602,781 | $ | 3,191,358 | $ | 143,907 | $ | 8,289 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
- | 56,904 | 1,278 | 43 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
10,794 | 39,882 | 2,395 | 108 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(10,794 | ) | 17,022 | (1,117 | ) | (65 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
9,860 | 159,513 | - | 264 | ||||||||||||
| Realized Gain (Loss) on Investments |
10,809 | 135,551 | 1,717 | 100 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
20,669 | 295,064 | 1,717 | 364 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
240,964 | 73,416 | 38,074 | 1,582 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
261,633 | 368,480 | 39,791 | 1,946 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
250,839 | 385,502 | 38,674 | 1,881 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(24,973 | ) | (644,236 | ) | (777 | ) | (708 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
225,866 | (258,734 | ) | 37,897 | 1,173 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 828,647 | $ | 2,932,624 | $ | 181,804 | $ | 9,462 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
44 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA Aegon Bond Initial Class Subaccount |
TA Aegon Bond Service Class Subaccount |
TA Aegon Core Bond Initial Class Subaccount |
TA Aegon High Yield Bond Initial Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 9,185,424 | $ | 5,631,572 | $ | 1,850,509 | $ | 4,256,233 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
179,637 | 89,984 | 46,948 | 184,065 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
113,986 | 46,043 | 25,365 | 60,764 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
65,651 | 43,941 | 21,583 | 123,301 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | 7,463 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(389,800 | ) | (321,445 | ) | (18,317 | ) | (143,434 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(389,800 | ) | (321,445 | ) | (10,854 | ) | (143,434 | ) | ||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(1,064,866 | ) | (543,901 | ) | (265,890 | ) | (496,882 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(1,454,666 | ) | (865,346 | ) | (276,744 | ) | (640,316 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(1,389,015 | ) | (821,405 | ) | (255,161 | ) | (517,015 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(1,595,810 | ) | (1,445,259 | ) | (105,847 | ) | (936,333 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(2,984,825 | ) | (2,266,664 | ) | (361,008 | ) | (1,453,348 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 6,200,599 | $ | 3,364,908 | $ | 1,489,501 | $ | 2,802,885 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
61,232 | 18,814 | 39,431 | 125,296 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
101,917 | 32,912 | 22,694 | 50,671 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(40,685 | ) | (14,098 | ) | 16,737 | 74,625 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(260,034 | ) | (204,767 | ) | (29,672 | ) | (113,285 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(260,034 | ) | (204,767 | ) | (29,672 | ) | (113,285 | ) | ||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
571,779 | 358,850 | 75,067 | 267,655 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
311,745 | 154,083 | 45,395 | 154,370 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
271,060 | 139,985 | 62,132 | 228,995 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(29,822 | ) | (762,416 | ) | (113,250 | ) | (285,221 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
241,238 | (622,431 | ) | (51,118 | ) | (56,226 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 6,441,837 | $ | 2,742,477 | $ | 1,438,383 | $ | 2,746,659 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
45 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA Aegon High Yield Bond Service Subaccount |
TA Aegon Sustainable Equity Subaccount |
TA Aegon Sustainable Equity Subaccount |
TA Aegon U.S. Government Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 379,575 | $ | 13,619,172 | $ | 2,412,027 | $ | 2,082,552 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
17,713 | 252,486 | 34,856 | 22,437 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,304 | 186,404 | 20,395 | 41,833 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
14,409 | 66,082 | 14,461 | (19,396 | ) | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 409,684 | 65,837 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(8,722 | ) | 100,948 | 47,348 | (295,213 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(8,722 | ) | 510,632 | 113,185 | (295,213 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(50,139 | ) | (2,395,175 | ) | (427,492 | ) | (58,215 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(58,861 | ) | (1,884,543 | ) | (314,307 | ) | (353,428 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(44,452 | ) | (1,818,461 | ) | (299,846 | ) | (372,824 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(56,753 | ) | (1,131,085 | ) | (329,849 | ) | 138,928 | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(101,205 | ) | (2,949,546 | ) | (629,695 | ) | (233,896 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 278,370 | $ | 10,669,626 | $ | 1,782,332 | $ | 1,848,656 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
11,493 | 229,064 | 31,195 | 36,547 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
2,732 | 166,692 | 16,977 | 43,923 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
8,761 | 62,372 | 14,218 | (7,376 | ) | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(3,934 | ) | 15,398 | (19,934 | ) | (62,489 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(3,934 | ) | 15,398 | (19,934 | ) | (62,489 | ) | |||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
21,001 | 365,379 | 76,329 | 102,359 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
17,067 | 380,777 | 56,395 | 39,870 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
25,828 | 443,149 | 70,613 | 32,494 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(17,349 | ) | (619,862 | ) | (219,125 | ) | 278,444 | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
8,479 | (176,713 | ) | (148,512 | ) | 310,938 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 286,849 | $ | 10,492,913 | $ | 1,633,820 | $ | 2,159,594 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
46 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA Aegon U.S. Government Securities Service Class Subaccount |
TA BlackRock Government Subaccount |
TA BlackRock Government Money Market Service Class Subaccount |
TA BlackRock iShares Edge 40 Initial Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 1,578,557 | $ | 7,961,816 | $ | 6,326,418 | $ | 1,644,342 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
23,684 | 122,784 | 83,493 | 23,485 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
29,411 | 163,153 | 66,803 | 22,738 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(5,727 | ) | (40,369 | ) | 16,690 | 747 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | 51,111 | ||||||||||||
| Realized Gain (Loss) on Investments |
(87,292 | ) | - | - | (30,512 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(87,292 | ) | - | - | 20,599 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(217,452 | ) | - | - | (265,531 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(304,744 | ) | - | - | (244,932 | ) | ||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(310,471 | ) | (40,369 | ) | 16,690 | (244,185 | ) | |||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
1,783,011 | 698,923 | (1,032,498 | ) | (261,576 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
1,472,540 | 658,554 | (1,015,808 | ) | (505,761 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 3,051,097 | $ | 8,620,370 | $ | 5,310,610 | $ | 1,138,581 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
39,604 | 322,000 | 190,858 | 26,122 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
31,899 | 133,191 | 47,708 | 19,719 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
7,705 | 188,809 | 143,150 | 6,403 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | - | 17,766 | ||||||||||||
| Realized Gain (Loss) on Investments |
(118,352 | ) | - | - | (14,272 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(118,352 | ) | - | - | 3,494 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
180,128 | - | - | 73,048 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
61,776 | - | - | 76,542 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
69,481 | 188,809 | 143,150 | 82,945 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(769,236 | ) | (2,366,864 | ) | (1,410,436 | ) | (60,100 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(699,755 | ) | (2,178,055 | ) | (1,267,286 | ) | 22,845 | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 2,351,342 | $ | 6,442,315 | $ | 4,043,324 | $ | 1,161,426 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
47 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA BlackRock iShares Edge 40 Subaccount |
TA BlackRock Real Estate Securities Subaccount |
TA BlackRock Real Estate Securities Service Class Subaccount |
TA International Focus Initial Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 433,905 | $ | 475,080 | $ | 287,677 | $ | 1,536,548 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
5,601 | 12,192 | 5,997 | 29,410 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,886 | 6,138 | 1,943 | 18,493 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
1,715 | 6,054 | 4,054 | 10,917 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
14,626 | - | - | 51,500 | ||||||||||||
| Realized Gain (Loss) on Investments |
(2,117 | ) | (27,215 | ) | (4,169 | ) | 4,245 | |||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
12,509 | (27,215 | ) | (4,169 | ) | 55,745 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(78,127 | ) | (131,179 | ) | (76,874 | ) | (359,063 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(65,618 | ) | (158,394 | ) | (81,043 | ) | (303,318 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(63,903 | ) | (152,340 | ) | (76,989 | ) | (292,401 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(44,643 | ) | (26,694 | ) | (34,009 | ) | (372,729 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(108,546 | ) | (179,034 | ) | (110,998 | ) | (665,130 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 325,359 | $ | 296,046 | $ | 176,679 | $ | 871,418 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
6,345 | 20,446 | 9,458 | 17,640 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
3,431 | 5,493 | 1,625 | 16,087 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
2,914 | 14,953 | 7,833 | 1,553 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
4,952 | - | - | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(6,544 | ) | (24,662 | ) | (2,110 | ) | (5,052 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(1,592 | ) | (24,662 | ) | (2,110 | ) | (5,052 | ) | ||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
22,887 | 30,682 | 15,594 | 91,526 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
21,295 | 6,020 | 13,484 | 86,474 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
24,209 | 20,973 | 21,317 | 88,027 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(33,348 | ) | (21,432 | ) | 3,511 | (57,243 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(9,139 | ) | (459 | ) | 24,828 | 30,784 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 316,220 | $ | 295,587 | $ | 201,507 | $ | 902,202 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
48 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA International Focus Service Class Subaccount |
TA Janus Mid-Cap Growth Initial Subaccount |
TA Janus Mid-Cap Growth Service Subaccount |
TA JPMorgan Asset Allocation - Conservative Initial Class | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 889,230 | $ | 10,372,495 | $ | 815,131 | $ | 12,486,252 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
19,423 | - | - | 581,421 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
6,052 | 125,090 | 7,229 | 172,436 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
13,371 | (125,090 | ) | (7,229 | ) | 408,985 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
37,866 | 1,293,202 | 111,762 | 957,182 | ||||||||||||
| Realized Gain (Loss) on Investments |
4,010 | 312,702 | 6,637 | (48,798 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
41,876 | 1,605,904 | 118,399 | 908,384 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(238,605 | ) | (3,333,085 | ) | (254,226 | ) | (3,356,428 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(196,729 | ) | (1,727,181 | ) | (135,827 | ) | (2,448,044 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(183,358 | ) | (1,852,271 | ) | (143,056 | ) | (2,039,059 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(32,626 | ) | (814,311 | ) | (20,206 | ) | (803,745 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(215,984 | ) | (2,666,582 | ) | (163,262 | ) | (2,842,804 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 673,246 | $ | 7,705,913 | $ | 651,869 | $ | 9,643,448 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
12,645 | - | - | 215,641 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
6,083 | 117,751 | 5,481 | 151,605 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
6,562 | (117,751 | ) | (5,481 | ) | 64,036 | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 1,398,413 | 79,483 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
164 | 12,238 | 5,359 | (318,949 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
164 | 1,410,651 | 84,842 | (318,949 | ) | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
69,358 | (151,764 | ) | (2,239 | ) | 747,382 | ||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
69,522 | 1,258,887 | 82,603 | 428,433 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
76,084 | 1,141,136 | 77,122 | 492,469 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(1,628 | ) | (512,237 | ) | (264,424 | ) | (474,972 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
74,456 | 628,899 | (187,302 | ) | 17,497 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 747,702 | $ | 8,334,812 | $ | 464,567 | $ | 9,660,945 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
49 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA JPMorgan Asset Allocation - Subaccount |
TA JPMorgan Asset Allocation - Subaccount |
TA JPMorgan Asset Allocation - Growth Service Class Subaccount |
TA JPMorgan Asset Allocation - Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 23,899,316 | $ | 12,101,852 | $ | 11,636,639 | $ | 24,327,651 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
1,025,956 | 582,965 | 508,361 | 1,010,770 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
234,085 | 145,620 | 120,463 | 315,660 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
791,871 | 437,345 | 387,898 | 695,110 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
1,789,427 | 1,951,929 | 1,795,451 | 1,868,249 | ||||||||||||
| Realized Gain (Loss) on Investments |
(324,461 | ) | (379,160 | ) | 52,266 | 192,667 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
1,464,966 | 1,572,769 | 1,847,717 | 2,060,916 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(6,038,618 | ) | (4,854,501 | ) | (4,955,388 | ) | (6,755,174 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(4,573,652 | ) | (3,281,732 | ) | (3,107,671 | ) | (4,694,258 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(3,781,781 | ) | (2,844,387 | ) | (2,719,773 | ) | (3,999,148 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(3,235,299 | ) | (1,932,012 | ) | (1,090,296 | ) | (3,165,202 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(7,017,080 | ) | (4,776,399 | ) | (3,810,069 | ) | (7,164,350 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 16,882,236 | $ | 7,325,453 | $ | 7,826,570 | $ | 17,163,301 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
292,490 | 121,051 | 113,915 | 343,388 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
181,886 | 112,354 | 104,944 | 270,112 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
110,604 | 8,697 | 8,971 | 73,276 | ||||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 98,661 | 109,738 | 124,006 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,040,215 | ) | (320,536 | ) | (322,759 | ) | (312,748 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(1,040,215 | ) | (221,875 | ) | (213,021 | ) | (188,742 | ) | ||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
1,684,992 | 1,431,858 | 1,539,439 | 1,281,806 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
644,777 | 1,209,983 | 1,326,418 | 1,093,064 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
755,381 | 1,218,680 | 1,335,389 | 1,166,340 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(3,688,207 | ) | (1,209,171 | ) | (1,036,862 | ) | (1,735,595 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(2,932,826 | ) | 9,509 | 298,527 | (569,255 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 13,949,410 | $ | 7,334,962 | $ | 8,125,097 | $ | 16,594,046 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
50 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA JPMorgan Asset Allocation - Subaccount |
TA JPMorgan Asset Allocation - Subaccount |
TA JPMorgan Asset Allocation - Moderate Growth Service Class Subaccount |
TA JPMorgan Enhanced Index Initial Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 55,668,430 | $ | 34,803,614 | $ | 122,884,732 | $ | 5,171,395 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
2,290,201 | 1,499,968 | 5,046,006 | 24,753 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
534,179 | 450,303 | 1,155,894 | 73,142 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
1,756,022 | 1,049,665 | 3,890,112 | (48,389 | ) | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
4,490,094 | 3,832,050 | 13,685,953 | 436,488 | ||||||||||||
| Realized Gain (Loss) on Investments |
(45,787 | ) | 226,555 | 382,172 | 250,332 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
4,444,307 | 4,058,605 | 14,068,125 | 686,820 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(15,453,301 | ) | (11,433,103 | ) | (40,023,981 | ) | (1,636,344 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(11,008,994 | ) | (7,374,498 | ) | (25,955,856 | ) | (949,524 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(9,252,972 | ) | (6,324,833 | ) | (22,065,744 | ) | (997,913 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(6,678,415 | ) | (2,782,997 | ) | (12,941,586 | ) | (860,646 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(15,931,387 | ) | (9,107,830 | ) | (35,007,330 | ) | (1,858,559 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 39,737,043 | $ | 25,695,784 | $ | 87,877,402 | $ | 3,312,836 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
675,529 | 495,289 | 1,438,907 | 28,289 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
429,385 | 399,266 | 974,845 | 67,582 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
246,144 | 96,023 | 464,062 | (39,293 | ) | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
282,277 | 1,096,094 | 3,721,571 | 162,744 | ||||||||||||
| Realized Gain (Loss) on Investments |
(1,520,626 | ) | (554,647 | ) | (3,632,222 | ) | (43,461 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(1,238,349 | ) | 541,447 | 89,349 | 119,283 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
3,619,726 | 1,902,466 | 7,841,580 | 678,881 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
2,381,377 | 2,443,913 | 7,930,929 | 798,164 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
2,627,521 | 2,539,936 | 8,394,991 | 758,871 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(6,205,289 | ) | (2,347,620 | ) | (13,999,450 | ) | (615,563 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(3,577,768 | ) | 192,316 | (5,604,459 | ) | 143,308 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 36,159,275 | $ | 25,888,100 | $ | 82,272,943 | $ | 3,456,144 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
51 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA JPMorgan Enhanced Index Service Class Subaccount |
TA JPMorgan International Moderate Growth Initial Class Subaccount |
TA JPMorgan International Subaccount |
TA JPMorgan Mid Cap Value Initial Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 786,561 | $ | 367,266 | $ | 8,726,526 | $ | 1,633,164 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
2,462 | 19,189 | 330,394 | 11,981 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
5,451 | 4,845 | 75,047 | 24,211 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,989 | ) | 14,344 | 255,347 | (12,230 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
73,159 | 31,459 | 579,238 | 268,290 | ||||||||||||
| Realized Gain (Loss) on Investments |
26,737 | (5,740 | ) | 132,312 | 13,467 | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
99,896 | 25,719 | 711,550 | 281,757 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(235,433 | ) | (118,659 | ) | (2,529,324 | ) | (419,581 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(135,537 | ) | (92,940 | ) | (1,817,774 | ) | (137,824 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(138,526 | ) | (78,596 | ) | (1,562,427 | ) | (150,054 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(78,793 | ) | 24,509 | (1,033,877 | ) | (113,366 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(217,319 | ) | (54,087 | ) | (2,596,304 | ) | (263,420 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 569,242 | $ | 313,179 | $ | 6,130,222 | $ | 1,369,744 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
4,921 | 5,143 | 76,019 | 19,625 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
7,049 | 4,212 | 61,407 | 21,976 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(2,128 | ) | 931 | 14,612 | (2,351 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
39,631 | - | - | 120,408 | ||||||||||||
| Realized Gain (Loss) on Investments |
6,938 | (1,804 | ) | 51,096 | (25,135 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
46,569 | (1,804 | ) | 51,096 | 95,273 | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
134,661 | 24,466 | 354,256 | 22,272 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
181,230 | 22,662 | 405,352 | 117,545 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
179,102 | 23,593 | 419,964 | 115,194 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
176,886 | (10,800 | ) | (914,847 | ) | (99,191 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
355,988 | 12,793 | (494,883 | ) | 16,003 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 925,230 | $ | 325,972 | $ | 5,635,339 | $ | 1,385,747 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
52 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA JPMorgan Tactical Allocation Subaccount |
TA JPMorgan Tactical Allocation Subaccount |
TA Multi-Managed Balanced Initial Subaccount |
TA Multi-Managed Balanced Service Class Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 709,200 | $ | 859,624 | $ | 3,773,835 | $ | 24,977,434 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
11,524 | 10,948 | 35,503 | 177,756 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
8,412 | 9,284 | 53,861 | 211,780 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
3,112 | 1,664 | (18,358 | ) | (34,024 | ) | ||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
65,336 | 74,453 | 352,175 | 2,342,724 | ||||||||||||
| Realized Gain (Loss) on Investments |
(2,654 | ) | (10,474 | ) | 109,811 | 703,814 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
62,682 | 63,979 | 461,986 | 3,046,538 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(175,807 | ) | (201,492 | ) | (1,083,429 | ) | (7,053,358 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(113,125 | ) | (137,513 | ) | (621,443 | ) | (4,006,820 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(110,013 | ) | (135,849 | ) | (639,801 | ) | (4,040,844 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(71,897 | ) | (119,100 | ) | (470,335 | ) | (3,863,411 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(181,910 | ) | (254,949 | ) | (1,110,136 | ) | (7,904,255 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 527,290 | $ | 604,675 | $ | 2,663,699 | $ | 17,073,179 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
9,760 | 9,050 | 41,815 | 235,625 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
7,090 | 7,609 | 46,597 | 188,645 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
2,670 | 1,441 | (4,782 | ) | 46,980 | |||||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | - | 88,376 | 602,649 | ||||||||||||
| Realized Gain (Loss) on Investments |
(11,526 | ) | (26,932 | ) | 24,093 | 103,278 | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
(11,526 | ) | (26,932 | ) | 112,469 | 705,927 | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
45,169 | 62,467 | 306,968 | 2,073,188 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
33,643 | 35,535 | 419,437 | 2,779,115 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
36,313 | 36,976 | 414,655 | 2,826,095 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(50,927 | ) | (105,247 | ) | (326,537 | ) | (1,346,545 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(14,614 | ) | (68,271 | ) | 88,118 | 1,479,550 | ||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 512,676 | $ | 536,404 | $ | 2,751,817 | $ | 18,552,729 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
53 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA Small/Mid Cap Value Initial Class Subaccount |
TA T. Rowe Price Small Cap Initial Subaccount |
TA T. Rowe Price Small Cap Service Subaccount |
TA TS&W International Equity Initial Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 3,921,327 | $ | 3,207,903 | $ | 535,984 | $ | 919,239 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
21,288 | - | - | 25,794 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
53,842 | 39,218 | 4,728 | 13,446 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(32,554 | ) | (39,218 | ) | (4,728 | ) | 12,348 | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
547,363 | 806,938 | 194,430 | 30,460 | ||||||||||||
| Realized Gain (Loss) on Investments |
7,501 | 10,437 | 1,056 | 22,494 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
554,864 | 817,375 | 195,486 | 52,954 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(899,945 | ) | (1,513,762 | ) | (311,882 | ) | (201,867 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(345,081 | ) | (696,387 | ) | (116,396 | ) | (148,913 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(377,635 | ) | (735,605 | ) | (121,124 | ) | (136,565 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(220,181 | ) | (270,921 | ) | 144,420 | (95,238 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(597,816 | ) | (1,006,526 | ) | 23,296 | (231,803 | ) | |||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 3,323,511 | $ | 2,201,377 | $ | 559,280 | $ | 687,436 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
34,820 | - | - | 8,812 | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
50,135 | 35,960 | 5,933 | 14,653 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(15,315 | ) | (35,960 | ) | (5,933 | ) | (5,841 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
320,268 | 80,862 | 29,673 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
(3,241 | ) | (294,955 | ) | (6,603 | ) | (1,613 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
317,027 | (214,093 | ) | 23,070 | (1,613 | ) | ||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
39,295 | 633,745 | 97,185 | 91,879 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
356,322 | 419,652 | 120,255 | 90,266 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
341,007 | 383,692 | 114,322 | 84,425 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(186,041 | ) | (426,244 | ) | 27,967 | (7,556 | ) | |||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
154,966 | (42,552 | ) | 142,289 | 76,869 | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 3,478,477 | $ | 2,158,825 | $ | 701,569 | $ | 764,305 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
54 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Statements of Operations and Changes in Net Assets
Years Ended December 31, 2023 and 2022
| TA TS&W International Equity Subaccount |
TA WMC US Growth Initial Class Subaccount |
TA WMC US Growth Service Class Subaccount |
Wanger Acorn Subaccount | |||||||||||||
| Net Assets as of December 31, 2021: |
$ | 527,518 | $ | 41,899,264 | $ | 6,666,775 | $ | 1,753,789 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
13,328 | - | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
4,767 | 466,787 | 55,842 | 15,504 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
8,561 | (466,787 | ) | (55,842 | ) | (15,504 | ) | |||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
17,242 | 5,205,223 | 855,058 | 444,172 | ||||||||||||
| Realized Gain (Loss) on Investments |
3,657 | 877,104 | 209,013 | (159,864 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
20,899 | 6,082,327 | 1,064,071 | 284,308 | ||||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
(110,817 | ) | (18,840,376 | ) | (3,086,162 | ) | (866,044 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
(89,918 | ) | (12,758,049 | ) | (2,022,091 | ) | (581,736 | ) | ||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
(81,357 | ) | (13,224,836 | ) | (2,077,933 | ) | (597,240 | ) | ||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
(45,509 | ) | (2,729,358 | ) | (360,225 | ) | (66,218 | ) | ||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
(126,866 | ) | (15,954,194 | ) | (2,438,158 | ) | (663,458 | ) | ||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2022: |
$ | 400,652 | $ | 25,945,070 | $ | 4,228,617 | $ | 1,090,331 | ||||||||
|
|
|
| ||||||||||||||
| Investment Income: |
||||||||||||||||
| Reinvested Dividends |
3,423 | 15,102 | - | - | ||||||||||||
| Investment Expense: |
||||||||||||||||
| Mortality and Expense Risk and Administrative Charges |
4,785 | 530,010 | 57,352 | 13,189 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Investment Income (Loss) |
(1,362 | ) | (514,908 | ) | (57,352 | ) | (13,189 | ) | ||||||||
| Increase (Decrease) in Net Assets from Operations: |
||||||||||||||||
| Capital Gain Distributions |
- | 1,063,607 | 161,115 | - | ||||||||||||
| Realized Gain (Loss) on Investments |
3,821 | 786,047 | (27,271 | ) | (262,201 | ) | ||||||||||
|
|
|
| ||||||||||||||
| Net Realized Capital Gains (Losses) on Investments |
3,821 | 1,849,654 | 133,844 | (262,201 | ) | |||||||||||
| Net Change in Unrealized Appreciation (Depreciation) |
54,973 | 10,226,698 | 1,645,319 | 470,927 | ||||||||||||
|
|
|
| ||||||||||||||
| Net Gain (Loss) on Investment |
58,794 | 12,076,352 | 1,779,163 | 208,726 | ||||||||||||
| Net Increase (Decrease) in Net Assets Resulting from Operations |
57,432 | 11,561,444 | 1,721,811 | 195,537 | ||||||||||||
|
|
|
| ||||||||||||||
| Increase (Decrease) in Net Assets from Contract Transactions |
22,508 | 4,484,408 | 17,963 | (289,245 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Total Increase (Decrease) in Net Assets |
79,940 | 16,045,852 | 1,739,774 | (93,708 | ) | |||||||||||
|
|
|
| ||||||||||||||
| Net Assets as of December 31, 2023: |
$ | 480,592 | $ | 41,990,922 | $ | 5,968,391 | $ | 996,623 | ||||||||
|
|
|
| ||||||||||||||
| See Accompanying Notes. (1) See Footnote 1 |
55 |
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
December 31, 2023
1. Organization
Retirement Builder Variable Annuity Account (the Separate Account) is a segregated investment account of Transamerica Life Insurance Company (TLIC), an indirect wholly owned subsidiary of Aegon N.V., a holding company organized under the laws of the Netherlands.
The Separate Account is registered with the Securities and Exchange Commission as a Unit Investment Trust pursuant to provisions of the Investment Company Act of 1940. TLIC and the Separate Account are regulated by the Securities and Exchange Commission. The assets and liabilities of the Separate Account are clearly identified and distinguished from TLIC’s other assets and liabilities. The Separate Account consists of multiple investment subaccounts. Each subaccount invests exclusively in the corresponding portfolio of a Mutual Fund. Each Mutual Fund is registered as an open-end management investment company under the Investment Company Act of 1940, as amended. Activity in these specified investment subaccounts is available to contract owners of The Atlas Portfolio BuilderSM Variable Annuity, Immediate Income BuilderSM, Immediate Income BuilderSM II, Transamerica AccessSM Variable Annuity, Retirement Income Builder® Variable Annuity, Retirement Income Builder II® Variable Annuity, Portfolio SelectSM Variable Annuity, Privilege SelectSM Variable Annuity, Principal-PlusSM Variable Annuity, Premier Asset BuilderSM Variable Annuity, Retirement Income Builder® - BAI Variable Annuity, Transamerica Preferred AdvantageSM Variable Annuity, The One Income AnnuitySM, Transamerica PrincipiumSM Variable Annuity, Huntington Allstar SelectSM Variable Annuity, Transamerica Opportunity Builder Variable Annuity and Transamerica Traditions Variable Annuity.
Subaccount Investment by Mutual Fund:
| Subaccount |
Mutual Fund | |
| AB Variable Products Series Fund, Inc. |
AB Variable Products Series Fund, Inc. | |
| AB Large Cap Growth Class B Shares |
AB Large Cap Growth Portfolio Class B Shares | |
| AB Relative Value Class B Shares |
AB Relative Value Portfolio Class B Shares | |
| AB Sustainable Global Thematic Growth Class B Shares |
AB Sustainable Global Thematic Growth Portfolio Class B Shares | |
| Allspring Variable Trust |
Allspring Variable Trust | |
| Allspring VT Discovery All Cap Growth Class 1 Shares |
Allspring VT Discovery All Cap Growth Fund Class 1 Shares | |
| Allspring VT Discovery All Cap Growth Class 2 Shares |
Allspring VT Discovery All Cap Growth Fund Class 2 Shares | |
| Allspring VT International Equity Class 1 Shares |
Allspring VT International Equity Fund Class 1 Shares | |
| Allspring VT International Equity Class 2 Shares |
Allspring VT International Equity Fund Class 2 Shares | |
| Allspring VT Opportunity Class 1 Shares |
Allspring VT Opportunity Fund Class 1 Shares | |
| Allspring VT Opportunity Class 2 Shares |
Allspring VT Opportunity Fund Class 2 Shares | |
| Allspring VT Small Cap Growth Class 1 Shares |
Allspring VT Small Cap Growth Fund Class 1 Shares | |
| Allspring VT Small Cap Growth Class 2 Shares |
Allspring VT Small Cap Growth Fund Class 2 Shares | |
| BNY Mellon Funds |
BNY Mellon Funds | |
| BNY Mellon Stock Index Initial Shares |
BNY Mellon Stock Index Portfolio Initial Shares | |
| BNY Mellon Stock Index Service Shares |
BNY Mellon Stock Index Portfolio Service Shares | |
| BNY Mellon Sustainable U.S. Equity Initial Shares |
BNY Mellon Sustainable U.S. Equity Portfolio Initial Shares | |
| BNY Mellon VIF Appreciation Initial Shares |
BNY Mellon VIF Appreciation Portfolio Initial Shares | |
| BNY Mellon VIF Government Money Market |
BNY Mellon VIF Government Money Market Portfolio | |
| BNY Mellon VIF Growth and Income Initial Shares |
BNY Mellon VIF Growth and Income Portfolio Initial Shares | |
| BNY Mellon VIF Opportunistic Small Cap Initial Shares |
BNY Mellon VIF Opportunistic Small Cap Portfolio Initial Shares | |
| Columbia Funds Variable Insurance Trust |
Columbia Funds Variable Insurance Trust | |
| Columbia - Dividend Opportunity Class 1 Shares |
Columbia Variable Portfolio - Dividend Opportunity Fund Class 1 Shares | |
| Columbia - Income Opportunity Class 1 Shares |
Columbia Variable Portfolio - Income Opportunity Fund Class 1 Shares | |
| Columbia - Large Cap Growth Class 1 Shares |
Columbia Variable Portfolio - Large Cap Growth Fund Class 1 Shares | |
| Columbia - Overseas Core Class 2 Shares |
Columbia Variable Portfolio - Overseas Core Fund Class 2 Shares | |
| Columbia - Select Mid Cap Growth Class 1 Shares |
Columbia Variable Portfolio - Select Mid Cap Growth Fund Class 1 Shares | |
| Columbia - Select Mid Cap Value Class 1 Shares |
Columbia Variable Portfolio - Select Mid Cap Value Fund Class 1 Shares | |
| Columbia - Small Cap Value Class 1 Shares |
Columbia Variable Portfolio - Small Cap Value Fund Class 1 Shares | |
| Columbia - Small Company Growth Class 1 Shares |
Columbia Variable Portfolio - Small Company Growth Fund Class 1 Shares | |
| Columbia - Strategic Income Class 1 Shares |
Columbia Variable Portfolio - Strategic Income Fund Class 1 Shares |
56
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
1. Organization (continued)
Subaccount Investment by Mutual Fund:
| Subaccount |
Mutual Fund | |
| Columbia Funds Variable Insurance Trust |
Columbia Funds Variable Insurance Trust | |
| CTIVP® - Principal Blue Chip Growth Class 1 Shares |
CTIVP® - Principal Blue Chip Growth Fund Class 1 Shares | |
| Davis Variable Account Fund, Inc. |
Davis Variable Account Fund, Inc. | |
| Davis Value |
Davis Value Portfolio | |
| Federated Insurance Series |
Federated Insurance Series | |
| Federated Hermes Government Money II Service Shares |
Federated Hermes Government Money Fund II Service Shares | |
| Federated Hermes High Income Bond II Primary Shares |
Federated Hermes High Income Bond II Fund Primary Shares | |
| Federated Hermes Kaufmann II Primary Shares |
Federated Hermes Kaufmann II Fund Primary Shares | |
| Federated Hermes Kaufmann II Service Shares |
Federated Kaufmann II Fund Service Shares | |
| Federated Hermes Managed Volatility II Primary Shares |
Federated Hermes Managed Volatility II Fund Primary Shares | |
| Federated Hermes Managed Volatility II Service Shares |
Federated Hermes Managed Volatility II Fund Service Shares | |
| Federated Hermes Quality Bond II Primary Shares |
Federated Hermes Quality Bond II Fund Primary Shares | |
| Fidelity® Variable Insurance Products Fund |
Fidelity® Variable Insurance Products Fund | |
| Fidelity® VIP Asset Manager Initial Class |
Fidelity® VIP Asset Manager Portfolio Initial Class | |
| Fidelity® VIP Asset Manager: Growth Initial Class |
Fidelity® VIP Asset Manager: Growth Portfolio Initial Class | |
| Fidelity® VIP Balanced Initial Class |
Fidelity® VIP Balanced Portfolio Initial Class | |
| Fidelity® VIP Balanced Service Class 2 |
Fidelity® VIP Balanced Portfolio Service Class 2 | |
| Fidelity® VIP Contrafund® Initial Class |
Fidelity® VIP Contrafund® Portfolio Initial Class | |
| Fidelity® VIP Contrafund® Service Class 2 |
Fidelity® VIP Contrafund® Portfolio Service Class 2 | |
| Fidelity® VIP Equity-Income Initial Class |
Fidelity® VIP Equity-Income Portfolio Initial Class | |
| Fidelity® VIP Equity-Income Service Class 2 |
Fidelity® VIP Equity-Income Portfolio Service Class 2 | |
| Fidelity® VIP Government Money Market Initial Class |
Fidelity® VIP Government Money Market Portfolio Initial Class | |
| Fidelity® VIP Government Money Market Service Class 2 |
Fidelity® VIP Government Money Market Portfolio Service Class 2 | |
| Fidelity® VIP Growth Initial Class |
Fidelity® VIP Growth Portfolio Initial Class | |
| Fidelity® VIP Growth Service Class 2 |
Fidelity® VIP Growth Portfolio Service Class 2 | |
| Fidelity® VIP Growth & Income Initial Class |
Fidelity® VIP Growth & Income Portfolio Initial Class | |
| Fidelity® VIP Growth & Income Service Class 2 |
Fidelity® VIP Growth & Income Portfolio Service Class 2 | |
| Fidelity® VIP Growth Opportunities Initial Class |
Fidelity® VIP Growth Opportunities Portfolio Initial Class | |
| Fidelity® VIP Growth Opportunities Service Class |
Fidelity® VIP Growth Opportunities Portfolio Service Class | |
| Fidelity® VIP Growth Opportunities Service Class 2 |
Fidelity® VIP Growth Opportunities Portfolio Service Class 2 | |
| Fidelity® VIP High Income Initial Class |
Fidelity® VIP High Income Portfolio Initial Class | |
| Fidelity® VIP High Income Service Class |
Fidelity® VIP High Income Portfolio Service Class | |
| Fidelity® VIP High Income Service Class 2 |
Fidelity® VIP High Income Portfolio Service Class 2 | |
| Fidelity® VIP Index 500 Initial Class |
Fidelity® VIP Index 500 Portfolio Initial Class | |
| Fidelity® VIP Index 500 Service Class 2 |
Fidelity® VIP Index 500 Portfolio Service Class 2 | |
| Fidelity® VIP Investment Grade Bond Initial Class |
Fidelity® VIP Investment Grade Bond Portfolio Initial Class | |
| Fidelity® VIP Investment Grade Bond Service Class 2 |
Fidelity® VIP Investment Grade Bond Portfolio Service Class 2 | |
| Fidelity® VIP Mid Cap Initial Class |
Fidelity® VIP Mid Cap Portfolio Initial Class | |
| Fidelity® VIP Mid Cap Service Class 2 |
Fidelity® VIP Mid Cap Portfolio Service Class 2 | |
| Fidelity® VIP Overseas Initial Class |
Fidelity® VIP Overseas Portfolio Initial Class | |
| Fidelity® VIP Value Strategies Service Class 2 |
Fidelity® VIP Value Strategies Portfolio Service Class 2 | |
| Franklin Templeton Variable Insurance Products Trust |
Franklin Templeton Variable Insurance Products Trust | |
| Franklin Income Class 2 Shares |
Franklin Income Fund Class 2 Shares | |
| Franklin Mutual Shares Class 2 Shares |
Franklin Mutual Shares Fund Class 2 Shares | |
| Franklin Rising Dividends Class 2 Shares |
Franklin Rising Dividends Fund Class 2 Shares | |
| Franklin Small Cap Value Class 2 Shares |
Franklin Small Cap Value Fund Class 2 Shares |
57
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
1. Organization (continued)
Subaccount Investment by Mutual Fund:
| Subaccount |
Mutual Fund | |
| Franklin Templeton Variable Insurance Products Trust |
Franklin Templeton Variable Insurance Products Trust | |
| Franklin Small-Mid Cap Growth Class 2 Shares |
Franklin Small-Mid Cap Growth Fund Class 2 Shares | |
| Franklin Templeton Developing Markets Class 2 Shares |
Franklin Templeton Developing Markets Fund Class 2 Shares | |
| Franklin Templeton Foreign Class 2 Shares |
Franklin Templeton Foreign Fund Class 2 Shares | |
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) | |
| Invesco V.I. American Franchise Series I Shares |
Invesco V.I. American Franchise Fund Series I Shares | |
| Invesco V.I. American Franchise Series II Shares |
Invesco V.I. American Franchise Fund Series II Shares | |
| Invesco V.I. American Value Series II Shares |
Invesco V.I. American Value Fund Series II Shares | |
| Invesco V.I. Capital Appreciation Series I Shares |
Invesco V.I. Capital Appreciation Fund Series I Shares | |
| Invesco V.I. Capital Appreciation Series II Shares |
Invesco V.I. Capital Appreciation Fund Series II Shares | |
| Invesco V.I. Comstock Series II Shares |
Invesco V.I. Comstock Fund Series II Shares | |
| Invesco V.I. Conservative Balanced Series I Shares |
Invesco V.I. Conservative Balanced Fund Series I Shares | |
| Invesco V.I. Conservative Balanced Series II Shares |
Invesco V.I. Conservative Balanced Fund Series II Shares | |
| Invesco V.I. Core Equity Series I Shares |
Invesco V.I. Core Equity Fund Series I Shares | |
| Invesco V.I. Core Equity Series II Shares |
Invesco V.I. Core Equity Fund Series II Shares | |
| Invesco V.I. Discovery Mid Cap Growth Series II Shares |
Invesco V.I. Discovery Mid Cap Growth Fund Series II Shares | |
| Invesco V.I. Equity and Income Series II Shares |
Invesco V.I. Equity and Income Fund Series II Shares | |
| Invesco V.I. EQV International Equity Series I Shares |
Invesco V.I. EQV International Equity Fund Series I Shares | |
| Invesco V.I. EQV International Equity Series II Shares |
Invesco V.I. EQV International Equity Fund Series II Shares | |
| Invesco V.I. Global Series I Shares |
Invesco V.I. Global Fund Series I Shares | |
| Invesco V.I. Global Series II Shares |
Invesco V.I. Global Fund Series II Shares | |
| Invesco V.I. Global Strategic Income Series I Shares |
Invesco V.I. Global Strategic Income Fund Series I Shares | |
| Invesco V.I. Global Strategic Income Series II Shares |
Invesco V.I. Global Strategic Income Fund Series II Shares | |
| Invesco V.I. Government Securities Series I Shares |
Invesco V.I. Government Securities Fund Series I Shares | |
| Invesco V.I. Government Securities Series II Shares |
Invesco V.I. Government Securities Fund Series II Shares | |
| Invesco V.I. Main Street Series I Shares |
Invesco V.I. Main Street Fund Series I Shares | |
| Invesco V.I. Main Street Series II Shares |
Invesco V.I. Main Street Fund. Series II Shares | |
| Invesco V.I. Main Street Mid Cap Series II Shares |
Invesco V.I. Main Street Mid Cap Fund Series II Shares | |
| Invesco V.I. Main Street Small Cap Series II Shares |
Invesco V.I. Main Street Small Cap Fund Series II Shares | |
| Janus Aspen Series |
Janus Aspen Series | |
| Janus Henderson - Balanced Service Shares |
Janus Henderson - Balanced Portfolio Service Shares | |
| Janus Henderson - Enterprise Service Shares |
Janus Henderson - Enterprise Portfolio Service Shares | |
| Janus Henderson - Forty Service Shares |
Janus Henderson - Forty Portfolio Service Shares | |
| Janus Henderson - Global Research Service Shares |
Janus Henderson - Global Research Portfolio Service Shares | |
| Janus Henderson - Mid Cap Value Service Shares |
Janus Henderson - Mid Cap Value Portfolio Service Shares | |
| Janus Henderson - Overseas Service Shares |
Janus Henderson - Overseas Portfolio Service Shares | |
| Janus Henderson - Research Service Shares |
Janus Henderson - Research Portfolio Service Shares | |
| Lincoln Variable Investment Products |
Lincoln Variable Investment Products | |
| LVIP JPMorgan Core Bond Standard Shares |
LVIP JPMorgan Core Bond Portfolio Standard Shares | |
| LVIP JPMorgan Mid Cap Value Standard Shares |
LVIP JPMorgan Mid Cap Value Portfolio Standard Shares | |
| LVIP JPMorgan U.S. Equity Standard Shares |
LVIP JPMorgan U.S. Equity Portfolio Standard Shares | |
| MFS® Variable Insurance Trust |
MFS® Variable Insurance Trust | |
| MFS® Core Equity Initial Class |
MFS® Core Equity Portfolio Initial Class | |
| MFS® Growth Initial Class |
MFS® Growth Series Initial Class | |
| MFS® Growth Service Class |
MFS® Growth Series Service Class |
58
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
1. Organization (continued)
Subaccount Investment by Mutual Fund:
| Subaccount |
Mutual Fund | |
| MFS® Variable Insurance Trust |
MFS® Variable Insurance Trust | |
| MFS® Massachusetts Investors Growth Stock Initial Class |
MFS® Massachusetts Investors Growth Stock Portfolio Initial Class | |
| MFS® Massachusetts Investors Growth Stock Service Class |
MFS® Massachusetts Investors Growth Stock Portfolio Service Class | |
| MFS® New Discovery Initial Class |
MFS® New Discovery Series Initial Class | |
| MFS® New Discovery Service Class |
MFS® New Discovery Series Service Class | |
| MFS® Research Initial Class |
MFS® Research Series Initial Class | |
| MFS® Research Service Class |
MFS® Research Series Service Class | |
| MFS® Total Return Initial Class |
MFS® Total Return Series Initial Class | |
| MFS® Total Return Service Class |
MFS® Total Return Series Service Class | |
| MFS® Total Return Bond Initial Class |
MFS® Total Return Bond Series Initial Class | |
| MFS® Total Return Bond Service Class |
MFS® Total Return Bond Series Service Class | |
| MFS® Utilities Initial Class |
MFS® Utilities Series Initial Class | |
| MFS® Utilities Service Class |
MFS® Utilities Series Service Class | |
| Putnam Variable Trust |
Putnam Variable Trust | |
| Putnam VT Core Equity Class IB Shares |
Putnam VT Core Equity Fund Class IB Shares | |
| Putnam VT Diversified Income Class IB Shares |
Putnam VT Diversified Income Fund Class IB Shares | |
| Putnam VT Focused International Equity Class IB Shares |
Putnam VT Focused International Equity Class Fund IB Shares | |
| Putnam VT George Putnam Balanced Class IB Shares |
Putnam VT George Putnam Balanced Fund Class IB Shares | |
| Putnam VT Global Health Care Class IB Shares |
Putnam VT Global Health Care Fund Class IB Shares | |
| Putnam VT Government Money Market Class IB Shares |
Putnam VT Government Money Market Fund Class IB Shares | |
| Putnam VT Income Class IB Shares |
Putnam VT Income Fund Class IB Shares | |
| Putnam VT International Equity Class IB Shares |
Putnam VT International Equity Fund Class IB Shares | |
| Putnam VT Large Cap Growth Class IB Shares |
Putnam VT Large Cap Growth Fund Class IB Shares | |
| Putnam VT Large Cap Value Class IB Shares |
Putnam VT Large Cap Value Fund Class IB Shares | |
| Putnam VT Research Class IB Shares |
Putnam VT Research Fund Class IB Shares | |
| Putnam VT Sustainable Leaders Class IB Shares |
Putnam VT Sustainable Leaders Fund Class IB Shares | |
| Transamerica Series Trust |
Transamerica Series Trust | |
| TA Aegon Bond Initial Class |
Transamerica Aegon Bond VP Initial Class | |
| TA Aegon Bond Service Class |
Transamerica Aegon Bond VP Service Class | |
| TA Aegon Core Bond Initial Class |
Transamerica Aegon Core Bond VP Initial Class | |
| TA Aegon High Yield Bond Initial Class |
Transamerica Aegon High Yield Bond VP Initial Class | |
| TA Aegon High Yield Bond Service Class |
Transamerica Aegon High Yield Bond VP Service Class | |
| TA Aegon Sustainable Equity Income Initial Class |
Transamerica Aegon Sustainable Equity Income VP Initial Class | |
| TA Aegon Sustainable Equity Income Service Class |
Transamerica Aegon Sustainable Equity Income VP Service Class | |
| TA Aegon U.S. Government Securities Initial Class |
Transamerica Aegon U.S. Government Securities VP Initial Class | |
| TA Aegon U.S. Government Securities Service Class |
Transamerica Aegon U.S. Government Securities VP Service Class | |
| TA BlackRock Government Money Market Initial Class |
Transamerica BlackRock Government Money Market VP Initial Class | |
| TA BlackRock Government Money Market Service Class |
Transamerica BlackRock Government Money Market VP Service Class | |
| TA BlackRock iShares Edge 40 Initial Class |
Transamerica BlackRock iShares Edge 40 VP Initial Class | |
| TA BlackRock iShares Edge 40 Service Class |
Transamerica BlackRock iShares Edge 40 VP Service Class | |
| TA BlackRock Real Estate Securities Initial Class |
Transamerica BlackRock Real Estate Securities VP Initial Class | |
| TA BlackRock Real Estate Securities Service Class |
Transamerica BlackRock Real Estate Securities VP Service Class | |
| TA International Focus Initial Class |
Transamerica International Focus VP Initial Class | |
| TA International Focus Service Class |
Transamerica International Focus VP Service Class | |
| TA Janus Mid-Cap Growth Initial Class |
Transamerica Janus Mid-Cap Growth VP Initial Class | |
| TA Janus Mid-Cap Growth Service Class |
Transamerica Janus Mid-Cap Growth VP Service Class |
59
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
1. Organization (continued)
Subaccount Investment by Mutual Fund:
| Subaccount |
Mutual Fund | |
| Transamerica Series Trust |
Transamerica Series Trust | |
| TA JPMorgan Asset Allocation - Conservative Initial Class |
Transamerica JPMorgan Asset Allocation - Conservative VP Initial Class | |
| TA JPMorgan Asset Allocation - Conservative Service Class |
Transamerica JPMorgan Asset Allocation - Conservative VP Service Class | |
| TA JPMorgan Asset Allocation - Growth Initial Class |
Transamerica JPMorgan Asset Allocation - Growth VP Initial Class | |
| TA JPMorgan Asset Allocation - Growth Service Class |
Transamerica JPMorgan Asset Allocation - Growth VP Service Class | |
| TA JPMorgan Asset Allocation - Moderate Initial Class |
Transamerica JPMorgan Asset Allocation - Moderate VP Initial Class | |
| TA JPMorgan Asset Allocation - Moderate Service Class |
Transamerica JPMorgan Asset Allocation - Moderate VP Service Class | |
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class |
Transamerica JPMorgan Asset Allocation - Moderate Growth VP Initial Class | |
| TA JPMorgan Asset Allocation - Moderate Growth Service Class |
Transamerica JPMorgan Asset Allocation - Moderate Growth VP Service Class | |
| TA JPMorgan Enhanced Index Initial Class |
Transamerica JPMorgan Enhanced Index VP Initial Class | |
| TA JPMorgan Enhanced Index Service Class |
Transamerica JPMorgan Enhanced Index VP Service Class | |
| TA JPMorgan International Moderate Growth Initial Class |
Transamerica JPMorgan International Moderate Growth VP Initial Class | |
| TA JPMorgan International Moderate Growth Service Class |
Transamerica JPMorgan International Moderate Growth VP Service Class | |
| TA JPMorgan Mid Cap Value Initial Class |
Transamerica JPMorgan Mid Cap Value VP Initial Class | |
| TA JPMorgan Tactical Allocation Initial Class |
Transamerica JPMorgan Tactical Allocation VP Initial Class | |
| TA JPMorgan Tactical Allocation Service Class |
Transamerica JPMorgan Tactical Allocation VP Service Class | |
| TA Multi-Managed Balanced Initial Class |
Transamerica Multi-Managed Balanced VP Initial Class | |
| TA Multi-Managed Balanced Service Class |
Transamerica Multi-Managed Balanced VP Service Class | |
| TA Small/Mid Cap Value Initial Class |
Transamerica Small/Mid Cap Value VP Initial Class | |
| TA T. Rowe Price Small Cap Initial Class |
Transamerica T. Rowe Price Small Cap VP Initial Class | |
| TA T. Rowe Price Small Cap Service Class |
Transamerica T. Rowe Price Small Cap VP Service Class | |
| TA TS&W International Equity Initial Class |
Transamerica TS&W International Equity VP Initial Class | |
| TA TS&W International Equity Service Class |
Transamerica TS&W International Equity VP Service Class | |
| TA WMC US Growth Initial Class |
Transamerica WMC US Growth VP Initial Class | |
| TA WMC US Growth Service Class |
Transamerica WMC US Growth VP Service Class | |
| Wanger Advisors Trust |
Wanger Advisors Trust | |
| Wanger Acorn |
Wanger Acorn |
Each period reported on reflects a full twelve month period except as follows:
| Subaccount |
Inception Date | |
| LVIP JPMorgan Core Bond Standard Shares |
April 28, 2023 | |
| LVIP JPMorgan Mid Cap Value Standard Shares |
April 28, 2023 | |
| LVIP JPMorgan U.S. Equity Standard Shares |
April 28, 2023 | |
| Invesco V.I. American Value Series II Shares |
April 30, 2021 | |
| Invesco V.I. Discovery Mid Cap Growth Series II Shares |
April 30, 2020 |
60
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
1. Organization (continued)
The following subaccount name changes were made effective during the fiscal year ended December 31, 2023:
| Subaccount |
Formerly | |
| AB Relative Value Class B Shares |
AB Growth and Income Class B Shares | |
| Allspring VT Discovery All Cap Growth Class 1 Shares |
Allspring VT Omega Growth Class 1 Shares | |
| Allspring VT Discovery All Cap Growth Class 2 Shares |
Allspring VT Omega Growth Class 2 Shares | |
| Putnam VT Core Equity Class IB Shares |
Putnam VT Multi-Cap Core Class IB Shares | |
| Putnam VT Large Cap Growth Class IB Shares |
Putnam VT Growth Opportunities Class IB Shares | |
| TA BlackRock Real Estate Securities Initial Class |
TA BlackRock Global Real Estate Securities Initial Class | |
| TA BlackRock Real Estate Securities Service Class |
TA BlackRock Global Real Estate Securities Service Class |
During the current year the following subaccounts were liquidated and subsequently reinvested:
| Reinvested Subaccount |
Liquidated Subaccount | |
| LVIP JPMorgan Core Bond Standard Shares |
JPMorgan Insurance Trust Core Bond Class 1 Shares | |
| LVIP JPMorgan Mid Cap Value Standard Shares |
JPMorgan Insurance Trust Mid Cap Value Class 1 Shares | |
| LVIP JPMorgan U.S. Equity Standard Shares |
JPMorgan Insurance Trust U.S. Equity Class 1 Shares |
During the current year the following subaccounts were removed as available investment options to contract owners and subsequently replaced and reinvested:
| Reinvested Subaccount |
Removed Subaccount | |
| TA WMC US Growth Initial Class |
TA Morgan Stanley Capital Growth Initial Class | |
| TA WMC US Growth Service Class |
TA Morgan Stanley Capital Growth Service Class |
The transfers from the removed and liquidated subaccounts to the reinvested subaccounts for the period ended December 31, 2023 are reflected in the Statements of Changes in Net Assets within Increase (Decrease) in Net Assets from Contract Transactions and purchases and sales in Footnote 3.
61
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
2. Summary of Significant Accounting Policies
The financial statements included herein have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for variable annuity separate accounts registered as unit investment trusts. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions regarding matters that affect the reported amount of assets and liabilities. Actual results could differ from those estimates.
Investments
Net purchase payments received by the Separate Account are invested in the portfolios of the Mutual Funds as selected by the contract owner. Investments are stated at the closing net asset values per share on December 31, 2023.
Realized capital gains and losses from sales of shares in the Separate Account are determined on the first-in, first-out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed) and dividend income is recorded on the ex-dividend date. Unrealized gains or losses from investments in the Mutual Funds are included in the Statements of Operations and Changes in Net Assets.
Dividend Income
Dividends received from the Mutual Fund investments are reinvested to purchase additional mutual fund shares.
Fair Value Measurements and Fair Value Hierarchy
The Accounting Standards Codification™ (ASC) 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the nature of inputs used to measure fair value and enhances disclosure requirements for fair value measurements.
The Separate Account has categorized its financial instruments into a three level hierarchy which is based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument.
Financial assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized as follows:
Level 1. Unadjusted quoted prices for identical assets or liabilities in an active market.
Level 2. Quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following:
a) Quoted prices for similar assets or liabilities in active markets
b) Quoted prices for identical or similar assets or liabilities in non-active markets
c) Inputs other than quoted market prices that are observable
d) Inputs that are derived principally from or corroborated by observable market data through correlation or other means.
Level 3. Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. They reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability.
All investments in the Mutual Funds included in the Statements of Assets and Liabilities are stated at fair value and are based upon published closing NAV per share and therefore are considered Level 1.
There were no transfers between Level 1, Level 2 and Level 3 during the year ended December 31, 2023.
62
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
3. Investments
The aggregate cost of purchases and proceeds from sales of investments for the period ended December 31, 2023 were as follows:
| Subaccount | Purchases | Sales | ||||||
| AB Large Cap Growth Class B Shares |
$ | 176,614 | $ | 192,243 | ||||
| AB Relative Value Class B Shares |
590,985 | 681,358 | ||||||
| AB Sustainable Global Thematic Growth Class B Shares |
50,396 | 48,704 | ||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares |
105,710 | 97,586 | ||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares |
19,831 | 19,232 | ||||||
| Allspring VT International Equity Class 1 Shares |
10,806 | 41,650 | ||||||
| Allspring VT International Equity Class 2 Shares |
1,748 | 5,502 | ||||||
| Allspring VT Opportunity Class 1 Shares |
122,872 | 176,650 | ||||||
| Allspring VT Opportunity Class 2 Shares |
9,407 | 30,380 | ||||||
| Allspring VT Small Cap Growth Class 1 Shares |
1,500 | 589,079 | ||||||
| Allspring VT Small Cap Growth Class 2 Shares |
341 | 5,620 | ||||||
| BNY Mellon Stock Index Initial Shares |
86,203 | 75,830 | ||||||
| BNY Mellon Stock Index Service Shares |
1,500 | 3,118 | ||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares |
25,887 | 11,031 | ||||||
| BNY Mellon VIF Appreciation Initial Shares |
188,623 | 164,871 | ||||||
| BNY Mellon VIF Government Money Market |
58,226 | 136,650 | ||||||
| BNY Mellon VIF Growth and Income Initial Shares |
115,475 | 50,890 | ||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares |
39,002 | 113,664 | ||||||
| Columbia - Dividend Opportunity Class 1 Shares |
7,298 | 70,746 | ||||||
| Columbia - Income Opportunity Class 1 Shares |
83,853 | 84,479 | ||||||
| Columbia - Large Cap Growth Class 1 Shares |
28,451 | 446,308 | ||||||
| Columbia - Overseas Core Class 2 Shares |
33,839 | 128,327 | ||||||
| Columbia - Select Mid Cap Growth Class 1 Shares |
3,640 | 76,260 | ||||||
| Columbia - Select Mid Cap Value Class 1 Shares |
1,496 | 8,506 | ||||||
| Columbia - Small Cap Value Class 1 Shares |
82,391 | 135,618 | ||||||
| Columbia - Small Company Growth Class 1 Shares |
- | 2,751 | ||||||
| Columbia - Strategic Income Class 1 Shares |
60,721 | 70,882 | ||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares |
17,590 | 217,502 | ||||||
| Davis Value |
318,005 | 618,057 | ||||||
| Federated Hermes Government Money II Service Shares |
225,617 | 890,367 | ||||||
| Federated Hermes High Income Bond II Primary Shares |
100,512 | 186,806 | ||||||
| Federated Hermes Kaufmann II Primary Shares |
40,143 | 134,575 | ||||||
| Federated Hermes Kaufmann II Service Shares |
82,664 | 458,550 | ||||||
| Federated Hermes Managed Volatility II Primary Shares |
26,001 | 57,463 | ||||||
| Federated Hermes Managed Volatility II Service Shares |
10,164 | 49,847 | ||||||
| Federated Hermes Quality Bond II Primary Shares |
2,464 | 3,540 | ||||||
| Fidelity® VIP Asset Manager Initial Class |
127,756 | 286,811 | ||||||
63
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
3. Investments (continued)
| Subaccount | Purchases | Sales | ||||||
| Fidelity® VIP Asset Manager: Growth Initial Class |
$ | 7,853 | $ | 58,269 | ||||
| Fidelity® VIP Balanced Initial Class |
177,705 | 493,283 | ||||||
| Fidelity® VIP Balanced Service Class 2 |
17,559 | 84,292 | ||||||
| Fidelity® VIP Contrafund® Initial Class |
429,478 | 1,042,236 | ||||||
| Fidelity® VIP Contrafund® Service Class 2 |
1,459,258 | 1,599,171 | ||||||
| Fidelity® VIP Equity-Income Initial Class |
156,008 | 292,278 | ||||||
| Fidelity® VIP Equity-Income Service Class 2 |
270,005 | 552,566 | ||||||
| Fidelity® VIP Government Money Market Initial Class |
35,555 | 132,104 | ||||||
| Fidelity® VIP Government Money Market Service Class 2 |
13,766 | 26,088 | ||||||
| Fidelity® VIP Growth Initial Class |
309,398 | 815,250 | ||||||
| Fidelity® VIP Growth Service Class 2 |
120,474 | 218,999 | ||||||
| Fidelity® VIP Growth & Income Initial Class |
152,840 | 474,386 | ||||||
| Fidelity® VIP Growth & Income Service Class 2 |
72,118 | 53,609 | ||||||
| Fidelity® VIP Growth Opportunities Initial Class |
- | 289,882 | ||||||
| Fidelity® VIP Growth Opportunities Service Class |
3,997 | 249,886 | ||||||
| Fidelity® VIP Growth Opportunities Service Class 2 |
3,929 | 43,356 | ||||||
| Fidelity® VIP High Income Initial Class |
41,459 | 150,681 | ||||||
| Fidelity® VIP High Income Service Class |
30,155 | 70,481 | ||||||
| Fidelity® VIP High Income Service Class 2 |
19,263 | 10,878 | ||||||
| Fidelity® VIP Index 500 Initial Class |
473,997 | 2,430,018 | ||||||
| Fidelity® VIP Index 500 Service Class 2 |
35,763 | 116,282 | ||||||
| Fidelity® VIP Investment Grade Bond Initial Class |
250,561 | 770,405 | ||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 |
33,031 | 103,695 | ||||||
| Fidelity® VIP Mid Cap Initial Class |
111,177 | 387,579 | ||||||
| Fidelity® VIP Mid Cap Service Class 2 |
388,286 | 1,466,954 | ||||||
| Fidelity® VIP Overseas Initial Class |
9,510 | 92,025 | ||||||
| Fidelity® VIP Value Strategies Service Class 2 |
251,907 | 322,411 | ||||||
| Franklin Income Class 2 Shares |
13,757 | 78,085 | ||||||
| Franklin Mutual Shares Class 2 Shares |
335,351 | 289,645 | ||||||
| Franklin Rising Dividends Class 2 Shares |
197,916 | 311,206 | ||||||
| Franklin Small Cap Value Class 2 Shares |
71,755 | 129,567 | ||||||
| Franklin Small-Mid Cap Growth Class 2 Shares |
32,175 | 944,679 | ||||||
| Franklin Templeton Developing Markets Class 2 Shares |
9,929 | 32,695 | ||||||
| Franklin Templeton Foreign Class 2 Shares |
64,235 | 178,388 | ||||||
| Invesco V.I. American Franchise Series I Shares |
45,214 | 214,539 | ||||||
| Invesco V.I. American Franchise Series II Shares |
6,670 | 11,963 | ||||||
| Invesco V.I. American Value Series II Shares |
288,762 | 115,670 | ||||||
64
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
3. Investments (continued)
| Subaccount | Purchases | Sales | ||||||
| Invesco V.I. Capital Appreciation Series I Shares |
$ | 41,204 | $ | 956,397 | ||||
| Invesco V.I. Capital Appreciation Series II Shares |
4,551 | 71,333 | ||||||
| Invesco V.I. Comstock Series II Shares |
190,932 | 309,819 | ||||||
| Invesco V.I. Conservative Balanced Series I Shares |
29,693 | 83,864 | ||||||
| Invesco V.I. Conservative Balanced Series II Shares |
290 | 5,570 | ||||||
| Invesco V.I. Core Equity Series I Shares |
226,445 | 729,434 | ||||||
| Invesco V.I. Core Equity Series II Shares |
89,860 | 250,535 | ||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares |
2,848 | 32,810 | ||||||
| Invesco V.I. Equity and Income Series II Shares |
264,028 | 710,665 | ||||||
| Invesco V.I. EQV International Equity Series I Shares |
1,602 | 33,930 | ||||||
| Invesco V.I. EQV International Equity Series II Shares |
41 | 3,613 | ||||||
| Invesco V.I. Global Series I Shares |
217,371 | 107,575 | ||||||
| Invesco V.I. Global Series II Shares |
4,106 | 1,300 | ||||||
| Invesco V.I. Global Strategic Income Series I Shares |
6,377 | 144,501 | ||||||
| Invesco V.I. Global Strategic Income Series II Shares |
2,034 | 36,326 | ||||||
| Invesco V.I. Government Securities Series I Shares |
5,873 | 31,600 | ||||||
| Invesco V.I. Government Securities Series II Shares |
5,780 | 18,211 | ||||||
| Invesco V.I. Main Street Series I Shares |
278,058 | 369,895 | ||||||
| Invesco V.I. Main Street Series II Shares |
43,069 | 35,357 | ||||||
| Invesco V.I. Main Street Mid Cap Series II Shares |
13,273 | 32,911 | ||||||
| Invesco V.I. Main Street Small Cap Series II Shares |
1,287 | 3,345 | ||||||
| Janus Henderson - Balanced Service Shares |
89,014 | 101,213 | ||||||
| Janus Henderson - Enterprise Service Shares |
101,747 | 133,562 | ||||||
| Janus Henderson - Forty Service Shares |
235 | 11,740 | ||||||
| Janus Henderson - Global Research Service Shares |
43,372 | 91,717 | ||||||
| Janus Henderson - Mid Cap Value Service Shares |
4,619 | 4,506 | ||||||
| Janus Henderson - Overseas Service Shares |
26,425 | 73,963 | ||||||
| Janus Henderson - Research Service Shares |
428 | 16,907 | ||||||
| LVIP JPMorgan Core Bond Standard Shares |
2,457,468 | 386,934 | ||||||
| LVIP JPMorgan Mid Cap Value Standard Shares |
1,005,204 | 123,233 | ||||||
| LVIP JPMorgan U.S. Equity Standard Shares |
1,684,735 | 278,259 | ||||||
| MFS® Core Equity Initial Class |
1,564 | 9,738 | ||||||
| MFS® Growth Initial Class |
394,407 | 565,841 | ||||||
| MFS® Growth Service Class |
86,102 | 71,068 | ||||||
| MFS® Massachusetts Investors Growth Stock Initial Class |
3,098 | 3,827 | ||||||
| MFS® Massachusetts Investors Growth Stock Service Class |
184,589 | 360,544 | ||||||
| MFS® New Discovery Initial Class |
10,843 | 63,099 | ||||||
65
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
3. Investments (continued)
| Subaccount | Purchases | Sales | ||||||
| MFS® New Discovery Service Class |
$ | 92 | $ | 30,727 | ||||
| MFS® Research Initial Class |
90,546 | 173,415 | ||||||
| MFS® Research Service Class |
106,313 | 261,963 | ||||||
| MFS® Total Return Initial Class |
334,447 | 530,264 | ||||||
| MFS® Total Return Service Class |
134,340 | 512,678 | ||||||
| MFS® Total Return Bond Initial Class |
9,648 | 14,521 | ||||||
| MFS® Total Return Bond Service Class |
93,154 | 250,827 | ||||||
| MFS® Utilities Initial Class |
411,921 | 563,941 | ||||||
| MFS® Utilities Service Class |
71,501 | 130,625 | ||||||
| Putnam VT Core Equity Class IB Shares |
24 | 2,660 | ||||||
| Putnam VT Diversified Income Class IB Shares |
13,887 | 13,253 | ||||||
| Putnam VT Focused International Equity Class IB Shares |
13,412 | 65,130 | ||||||
| Putnam VT George Putnam Balanced Class IB Shares |
8,316 | 72,147 | ||||||
| Putnam VT Global Health Care Class IB Shares |
14,334 | 9,976 | ||||||
| Putnam VT Government Money Market Class IB Shares |
433,898 | 218,090 | ||||||
| Putnam VT Income Class IB Shares |
7,678 | 4,396 | ||||||
| Putnam VT International Equity Class IB Shares |
20 | 2,214 | ||||||
| Putnam VT Large Cap Growth Class IB Shares |
12,356 | 38,273 | ||||||
| Putnam VT Large Cap Value Class IB Shares |
218,459 | 686,151 | ||||||
| Putnam VT Research Class IB Shares |
1,279 | 3,169 | ||||||
| Putnam VT Sustainable Leaders Class IB Shares |
307 | 812 | ||||||
| TA Aegon Bond Initial Class |
1,020,683 | 1,091,197 | ||||||
| TA Aegon Bond Service Class |
66,629 | 843,142 | ||||||
| TA Aegon Core Bond Initial Class |
82,188 | 178,697 | ||||||
| TA Aegon High Yield Bond Initial Class |
498,824 | 709,423 | ||||||
| TA Aegon High Yield Bond Service Class |
16,799 | 25,388 | ||||||
| TA Aegon Sustainable Equity Income Initial Class |
589,963 | 1,147,475 | ||||||
| TA Aegon Sustainable Equity Income Service Class |
81,777 | 286,688 | ||||||
| TA Aegon U.S. Government Securities Initial Class |
739,686 | 468,617 | ||||||
| TA Aegon U.S. Government Securities Service Class |
324,352 | 1,085,879 | ||||||
| TA BlackRock Government Money Market Initial Class |
1,897,811 | 4,075,741 | ||||||
| TA BlackRock Government Money Market Service Class |
1,058,205 | 2,325,411 | ||||||
| TA BlackRock iShares Edge 40 Initial Class |
82,389 | 118,319 | ||||||
| TA BlackRock iShares Edge 40 Service Class |
19,915 | 45,395 | ||||||
| TA BlackRock Real Estate Securities Initial Class |
96,698 | 103,178 | ||||||
| TA BlackRock Real Estate Securities Service Class |
17,457 | 6,115 | ||||||
| TA International Focus Initial Class |
38,851 | 94,546 | ||||||
66
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
3. Investments (continued)
| Subaccount | Purchases | Sales | ||||||
| TA International Focus Service Class |
$ | 12,764 | $ | 7,830 | ||||
| TA Janus Mid-Cap Growth Initial Class |
1,446,039 | 677,599 | ||||||
| TA Janus Mid-Cap Growth Service Class |
115,902 | 306,321 | ||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class |
842,380 | 1,253,313 | ||||||
| TA JPMorgan Asset Allocation - Conservative Service Class |
352,889 | 3,930,510 | ||||||
| TA JPMorgan Asset Allocation - Growth Initial Class |
233,468 | 1,335,280 | ||||||
| TA JPMorgan Asset Allocation - Growth Service Class |
368,693 | 1,286,849 | ||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class |
548,751 | 2,087,072 | ||||||
| TA JPMorgan Asset Allocation - Moderate Service Class |
1,801,071 | 7,478,004 | ||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class |
1,808,416 | 2,963,916 | ||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class |
5,469,013 | 15,282,836 | ||||||
| TA JPMorgan Enhanced Index Initial Class |
845,658 | 1,337,759 | ||||||
| TA JPMorgan Enhanced Index Service Class |
244,550 | 30,159 | ||||||
| TA JPMorgan International Moderate Growth Initial Class |
5,776 | 15,644 | ||||||
| TA JPMorgan International Moderate Growth Service Class |
107,803 | 1,008,043 | ||||||
| TA JPMorgan Mid Cap Value Initial Class |
197,027 | 178,160 | ||||||
| TA JPMorgan Tactical Allocation Initial Class |
14,664 | 62,922 | ||||||
| TA JPMorgan Tactical Allocation Service Class |
29,355 | 133,159 | ||||||
| TA Multi-Managed Balanced Initial Class |
133,516 | 376,461 | ||||||
| TA Multi-Managed Balanced Service Class |
1,318,369 | 2,015,270 | ||||||
| TA Small/Mid Cap Value Initial Class |
373,814 | 254,904 | ||||||
| TA T. Rowe Price Small Cap Initial Class |
218,155 | 599,496 | ||||||
| TA T. Rowe Price Small Cap Service Class |
71,473 | 19,768 | ||||||
| TA TS&W International Equity Initial Class |
184,881 | 198,282 | ||||||
| TA TS&W International Equity Service Class |
82,721 | 61,575 | ||||||
| TA WMC US Growth Initial Class |
8,368,077 | 3,334,985 | ||||||
| TA WMC US Growth Service Class |
1,372,954 | 1,251,227 | ||||||
| Wanger Acorn |
34,422 | 336,848 | ||||||
67
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units
The change in units outstanding were as follows:
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| AB Large Cap Growth Class B Shares | - | (47,895 | ) | (47,895 | ) | - | (50,428 | ) | (50,428 | ) | ||||||||||||||||||
| AB Relative Value Class B Shares | 110,469 | (218,302 | ) | (107,833 | ) | 51,342 | (135,654 | ) | (84,312 | ) | ||||||||||||||||||
| AB Sustainable Global Thematic Growth Class B Shares | 1,385 | (20,815 | ) | (19,430 | ) | 6,213 | (87,538 | ) | (81,325 | ) | ||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares | 177 | (18,588 | ) | (18,411 | ) | 2,994 | (41,332 | ) | (38,338 | ) | ||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares | - | (2,735 | ) | (2,735 | ) | - | (8,925 | ) | (8,925 | ) | ||||||||||||||||||
| Allspring VT International Equity Class 1 Shares | 1,788 | (17,707 | ) | (15,919 | ) | 30,012 | (77,602 | ) | (47,590 | ) | ||||||||||||||||||
| Allspring VT International Equity Class 2 Shares | 576 | (2,319 | ) | (1,743 | ) | - | (2,800 | ) | (2,800 | ) | ||||||||||||||||||
| Allspring VT Opportunity Class 1 Shares | 531 | (46,306 | ) | (45,775 | ) | 3,255 | (44,832 | ) | (41,577 | ) | ||||||||||||||||||
| Allspring VT Opportunity Class 2 Shares | 234 | (9,045 | ) | (8,811 | ) | - | (3,073 | ) | (3,073 | ) | ||||||||||||||||||
| Allspring VT Small Cap Growth Class 1 Shares | 661 | (178,645 | ) | (177,984 | ) | 12,721 | (71,805 | ) | (59,084 | ) | ||||||||||||||||||
| Allspring VT Small Cap Growth Class 2 Shares | 112 | (1,432 | ) | (1,320 | ) | - | (1,748 | ) | (1,748 | ) | ||||||||||||||||||
| BNY Mellon Stock Index Initial Shares | 904 | (12,386 | ) | (11,482 | ) | 1,906 | (28,476 | ) | (26,570 | ) | ||||||||||||||||||
| BNY Mellon Stock Index Service Shares | 153 | (833 | ) | (680 | ) | 1,848 | (941 | ) | 907 | |||||||||||||||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares | - | (3,629 | ) | (3,629 | ) | 13,891 | (5,142 | ) | 8,749 | |||||||||||||||||||
| BNY Mellon VIF Appreciation Initial Shares | 308 | (28,412 | ) | (28,104 | ) | 1,180 | (43,397 | ) | (42,217 | ) | ||||||||||||||||||
| BNY Mellon VIF Government Money Market | 20,435 | (115,547 | ) | (95,112 | ) | 368,400 | (432,952 | ) | (64,552 | ) | ||||||||||||||||||
| BNY Mellon VIF Growth and Income Initial Shares | 1,513 | (9,091 | ) | (7,578 | ) | 15,452 | (33,702 | ) | (18,250 | ) | ||||||||||||||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares | 2,677 | (34,673 | ) | (31,996 | ) | 1,366 | (40,642 | ) | (39,276 | ) | ||||||||||||||||||
| Columbia - Dividend Opportunity Class 1 Shares | 2,934 | (24,713 | ) | (21,779 | ) | 168 | (19,276 | ) | (19,108 | ) | ||||||||||||||||||
| Columbia - Income Opportunity Class 1 Shares | 22,561 | (55,345 | ) | (32,784 | ) | 15,139 | (75,307 | ) | (60,168 | ) | ||||||||||||||||||
| Columbia - Large Cap Growth Class 1 Shares | 13,119 | (169,350 | ) | (156,231 | ) | 40,748 | (86,028 | ) | (45,280 | ) | ||||||||||||||||||
| Columbia - Overseas Core Class 2 Shares | 10,720 | (89,246 | ) | (78,526 | ) | 161,590 | (187,530 | ) | (25,940 | ) | ||||||||||||||||||
| Columbia - Select Mid Cap Growth Class 1 Shares | 1,667 | (26,631 | ) | (24,964 | ) | 4,855 | (21,917 | ) | (17,062 | ) | ||||||||||||||||||
| Columbia - Select Mid Cap Value Class 1 Shares | 103 | (1,357 | ) | (1,254 | ) | - | (15,902 | ) | (15,902 | ) | ||||||||||||||||||
| Columbia - Small Cap Value Class 1 Shares | 5,387 | (32,104 | ) | (26,717 | ) | 3,240 | (29,250 | ) | (26,010 | ) | ||||||||||||||||||
| Columbia - Small Company Growth Class 1 Shares | - | (639 | ) | (639 | ) | 2 | (738 | ) | (736 | ) | ||||||||||||||||||
| Columbia - Strategic Income Class 1 Shares | 21,318 | (32,857 | ) | (11,539 | ) | 21,659 | (78,003 | ) | (56,344 | ) | ||||||||||||||||||
68
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares | 8,695 | (81,080 | ) | (72,385 | ) | 17,092 | (113,188 | ) | (96,096 | ) | ||||||||||||||||||
| Davis Value | 4,387 | (200,821 | ) | (196,434 | ) | 19,999 | (135,010 | ) | (115,011 | ) | ||||||||||||||||||
| Federated Hermes Government Money II Service Shares | 108,115 | (910,153 | ) | (802,038 | ) | 141,315 | (475,018 | ) | (333,703 | ) | ||||||||||||||||||
| Federated Hermes High Income Bond II Primary Shares | 4,945 | (64,847 | ) | (59,902 | ) | 42,592 | (61,236 | ) | (18,644 | ) | ||||||||||||||||||
| Federated Hermes Kaufmann II Primary Shares | 8,386 | (26,097 | ) | (17,711 | ) | 3,167 | (37,719 | ) | (34,552 | ) | ||||||||||||||||||
| Federated Hermes Kaufmann II Service Shares | 23,680 | (130,357 | ) | (106,677 | ) | 37,812 | (54,756 | ) | (16,944 | ) | ||||||||||||||||||
| Federated Hermes Managed Volatility II Primary Shares | 5,380 | (24,683 | ) | (19,303 | ) | 10,182 | (22,098 | ) | (11,916 | ) | ||||||||||||||||||
| Federated Hermes Managed Volatility II Service Shares | 5,446 | (43,239 | ) | (37,793 | ) | 4,003 | (34,389 | ) | (30,386 | ) | ||||||||||||||||||
| Federated Hermes Quality Bond II Primary Shares | - | (1,427 | ) | (1,427 | ) | - | (36,127 | ) | (36,127 | ) | ||||||||||||||||||
| Fidelity® VIP Asset Manager Initial Class | 33,270 | (91,186 | ) | (57,916 | ) | 42,827 | (61,784 | ) | (18,957 | ) | ||||||||||||||||||
| Fidelity® VIP Asset Manager: Growth Initial Class | - | (15,877 | ) | (15,877 | ) | - | (3,630 | ) | (3,630 | ) | ||||||||||||||||||
| Fidelity® VIP Balanced Initial Class | 14,218 | (108,431 | ) | (94,213 | ) | 6,295 | (96,815 | ) | (90,520 | ) | ||||||||||||||||||
| Fidelity® VIP Balanced Service Class 2 | 177 | (27,476 | ) | (27,299 | ) | - | (4,122 | ) | (4,122 | ) | ||||||||||||||||||
| Fidelity® VIP Contrafund® Initial Class | 12,648 | (109,932 | ) | (97,284 | ) | 6,081 | (138,815 | ) | (132,734 | ) | ||||||||||||||||||
| Fidelity® VIP Contrafund® Service Class 2 | 280,301 | (349,633 | ) | (69,332 | ) | 12,731 | (233,084 | ) | (220,353 | ) | ||||||||||||||||||
| Fidelity® VIP Equity-Income Initial Class | 638 | (52,847 | ) | (52,209 | ) | 8,592 | (104,674 | ) | (96,082 | ) | ||||||||||||||||||
| Fidelity® VIP Equity-Income Service Class 2 | 3,653 | (153,557 | ) | (149,904 | ) | 1,540 | (169,134 | ) | (167,594 | ) | ||||||||||||||||||
| Fidelity® VIP Government Money Market Initial Class | 309 | (98,702 | ) | (98,393 | ) | 277,582 | (20,999 | ) | 256,583 | |||||||||||||||||||
| Fidelity® VIP Government Money Market Service Class 2 | 4,487 | (22,971 | ) | (18,484 | ) | 7,184 | (28,267 | ) | (21,083 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Initial Class | 3,406 | (96,178 | ) | (92,772 | ) | 8,228 | (159,689 | ) | (151,461 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Service Class 2 | 554 | (50,412 | ) | (49,858 | ) | 4,585 | (36,325 | ) | (31,740 | ) | ||||||||||||||||||
| Fidelity® VIP Growth & Income Initial Class | 1,687 | (83,028 | ) | (81,341 | ) | 17,793 | (105,707 | ) | (87,914 | ) | ||||||||||||||||||
| Fidelity® VIP Growth & Income Service Class 2 | 17,118 | (15,965 | ) | 1,153 | 8,258 | (6,081 | ) | 2,177 | ||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Initial Class | - | (38,671 | ) | (38,671 | ) | 329 | (44,840 | ) | (44,511 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class | 718 | (37,978 | ) | (37,260 | ) | 3,919 | (41,650 | ) | (37,731 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class 2 | 700 | (5,320 | ) | (4,620 | ) | 1,995 | (1,518 | ) | 477 | |||||||||||||||||||
| Fidelity® VIP High Income Initial Class | 876 | (69,563 | ) | (68,687 | ) | 4,538 | (43,081 | ) | (38,543 | ) | ||||||||||||||||||
69
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| Fidelity® VIP High Income Service Class | 642 | (29,970 | ) | (29,328 | ) | 67 | (18,203 | ) | (18,136 | ) | ||||||||||||||||||
| Fidelity® VIP High Income Service Class 2 | 2,298 | (3,541 | ) | (1,243 | ) | 10,466 | (16,857 | ) | (6,391 | ) | ||||||||||||||||||
| Fidelity® VIP Index 500 Initial Class | 17,544 | (352,620 | ) | (335,076 | ) | 51,122 | (493,425 | ) | (442,303 | ) | ||||||||||||||||||
| Fidelity® VIP Index 500 Service Class 2 | 584 | (19,322 | ) | (18,738 | ) | 15,936 | (65,602 | ) | (49,666 | ) | ||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Initial Class | 171,312 | (424,257 | ) | (252,945 | ) | 108,232 | (477,695 | ) | (369,463 | ) | ||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 | 14,631 | (61,310 | ) | (46,679 | ) | 4,721 | (67,993 | ) | (63,272 | ) | ||||||||||||||||||
| Fidelity® VIP Mid Cap Initial Class | 467 | (37,498 | ) | (37,031 | ) | 32,882 | (84,462 | ) | (51,580 | ) | ||||||||||||||||||
| Fidelity® VIP Mid Cap Service Class 2 | 45,725 | (291,118 | ) | (245,393 | ) | 41,102 | (175,050 | ) | (133,948 | ) | ||||||||||||||||||
| Fidelity® VIP Overseas Initial Class | 117 | (29,905 | ) | (29,788 | ) | 1,162 | (35,704 | ) | (34,542 | ) | ||||||||||||||||||
| Fidelity® VIP Value Strategies Service Class 2 | 41,102 | (73,253 | ) | (32,151 | ) | 47,925 | (179,780 | ) | (131,855 | ) | ||||||||||||||||||
| Franklin Income Class 2 Shares | - | (44,110 | ) | (44,110 | ) | - | (28,994 | ) | (28,994 | ) | ||||||||||||||||||
| Franklin Mutual Shares Class 2 Shares | 5,477 | (96,889 | ) | (91,412 | ) | 5,992 | (96,934 | ) | (90,942 | ) | ||||||||||||||||||
| Franklin Rising Dividends Class 2 Shares | 7,600 | (61,533 | ) | (53,933 | ) | 107 | (29,672 | ) | (29,565 | ) | ||||||||||||||||||
| Franklin Small Cap Value Class 2 Shares | 2,645 | (24,396 | ) | (21,751 | ) | 6,699 | (36,264 | ) | (29,565 | ) | ||||||||||||||||||
| Franklin Small-Mid Cap Growth Class 2 Shares | 12,296 | (256,316 | ) | (244,020 | ) | 18,318 | (188,156 | ) | (169,838 | ) | ||||||||||||||||||
| Franklin Templeton Developing Markets Class 2 Shares | 353 | (11,691 | ) | (11,338 | ) | 21,820 | (24,341 | ) | (2,521 | ) | ||||||||||||||||||
| Franklin Templeton Foreign Class 2 Shares | 8,279 | (89,423 | ) | (81,144 | ) | 3,476 | (114,411 | ) | (110,935 | ) | ||||||||||||||||||
| Invesco V.I. American Franchise Series I Shares | - | (59,326 | ) | (59,326 | ) | - | (36,850 | ) | (36,850 | ) | ||||||||||||||||||
| Invesco V.I. American Franchise Series II Shares | 30 | (2,816 | ) | (2,786 | ) | 26 | (5,212 | ) | (5,186 | ) | ||||||||||||||||||
| Invesco V.I. American Value Series II Shares | 9,070 | (10,537 | ) | (1,467 | ) | 56,099 | (2,560 | ) | 53,539 | |||||||||||||||||||
| Invesco V.I. Capital Appreciation Series I Shares | 13,501 | (243,302 | ) | (229,801 | ) | 33,796 | (206,630 | ) | (172,834 | ) | ||||||||||||||||||
| Invesco V.I. Capital Appreciation Series II Shares | 1,251 | (19,030 | ) | (17,779 | ) | 1,458 | (7,835 | ) | (6,377 | ) | ||||||||||||||||||
| Invesco V.I. Comstock Series II Shares | 15,988 | (87,524 | ) | (71,536 | ) | 4,441 | (64,912 | ) | (60,471 | ) | ||||||||||||||||||
| Invesco V.I. Conservative Balanced Series I Shares | 6,414 | (33,838 | ) | (27,424 | ) | 3,681 | (33,456 | ) | (29,775 | ) | ||||||||||||||||||
| Invesco V.I. Conservative Balanced Series II Shares | - | (3,128 | ) | (3,128 | ) | - | (8,859 | ) | (8,859 | ) | ||||||||||||||||||
| Invesco V.I. Core Equity Series I Shares | 11,758 | (196,699 | ) | (184,941 | ) | 76,508 | (253,717 | ) | (177,209 | ) | ||||||||||||||||||
| Invesco V.I. Core Equity Series II Shares | 20,110 | (79,888 | ) | (59,778 | ) | 3,213 | (46,451 | ) | (43,238 | ) | ||||||||||||||||||
70
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares | 238 | (2,526 | ) | (2,288 | ) | 895 | (2,141 | ) | (1,246 | ) | ||||||||||||||||||
| Invesco V.I. Equity and Income Series II Shares | 33,885 | (234,270 | ) | (200,385 | ) | 41,185 | (128,997 | ) | (87,812 | ) | ||||||||||||||||||
| Invesco V.I. EQV International Equity Series I Shares | 444 | (11,974 | ) | (11,530 | ) | 756 | (17,126 | ) | (16,370 | ) | ||||||||||||||||||
| Invesco V.I. EQV International Equity Series II Shares | - | (866 | ) | (866 | ) | - | (872 | ) | (872 | ) | ||||||||||||||||||
| Invesco V.I. Global Series I Shares | 2,104 | (17,964 | ) | (15,860 | ) | 59,615 | (56,863 | ) | 2,752 | |||||||||||||||||||
| Invesco V.I. Global Series II Shares | 72 | (235 | ) | (163 | ) | 227 | (24,650 | ) | (24,423 | ) | ||||||||||||||||||
| Invesco V.I. Global Strategic Income Series I Shares | 4,586 | (65,508 | ) | (60,922 | ) | 6,360 | (162,111 | ) | (155,751 | ) | ||||||||||||||||||
| Invesco V.I. Global Strategic Income Series II Shares | 1,492 | (21,497 | ) | (20,005 | ) | 1,091 | (79,732 | ) | (78,641 | ) | ||||||||||||||||||
| Invesco V.I. Government Securities Series I Shares | 413 | (19,660 | ) | (19,247 | ) | 398 | (21,181 | ) | (20,783 | ) | ||||||||||||||||||
| Invesco V.I. Government Securities Series II Shares | 1,517 | (13,426 | ) | (11,909 | ) | 18,830 | (25,288 | ) | (6,458 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Series I Shares | 8,365 | (84,030 | ) | (75,665 | ) | 10,113 | (181,589 | ) | (171,476 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Series II Shares | 341 | (4,738 | ) | (4,397 | ) | 5,770 | (13,916 | ) | (8,146 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Mid Cap Series II Shares | 4,399 | (10,747 | ) | (6,348 | ) | 797 | (11,546 | ) | (10,749 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Small Cap Series II Shares | 62 | (317 | ) | (255 | ) | - | (640 | ) | (640 | ) | ||||||||||||||||||
| Janus Henderson - Balanced Service Shares | 13,301 | (20,956 | ) | (7,655 | ) | 304 | (131,359 | ) | (131,055 | ) | ||||||||||||||||||
| Janus Henderson - Enterprise Service Shares | - | (43,792 | ) | (43,792 | ) | - | (34,757 | ) | (34,757 | ) | ||||||||||||||||||
| Janus Henderson - Forty Service Shares | - | (2,292 | ) | (2,292 | ) | - | (2,663 | ) | (2,663 | ) | ||||||||||||||||||
| Janus Henderson - Global Research Service Shares | - | (43,152 | ) | (43,152 | ) | - | (66,669 | ) | (66,669 | ) | ||||||||||||||||||
| Janus Henderson - Mid Cap Value Service Shares | 380 | (1,133 | ) | (753 | ) | 307 | (578 | ) | (271 | ) | ||||||||||||||||||
| Janus Henderson - Overseas Service Shares | 7,725 | (35,739 | ) | (28,014 | ) | 1,434 | (80,803 | ) | (79,369 | ) | ||||||||||||||||||
| Janus Henderson - Research Service Shares | - | (3,474 | ) | (3,474 | ) | - | (52,096 | ) | (52,096 | ) | ||||||||||||||||||
| LVIP JPMorgan Core Bond Standard Shares | 1,576,183 | (243,513 | ) | 1,332,670 | - | - | - | |||||||||||||||||||||
| LVIP JPMorgan Mid Cap Value Standard Shares | 233,968 | (27,882 | ) | 206,086 | - | - | - | |||||||||||||||||||||
| LVIP JPMorgan U.S. Equity Standard Shares | 511,211 | (74,256 | ) | 436,955 | - | - | - | |||||||||||||||||||||
| MFS® Core Equity Initial Class | - | (4,596 | ) | (4,596 | ) | - | (2,805 | ) | (2,805 | ) | ||||||||||||||||||
| MFS® Growth Initial Class | 17,768 | (92,525 | ) | (74,757 | ) | 42,953 | (155,377 | ) | (112,424 | ) | ||||||||||||||||||
| MFS® Growth Service Class | - | (9,416 | ) | (9,416 | ) | - | (34,736 | ) | (34,736 | ) | ||||||||||||||||||
71
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Initial Class | - | (1,298 | ) | (1,298 | ) | - | (1,983 | ) | (1,983 | ) | ||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Service Class | 50,680 | (144,686 | ) | (94,006 | ) | 14,315 | (71,889 | ) | (57,574 | ) | ||||||||||||||||||
| MFS® New Discovery Initial Class | 3,743 | (19,837 | ) | (16,094 | ) | 5,510 | (14,367 | ) | (8,857 | ) | ||||||||||||||||||
| MFS® New Discovery Service Class | 40 | (5,699 | ) | (5,659 | ) | 29 | (3,611 | ) | (3,582 | ) | ||||||||||||||||||
| MFS® Research Initial Class | 1,491 | (35,846 | ) | (34,355 | ) | 4,177 | (46,273 | ) | (42,096 | ) | ||||||||||||||||||
| MFS® Research Service Class | 9,295 | (49,006 | ) | (39,711 | ) | 223 | (20,434 | ) | (20,211 | ) | ||||||||||||||||||
| MFS® Total Return Initial Class | 2,049 | (146,598 | ) | (144,549 | ) | 939 | (232,070 | ) | (231,131 | ) | ||||||||||||||||||
| MFS® Total Return Service Class | 336 | (207,099 | ) | (206,763 | ) | 3,256 | (92,565 | ) | (89,309 | ) | ||||||||||||||||||
| MFS® Total Return Bond Initial Class | 2,843 | (6,740 | ) | (3,897 | ) | - | (6,107 | ) | (6,107 | ) | ||||||||||||||||||
| MFS® Total Return Bond Service Class | 46,421 | (168,548 | ) | (122,127 | ) | 26,096 | (108,855 | ) | (82,759 | ) | ||||||||||||||||||
| MFS® Utilities Initial Class | 1,741 | (89,923 | ) | (88,182 | ) | 9,854 | (107,543 | ) | (97,689 | ) | ||||||||||||||||||
| MFS® Utilities Service Class | 679 | (19,630 | ) | (18,951 | ) | 4,462 | (22,576 | ) | (18,114 | ) | ||||||||||||||||||
| Putnam VT Core Equity Class IB Shares | - | (959 | ) | (959 | ) | - | (82 | ) | (82 | ) | ||||||||||||||||||
| Putnam VT Diversified Income Class IB Shares | 982 | (6,714 | ) | (5,732 | ) | 214 | (14,932 | ) | (14,718 | ) | ||||||||||||||||||
| Putnam VT Focused International Equity Class IB Shares | 3,943 | (25,210 | ) | (21,267 | ) | 19,755 | (17,070 | ) | 2,685 | |||||||||||||||||||
| Putnam VT George Putnam Balanced Class IB Shares | 18 | (25,928 | ) | (25,910 | ) | 118 | (19,297 | ) | (19,179 | ) | ||||||||||||||||||
| Putnam VT Global Health Care Class IB Shares | 68 | (1,982 | ) | (1,914 | ) | 447 | (2,117 | ) | (1,670 | ) | ||||||||||||||||||
| Putnam VT Government Money Market Class IB Shares | 430,665 | (198,478 | ) | 232,187 | 1,183,490 | (1,566,116 | ) | (382,626 | ) | |||||||||||||||||||
| Putnam VT Income Class IB Shares | - | (1,593 | ) | (1,593 | ) | - | (913 | ) | (913 | ) | ||||||||||||||||||
| Putnam VT International Equity Class IB Shares | - | (892 | ) | (892 | ) | 6,582 | (27,833 | ) | (21,251 | ) | ||||||||||||||||||
| Putnam VT Large Cap Growth Class IB Shares | 641 | (9,413 | ) | (8,772 | ) | 12,033 | (59,567 | ) | (47,534 | ) | ||||||||||||||||||
| Putnam VT Large Cap Value Class IB Shares | 726 | (136,695 | ) | (135,969 | ) | 45,170 | (64,539 | ) | (19,369 | ) | ||||||||||||||||||
| Putnam VT Research Class IB Shares | - | (211 | ) | (211 | ) | - | (195 | ) | (195 | ) | ||||||||||||||||||
| Putnam VT Sustainable Leaders Class IB Shares | - | (130 | ) | (130 | ) | - | (146 | ) | (146 | ) | ||||||||||||||||||
| TA Aegon Bond Initial Class | 679,524 | (706,554 | ) | (27,030 | ) | 283,921 | (1,368,117 | ) | (1,084,196 | ) | ||||||||||||||||||
| TA Aegon Bond Service Class | 32,214 | (595,823 | ) | (563,609 | ) | 213,293 | (1,154,122 | ) | (940,829 | ) | ||||||||||||||||||
| TA Aegon Core Bond Initial Class | 32,935 | (111,598 | ) | (78,663 | ) | 56,928 | (123,509 | ) | (66,581 | ) | ||||||||||||||||||
72
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| TA Aegon High Yield Bond Initial Class | 160,774 | (293,168 | ) | (132,394 | ) | 189,595 | (596,475 | ) | (406,880 | ) | ||||||||||||||||||
| TA Aegon High Yield Bond Service Class | 2,306 | (11,887 | ) | (9,581 | ) | 4,010 | (29,787 | ) | (25,777 | ) | ||||||||||||||||||
| TA Aegon Sustainable Equity Income Initial Class | 177,811 | (434,054 | ) | (256,243 | ) | 144,500 | (655,436 | ) | (510,936 | ) | ||||||||||||||||||
| TA Aegon Sustainable Equity Income Service Class | 18,684 | (127,449 | ) | (108,765 | ) | 7,303 | (148,966 | ) | (141,663 | ) | ||||||||||||||||||
| TA Aegon U.S. Government Securities Initial Class | 567,709 | (341,955 | ) | 225,754 | 1,773,742 | (1,617,613 | ) | 156,129 | ||||||||||||||||||||
| TA Aegon U.S. Government Securities Service Class | 237,082 | (859,382 | ) | (622,300 | ) | 1,885,228 | (509,192 | ) | 1,376,036 | |||||||||||||||||||
| TA BlackRock Government Money Market Initial Class | 1,794,872 | (4,384,741 | ) | (2,589,869 | ) | 4,390,159 | (3,700,180 | ) | 689,979 | |||||||||||||||||||
| TA BlackRock Government Money Market Service Class | 873,785 | (2,287,777 | ) | (1,413,992 | ) | 1,964,187 | (3,006,292 | ) | (1,042,105 | ) | ||||||||||||||||||
| TA BlackRock iShares Edge 40 Initial Class | 21,968 | (54,699 | ) | (32,731 | ) | 46,229 | (183,408 | ) | (137,179 | ) | ||||||||||||||||||
| TA BlackRock iShares Edge 40 Service Class | 5,168 | (26,475 | ) | (21,307 | ) | 3,983 | (30,578 | ) | (26,595 | ) | ||||||||||||||||||
| TA BlackRock Real Estate Securities Initial Class | 28,100 | (39,551 | ) | (11,451 | ) | 31,206 | (46,051 | ) | (14,845 | ) | ||||||||||||||||||
| TA BlackRock Real Estate Securities Service Class | 3,168 | (2,004 | ) | 1,164 | 2,208 | (15,037 | ) | (12,829 | ) | |||||||||||||||||||
| TA International Focus Initial Class | 12,486 | (46,244 | ) | (33,758 | ) | 18,164 | (223,647 | ) | (205,483 | ) | ||||||||||||||||||
| TA International Focus Service Class | 66 | (748 | ) | (682 | ) | 1,371 | (15,131 | ) | (13,760 | ) | ||||||||||||||||||
| TA Janus Mid-Cap Growth Initial Class | 13,096 | (137,168 | ) | (124,072 | ) | 66,545 | (282,534 | ) | (215,989 | ) | ||||||||||||||||||
| TA Janus Mid-Cap Growth Service Class | 9,049 | (74,279 | ) | (65,230 | ) | 2,236 | (7,019 | ) | (4,783 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class | 317,772 | (641,914 | ) | (324,142 | ) | 539,002 | (973,871 | ) | (434,869 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Service Class | 35,340 | (2,236,419 | ) | (2,201,079 | ) | 91,182 | (1,880,387 | ) | (1,789,205 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Initial Class | 5,659 | (411,160 | ) | (405,501 | ) | 18,711 | (653,017 | ) | (634,306 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Service Class | 46,534 | (395,917 | ) | (349,383 | ) | 89,024 | (459,615 | ) | (370,591 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class | 45,181 | (864,078 | ) | (818,897 | ) | 372,486 | (1,794,126 | ) | (1,421,640 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Service Class | 456,630 | (3,442,274 | ) | (2,985,644 | ) | 271,435 | (3,353,222 | ) | (3,081,787 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class | 99,387 | (1,060,614 | ) | (961,227 | ) | 146,756 | (1,360,385 | ) | (1,213,629 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class | 135,433 | (6,325,387 | ) | (6,189,954 | ) | 605,150 | (6,253,935 | ) | (5,648,785 | ) | ||||||||||||||||||
| TA JPMorgan Enhanced Index Initial Class | 231,993 | (449,333 | ) | (217,340 | ) | 220,880 | (549,193 | ) | (328,313 | ) | ||||||||||||||||||
| TA JPMorgan Enhanced Index Service Class | 50,322 | (5,513 | ) | 44,809 | - | (17,024 | ) | (17,024 | ) | |||||||||||||||||||
73
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Units (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
Units Purchased | Units Redeemed and Transferred to/from |
Net Increase (Decrease) |
||||||||||||||||||||||
| TA JPMorgan International Moderate Growth Initial Class | 526 | (8,909 | ) | (8,383 | ) | 51,185 | (40,479 | ) | 10,706 | |||||||||||||||||||
| TA JPMorgan International Moderate Growth Service Class | 24,252 | (718,325 | ) | (694,073 | ) | 25,883 | (825,196 | ) | (799,313 | ) | ||||||||||||||||||
| TA JPMorgan Mid Cap Value Initial Class | 17,348 | (45,683 | ) | (28,335 | ) | 22,523 | (51,422 | ) | (28,899 | ) | ||||||||||||||||||
| TA JPMorgan Tactical Allocation Initial Class | 2,798 | (32,836 | ) | (30,038 | ) | 1,573 | (43,010 | ) | (41,437 | ) | ||||||||||||||||||
| TA JPMorgan Tactical Allocation Service Class | 13,879 | (83,805 | ) | (69,926 | ) | 20,590 | (101,931 | ) | (81,341 | ) | ||||||||||||||||||
| TA Multi-Managed Balanced Initial Class | 1,225 | (102,894 | ) | (101,669 | ) | 55,179 | (203,192 | ) | (148,013 | ) | ||||||||||||||||||
| TA Multi-Managed Balanced Service Class | 184,914 | (606,232 | ) | (421,318 | ) | 78,005 | (1,389,201 | ) | (1,311,196 | ) | ||||||||||||||||||
| TA Small/Mid Cap Value Initial Class | 6,670 | (18,962 | ) | (12,292 | ) | 2,872 | (29,378 | ) | (26,506 | ) | ||||||||||||||||||
| TA T. Rowe Price Small Cap Initial Class | 42,337 | (169,196 | ) | (126,859 | ) | 7,625 | (89,425 | ) | (81,800 | ) | ||||||||||||||||||
| TA T. Rowe Price Small Cap Service Class | 9,136 | (3,819 | ) | 5,317 | 38,294 | (4,132 | ) | 34,162 | ||||||||||||||||||||
| TA TS&W International Equity Initial Class | 121,359 | (140,803 | ) | (19,444 | ) | 92,308 | (160,045 | ) | (67,737 | ) | ||||||||||||||||||
| TA TS&W International Equity Service Class | 39,937 | (28,211 | ) | 11,726 | 9,427 | (33,084 | ) | (23,657 | ) | |||||||||||||||||||
| TA WMC US Growth Initial Class | 2,932,241 | (968,225 | ) | 1,964,016 | 128,378 | (1,239,622 | ) | (1,111,244 | ) | |||||||||||||||||||
| TA WMC US Growth Service Class | 280,159 | (263,670 | ) | 16,489 | 77,026 | (141,892 | ) | (64,866 | ) | |||||||||||||||||||
| Wanger Acorn | 10,004 | (93,759 | ) | (83,755 | ) | 40,308 | (59,723 | ) | (19,415 | ) | ||||||||||||||||||
74
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| AB Large Cap Growth Class B Shares | $ | - | $ | (157,865 | ) | $ | (157,865 | ) | $ | - | $ | (186,580 | ) | $ | (186,580 | ) | ||||||||||||
| AB Relative Value Class B Shares | 358,966 | (646,962 | ) | (287,996 | ) | 167,148 | (375,225 | ) | (208,077 | ) | ||||||||||||||||||
| AB Sustainable Global Thematic Growth Class B Shares | 2,350 | (37,479 | ) | (35,129 | ) | 10,451 | (101,182 | ) | (90,731 | ) | ||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares | 520 | (82,440 | ) | (81,920 | ) | 12,973 | (192,512 | ) | (179,539 | ) | ||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares | - | (16,541 | ) | (16,541 | ) | - | (57,001 | ) | (57,001 | ) | ||||||||||||||||||
| Allspring VT International Equity Class 1 Shares | 3,137 | (35,143 | ) | (32,006 | ) | 53,242 | (137,050 | ) | (83,808 | ) | ||||||||||||||||||
| Allspring VT International Equity Class 2 Shares | 1,354 | (5,143 | ) | (3,789 | ) | - | (5,870 | ) | (5,870 | ) | ||||||||||||||||||
| Allspring VT Opportunity Class 1 Shares | 1,456 | (156,036 | ) | (154,580 | ) | 8,959 | (136,624 | ) | (127,665 | ) | ||||||||||||||||||
| Allspring VT Opportunity Class 2 Shares | 775 | (28,981 | ) | (28,206 | ) | - | (9,206 | ) | (9,206 | ) | ||||||||||||||||||
| Allspring VT Small Cap Growth Class 1 Shares | 1,571 | (577,735 | ) | (576,164 | ) | 40,052 | (233,415 | ) | (193,363 | ) | ||||||||||||||||||
| Allspring VT Small Cap Growth Class 2 Shares | 342 | (4,322 | ) | (3,980 | ) | - | (5,650 | ) | (5,650 | ) | ||||||||||||||||||
| BNY Mellon Stock Index Initial Shares | 3,905 | (55,209 | ) | (51,304 | ) | 7,335 | (121,023 | ) | (113,688 | ) | ||||||||||||||||||
| BNY Mellon Stock Index Service Shares | 473 | (2,594 | ) | (2,121 | ) | 5,500 | (2,843 | ) | 2,657 | |||||||||||||||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares | - | (8,152 | ) | (8,152 | ) | 31,222 | (11,802 | ) | 19,420 | |||||||||||||||||||
| BNY Mellon VIF Appreciation Initial Shares | 1,386 | (136,972 | ) | (135,586 | ) | 5,523 | (201,305 | ) | (195,782 | ) | ||||||||||||||||||
| BNY Mellon VIF Government Money Market | 22,230 | (126,108 | ) | (103,878 | ) | 385,545 | (453,203 | ) | (67,658 | ) | ||||||||||||||||||
| BNY Mellon VIF Growth and Income Initial Shares | 6,548 | (37,691 | ) | (31,143 | ) | 62,501 | (134,155 | ) | (71,654 | ) | ||||||||||||||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares | 6,822 | (96,680 | ) | (89,858 | ) | 3,586 | (109,165 | ) | (105,579 | ) | ||||||||||||||||||
| Columbia - Dividend Opportunity Class 1 Shares | 7,367 | (60,314 | ) | (52,947 | ) | 1,264 | (55,016 | ) | (53,752 | ) | ||||||||||||||||||
| Columbia - Income Opportunity Class 1 Shares | 26,908 | (69,557 | ) | (42,649 | ) | 19,085 | (92,735 | ) | (73,650 | ) | ||||||||||||||||||
| Columbia - Large Cap Growth Class 1 Shares | 29,112 | (396,541 | ) | (367,429 | ) | 90,697 | (185,619 | ) | (94,922 | ) | ||||||||||||||||||
| Columbia - Overseas Core Class 2 Shares | 13,338 | (110,708 | ) | (97,370 | ) | 205,942 | (229,591 | ) | (23,649 | ) | ||||||||||||||||||
| Columbia - Select Mid Cap Growth Class 1 Shares | 3,883 | (61,665 | ) | (57,782 | ) | 10,630 | (48,761 | ) | (38,131 | ) | ||||||||||||||||||
| Columbia - Select Mid Cap Value Class 1 Shares | 1,497 | (5,536 | ) | (4,039 | ) | - | (48,239 | ) | (48,239 | ) | ||||||||||||||||||
| Columbia - Small Cap Value Class 1 Shares | 19,628 | (126,161 | ) | (106,533 | ) | 11,120 | (106,660 | ) | (95,540 | ) | ||||||||||||||||||
| Columbia - Small Company Growth Class 1 Shares | - | (2,404 | ) | (2,404 | ) | 36 | (4,005 | ) | (3,969 | ) | ||||||||||||||||||
| Columbia - Strategic Income Class 1 Shares | 42,623 | (64,389 | ) | (21,766 | ) | 43,193 | (163,505 | ) | (120,312 | ) | ||||||||||||||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares | 18,444 | (179,398 | ) | (160,954 | ) | 36,564 | (237,584 | ) | (201,020 | ) | ||||||||||||||||||
75
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| Davis Value | $ | 13,077 | $ | (582,246 | ) | $ | (569,169 | ) | $ | 53,567 | $ | (363,870 | ) | $ | (310,303 | ) | ||||||||||||
| Federated Hermes Government Money II Service Shares | 102,486 | (852,017 | ) | (749,531 | ) | 131,453 | (439,727 | ) | (308,274 | ) | ||||||||||||||||||
| Federated Hermes High Income Bond II Primary Shares | 8,836 | (164,846 | ) | (156,010 | ) | 109,808 | (154,026 | ) | (44,218 | ) | ||||||||||||||||||
| Federated Hermes Kaufmann II Primary Shares | 40,342 | (114,089 | ) | (73,747 | ) | 12,384 | (176,255 | ) | (163,871 | ) | ||||||||||||||||||
| Federated Hermes Kaufmann II Service Shares | 83,853 | (446,656 | ) | (362,803 | ) | 135,912 | (191,400 | ) | (55,488 | ) | ||||||||||||||||||
| Federated Hermes Managed Volatility II Primary Shares | 13,461 | (48,605 | ) | (35,144 | ) | 19,006 | (44,751 | ) | (25,745 | ) | ||||||||||||||||||
| Federated Hermes Managed Volatility II Service Shares | 5,818 | (46,557 | ) | (40,739 | ) | 4,570 | (38,256 | ) | (33,686 | ) | ||||||||||||||||||
| Federated Hermes Quality Bond II Primary Shares | - | (2,279 | ) | (2,279 | ) | - | (56,417 | ) | (56,417 | ) | ||||||||||||||||||
| Fidelity® VIP Asset Manager Initial Class | 98,507 | (275,155 | ) | (176,648 | ) | 123,448 | (190,663 | ) | (67,215 | ) | ||||||||||||||||||
| Fidelity® VIP Asset Manager: Growth Initial Class | - | (52,355 | ) | (52,355 | ) | - | (11,974 | ) | (11,974 | ) | ||||||||||||||||||
| Fidelity® VIP Balanced Initial Class | 61,318 | (465,061 | ) | (403,743 | ) | 24,849 | (398,007 | ) | (373,158 | ) | ||||||||||||||||||
| Fidelity® VIP Balanced Service Class 2 | 547 | (80,444 | ) | (79,897 | ) | - | (11,960 | ) | (11,960 | ) | ||||||||||||||||||
| Fidelity® VIP Contrafund® Initial Class | 112,035 | (937,906 | ) | (825,871 | ) | 34,557 | (1,112,217 | ) | (1,077,660 | ) | ||||||||||||||||||
| Fidelity® VIP Contrafund® Service Class 2 | 1,144,393 | (1,477,359 | ) | (332,966 | ) | 51,157 | (865,947 | ) | (814,790 | ) | ||||||||||||||||||
| Fidelity® VIP Equity-Income Initial Class | 1,568 | (248,526 | ) | (246,958 | ) | 21,147 | (492,384 | ) | (471,237 | ) | ||||||||||||||||||
| Fidelity® VIP Equity-Income Service Class 2 | 12,295 | (472,305 | ) | (460,010 | ) | 3,634 | (504,582 | ) | (500,948 | ) | ||||||||||||||||||
| Fidelity® VIP Government Money Market Initial Class | 388 | (122,602 | ) | (122,214 | ) | 338,302 | (25,096 | ) | 313,206 | |||||||||||||||||||
| Fidelity® VIP Government Money Market Service Class 2 | 4,567 | (23,381 | ) | (18,814 | ) | 7,224 | (27,882 | ) | (20,658 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Initial Class | 16,193 | (732,713 | ) | (716,520 | ) | 38,663 | (1,101,785 | ) | (1,063,122 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Service Class 2 | 2,462 | (183,803 | ) | (181,341 | ) | 21,900 | (143,229 | ) | (121,329 | ) | ||||||||||||||||||
| Fidelity® VIP Growth & Income Initial Class | 8,246 | (436,699 | ) | (428,453 | ) | 58,634 | (525,597 | ) | (466,963 | ) | ||||||||||||||||||
| Fidelity® VIP Growth & Income Service Class 2 | 52,763 | (49,087 | ) | 3,676 | 22,718 | (18,192 | ) | 4,526 | ||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Initial Class | - | (254,475 | ) | (254,475 | ) | 1,910 | (262,006 | ) | (260,096 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class | 4,107 | (226,315 | ) | (222,208 | ) | 24,680 | (230,898 | ) | (206,218 | ) | ||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class 2 | 3,992 | (33,985 | ) | (29,993 | ) | 10,640 | (9,549 | ) | 1,091 | |||||||||||||||||||
| Fidelity® VIP High Income Initial Class | 1,744 | (140,717 | ) | (138,973 | ) | 9,371 | (85,956 | ) | (76,585 | ) | ||||||||||||||||||
| Fidelity® VIP High Income Service Class | 1,161 | (63,038 | ) | (61,877 | ) | 71 | (40,839 | ) | (40,768 | ) | ||||||||||||||||||
| Fidelity® VIP High Income Service Class 2 | 4,325 | (7,361 | ) | (3,036 | ) | 18,667 | (38,884 | ) | (20,217 | ) | ||||||||||||||||||
76
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| Fidelity® VIP Index 500 Initial Class | $ | 93,346 | $ | (2,208,344 | ) | $ | (2,114,998 | ) | $ | 249,863 | $ | (2,905,658 | ) | $ | (2,655,795 | ) | ||||||||||||
| Fidelity® VIP Index 500 Service Class 2 | 4,198 | (96,096 | ) | (91,898 | ) | 75,451 | (300,133 | ) | (224,682 | ) | ||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Initial Class | 175,053 | (725,072 | ) | (550,019 | ) | 202,530 | (969,925 | ) | (767,395 | ) | ||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 | 21,311 | (97,168 | ) | (75,857 | ) | 9,377 | (107,925 | ) | (98,548 | ) | ||||||||||||||||||
| Fidelity® VIP Mid Cap Initial Class | 4,232 | (342,262 | ) | (338,030 | ) | 282,461 | (766,804 | ) | (484,343 | ) | ||||||||||||||||||
| Fidelity® VIP Mid Cap Service Class 2 | 201,023 | (1,376,888 | ) | (1,175,865 | ) | 218,972 | (873,741 | ) | (654,769 | ) | ||||||||||||||||||
| Fidelity® VIP Overseas Initial Class | 204 | (82,082 | ) | (81,878 | ) | 2,593 | (86,542 | ) | (83,949 | ) | ||||||||||||||||||
| Fidelity® VIP Value Strategies Service Class 2 | 149,603 | (287,729 | ) | (138,126 | ) | 166,481 | (673,826 | ) | (507,345 | ) | ||||||||||||||||||
| Franklin Income Class 2 Shares | - | (76,704 | ) | (76,704 | ) | - | (52,567 | ) | (52,567 | ) | ||||||||||||||||||
| Franklin Mutual Shares Class 2 Shares | 14,480 | (246,970 | ) | (232,490 | ) | 11,594 | (236,416 | ) | (224,822 | ) | ||||||||||||||||||
| Franklin Rising Dividends Class 2 Shares | 35,464 | (291,186 | ) | (255,722 | ) | 209 | (132,754 | ) | (132,545 | ) | ||||||||||||||||||
| Franklin Small Cap Value Class 2 Shares | 12,181 | (117,099 | ) | (104,918 | ) | 27,311 | (129,407 | ) | (102,096 | ) | ||||||||||||||||||
| Franklin Small-Mid Cap Growth Class 2 Shares | 32,698 | (895,905 | ) | (863,207 | ) | 63,350 | (706,419 | ) | (643,069 | ) | ||||||||||||||||||
| Franklin Templeton Developing Markets Class 2 Shares | 297 | (26,247 | ) | (25,950 | ) | 51,819 | (37,090 | ) | 14,729 | |||||||||||||||||||
| Franklin Templeton Foreign Class 2 Shares | 15,077 | (157,240 | ) | (142,163 | ) | 4,160 | (163,448 | ) | (159,288 | ) | ||||||||||||||||||
| Invesco V.I. American Franchise Series I Shares | - | (186,838 | ) | (186,838 | ) | - | (100,926 | ) | (100,926 | ) | ||||||||||||||||||
| Invesco V.I. American Franchise Series II Shares | 70 | (8,490 | ) | (8,420 | ) | 63 | (13,875 | ) | (13,812 | ) | ||||||||||||||||||
| Invesco V.I. American Value Series II Shares | 94,970 | (105,284 | ) | (10,314 | ) | 555,818 | (24,721 | ) | 531,097 | |||||||||||||||||||
| Invesco V.I. Capital Appreciation Series I Shares | 42,256 | (862,988 | ) | (820,732 | ) | 112,856 | (805,190 | ) | (692,334 | ) | ||||||||||||||||||
| Invesco V.I. Capital Appreciation Series II Shares | 4,591 | (64,336 | ) | (59,745 | ) | 5,278 | (33,240 | ) | (27,962 | ) | ||||||||||||||||||
| Invesco V.I. Comstock Series II Shares | 55,883 | (297,891 | ) | (242,008 | ) | 14,557 | (214,559 | ) | (200,002 | ) | ||||||||||||||||||
| Invesco V.I. Conservative Balanced Series I Shares | 10,818 | (69,776 | ) | (58,958 | ) | 7,381 | (66,707 | ) | (59,326 | ) | ||||||||||||||||||
| Invesco V.I. Conservative Balanced Series II Shares | - | (5,336 | ) | (5,336 | ) | - | (15,192 | ) | (15,192 | ) | ||||||||||||||||||
| Invesco V.I. Core Equity Series I Shares | 35,709 | (641,402 | ) | (605,693 | ) | 228,867 | (786,751 | ) | (557,884 | ) | ||||||||||||||||||
| Invesco V.I. Core Equity Series II Shares | 62,064 | (236,940 | ) | (174,876 | ) | 8,251 | (124,295 | ) | (116,044 | ) | ||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares | 2,888 | (31,212 | ) | (28,324 | ) | 11,934 | (28,055 | ) | (16,121 | ) | ||||||||||||||||||
| Invesco V.I. Equity and Income Series II Shares | 99,117 | (680,449 | ) | (581,332 | ) | 157,001 | (370,414 | ) | (213,413 | ) | ||||||||||||||||||
| Invesco V.I. EQV International Equity Series I Shares | 610 | (28,288 | ) | (27,678 | ) | 1,158 | (32,531 | ) | (31,373 | ) | ||||||||||||||||||
77
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| Invesco V.I. EQV International Equity Series II Shares | $ | - | $ | (2,965 | ) | $ | (2,965 | ) | $ | - | $ | (2,852 | ) | $ | (2,852 | ) | ||||||||||||
| Invesco V.I. Global Series I Shares | 4,213 | (81,418 | ) | (77,205 | ) | 193,873 | (264,158 | ) | (70,285 | ) | ||||||||||||||||||
| Invesco V.I. Global Series II Shares | 250 | (856 | ) | (606 | ) | 813 | (100,629 | ) | (99,816 | ) | ||||||||||||||||||
| Invesco V.I. Global Strategic Income Series I Shares | 6,464 | (128,697 | ) | (122,233 | ) | 12,705 | (289,640 | ) | (276,935 | ) | ||||||||||||||||||
| Invesco V.I. Global Strategic Income Series II Shares | 2,047 | (31,413 | ) | (29,366 | ) | 1,396 | (116,015 | ) | (114,619 | ) | ||||||||||||||||||
| Invesco V.I. Government Securities Series I Shares | 565 | (28,255 | ) | (27,690 | ) | 430 | (32,318 | ) | (31,888 | ) | ||||||||||||||||||
| Invesco V.I. Government Securities Series II Shares | 1,493 | (14,627 | ) | (13,134 | ) | 24,016 | (27,593 | ) | (3,577 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Series I Shares | 24,348 | (322,832 | ) | (298,484 | ) | 30,785 | (631,291 | ) | (600,506 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Series II Shares | 3,570 | (27,252 | ) | (23,682 | ) | 89,048 | (83,692 | ) | 5,356 | |||||||||||||||||||
| Invesco V.I. Main Street Mid Cap Series II Shares | 13,202 | (30,001 | ) | (16,799 | ) | 2,230 | (31,246 | ) | (29,016 | ) | ||||||||||||||||||
| Invesco V.I. Main Street Small Cap Series II Shares | 847 | (2,591 | ) | (1,744 | ) | - | (6,896 | ) | (6,896 | ) | ||||||||||||||||||
| Janus Henderson - Balanced Service Shares | 42,712 | (65,758 | ) | (23,046 | ) | 1,015 | (429,972 | ) | (428,957 | ) | ||||||||||||||||||
| Janus Henderson - Enterprise Service Shares | - | (114,333 | ) | (114,333 | ) | - | (75,570 | ) | (75,570 | ) | ||||||||||||||||||
| Janus Henderson - Forty Service Shares | - | (9,073 | ) | (9,073 | ) | - | (8,378 | ) | (8,378 | ) | ||||||||||||||||||
| Janus Henderson - Global Research Service Shares | - | (72,624 | ) | (72,624 | ) | - | (116,034 | ) | (116,034 | ) | ||||||||||||||||||
| Janus Henderson - Mid Cap Value Service Shares | 698 | (2,609 | ) | (1,911 | ) | 566 | (1,569 | ) | (1,003 | ) | ||||||||||||||||||
| Janus Henderson - Overseas Service Shares | 12,467 | (60,342 | ) | (47,875 | ) | 2,009 | (119,451 | ) | (117,442 | ) | ||||||||||||||||||
| Janus Henderson - Research Service Shares | - | (7,207 | ) | (7,207 | ) | - | (96,266 | ) | (96,266 | ) | ||||||||||||||||||
| LVIP JPMorgan Core Bond Standard Shares | 2,427,221 | (359,314 | ) | 2,067,907 | - | - | - | |||||||||||||||||||||
| LVIP JPMorgan Mid Cap Value Standard Shares | 988,592 | (110,678 | ) | 877,914 | - | - | - | |||||||||||||||||||||
| LVIP JPMorgan U.S. Equity Standard Shares | 1,666,020 | (256,063 | ) | 1,409,957 | - | - | - | |||||||||||||||||||||
| MFS® Core Equity Initial Class | - | (9,342 | ) | (9,342 | ) | - | (5,709 | ) | (5,709 | ) | ||||||||||||||||||
| MFS® Growth Initial Class | 83,862 | (505,361 | ) | (421,499 | ) | 359,340 | (872,150 | ) | (512,810 | ) | ||||||||||||||||||
| MFS® Growth Service Class | - | (57,651 | ) | (57,651 | ) | - | (162,425 | ) | (162,425 | ) | ||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Initial Class | - | (3,075 | ) | (3,075 | ) | - | (4,662 | ) | (4,662 | ) | ||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Service Class | 124,748 | (345,690 | ) | (220,942 | ) | 69,404 | (164,636 | ) | (95,232 | ) | ||||||||||||||||||
| MFS® New Discovery Initial Class | 10,874 | (58,874 | ) | (48,000 | ) | 15,761 | (43,085 | ) | (27,324 | ) | ||||||||||||||||||
| MFS® New Discovery Service Class | 93 | (25,653 | ) | (25,560 | ) | 67 | (15,812 | ) | (15,745 | ) | ||||||||||||||||||
78
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| MFS® Research Initial Class | $ | 4,729 | $ | (152,799 | ) | $ | (148,070 | ) | $ | 13,081 | $ | (185,583 | ) | $ | (172,502 | ) | ||||||||||||
| MFS® Research Service Class | 46,564 | (247,283 | ) | (200,719 | ) | 891 | (100,924 | ) | (100,033 | ) | ||||||||||||||||||
| MFS® Total Return Initial Class | 3,708 | (455,980 | ) | (452,272 | ) | 1,981 | (671,721 | ) | (669,740 | ) | ||||||||||||||||||
| MFS® Total Return Service Class | 697 | (479,988 | ) | (479,291 | ) | 8,157 | (216,875 | ) | (208,718 | ) | ||||||||||||||||||
| MFS® Total Return Bond Initial Class | 5,498 | (12,758 | ) | (7,260 | ) | - | (11,675 | ) | (11,675 | ) | ||||||||||||||||||
| MFS® Total Return Bond Service Class | 66,261 | (240,528 | ) | (174,267 | ) | 38,880 | (159,748 | ) | (120,868 | ) | ||||||||||||||||||
| MFS® Utilities Initial Class | 8,658 | (502,223 | ) | (493,565 | ) | 54,972 | (615,447 | ) | (560,475 | ) | ||||||||||||||||||
| MFS® Utilities Service Class | 4,188 | (119,382 | ) | (115,194 | ) | 26,333 | (141,738 | ) | (115,405 | ) | ||||||||||||||||||
| Putnam VT Core Equity Class IB Shares | - | (2,651 | ) | (2,651 | ) | - | (215 | ) | (215 | ) | ||||||||||||||||||
| Putnam VT Diversified Income Class IB Shares | 1,363 | (10,147 | ) | (8,784 | ) | 356 | (22,312 | ) | (21,956 | ) | ||||||||||||||||||
| Putnam VT Focused International Equity Class IB Shares | 8,101 | (53,671 | ) | (45,570 | ) | 42,345 | (35,278 | ) | 7,067 | |||||||||||||||||||
| Putnam VT George Putnam Balanced Class IB Shares | 27 | (62,603 | ) | (62,576 | ) | 177 | (45,747 | ) | (45,570 | ) | ||||||||||||||||||
| Putnam VT Global Health Care Class IB Shares | 155 | (7,419 | ) | (7,264 | ) | 1,151 | (9,427 | ) | (8,276 | ) | ||||||||||||||||||
| Putnam VT Government Money Market Class IB Shares | 359,490 | (194,348 | ) | 165,142 | 1,072,552 | (1,427,047 | ) | (354,495 | ) | |||||||||||||||||||
| Putnam VT Income Class IB Shares | - | (2,710 | ) | (2,710 | ) | - | (1,567 | ) | (1,567 | ) | ||||||||||||||||||
| Putnam VT International Equity Class IB Shares | - | (1,461 | ) | (1,461 | ) | 10,113 | (42,596 | ) | (32,483 | ) | ||||||||||||||||||
| Putnam VT Large Cap Growth Class IB Shares | 2,517 | (27,490 | ) | (24,973 | ) | 47,768 | (222,468 | ) | (174,700 | ) | ||||||||||||||||||
| Putnam VT Large Cap Value Class IB Shares | 2,097 | (646,333 | ) | (644,236 | ) | 163,700 | (274,253 | ) | (110,553 | ) | ||||||||||||||||||
| Putnam VT Research Class IB Shares | - | (777 | ) | (777 | ) | - | (719 | ) | (719 | ) | ||||||||||||||||||
| Putnam VT Sustainable Leaders Class IB Shares | - | (708 | ) | (708 | ) | - | (916 | ) | (916 | ) | ||||||||||||||||||
| TA Aegon Bond Initial Class | 962,998 | (992,820 | ) | (29,822 | ) | 446,468 | (2,042,278 | ) | (1,595,810 | ) | ||||||||||||||||||
| TA Aegon Bond Service Class | 48,742 | (811,158 | ) | (762,416 | ) | 306,471 | (1,751,730 | ) | (1,445,259 | ) | ||||||||||||||||||
| TA Aegon Core Bond Initial Class | 43,268 | (156,518 | ) | (113,250 | ) | 78,671 | (184,518 | ) | (105,847 | ) | ||||||||||||||||||
| TA Aegon High Yield Bond Initial Class | 374,552 | (659,773 | ) | (285,221 | ) | 445,500 | (1,381,833 | ) | (936,333 | ) | ||||||||||||||||||
| TA Aegon High Yield Bond Service Class | 5,329 | (22,678 | ) | (17,349 | ) | 8,731 | (65,484 | ) | (56,753 | ) | ||||||||||||||||||
| TA Aegon Sustainable Equity Income Initial Class | 365,306 | (985,168 | ) | (619,862 | ) | 318,520 | (1,449,605 | ) | (1,131,085 | ) | ||||||||||||||||||
| TA Aegon Sustainable Equity Income Service Class | 50,997 | (270,122 | ) | (219,125 | ) | 16,728 | (346,577 | ) | (329,849 | ) | ||||||||||||||||||
| TA Aegon U.S. Government Securities Initial Class | 704,724 | (426,280 | ) | 278,444 | 2,386,833 | (2,247,905 | ) | 138,928 | ||||||||||||||||||||
79
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| TA Aegon U.S. Government Securities Service Class | $ | 285,017 | $ | (1,054,253 | ) | $ | (769,236 | ) | $ | 2,425,399 | $ | (642,388 | ) | $ | 1,783,011 | |||||||||||||
| TA BlackRock Government Money Market Initial Class | 1,571,973 | (3,938,837 | ) | (2,366,864 | ) | 3,928,367 | (3,229,444 | ) | 698,923 | |||||||||||||||||||
| TA BlackRock Government Money Market Service Class | 870,315 | (2,280,751 | ) | (1,410,436 | ) | 1,934,649 | (2,967,147 | ) | (1,032,498 | ) | ||||||||||||||||||
| TA BlackRock iShares Edge 40 Initial Class | 38,961 | (99,061 | ) | (60,100 | ) | 77,926 | (339,502 | ) | (261,576 | ) | ||||||||||||||||||
| TA BlackRock iShares Edge 40 Service Class | 8,689 | (42,037 | ) | (33,348 | ) | 6,651 | (51,294 | ) | (44,643 | ) | ||||||||||||||||||
| TA BlackRock Real Estate Securities Initial Class | 76,364 | (97,796 | ) | (21,432 | ) | 106,135 | (132,829 | ) | (26,694 | ) | ||||||||||||||||||
| TA BlackRock Real Estate Securities Service Class | 8,061 | (4,550 | ) | 3,511 | 5,339 | (39,348 | ) | (34,009 | ) | |||||||||||||||||||
| TA International Focus Initial Class | 21,653 | (78,896 | ) | (57,243 | ) | 28,700 | (401,429 | ) | (372,729 | ) | ||||||||||||||||||
| TA International Focus Service Class | 163 | (1,791 | ) | (1,628 | ) | 3,030 | (35,656 | ) | (32,626 | ) | ||||||||||||||||||
| TA Janus Mid-Cap Growth Initial Class | 49,538 | (561,775 | ) | (512,237 | ) | 239,731 | (1,054,042 | ) | (814,311 | ) | ||||||||||||||||||
| TA Janus Mid-Cap Growth Service Class | 36,502 | (300,926 | ) | (264,424 | ) | 8,762 | (28,968 | ) | (20,206 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class | 629,046 | (1,104,018 | ) | (474,972 | ) | 1,057,559 | (1,861,304 | ) | (803,745 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Service Class | 61,928 | (3,750,135 | ) | (3,688,207 | ) | 164,649 | (3,399,948 | ) | (3,235,299 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Initial Class | 13,994 | (1,223,165 | ) | (1,209,171 | ) | 51,902 | (1,983,914 | ) | (1,932,012 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Service Class | 145,961 | (1,182,823 | ) | (1,036,862 | ) | 216,722 | (1,307,018 | ) | (1,090,296 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class | 83,093 | (1,818,688 | ) | (1,735,595 | ) | 662,715 | (3,827,917 | ) | (3,165,202 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Service Class | 847,671 | (7,052,960 | ) | (6,205,289 | ) | 521,444 | (7,199,859 | ) | (6,678,415 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class | 219,640 | (2,567,260 | ) | (2,347,620 | ) | 372,997 | (3,155,994 | ) | (2,782,997 | ) | ||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class | 316,143 | (14,315,593 | ) | (13,999,450 | ) | 1,395,939 | (14,337,525 | ) | (12,941,586 | ) | ||||||||||||||||||
| TA JPMorgan Enhanced Index Initial Class | 655,112 | (1,270,675 | ) | (615,563 | ) | 694,591 | (1,555,237 | ) | (860,646 | ) | ||||||||||||||||||
| TA JPMorgan Enhanced Index Service Class | 200,000 | (23,114 | ) | 176,886 | - | (78,793 | ) | (78,793 | ) | |||||||||||||||||||
| TA JPMorgan International Moderate Growth Initial Class | 674 | (11,474 | ) | (10,800 | ) | 74,663 | (50,154 | ) | 24,509 | |||||||||||||||||||
| TA JPMorgan International Moderate Growth Service Class | 33,232 | (948,079 | ) | (914,847 | ) | 64,521 | (1,098,398 | ) | (1,033,877 | ) | ||||||||||||||||||
| TA JPMorgan Mid Cap Value Initial Class | 57,530 | (156,721 | ) | (99,191 | ) | 73,053 | (186,419 | ) | (113,366 | ) | ||||||||||||||||||
| TA JPMorgan Tactical Allocation Initial Class | 4,918 | (55,845 | ) | (50,927 | ) | 2,914 | (74,811 | ) | (71,897 | ) | ||||||||||||||||||
| TA JPMorgan Tactical Allocation Service Class | 20,447 | (125,694 | ) | (105,247 | ) | 31,916 | (151,016 | ) | (119,100 | ) | ||||||||||||||||||
| TA Multi-Managed Balanced Initial Class | 3,710 | (330,247 | ) | (326,537 | ) | 174,442 | (644,777 | ) | (470,335 | ) | ||||||||||||||||||
80
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
4. Change in Unit Dollars (continued)
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |||||||||||||||||||||||||||
| Subaccount | Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
Units Purchased in Dollars |
Units Redeemed and Transferred to/from in Dollars |
Dollar Net Increase (Decrease) |
||||||||||||||||||||||
| TA Multi-Managed Balanced Service Class | $ | 480,359 | $ | (1,826,904 | ) | $ | (1,346,545 | ) | $ | 194,781 | $ | (4,058,192 | ) | $ | (3,863,411 | ) | ||||||||||||
| TA Small/Mid Cap Value Initial Class | 19,006 | (205,047 | ) | (186,041 | ) | 11,692 | (231,873 | ) | (220,181 | ) | ||||||||||||||||||
| TA T. Rowe Price Small Cap Initial Class | 137,535 | (563,779 | ) | (426,244 | ) | 31,087 | (302,008 | ) | (270,921 | ) | ||||||||||||||||||
| TA T. Rowe Price Small Cap Service Class | 41,918 | (13,951 | ) | 27,967 | 163,678 | (19,258 | ) | 144,420 | ||||||||||||||||||||
| TA TS&W International Equity Initial Class | 176,379 | (183,935 | ) | (7,556 | ) | 114,533 | (209,771 | ) | (95,238 | ) | ||||||||||||||||||
| TA TS&W International Equity Service Class | 79,368 | (56,860 | ) | 22,508 | 19,326 | (64,835 | ) | (45,509 | ) | |||||||||||||||||||
| TA WMC US Growth Initial Class | 7,300,416 | (2,816,008 | ) | 4,484,408 | 444,371 | (3,173,729 | ) | (2,729,358 | ) | |||||||||||||||||||
| TA WMC US Growth Service Class | 1,213,085 | (1,195,122 | ) | 17,963 | 341,094 | (701,319 | ) | (360,225 | ) | |||||||||||||||||||
| Wanger Acorn | 35,091 | (324,336 | ) | (289,245 | ) | 143,569 | (209,787 | ) | (66,218 | ) | ||||||||||||||||||
81
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights
The Separate Account offers various death benefit options, which have differing fees that are charged against the contract owner’s account balance. These charges are discussed in more detail in the individual’s policy. Differences in the fee structures for these units result in different unit values, expense ratios, and total returns.
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
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| AB Large Cap Growth Class B Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 755,403 | $6.55 | to | $24.30 | $ | 2,656,726 | - | % | 0.85 | % | to | 2.95 | % | 33.66 | % | to | 30.94 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 803,298 | 4.90 | to | 18.56 | 2,132,627 | - | 0.85 | to | 2.95 | (29.29 | ) | to | (30.73 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 853,726 | 6.94 | to | 26.79 | 3,263,647 | - | 0.85 | to | 2.95 | 27.57 | to | 24.97 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,030,747 | 5.44 | to | 21.44 | 3,107,239 | - | 0.85 | to | 2.95 | 34.01 | to | 31.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,100,717 | 4.06 | to | 16.33 | 2,492,984 | - | 0.85 | to | 2.95 | 33.23 | to | 30.51 | ||||||||||||||||||||||||||||||||||||||||||||
| AB Relative Value Class B Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 668,414 | 3.78 | to | 3.23 | 2,067,196 | 1.41 | 0.85 | to | 2.95 | 10.78 | to | 8.53 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 776,247 | 3.41 | to | 2.98 | 2,158,785 | 1.08 | 0.85 | to | 2.95 | (5.22 | ) | to | (7.15 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 860,559 | 3.60 | to | 3.21 | 2,506,746 | 0.69 | 0.85 | to | 2.95 | 26.76 | to | 24.18 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,111,247 | 2.84 | to | 2.58 | 2,594,359 | 1.34 | 0.85 | to | 2.95 | 1.61 | to | (0.46 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,094,403 | 2.80 | to | 2.60 | 2,533,706 | 1.00 | 0.85 | to | 2.95 | 22.57 | to | 20.07 | ||||||||||||||||||||||||||||||||||||||||||||
| AB Sustainable Global Thematic Growth Class B Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 493,958 | 3.77 | to | 19.01 | 788,692 | 0.03 | 1.05 | to | 2.65 | 14.50 | to | 12.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 513,388 | 3.29 | to | 16.86 | 724,909 | - | 1.05 | to | 2.65 | (27.92 | ) | to | (29.05 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 594,713 | 4.56 | to | 23.77 | 1,135,084 | - | 1.05 | to | 2.65 | 21.30 | to | 19.41 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 642,848 | 3.76 | to | 19.90 | 1,039,738 | 0.45 | 1.05 | to | 2.65 | 37.64 | to | 35.49 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 692,982 | 2.73 | to | 14.69 | 811,760 | 0.16 | 1.05 | to | 2.65 | 28.43 | to | 26.43 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 211,450 | 5.15 | to | 3.00 | 1,153,057 | - | 1.25 | to | 2.50 | 31.85 | to | 30.25 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 229,861 | 3.91 | to | 2.30 | 945,784 | - | 1.25 | to | 2.50 | (37.82 | ) | to | (38.58 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 268,199 | 6.29 | to | 3.75 | 1,750,141 | - | 1.25 | to | 2.50 | 13.85 | to | 12.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 325,936 | 5.52 | to | 3.34 | 1,870,182 | - | 1.25 | to | 2.50 | 41.64 | to | 39.91 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 370,534 | 3.90 | to | 2.38 | 1,491,632 | - | 1.25 | to | 2.50 | 35.70 | to | 34.04 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 29,899 | 7.37 | to | 21.13 | 202,783 | - | 1.05 | to | 2.50 | 31.79 | to | 29.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 32,634 | 5.59 | to | 16.27 | 168,817 | - | 1.05 | to | 2.50 | (37.85 | ) | to | (38.73 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 41,559 | 9.00 | to | 26.55 | 346,827 | - | 1.05 | to | 2.50 | 13.78 | to | 12.17 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 43,543 | 7.91 | to | 23.67 | 320,710 | - | 1.05 | to | 2.50 | 41.70 | to | 39.70 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 45,640 | 5.58 | to | 16.94 | 238,228 | - | 1.05 | to | 2.50 | 35.62 | to | 33.70 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT International Equity Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 222,217 | 2.33 | to | 1.45 | 458,652 | 1.74 | 1.25 | to | 2.50 | 14.38 | to | 12.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 238,136 | 2.04 | to | 1.29 | 431,686 | 4.18 | 1.25 | to | 2.50 | (12.57 | ) | to | (13.64 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 285,726 | 2.33 | to | 1.49 | 593,155 | 1.41 | 1.25 | to | 2.50 | 6.06 | to | 4.77 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 327,454 | 2.20 | to | 1.42 | 642,815 | 2.96 | 1.25 | to | 2.50 | 3.59 | to | 2.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 360,720 | 2.12 | to | 1.39 | 685,741 | 4.19 | 1.25 | to | 2.50 | 14.08 | to | 12.68 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT International Equity Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 10,371 | 2.56 | to | 11.40 | 25,035 | 1.47 | 1.05 | to | 2.50 | 14.36 | to | 12.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 12,114 | 2.24 | to | 10.11 | 25,519 | 3.45 | 1.05 | to | 2.50 | (12.80 | ) | to | (14.03 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 14,914 | 2.57 | to | 11.77 | 36,173 | 1.08 | 1.05 | to | 2.50 | 5.76 | to | 4.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 15,596 | 2.43 | to | 11.28 | 35,853 | 2.61 | 1.05 | to | 2.50 | 3.84 | to | 2.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 26,007 | 2.34 | to | 11.02 | 57,959 | 3.74 | 1.05 | to | 2.50 | 14.29 | to | 12.67 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Opportunity Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 403,660 | 3.75 | to | 3.23 | 1,470,104 | - | 1.25 | to | 2.50 | 25.27 | to | 23.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 449,435 | 3.00 | to | 2.61 | 1,310,221 | - | 1.25 | to | 2.50 | (21.59 | ) | to | (22.54 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 491,012 | 3.82 | to | 3.37 | 1,830,364 | 0.25 | 1.25 | to | 2.50 | 23.52 | to | 22.02 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 570,935 | 3.09 | to | 2.76 | 1,727,970 | 0.71 | 1.25 | to | 2.50 | 19.83 | to | 18.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 631,247 | 2.58 | to | 2.33 | 1,598,532 | 0.56 | 1.25 | to | 2.50 | 30.18 | to | 28.60 | ||||||||||||||||||||||||||||||||||||||||||||
82
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Opportunity Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 24,318 | $3.73 | to | $18.36 | $ | 85,865 | - | % | 1.05 | % | to | 2.50 | % | 25.19 | % | to | 23.42 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 33,129 | 2.98 | to | 14.88 | 94,309 | - | 1.05 | to | 2.50 | (21.63 | ) | to | (22.74 | ) | ||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2021 | 36,202 | 3.80 | to | 19.26 | 132,082 | 0.04 | 1.05 | to | 2.50 | 23.48 | to | 21.74 | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 38,127 | 3.08 | to | 15.82 | 113,104 | 0.43 | 1.05 | to | 2.50 | 19.75 | to | 18.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 41,732 | 2.57 | to | 13.40 | 103,795 | 0.21 | 1.05 | to | 2.50 | 30.10 | to | 28.26 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Small Cap Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 231,134 | 3.29 | to | 2.13 | 711,673 | - | 1.25 | to | 2.50 | 3.07 | to | 1.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 409,118 | 3.19 | to | 2.09 | 1,237,821 | - | 1.25 | to | 2.50 | (35.11 | ) | to | (35.90 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 468,202 | 4.92 | to | 3.26 | 2,186,457 | - | 1.25 | to | 2.50 | 6.60 | to | 5.30 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 502,137 | 4.62 | to | 3.10 | 2,200,830 | - | 1.25 | to | 2.50 | 56.15 | to | 54.24 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 533,305 | 2.96 | to | 2.01 | 1,497,167 | - | 1.25 | to | 2.50 | 23.76 | to | 22.25 | ||||||||||||||||||||||||||||||||||||||||||||
| Allspring VT Small Cap Growth Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 33,311 | 3.14 | to | 15.31 | 101,202 | - | 1.05 | to | 2.50 | 3.03 | to | 1.57 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 34,631 | 3.05 | to | 15.08 | 102,402 | - | 1.05 | to | 2.50 | (35.10 | ) | to | (36.02 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 36,379 | 4.69 | to | 23.57 | 166,191 | - | 1.05 | to | 2.50 | 6.52 | to | 5.01 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 39,390 | 4.41 | to | 22.44 | 169,560 | - | 1.05 | to | 2.50 | 56.15 | to | 53.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 43,343 | 2.82 | to | 14.58 | 119,814 | - | 1.05 | to | 2.50 | 23.53 | to | 21.78 | ||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon Stock Index Initial Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 359,005 | 5.15 | to | 4.30 | 1,808,774 | 1.43 | 1.25 | to | 2.50 | 24.38 | to | 22.87 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 370,487 | 4.14 | to | 3.50 | 1,501,151 | 1.33 | 1.25 | to | 2.50 | (19.32 | ) | to | (20.31 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 397,057 | 5.13 | to | 4.39 | 1,994,787 | 1.13 | 1.25 | to | 2.50 | 26.83 | to | 25.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 476,795 | 4.05 | to | 3.50 | 1,893,906 | 1.58 | 1.25 | to | 2.50 | 16.55 | to | 15.13 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 503,367 | 3.47 | to | 3.04 | 1,715,912 | 1.67 | 1.25 | to | 2.50 | 29.56 | to | 27.98 | ||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon Stock Index Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 6,513 | 4.58 | to | 3.49 | 22,726 | 1.15 | 1.25 | to | 2.50 | 24.06 | to | 22.55 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 7,193 | 3.69 | to | 2.85 | 20,479 | 1.10 | 1.25 | to | 2.50 | (19.53 | ) | to | (20.51 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 6,286 | 4.59 | to | 3.58 | 22,515 | 0.81 | 1.25 | to | 2.50 | 26.54 | to | 24.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 6,700 | 3.63 | to | 2.87 | 19,199 | 1.31 | 1.25 | to | 2.50 | 16.26 | to | 14.84 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 7,217 | 3.12 | to | 2.50 | 18,009 | 1.45 | 1.25 | to | 2.50 | 29.23 | to | 27.65 | ||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon Sustainable U.S. Equity Initial Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 95,675 | 2.36 | to | 18.35 | 225,405 | 0.73 | 1.40 | to | 2.65 | 22.12 | to | 20.64 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 99,304 | 1.93 | to | 15.21 | 191,582 | 0.52 | 1.40 | to | 2.65 | (23.94 | ) | to | (24.86 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 90,555 | 2.54 | to | 20.24 | 229,679 | 0.76 | 1.40 | to | 2.65 | 25.24 | to | 23.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 97,939 | 2.03 | to | 16.36 | 198,340 | 1.29 | 1.40 | to | 2.65 | 22.43 | to | 20.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 160,241 | 1.65 | to | 13.53 | 265,056 | 1.43 | 1.40 | to | 2.65 | 32.50 | to | 30.89 | ||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon VIF Appreciation Initial Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 405,541 | 5.28 | to | 20.77 | 2,139,486 | 0.71 | 1.40 | to | 2.65 | 19.30 | to | 17.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 433,645 | 4.42 | to | 17.62 | 1,917,574 | 0.66 | 1.40 | to | 2.65 | (19.19 | ) | to | (20.18 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 475,862 | 5.47 | to | 22.07 | 2,604,111 | 0.44 | 1.40 | to | 2.65 | 25.38 | to | 23.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 512,061 | 4.36 | to | 17.82 | 2,233,121 | 0.79 | 1.40 | to | 2.65 | 21.98 | to | 20.50 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 542,656 | 3.58 | to | 14.79 | 1,940,214 | 1.16 | 1.40 | to | 2.65 | 34.22 | to | 32.58 | ||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon VIF Government Money Market |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 689,481 | 1.12 | to | 0.73 | 746,426 | 4.50 | 1.25 | to | 2.50 | 3.31 | to | 2.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 784,593 | 1.08 | to | 0.72 | 824,876 | 1.23 | 1.25 | to | 2.50 | 0.02 | to | (1.20 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 849,145 | 1.08 | to | 0.73 | 893,513 | 0.01 | 1.25 | to | 2.50 | (1.23 | ) | to | (2.43 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,013,958 | 1.09 | to | 0.75 | 1,079,879 | 0.22 | 1.25 | to | 2.50 | (1.03 | ) | to | (2.23 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,045,167 | 1.10 | to | 0.76 | 1,125,470 | 1.63 | 1.25 | to | 2.50 | 0.41 | to | (0.82 | ) | |||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon VIF Growth and Income Initial Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 224,999 | 4.67 | to | 20.45 | 1,051,659 | 0.66 | 1.40 | to | 2.65 | 24.94 | to | 23.43 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 232,577 | 3.74 | to | 16.56 | 870,067 | 0.79 | 1.40 | to | 2.65 | (15.99 | ) | to | (17.01 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 250,827 | 4.45 | to | 19.96 | 1,116,956 | 0.47 | 1.40 | to | 2.65 | 23.90 | to | 22.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 286,523 | 3.59 | to | 16.31 | 1,029,826 | 0.77 | 1.40 | to | 2.65 | 22.91 | to | 21.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 286,292 | 2.92 | to | 13.43 | 837,177 | 1.07 | 1.40 | to | 2.65 | 27.34 | to | 25.79 | ||||||||||||||||||||||||||||||||||||||||||||
83
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BNY Mellon VIF Opportunistic Small Cap Initial Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 461,149 | $2.78 | to | $12.77 | $ | 1,285,220 | 0.34 | % | 1.40 | % | to | 2.65 | % | 7.78 | % | to | 6.47 | % | ||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 493,145 | 2.58 | to | 12.00 | 1,275,298 | - | 1.40 | to | 2.65 | (17.77 | ) | to | (18.77 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 532,421 | 3.14 | to | 14.77 | 1,674,329 | 0.11 | 1.40 | to | 2.65 | 14.85 | to | 13.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 555,874 | 2.73 | to | 13.02 | 1,522,102 | 0.65 | 1.40 | to | 2.65 | 18.24 | to | 16.80 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 579,485 | 2.31 | to | 11.15 | 1,342,003 | - | 1.40 | to | 2.65 | 20.10 | to | 18.63 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Dividend Opportunity Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 323,782 | 2.39 | to | 14.88 | 790,279 | - | 1.05 | to | 2.50 | 4.00 | to | 2.53 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 345,561 | 2.30 | to | 14.51 | 816,353 | - | 1.05 | to | 2.50 | (2.14 | ) | to | (3.52 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 364,669 | 2.35 | to | 15.04 | 892,198 | - | 1.05 | to | 2.50 | 24.85 | to | 23.09 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 384,921 | 1.88 | to | 12.22 | 759,645 | - | 1.05 | to | 2.50 | 0.10 | to | (1.32 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 466,297 | 1.88 | to | 12.38 | 916,739 | - | 1.05 | to | 2.50 | 22.78 | to | 21.04 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Income Opportunity Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 865,367 | 1.38 | to | 1.18 | 1,148,887 | 5.16 | 1.05 | to | 2.50 | 10.40 | to | 8.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 898,151 | 1.25 | to | 1.09 | 1,084,860 | 5.35 | 1.05 | to | 2.50 | (10.95 | ) | to | (12.20 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 958,319 | 1.40 | to | 1.24 | 1,303,953 | 9.15 | 1.05 | to | 2.50 | 3.41 | to | 1.95 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,025,977 | 1.35 | to | 1.21 | 1,354,605 | 4.78 | 1.05 | to | 2.50 | 4.80 | to | 3.31 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,142,646 | 1.29 | to | 1.17 | 1,444,680 | 5.12 | 1.05 | to | 2.50 | 15.26 | to | 13.63 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Large Cap Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,458,038 | 2.75 | to | 2.47 | 3,896,627 | - | 1.05 | to | 2.50 | 41.68 | to | 39.69 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,614,269 | 1.94 | to | 1.77 | 3,057,565 | - | 1.05 | to | 2.50 | (32.10 | ) | to | (33.06 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,659,549 | 2.86 | to | 2.64 | 4,648,354 | - | 1.05 | to | 2.50 | 27.39 | to | 25.59 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,910,999 | 2.25 | to | 2.10 | 4,217,777 | - | 1.05 | to | 2.50 | 33.34 | to | 31.45 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,227,860 | 1.68 | to | 1.60 | 3,702,606 | - | 1.05 | to | 2.50 | 34.49 | to | 32.59 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Overseas Core Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 933,025 | 1.38 | to | 1.24 | 1,244,861 | 1.70 | 1.05 | to | 2.50 | 14.13 | to | 12.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,011,551 | 1.21 | to | 1.10 | 1,187,323 | 0.77 | 1.05 | to | 2.50 | (15.79 | ) | to | (16.97 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,037,491 | 1.43 | to | 1.32 | 1,460,494 | 1.10 | 1.05 | to | 2.50 | 8.60 | to | 7.07 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,149,888 | 1.32 | to | 1.24 | 1,495,377 | 1.45 | 1.05 | to | 2.50 | 7.69 | to | 6.17 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,377,826 | 1.23 | to | 1.16 | 1,669,865 | 1.82 | 1.05 | to | 2.50 | 23.85 | to | 22.10 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Select Mid Cap Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 428,743 | 2.72 | to | 2.34 | 1,118,978 | - | 1.05 | to | 2.50 | 23.94 | to | 22.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 453,707 | 2.19 | to | 1.91 | 958,786 | - | 1.05 | to | 2.50 | (31.55 | ) | to | (32.52 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 470,769 | 3.21 | to | 2.83 | 1,458,449 | - | 1.05 | to | 2.50 | 15.36 | to | 13.73 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 492,115 | 2.78 | to | 2.49 | 1,326,684 | - | 1.05 | to | 2.50 | 34.02 | to | 32.12 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 574,882 | 2.07 | to | 1.89 | 1,161,640 | - | 1.05 | to | 2.50 | 33.78 | to | 31.88 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Select Mid Cap Value Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 76,674 | 2.68 | to | 15.24 | 209,417 | - | 1.05 | to | 2.50 | 9.16 | to | 7.62 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 77,928 | 2.46 | to | 14.16 | 196,886 | - | 1.05 | to | 2.50 | (10.38 | ) | to | (11.64 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 93,830 | 2.74 | to | 16.02 | 272,455 | - | 1.05 | to | 2.50 | 30.95 | to | 29.10 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 125,461 | 2.10 | to | 12.41 | 274,450 | - | 1.05 | to | 2.50 | 6.36 | to | 4.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 143,411 | 1.97 | to | 11.84 | 273,365 | - | 1.05 | to | 2.50 | 30.26 | to | 28.42 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Small Cap Value Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 181,410 | 6.29 | to | 1.80 | 825,906 | 0.76 | 1.05 | to | 2.50 | 20.68 | to | 18.98 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 208,127 | 5.21 | to | 1.52 | 783,539 | 0.74 | 1.05 | to | 2.50 | (9.64 | ) | to | (10.92 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 234,137 | 5.77 | to | 1.70 | 971,018 | 0.67 | 1.05 | to | 2.50 | 27.85 | to | 26.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 266,687 | 4.51 | to | 1.35 | 860,898 | 0.62 | 1.05 | to | 2.50 | 7.67 | to | 6.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 283,132 | 4.19 | to | 1.27 | 854,251 | 0.55 | 1.05 | to | 2.50 | 20.08 | to | 18.38 | ||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Small Company Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 5,265 | 3.44 | to | 20.13 | 23,046 | - | 1.05 | to | 2.50 | 25.32 | to | 23.55 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 5,904 | 2.74 | to | 16.29 | 20,616 | - | 1.05 | to | 2.50 | (36.43 | ) | to | (37.33 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 6,640 | 4.31 | to | 26.00 | 38,281 | - | 1.05 | to | 2.50 | (3.91 | ) | to | (5.27 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 8,738 | 4.49 | to | 27.45 | 49,961 | - | 1.05 | to | 2.50 | 69.35 | to | 66.96 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 8,785 | 2.65 | to | 16.44 | 30,196 | - | 1.05 | to | 2.50 | 39.23 | to | 37.27 | ||||||||||||||||||||||||||||||||||||||||||||
84
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Columbia - Strategic Income Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 262,678 | $2.28 | to | $10.41 | $ | 542,053 | 3.53 | % | 1.05 | % | to | 2.50 | % | 8.54 | % | to | 7.01 | % | ||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 274,217 | 2.10 | to | 9.72 | 522,656 | 2.90 | 1.05 | to | 2.50 | (12.29 | ) | to | (13.53 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 330,561 | 2.39 | to | 11.25 | 731,576 | 5.44 | 1.05 | to | 2.50 | 1.03 | to | (0.40 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 355,811 | 2.37 | to | 11.29 | 780,640 | 3.57 | 1.05 | to | 2.50 | 5.71 | to | 4.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 391,289 | 2.24 | to | 10.84 | 798,329 | 3.80 | 1.05 | to | 2.50 | 9.23 | to | 7.68 | ||||||||||||||||||||||||||||||||||||||||||||
| CTIVP® - Principal Blue Chip Growth Class 1 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,292,445 | 2.62 | to | 2.35 | 3,313,989 | - | 1.05 | to | 2.50 | 38.09 | to | 36.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,364,830 | 1.90 | to | 1.73 | 2,541,607 | - | 1.05 | to | 2.50 | (28.75 | ) | to | (29.76 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,460,926 | 2.67 | to | 2.46 | 3,828,722 | - | 1.05 | to | 2.50 | 17.34 | to | 15.68 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,613,885 | 2.27 | to | 2.13 | 3,615,329 | - | 1.05 | to | 2.50 | 30.56 | to | 28.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,866,355 | 1.74 | to | 1.65 | 3,216,635 | - | 1.05 | to | 2.50 | 30.39 | to | 28.54 | ||||||||||||||||||||||||||||||||||||||||||||
| Davis Value |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 854,400 | 4.48 | to | 2.85 | 2,796,569 | 1.33 | 1.05 | to | 2.50 | 31.26 | to | 29.41 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,050,834 | 3.41 | to | 2.20 | 2,656,898 | 1.21 | 1.05 | to | 2.50 | (20.96 | ) | to | (22.08 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,165,845 | 4.31 | to | 2.83 | 3,746,669 | 0.57 | 1.05 | to | 2.50 | 16.63 | to | 14.98 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,332,711 | 3.70 | to | 2.46 | 3,663,319 | 0.70 | 1.05 | to | 2.50 | 10.56 | to | 9.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,686,111 | 3.35 | to | 2.26 | 4,164,271 | 1.59 | 1.05 | to | 2.50 | 29.80 | to | 27.97 | ||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Government Money II Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 2,485,803 | 1.03 | to | 9.10 | 2,388,332 | 4.42 | 1.05 | to | 2.65 | 3.44 | to | 1.83 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 3,287,841 | 1.00 | to | 8.94 | 3,053,007 | 1.12 | 1.05 | to | 2.65 | 0.11 | to | (1.45 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 3,621,544 | 1.00 | to | 9.07 | 3,370,633 | - | 1.05 | to | 2.65 | (1.04 | ) | to | (2.58 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 4,306,880 | 1.01 | to | 9.31 | 4,065,950 | 0.17 | 1.05 | to | 2.65 | (0.84 | ) | to | (2.38 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 3,362,394 | 1.02 | to | 9.54 | 3,209,828 | 1.62 | 1.05 | to | 2.65 | 0.59 | to | (0.98 | ) | |||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes High Income Bond II Primary Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 573,437 | 2.92 | to | 10.90 | 1,580,801 | 5.86 | 1.05 | to | 2.65 | 11.55 | to | 9.81 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 633,339 | 2.62 | to | 9.93 | 1,570,874 | 5.37 | 1.05 | to | 2.65 | (12.69 | ) | to | (14.05 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 651,983 | 3.00 | to | 11.55 | 1,857,360 | 4.97 | 1.05 | to | 2.65 | 3.76 | to | 2.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 781,213 | 2.89 | to | 11.31 | 2,154,255 | 5.90 | 1.05 | to | 2.65 | 4.49 | to | 2.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 815,281 | 2.77 | to | 10.99 | 2,158,062 | 6.14 | 1.05 | to | 2.65 | 13.35 | to | 11.59 | ||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Kaufmann II Primary Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 303,755 | 5.59 | to | 2.88 | 1,473,569 | - | 1.05 | to | 2.50 | 14.04 | to | 12.43 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 321,466 | 4.90 | to | 2.56 | 1,370,323 | - | 1.05 | to | 2.50 | (30.82 | ) | to | (31.80 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 356,018 | 7.08 | to | 3.75 | 2,206,386 | - | 1.05 | to | 2.50 | 1.44 | to | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 390,085 | 6.98 | to | 3.75 | 2,393,507 | - | 1.05 | to | 2.50 | 27.46 | to | 25.65 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 435,250 | 5.48 | to | 2.99 | 2,112,262 | - | 1.05 | to | 2.50 | 32.43 | to | 30.56 | ||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Kaufmann II Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 257,104 | 3.89 | to | 15.31 | 964,856 | - | 1.05 | to | 2.50 | 13.67 | to | 12.07 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 363,781 | 3.43 | to | 13.66 | 1,203,603 | - | 1.05 | to | 2.50 | (30.98 | ) | to | (31.96 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 380,725 | 4.96 | to | 20.08 | 1,827,772 | - | 1.05 | to | 2.50 | 1.20 | to | (0.23 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 428,890 | 4.90 | to | 20.13 | 2,037,342 | - | 1.05 | to | 2.50 | 27.15 | to | 25.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 529,623 | 3.86 | to | 16.06 | 1,983,324 | - | 1.05 | to | 2.50 | 32.13 | to | 30.26 | ||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Managed Volatility II Primary Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 323,306 | 2.08 | to | 12.05 | 692,707 | 1.91 | 1.05 | to | 2.65 | 7.56 | to | 5.88 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 342,609 | 1.93 | to | 11.38 | 680,126 | 1.87 | 1.05 | to | 2.65 | (14.65 | ) | to | (15.98 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 354,525 | 2.26 | to | 13.54 | 826,804 | 1.79 | 1.05 | to | 2.65 | 17.28 | to | 15.45 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 402,180 | 1.93 | to | 11.73 | 797,437 | 2.61 | 1.05 | to | 2.65 | (0.12 | ) | to | (1.67 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 454,035 | 1.93 | to | 11.93 | 899,649 | 2.09 | 1.05 | to | 2.65 | 18.98 | to | 17.12 | ||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Managed Volatility II Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 236,394 | 1.16 | to | 10.74 | 271,735 | 1.59 | 1.05 | to | 2.50 | 7.21 | to | 5.70 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 274,187 | 1.08 | to | 10.17 | 294,392 | - | 1.05 | to | 2.50 | (14.89 | ) | to | (16.09 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 304,573 | 1.27 | to | 12.11 | 384,868 | 1.57 | 1.05 | to | 2.50 | 17.03 | to | 15.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 326,762 | 1.09 | to | 10.50 | 353,494 | 2.04 | 1.05 | to | 2.50 | (0.34 | ) | to | (1.75 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 367,141 | 1.09 | to | 10.69 | 399,188 | 2.10 | 1.05 | to | 2.50 | 18.67 | to | 16.99 | ||||||||||||||||||||||||||||||||||||||||||||
85
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Federated Hermes Quality Bond II Primary Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 57,922 | $1.62 | to | $9.76 | $ | 95,228 | 2.63 | % | 1.05 | % | to | 2.50 | % | 5.04 | % | to | 3.55 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 59,349 | 1.54 | to | 9.43 | 93,215 | 2.83 | 1.05 | to | 2.50 | (10.22 | ) | to | (11.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2021 | 95,476 | 1.72 | to | 10.65 | 166,733 | 2.61 | 1.05 | to | 2.50 | (2.42 | ) | to | (3.80 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 126,380 | 1.76 | to | 11.07 | 225,676 | 2.76 | 1.05 | to | 2.50 | 7.00 | to | 5.48 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 153,263 | 1.65 | to | 10.49 | 259,100 | 2.91 | 1.05 | to | 2.50 | 8.31 | to | 6.77 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Asset Manager Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 261,096 | 2.51 | to | 1.30 | 841,818 | 2.18 | 1.15 | to | 3.85 | 11.66 | to | 8.77 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 319,012 | 2.25 | to | 1.19 | 924,565 | 2.10 | 1.15 | to | 3.85 | (15.90 | ) | to | (18.09 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 337,969 | 2.67 | to | 1.46 | 1,171,414 | 1.54 | 1.15 | to | 3.85 | 8.67 | to | 5.84 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 383,693 | 2.46 | to | 1.37 | 1,226,885 | 1.52 | 1.15 | to | 3.85 | 13.56 | to | 10.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 398,343 | 2.17 | to | 1.24 | 1,123,600 | 1.74 | 1.15 | to | 3.85 | 16.90 | to | 13.87 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Asset Manager: Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 129,678 | 2.50 | to | 1.28 | 455,607 | 1.73 | 1.15 | to | 3.85 | 15.05 | to | 12.07 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 145,555 | 2.17 | to | 1.14 | 445,515 | 1.83 | 1.15 | to | 3.85 | (17.82 | ) | to | (19.96 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 149,185 | 2.64 | to | 1.43 | 556,420 | 1.35 | 1.15 | to | 3.85 | 12.67 | to | 9.74 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 184,456 | 2.35 | to | 1.30 | 611,843 | 1.05 | 1.15 | to | 3.85 | 15.93 | to | 12.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 212,161 | 2.02 | to | 1.15 | 607,887 | 1.48 | 1.15 | to | 3.85 | 21.43 | to | 18.27 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Balanced Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 450,089 | 3.61 | to | 1.95 | 2,109,889 | 1.64 | 1.15 | to | 3.85 | 20.15 | to | 17.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 544,302 | 3.01 | to | 1.66 | 2,126,544 | 1.22 | 1.15 | to | 3.85 | (18.87 | ) | to | (20.98 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 634,822 | 3.71 | to | 2.11 | 3,057,938 | 0.90 | 1.15 | to | 3.85 | 16.92 | to | 13.88 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 754,599 | 3.17 | to | 1.85 | 3,111,589 | 1.43 | 1.15 | to | 3.85 | 21.00 | to | 17.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 876,239 | 2.62 | to | 1.57 | 2,990,760 | 1.70 | 1.15 | to | 3.85 | 23.09 | to | 19.89 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Balanced Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 88,824 | 3.76 | to | 2.86 | 290,938 | 1.51 | 1.25 | to | 2.50 | 19.74 | to | 18.29 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 116,123 | 3.14 | to | 2.42 | 316,845 | 1.04 | 1.25 | to | 2.50 | (19.20 | ) | to | (20.18 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 120,245 | 3.89 | to | 3.03 | 406,677 | 0.68 | 1.25 | to | 2.50 | 16.54 | to | 15.11 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 156,039 | 3.34 | to | 2.64 | 453,094 | 1.27 | 1.25 | to | 2.50 | 20.62 | to | 19.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 159,130 | 2.77 | to | 2.21 | 383,438 | 1.57 | 1.25 | to | 2.50 | 22.58 | to | 21.09 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Contrafund® Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 884,013 | 6.15 | to | 3.17 | 8,566,992 | 0.49 | 1.15 | to | 3.85 | 31.94 | to | 28.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 981,297 | 4.66 | to | 2.46 | 7,222,451 | 0.49 | 1.15 | to | 3.85 | (27.15 | ) | to | (29.04 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,114,031 | 6.40 | to | 3.47 | 11,244,241 | 0.06 | 1.15 | to | 3.85 | 26.38 | to | 23.10 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,163,986 | 5.06 | to | 2.82 | 9,313,072 | 0.25 | 1.15 | to | 3.85 | 29.08 | to | 25.73 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,333,975 | 3.92 | to | 2.24 | 8,277,004 | 0.45 | 1.15 | to | 3.85 | 30.08 | to | 26.70 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Contrafund® Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,977,082 | 5.67 | to | 3.14 | 8,839,127 | 0.26 | 0.85 | to | 2.95 | 32.00 | to | 29.32 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,046,414 | 4.29 | to | 2.43 | 7,009,316 | 0.26 | 0.85 | to | 2.95 | (27.11 | ) | to | (28.59 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,266,767 | 5.89 | to | 3.40 | 10,713,245 | 0.03 | 0.85 | to | 2.95 | 26.44 | to | 23.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,611,959 | 4.66 | to | 2.74 | 9,880,113 | 0.08 | 0.85 | to | 2.95 | 29.14 | to | 26.50 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 3,168,296 | 3.61 | to | 2.17 | 9,447,744 | 0.21 | 0.85 | to | 2.95 | 30.17 | to | 27.51 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Equity-Income Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 664,959 | 3.55 | to | 1.94 | 3,344,616 | 1.89 | 1.15 | to | 3.85 | 9.39 | to | 6.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 717,168 | 3.24 | to | 1.82 | 3,305,286 | 1.80 | 1.15 | to | 3.85 | (6.04 | ) | to | (8.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 813,250 | 3.45 | to | 1.99 | 4,020,258 | 1.86 | 1.15 | to | 3.85 | 23.47 | to | 20.27 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 897,970 | 2.80 | to | 1.65 | 3,599,767 | 1.80 | 1.15 | to | 3.85 | 5.48 | to | 2.74 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 985,169 | 2.65 | to | 1.61 | 3,751,895 | 1.96 | 1.15 | to | 3.85 | 25.99 | to | 22.72 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Equity-Income Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,750,727 | 3.41 | to | 2.44 | 5,655,911 | 1.71 | 0.85 | to | 2.95 | 9.45 | to | 7.22 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,900,631 | 3.12 | to | 2.28 | 5,650,072 | 1.69 | 0.85 | to | 2.95 | (6.04 | ) | to | (7.96 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,068,225 | 3.32 | to | 2.48 | 6,579,146 | 1.62 | 0.85 | to | 2.95 | 23.56 | to | 21.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,303,115 | 2.69 | to | 2.05 | 5,962,177 | 1.59 | 0.85 | to | 2.95 | 5.54 | to | 3.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,630,067 | 2.55 | to | 1.98 | 6,497,564 | 1.77 | 0.85 | to | 2.95 | 26.04 | to | 23.47 | ||||||||||||||||||||||||||||||||||||||||||||
86
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Government Money Market Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 547,969 | $1.19 | to | $0.62 | $ | 688,437 | 4.78 | % | 1.15 | % | to | 3.85 | % | 3.70 | % | to | 1.02 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 646,362 | 1.15 | to | 0.61 | 785,000 | 1.60 | 1.15 | to | 3.85 | 0.29 | to | (2.31 | ) | |||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2021 | 389,779 | 1.14 | to | 0.63 | 470,246 | 0.01 | 1.15 | to | 3.85 | (1.13 | ) | to | (3.70 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 313,256 | 1.16 | to | 0.65 | 380,772 | 0.31 | 1.15 | to | 3.85 | (0.82 | ) | to | (3.40 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 258,222 | 1.16 | to | 0.67 | 319,050 | 1.99 | 1.15 | to | 3.85 | 0.86 | to | (1.77 | ) | |||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Government Money Market Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 192,704 | 1.05 | to | 0.84 | 197,920 | 4.54 | 1.25 | to | 2.50 | 3.35 | to | 2.09 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 211,188 | 1.02 | to | 0.83 | 210,246 | 1.23 | 1.25 | to | 2.50 | 0.02 | to | (1.20 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 232,271 | 1.02 | to | 0.84 | 231,154 | 0.01 | 1.25 | to | 2.50 | (1.23 | ) | to | (2.43 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 286,723 | 1.03 | to | 0.86 | 289,196 | 0.25 | 1.25 | to | 2.50 | (1.00 | ) | to | (2.21 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 304,498 | 1.04 | to | 0.88 | 310,624 | 1.77 | 1.25 | to | 2.50 | 0.51 | to | (0.72 | ) | |||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 767,929 | 5.11 | to | 2.48 | 6,652,419 | 0.13 | 1.15 | to | 3.85 | 34.69 | to | 31.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 860,701 | 3.80 | to | 1.89 | 5,551,816 | 0.62 | 1.15 | to | 3.85 | (25.31 | ) | to | (27.25 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,012,162 | 5.08 | to | 2.60 | 8,722,736 | - | 1.15 | to | 3.85 | 21.81 | to | 18.65 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,141,247 | 4.17 | to | 2.19 | 8,095,914 | 0.08 | 1.15 | to | 3.85 | 42.26 | to | 38.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,288,065 | 2.93 | to | 1.58 | 6,438,278 | 0.26 | 1.15 | to | 3.85 | 32.79 | to | 29.33 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 649,307 | 6.37 | to | 26.16 | 2,728,272 | 0.00 | 0.85 | to | 2.95 | 34.75 | to | 32.01 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 699,165 | 4.73 | to | 19.81 | 2,201,483 | 0.35 | 0.85 | to | 2.95 | (25.28 | ) | to | (26.80 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 730,905 | 6.33 | to | 27.07 | 3,106,013 | - | 0.85 | to | 2.95 | 21.87 | to | 19.38 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 884,798 | 5.19 | to | 22.67 | 3,149,653 | 0.04 | 0.85 | to | 2.95 | 42.34 | to | 39.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 948,442 | 3.65 | to | 16.26 | 2,390,021 | 0.06 | 0.85 | to | 2.95 | 32.85 | to | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth & Income Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 493,135 | 3.81 | to | 1.99 | 2,800,685 | 1.58 | 1.15 | to | 3.85 | 17.37 | to | 14.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 574,476 | 3.25 | to | 1.74 | 2,791,123 | 1.55 | 1.15 | to | 3.85 | (6.03 | ) | to | (8.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 662,390 | 3.46 | to | 1.90 | 3,461,118 | 2.38 | 1.15 | to | 3.85 | 24.52 | to | 21.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 709,886 | 2.78 | to | 1.57 | 2,985,573 | 2.07 | 1.15 | to | 3.85 | 6.62 | to | 3.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 831,427 | 2.60 | to | 1.51 | 3,265,396 | 3.56 | 1.15 | to | 3.85 | 28.57 | to | 25.23 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth & Income Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 113,004 | 4.10 | to | 3.12 | 384,533 | 1.53 | 1.25 | to | 2.50 | 16.91 | to | 15.49 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 111,851 | 3.51 | to | 2.71 | 325,098 | 1.51 | 1.25 | to | 2.50 | (6.34 | ) | to | (7.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 109,674 | 3.75 | to | 2.92 | 341,097 | 2.19 | 1.25 | to | 2.50 | 24.09 | to | 22.58 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 124,426 | 3.02 | to | 2.39 | 312,219 | 1.94 | 1.25 | to | 2.50 | 6.27 | to | 4.97 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 132,087 | 2.84 | to | 2.27 | 312,059 | 3.41 | 1.25 | to | 2.50 | 28.08 | to | 26.52 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 404,787 | 4.97 | to | 2.67 | 2,935,727 | - | 1.15 | to | 3.85 | 44.00 | to | 40.27 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 443,458 | 3.45 | to | 1.90 | 2,240,256 | - | 1.15 | to | 3.85 | (38.85 | ) | to | (40.44 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 487,969 | 5.65 | to | 3.20 | 4,035,230 | - | 1.15 | to | 3.85 | 10.67 | to | 7.79 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 572,924 | 5.10 | to | 2.97 | 4,287,046 | 0.01 | 1.15 | to | 3.85 | 66.74 | to | 62.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 623,329 | 3.06 | to | 1.83 | 2,804,704 | 0.15 | 1.15 | to | 3.85 | 39.24 | to | 35.62 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 257,194 | 7.29 | to | 8.01 | 1,792,181 | - | 1.25 | to | 2.50 | 43.72 | to | 41.98 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 294,454 | 5.07 | to | 5.64 | 1,433,446 | - | 1.25 | to | 2.50 | (38.98 | ) | to | (39.72 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 332,185 | 8.31 | to | 9.36 | 2,660,973 | - | 1.25 | to | 2.50 | 10.45 | to | 9.10 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 358,115 | 7.52 | to | 8.58 | 2,595,903 | 0.01 | 1.25 | to | 2.50 | 66.42 | to | 64.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 381,672 | 4.52 | to | 5.22 | 1,665,433 | 0.05 | 1.25 | to | 2.50 | 38.96 | to | 37.27 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Growth Opportunities Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 130,990 | 8.37 | to | 28.77 | 725,306 | - | 1.05 | to | 2.95 | 43.80 | to | 41.16 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 135,610 | 5.82 | to | 20.38 | 531,929 | - | 1.05 | to | 2.95 | (38.96 | ) | to | (40.08 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 135,133 | 9.54 | to | 34.02 | 872,431 | - | 1.05 | to | 2.95 | 10.51 | to | 8.47 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 157,196 | 8.63 | to | 31.36 | 910,039 | - | 1.05 | to | 2.95 | 66.48 | to | 63.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 156,432 | 5.19 | to | 19.19 | 544,312 | - | 1.05 | to | 2.95 | 39.03 | to | 36.47 | ||||||||||||||||||||||||||||||||||||||||||||
87
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP High Income Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 334,159 | $1.91 | to | $1.04 | $ | 716,695 | 5.22 | % | 1.15 | % | to | 3.85 | % | 9.22 | % | to | 6.39 | % | ||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 402,846 | 1.74 | to | 0.98 | 792,472 | 4.87 | 1.15 | to | 3.85 | (12.38 | ) | to | (14.66 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 441,389 | 1.99 | to | 1.15 | 991,863 | 5.33 | 1.15 | to | 3.85 | 3.22 | to | 0.54 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 452,174 | 1.93 | to | 1.14 | 986,326 | 4.96 | 1.15 | to | 3.85 | 1.58 | to | (1.06 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 494,041 | 1.90 | to | 1.16 | 1,062,657 | 5.09 | 1.15 | to | 3.85 | 13.80 | to | 10.84 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP High Income Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 224,575 | 2.13 | to | 1.11 | 530,126 | 5.50 | 1.25 | to | 2.50 | 9.14 | to | 7.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 253,903 | 1.96 | to | 1.03 | 546,603 | 4.95 | 1.25 | to | 2.50 | (12.65 | ) | to | (13.71 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 272,039 | 2.24 | to | 1.19 | 671,179 | 5.20 | 1.25 | to | 2.50 | 3.21 | to | 1.95 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 285,145 | 2.17 | to | 1.17 | 683,206 | 4.82 | 1.25 | to | 2.50 | 1.38 | to | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 327,736 | 2.14 | to | 1.16 | 775,483 | 5.06 | 1.25 | to | 2.50 | 13.50 | to | 12.12 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP High Income Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 136,467 | 2.41 | to | 1.91 | 271,496 | 5.78 | 1.05 | to | 2.50 | 9.10 | to | 7.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 137,710 | 2.21 | to | 1.77 | 252,623 | 5.01 | 1.05 | to | 2.50 | (12.59 | ) | to | (13.82 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 144,101 | 2.53 | to | 2.06 | 311,982 | 4.77 | 1.05 | to | 2.50 | 3.21 | to | 1.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 178,281 | 2.45 | to | 2.02 | 375,085 | 5.03 | 1.05 | to | 2.50 | 1.36 | to | (0.08 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 199,931 | 2.42 | to | 2.03 | 414,085 | 5.07 | 1.05 | to | 2.50 | 13.58 | to | 11.97 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Index 500 Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 2,498,003 | 4.27 | to | 2.17 | 16,687,219 | 1.44 | 1.15 | to | 3.85 | 24.76 | to | 21.53 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,833,079 | 3.42 | to | 1.79 | 15,282,474 | 1.43 | 1.15 | to | 3.85 | (19.14 | ) | to | (21.24 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 3,275,382 | 4.23 | to | 2.27 | 21,929,910 | 1.23 | 1.15 | to | 3.85 | 27.12 | to | 23.81 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 3,653,206 | 3.33 | to | 1.83 | 19,306,303 | 1.71 | 1.15 | to | 3.85 | 16.90 | to | 13.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 4,123,013 | 2.85 | to | 1.61 | 18,849,710 | 1.94 | 1.15 | to | 3.85 | 29.86 | to | 26.48 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Index 500 Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 282,957 | 5.87 | to | 19.53 | 1,546,030 | 1.26 | 1.05 | to | 2.50 | 24.58 | to | 22.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 301,695 | 4.72 | to | 15.90 | 1,328,885 | 1.20 | 1.05 | to | 2.50 | (19.26 | ) | to | (20.41 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 351,361 | 5.84 | to | 19.98 | 1,917,332 | 1.00 | 1.05 | to | 2.50 | 26.93 | to | 25.13 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 391,546 | 4.60 | to | 15.97 | 1,675,421 | 1.59 | 1.05 | to | 2.50 | 16.72 | to | 15.07 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 419,336 | 3.94 | to | 13.88 | 1,510,946 | 1.75 | 1.05 | to | 2.50 | 29.66 | to | 27.83 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,515,785 | 2.09 | to | 1.10 | 3,000,628 | 2.38 | 1.15 | to | 3.85 | 5.00 | to | 2.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,768,730 | 1.99 | to | 1.08 | 3,412,185 | 2.04 | 1.15 | to | 3.85 | (13.95 | ) | to | (16.18 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,138,193 | 2.31 | to | 1.29 | 4,832,216 | 2.00 | 1.15 | to | 3.85 | (1.74 | ) | to | (4.29 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,308,297 | 2.35 | to | 1.35 | 5,312,162 | 2.23 | 1.15 | to | 3.85 | 8.15 | to | 5.34 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,269,741 | 2.17 | to | 1.28 | 4,841,624 | 2.71 | 1.15 | to | 3.85 | 8.42 | to | 5.60 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Investment Grade Bond Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 270,109 | 1.54 | to | 1.13 | 474,010 | 2.42 | 1.05 | to | 2.50 | 4.90 | to | 3.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 316,788 | 1.47 | to | 1.09 | 526,705 | 1.92 | 1.05 | to | 2.50 | (14.11 | ) | to | (15.33 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 380,060 | 1.71 | to | 1.29 | 726,071 | 1.62 | 1.05 | to | 2.50 | (1.93 | ) | to | (3.31 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 550,770 | 1.75 | to | 1.33 | 1,085,174 | 2.01 | 1.05 | to | 2.50 | 8.03 | to | 6.50 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 569,833 | 1.62 | to | 1.25 | 1,034,246 | 2.45 | 1.05 | to | 2.50 | 8.27 | to | 6.74 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Mid Cap Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 338,220 | 10.91 | to | 5.12 | 3,381,581 | 0.58 | 1.15 | to | 3.85 | 13.77 | to | 10.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 375,251 | 9.59 | to | 4.62 | 3,306,760 | 0.48 | 1.15 | to | 3.85 | (15.71 | ) | to | (17.90 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 426,831 | 11.38 | to | 5.63 | 4,488,248 | 0.60 | 1.15 | to | 3.85 | 24.17 | to | 20.95 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 468,960 | 9.17 | to | 4.65 | 3,982,775 | 0.65 | 1.15 | to | 3.85 | 16.85 | to | 13.81 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 538,377 | 7.84 | to | 4.09 | 3,924,465 | 0.84 | 1.15 | to | 3.85 | 22.04 | to | 18.87 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Mid Cap Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,111,190 | 5.09 | to | 14.69 | 5,991,910 | 0.36 | 0.85 | to | 2.95 | 13.84 | to | 11.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,356,583 | 4.47 | to | 13.17 | 6,425,794 | 0.26 | 0.85 | to | 2.95 | (15.68 | ) | to | (17.40 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,490,531 | 5.30 | to | 15.95 | 8,427,986 | 0.34 | 0.85 | to | 2.95 | 24.25 | to | 21.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,698,979 | 4.27 | to | 13.10 | 7,763,743 | 0.40 | 0.85 | to | 2.95 | 16.87 | to | 14.49 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,033,172 | 3.65 | to | 11.45 | 7,920,904 | 0.67 | 0.85 | to | 2.95 | 22.13 | to | 19.64 | ||||||||||||||||||||||||||||||||||||||||||||
88
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Overseas Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 258,115 | $2.43 | to | $1.11 | $ | 753,200 | 0.99 | % | 1.15 | % | to | 3.85 | % | 19.14 | % | to | 16.05 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 287,903 | 2.04 | to | 0.96 | 707,295 | 1.02 | 1.15 | to | 3.85 | (25.34 | ) | to | (27.28 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 322,445 | 2.74 | to | 1.31 | 1,062,900 | 0.52 | 1.15 | to | 3.85 | 18.34 | to | 15.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 385,501 | 2.31 | to | 1.14 | 1,079,014 | 0.43 | 1.15 | to | 3.85 | 14.30 | to | 11.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 446,174 | 2.02 | to | 1.02 | 1,093,671 | 1.67 | 1.15 | to | 3.85 | 26.31 | to | 23.03 | ||||||||||||||||||||||||||||||||||||||||||||
| Fidelity® VIP Value Strategies Service Class 2 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 539,893 | 4.16 | to | 17.09 | 2,347,203 | 0.88 | 0.85 | to | 2.95 | 19.59 | to | 17.16 | ||||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 572,044 | 3.48 | to | 14.59 | 2,103,084 | 0.81 | 0.85 | to | 2.95 | (8.13 | ) | to | (10.00 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 703,899 | 3.79 | to | 16.21 | 2,835,036 | 1.19 | 0.85 | to | 2.95 | 32.22 | to | 29.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 780,513 | 2.87 | to | 12.52 | 2,385,117 | 1.07 | 0.85 | to | 2.95 | 7.11 | to | 4.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 835,936 | 2.68 | to | 11.93 | 2,337,705 | 1.41 | 0.85 | to | 2.95 | 32.97 | to | 30.26 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Income Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 66,659 | 1.96 | to | 12.35 | 126,885 | 4.66 | 0.85 | to | 2.50 | 7.71 | to | 5.98 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 110,769 | 1.82 | to | 11.66 | 193,573 | 4.86 | 0.85 | to | 2.50 | (6.27 | ) | to | (7.77 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 139,763 | 1.94 | to | 12.64 | 261,989 | 4.82 | 0.85 | to | 2.50 | 15.77 | to | 13.91 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 167,085 | 1.68 | to | 11.10 | 272,189 | 5.68 | 0.85 | to | 2.50 | (0.15 | ) | to | (1.76 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 281,616 | 1.68 | to | 11.30 | 462,372 | 5.23 | 0.85 | to | 2.50 | 15.08 | to | 13.23 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Mutual Shares Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,139,210 | 1.83 | to | 1.95 | 3,172,048 | 1.88 | 0.85 | to | 2.50 | 12.51 | to | 10.70 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,230,622 | 1.63 | to | 1.76 | 3,061,053 | 1.83 | 0.85 | to | 2.50 | (8.21 | ) | to | (9.69 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,321,564 | 1.77 | to | 1.95 | 3,593,839 | 2.87 | 0.85 | to | 2.50 | 18.16 | to | 16.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,430,921 | 1.50 | to | 1.68 | 3,282,029 | 2.80 | 0.85 | to | 2.50 | (5.84 | ) | to | (7.36 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,696,673 | 1.60 | to | 1.81 | 4,047,997 | 1.81 | 0.85 | to | 2.50 | 21.54 | to | 19.58 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Rising Dividends Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 273,585 | 5.45 | to | 2.09 | 1,374,245 | 0.92 | 1.05 | to | 2.50 | 10.91 | to | 9.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 327,518 | 4.91 | to | 1.92 | 1,486,960 | 0.80 | 1.05 | to | 2.50 | (11.50 | ) | to | (12.75 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 357,083 | 5.55 | to | 2.20 | 1,834,689 | 0.88 | 1.05 | to | 2.50 | 25.47 | to | 23.70 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 404,714 | 4.43 | to | 1.77 | 1,665,475 | 1.25 | 1.05 | to | 2.50 | 14.77 | to | 13.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 469,134 | 3.86 | to | 1.57 | 1,689,882 | 1.25 | 1.05 | to | 2.50 | 27.89 | to | 26.08 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Small Cap Value Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 184,222 | 5.62 | to | 2.51 | 970,321 | 0.53 | 1.05 | to | 2.50 | 11.58 | to | 10.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 205,973 | 5.03 | to | 2.28 | 974,498 | 1.00 | 1.05 | to | 2.50 | (11.00 | ) | to | (12.25 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 235,538 | 5.66 | to | 2.60 | 1,212,722 | 1.03 | 1.05 | to | 2.50 | 24.06 | to | 22.31 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 267,391 | 4.56 | to | 2.12 | 1,115,906 | 1.50 | 1.05 | to | 2.50 | 4.10 | to | 2.62 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 295,894 | 4.38 | to | 2.07 | 1,187,197 | 1.06 | 1.05 | to | 2.50 | 25.03 | to | 23.27 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Small-Mid Cap Growth Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 897,516 | 5.48 | to | 2.35 | 3,689,397 | - | 1.05 | to | 2.50 | 25.42 | to | 23.66 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,141,536 | 4.37 | to | 1.90 | 3,745,863 | - | 1.05 | to | 2.50 | (34.38 | ) | to | (35.31 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,311,374 | 6.66 | to | 2.93 | 6,582,401 | - | 1.05 | to | 2.50 | 8.87 | to | 7.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,405,658 | 6.12 | to | 2.73 | 6,514,633 | - | 1.05 | to | 2.50 | 53.48 | to | 51.31 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,528,437 | 3.99 | to | 1.81 | 4,642,049 | - | 1.05 | to | 2.50 | 30.07 | to | 28.23 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Templeton Developing Markets Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 176,276 | 3.51 | to | 0.88 | 449,197 | 2.09 | 1.05 | to | 2.50 | 11.46 | to | 9.88 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 187,614 | 3.15 | to | 0.80 | 428,804 | 2.68 | 1.05 | to | 2.50 | (22.79 | ) | to | (23.88 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 190,135 | 4.08 | to | 1.05 | 542,392 | 0.88 | 1.05 | to | 2.50 | (6.72 | ) | to | (8.04 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 231,904 | 4.38 | to | 1.14 | 725,043 | 4.16 | 1.05 | to | 2.50 | 15.97 | to | 14.32 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 264,884 | 3.78 | to | 1.00 | 711,705 | 0.98 | 1.05 | to | 2.50 | 25.38 | to | 23.61 | ||||||||||||||||||||||||||||||||||||||||||||
| Franklin Templeton Foreign Class 2 Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 876,962 | 1.23 | to | 1.40 | 1,564,172 | 3.22 | 0.85 | to | 2.50 | 19.74 | to | 17.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 958,106 | 1.02 | to | 1.19 | 1,440,927 | 3.07 | 0.85 | to | 2.50 | (8.38 | ) | to | (9.86 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,069,041 | 1.12 | to | 1.32 | 1,750,482 | 1.86 | 0.85 | to | 2.50 | 3.28 | to | 1.62 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,149,294 | 1.08 | to | 1.30 | 1,835,791 | 3.36 | 0.85 | to | 2.50 | (1.99 | ) | to | (3.57 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,309,467 | 1.10 | to | 1.35 | 2,110,596 | 1.73 | 0.85 | to | 2.50 | 11.58 | to | 9.78 | ||||||||||||||||||||||||||||||||||||||||||||
89
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. American Franchise Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 626,010 | $3.57 | to | $21.29 | $ | 2,201,123 | - | % | 1.25 | % | to | 2.65 | % | 39.19 | % | to | 37.30 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 685,336 | 2.57 | to | 15.50 | 1,733,972 | - | 1.25 | to | 2.65 | (31.96 | ) | to | (32.89 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 722,186 | 3.77 | to | 23.10 | 2,689,036 | - | 1.25 | to | 2.65 | 10.54 | to | 9.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 832,703 | 3.41 | to | 21.19 | 2,808,198 | 0.07 | 1.25 | to | 2.65 | 40.60 | to | 38.68 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 890,512 | 2.43 | to | 15.28 | 2,138,458 | - | 1.25 | to | 2.65 | 35.07 | to | 33.23 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. American Franchise Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 87,068 | 3.63 | to | 2.91 | 298,755 | - | 0.85 | to | 2.95 | 39.42 | to | 36.58 | ||||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 89,854 | 2.61 | to | 2.13 | 222,180 | - | 0.85 | to | 2.95 | (31.87 | ) | to | (33.26 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 95,040 | 3.83 | to | 3.19 | 346,446 | - | 0.85 | to | 2.95 | 10.71 | to | 8.45 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 102,683 | 3.46 | to | 2.94 | 339,743 | - | 0.85 | to | 2.95 | 40.80 | to | 37.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 104,851 | 2.45 | to | 2.13 | 247,605 | - | 0.85 | to | 2.95 | 35.28 | to | 32.52 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. American Value Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 78,960 | 11.58 | to | 10.96 | 906,471 | 0.40 | 0.85 | to | 2.95 | 14.32 | to | 12.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 80,427 | 10.13 | to | 9.79 | 810,172 | 0.42 | 0.85 | to | 2.95 | (3.68 | ) | to | (5.64 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | (1) | 26,888 | 10.52 | to | 10.37 | 281,743 | 0.23 | 0.85 | to | 2.95 | - | to | - | |||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Capital Appreciation Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,477,335 | 5.71 | to | 3.49 | 7,412,188 | - | 1.25 | to | 2.50 | 33.71 | to | 32.09 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,707,136 | 4.27 | to | 2.64 | 6,303,114 | - | 1.25 | to | 2.50 | (31.64 | ) | to | (32.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,879,970 | 6.25 | to | 3.91 | 10,120,569 | - | 1.25 | to | 2.50 | 21.06 | to | 19.58 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,975,867 | 5.16 | to | 3.27 | 8,801,772 | - | 1.25 | to | 2.50 | 34.90 | to | 33.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,213,543 | 3.83 | to | 2.45 | 7,376,755 | 0.06 | 1.25 | to | 2.50 | 34.51 | to | 32.87 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Capital Appreciation Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 131,151 | 4.96 | to | 2.94 | 533,828 | - | 1.05 | to | 2.50 | 33.63 | to | 31.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 148,930 | 3.71 | to | 2.23 | 453,755 | - | 1.05 | to | 2.50 | (31.68 | ) | to | (32.65 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 155,307 | 5.44 | to | 3.31 | 701,382 | - | 1.05 | to | 2.50 | 21.01 | to | 19.30 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 161,726 | 4.49 | to | 2.77 | 607,337 | - | 1.05 | to | 2.50 | 34.82 | to | 32.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 170,741 | 3.33 | to | 2.09 | 479,185 | - | 1.05 | to | 2.50 | 34.43 | to | 32.53 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Comstock Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 281,476 | 3.77 | to | 15.77 | 1,037,741 | 1.53 | 1.05 | to | 2.50 | 10.93 | to | 9.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 353,012 | 3.40 | to | 14.42 | 1,172,087 | 1.32 | 1.05 | to | 2.50 | (0.20 | ) | to | (1.61 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 413,483 | 3.41 | to | 14.65 | 1,377,726 | 1.60 | 1.05 | to | 2.50 | 31.66 | to | 29.80 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 468,663 | 2.59 | to | 11.29 | 1,187,878 | 2.21 | 1.05 | to | 2.50 | (2.12 | ) | to | (3.50 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 480,970 | 2.65 | to | 11.70 | 1,246,506 | 1.73 | 1.05 | to | 2.50 | 23.64 | to | 21.89 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Conservative Balanced Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 514,734 | 2.31 | to | 1.36 | 1,050,972 | 1.89 | 1.25 | to | 2.50 | 11.22 | to | 9.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 542,158 | 2.08 | to | 1.23 | 1,002,952 | 1.36 | 1.25 | to | 2.50 | (17.88 | ) | to | (18.88 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 571,933 | 2.53 | to | 1.52 | 1,291,850 | 1.47 | 1.25 | to | 2.50 | 9.27 | to | 7.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 609,432 | 2.32 | to | 1.41 | 1,257,369 | 2.02 | 1.25 | to | 2.50 | 13.44 | to | 12.06 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 676,299 | 2.04 | to | 1.26 | 1,231,702 | 2.32 | 1.25 | to | 2.50 | 16.06 | to | 14.65 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Conservative Balanced Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 9,162 | 1.99 | to | 11.95 | 17,347 | 1.63 | 1.05 | to | 2.50 | 11.14 | to | 9.58 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 12,290 | 1.79 | to | 10.90 | 20,788 | 0.94 | 1.05 | to | 2.50 | (17.88 | ) | to | (19.04 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 21,149 | 2.18 | to | 13.47 | 43,203 | 1.05 | 1.05 | to | 2.50 | 9.15 | to | 7.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 37,303 | 2.00 | to | 12.52 | 70,562 | 1.86 | 1.05 | to | 2.50 | 13.40 | to | 11.79 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 35,256 | 1.76 | to | 11.19 | 58,275 | 2.08 | 1.05 | to | 2.50 | 16.00 | to | 14.36 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Core Equity Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,810,276 | 3.81 | to | 15.56 | 6,533,843 | 0.73 | 1.25 | to | 2.65 | 21.85 | to | 20.19 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,995,217 | 3.12 | to | 12.94 | 5,918,494 | 0.92 | 1.25 | to | 2.65 | (21.53 | ) | to | (22.60 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,172,426 | 3.98 | to | 16.72 | 8,214,309 | 0.65 | 1.25 | to | 2.65 | 26.16 | to | 24.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,350,359 | 3.16 | to | 13.44 | 7,051,151 | 1.31 | 1.25 | to | 2.65 | 12.44 | to | 10.91 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,784,250 | 2.81 | to | 12.12 | 7,431,685 | 0.95 | 1.25 | to | 2.65 | 27.37 | to | 25.64 | ||||||||||||||||||||||||||||||||||||||||||||
90
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Core Equity Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 334,953 | $4.14 | to | $1.59 | $ | 969,008 | 0.47 | % | 1.05 | % | to | 2.50 | % | 21.81 | % | to | 20.09 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 394,731 | 3.40 | to | 1.33 | 956,066 | 0.62 | 1.05 | to | 2.50 | (21.58 | ) | to | (22.68 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 437,969 | 4.34 | to | 1.72 | 1,355,162 | 0.45 | 1.05 | to | 2.50 | 26.06 | to | 24.27 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 458,625 | 3.44 | to | 1.38 | 1,130,533 | 1.09 | 1.05 | to | 2.50 | 12.39 | to | 10.80 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 483,596 | 3.06 | to | 1.25 | 1,070,527 | 0.17 | 1.05 | to | 2.50 | 27.33 | to | 25.53 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 9,117 | 13.29 | to | 12.62 | 120,289 | - | 1.05 | to | 2.50 | 11.68 | to | 10.11 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 11,405 | 11.90 | to | 11.46 | 135,022 | - | 1.05 | to | 2.50 | (31.85 | ) | to | (32.81 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 12,651 | 17.47 | to | 17.05 | 220,214 | - | 1.05 | to | 2.50 | 17.56 | to | 15.89 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | (1) | 14,221 | 14.86 | to | 14.72 | 211,012 | - | 1.05 | to | 2.50 | - | to | - | |||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Equity and Income Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 785,533 | 3.15 | to | 13.16 | 2,403,495 | 1.60 | 1.05 | to | 2.50 | 9.10 | to | 7.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 985,918 | 2.89 | to | 12.24 | 2,779,221 | 1.42 | 1.05 | to | 2.50 | (8.67 | ) | to | (9.96 | ) | ||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2021 | 1,073,730 | 3.16 | to | 13.59 | 3,283,159 | 1.62 | 1.05 | to | 2.50 | 17.12 | to | 15.47 | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,209,040 | 2.70 | to | 11.77 | 3,155,403 | 2.14 | 1.05 | to | 2.50 | 8.51 | to | 6.98 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,416,405 | 2.49 | to | 11.00 | 3,414,566 | 2.24 | 1.05 | to | 2.50 | 18.76 | to | 17.08 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. EQV International Equity Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 144,988 | 2.88 | to | 1.41 | 386,147 | 0.20 | 1.25 | to | 2.50 | 16.69 | to | 15.27 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 156,518 | 2.47 | to | 1.23 | 357,207 | 1.71 | 1.25 | to | 2.50 | (19.31 | ) | to | (20.30 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 172,888 | 3.06 | to | 1.54 | 480,432 | 1.19 | 1.25 | to | 2.50 | 4.58 | to | 3.31 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 200,333 | 2.92 | to | 1.49 | 535,246 | 2.35 | 1.25 | to | 2.50 | 12.59 | to | 11.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 218,918 | 2.60 | to | 1.34 | 517,943 | 1.54 | 1.25 | to | 2.50 | 26.99 | to | 25.44 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. EQV International Equity Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 15,545 | 3.80 | to | 12.99 | 57,394 | - | 1.05 | to | 2.50 | 16.65 | to | 15.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 16,411 | 3.26 | to | 11.30 | 52,009 | 1.41 | 1.05 | to | 2.50 | (19.35 | ) | to | (20.49 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 17,283 | 4.04 | to | 14.21 | 68,001 | 1.02 | 1.05 | to | 2.50 | 4.51 | to | 3.03 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 19,855 | 3.86 | to | 13.79 | 75,021 | 2.20 | 1.05 | to | 2.50 | 12.56 | to | 10.97 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 21,826 | 3.43 | to | 12.43 | 73,419 | 1.30 | 1.05 | to | 2.50 | 26.91 | to | 25.11 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Global Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 314,374 | 7.58 | to | 2.07 | 1,999,259 | 0.23 | 1.25 | to | 2.50 | 33.08 | to | 31.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 330,234 | 5.70 | to | 1.57 | 1,572,394 | - | 1.25 | to | 2.50 | (32.61 | ) | to | (33.43 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 327,482 | 8.45 | to | 2.36 | 2,417,890 | - | 1.25 | to | 2.50 | 14.06 | to | 12.67 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 390,100 | 7.41 | to | 2.10 | 2,557,208 | 0.68 | 1.25 | to | 2.50 | 26.06 | to | 24.53 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 432,190 | 5.88 | to | 1.68 | 2,250,996 | 0.91 | 1.25 | to | 2.50 | 30.16 | to | 28.57 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Global Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 8,731 | 5.78 | to | 3.55 | 35,986 | - | 1.05 | to | 2.50 | 33.05 | to | 31.18 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 8,894 | 4.34 | to | 2.71 | 27,649 | - | 1.05 | to | 2.50 | (32.64 | ) | to | (33.60 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 33,317 | 6.45 | to | 4.08 | 152,132 | - | 1.05 | to | 2.50 | 13.97 | to | 12.36 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 60,718 | 5.66 | to | 3.63 | 243,789 | 0.45 | 1.05 | to | 2.50 | 26.01 | to | 24.23 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 61,046 | 4.49 | to | 2.92 | 195,356 | 0.64 | 1.05 | to | 2.50 | 30.09 | to | 28.25 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Global Strategic Income Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 568,699 | 2.14 | to | 0.95 | 1,145,795 | - | 1.25 | to | 2.50 | 7.54 | to | 6.23 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 629,621 | 1.99 | to | 0.89 | 1,185,217 | - | 1.25 | to | 2.50 | (12.55 | ) | to | (13.62 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 785,372 | 2.27 | to | 1.03 | 1,683,488 | 4.44 | 1.25 | to | 2.50 | (4.61 | ) | to | (5.77 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 900,931 | 2.38 | to | 1.09 | 2,029,532 | 5.80 | 1.25 | to | 2.50 | 2.12 | to | 0.88 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 961,661 | 2.33 | to | 1.08 | 2,114,175 | 3.76 | 1.25 | to | 2.50 | 9.44 | to | 8.10 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Global Strategic Income Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 217,388 | 1.71 | to | 0.90 | 339,519 | - | 1.05 | to | 2.50 | 7.47 | to | 5.96 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 237,393 | 1.60 | to | 0.85 | 345,722 | - | 1.05 | to | 2.50 | (12.63 | ) | to | (13.86 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 316,034 | 1.83 | to | 0.98 | 532,788 | 4.01 | 1.05 | to | 2.50 | (4.56 | ) | to | (5.92 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 377,524 | 1.91 | to | 1.04 | 670,734 | 5.29 | 1.05 | to | 2.50 | 1.92 | to | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 437,527 | 1.88 | to | 1.04 | 765,861 | 3.51 | 1.05 | to | 2.50 | 9.46 | to | 7.91 | ||||||||||||||||||||||||||||||||||||||||||||
91
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Government Securities Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 162,783 | $1.54 | to | $0.95 | $ | 246,268 | 2.04 | % | 1.25 | % | to | 2.50 | % | 3.33 | % | to | 2.08 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 182,030 | 1.49 | to | 0.93 | 265,858 | 1.98 | 1.25 | to | 2.50 | (11.40 | ) | to | (12.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 202,813 | 1.68 | to | 1.07 | 334,788 | 2.01 | 1.25 | to | 2.50 | (3.47 | ) | to | (4.65 | ) | ||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2020 | 272,071 | 1.74 | to | 1.12 | 467,497 | 2.51 | 1.25 | to | 2.50 | 4.96 | to | 3.68 | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 248,357 | 1.66 | to | 1.08 | 405,983 | 2.41 | 1.25 | to | 2.50 | 4.76 | to | 3.49 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Government Securities Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 199,991 | 1.26 | to | 0.86 | 234,243 | 1.80 | 1.05 | to | 2.50 | 3.38 | to | 1.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 211,900 | 1.22 | to | 0.84 | 240,800 | 1.77 | 1.05 | to | 2.50 | (11.51 | ) | to | (12.75 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 218,358 | 1.38 | to | 0.97 | 277,701 | 1.83 | 1.05 | to | 2.50 | (3.45 | ) | to | (4.82 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 338,623 | 1.43 | to | 1.02 | 457,882 | 2.12 | 1.05 | to | 2.50 | 4.87 | to | 3.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 327,757 | 1.36 | to | 0.98 | 420,068 | 2.23 | 1.05 | to | 2.50 | 4.65 | to | 3.17 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Main Street Series I Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 801,419 | 4.57 | to | 2.44 | 3,373,909 | 0.85 | 1.25 | to | 2.50 | 21.70 | to | 20.22 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 877,084 | 3.75 | to | 2.03 | 3,039,963 | 1.37 | 1.25 | to | 2.50 | (21.12 | ) | to | (22.08 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,048,560 | 4.76 | to | 2.60 | 4,616,392 | 0.70 | 1.25 | to | 2.50 | 26.00 | to | 24.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,147,186 | 3.78 | to | 2.09 | 4,008,749 | 1.49 | 1.25 | to | 2.50 | 12.54 | to | 11.16 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,242,450 | 3.36 | to | 1.88 | 3,855,760 | 1.06 | 1.25 | to | 2.50 | 30.45 | to | 28.86 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Main Street Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 128,623 | 4.78 | to | 3.06 | 555,931 | 0.50 | 1.05 | to | 2.50 | 21.56 | to | 19.84 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 133,020 | 3.93 | to | 2.56 | 480,858 | 1.10 | 1.05 | to | 2.50 | (21.14 | ) | to | (22.25 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 141,166 | 4.99 | to | 3.29 | 614,070 | 0.48 | 1.05 | to | 2.50 | 25.91 | to | 24.13 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 183,308 | 3.96 | to | 2.65 | 627,332 | 1.10 | 1.05 | to | 2.50 | 12.51 | to | 10.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 246,016 | 3.52 | to | 2.39 | 711,971 | 0.82 | 1.05 | to | 2.50 | 30.37 | to | 28.52 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Main Street Mid Cap Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 70,768 | 3.92 | to | 13.75 | 229,710 | 0.04 | 1.05 | to | 2.50 | 12.96 | to | 11.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 77,116 | 3.47 | to | 12.35 | 220,481 | 0.07 | 1.05 | to | 2.50 | (15.34 | ) | to | (16.54 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 87,865 | 4.10 | to | 14.80 | 294,844 | 0.24 | 1.05 | to | 2.50 | 21.59 | to | 19.87 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 97,230 | 3.37 | to | 12.34 | 267,747 | 0.49 | 1.05 | to | 2.50 | 7.81 | to | 6.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 106,824 | 3.12 | to | 11.61 | 272,146 | 0.22 | 1.05 | to | 2.50 | 23.74 | to | 21.99 | ||||||||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Main Street Small Cap Series II Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 8,259 | 6.38 | to | 15.33 | 50,016 | 0.94 | 1.05 | to | 2.50 | 16.60 | to | 14.95 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 8,514 | 5.47 | to | 13.33 | 44,839 | 0.24 | 1.05 | to | 2.50 | (16.91 | ) | to | (18.09 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 9,154 | 6.59 | to | 16.28 | 62,522 | 0.17 | 1.05 | to | 2.50 | 20.99 | to | 19.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 13,084 | 5.45 | to | 13.65 | 71,081 | 0.38 | 1.05 | to | 2.50 | 18.39 | to | 16.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 14,810 | 4.60 | to | 11.69 | 57,917 | - | 1.05 | to | 2.50 | 24.82 | to | 23.06 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Balanced Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 841,866 | 3.34 | to | 15.33 | 2,812,541 | 1.80 | 1.40 | to | 2.65 | 13.55 | to | 12.17 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 849,521 | 2.94 | to | 13.66 | 2,499,448 | 1.11 | 1.40 | to | 2.65 | (17.77 | ) | to | (18.77 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 980,576 | 3.58 | to | 16.82 | 3,508,365 | 0.88 | 1.40 | to | 2.65 | 15.30 | to | 13.89 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,081,220 | 3.10 | to | 14.77 | 3,355,254 | 2.12 | 1.40 | to | 2.65 | 12.46 | to | 11.09 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,116,682 | 2.76 | to | 13.29 | 3,081,499 | 1.62 | 1.40 | to | 2.65 | 20.59 | to | 19.12 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Enterprise Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 503,560 | 7.17 | to | 18.79 | 1,339,930 | 0.09 | 0.85 | to | 2.95 | 16.79 | to | 14.41 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 547,352 | 6.14 | to | 16.42 | 1,257,517 | 0.27 | 0.85 | to | 2.95 | (16.86 | ) | to | (18.55 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 582,109 | 7.38 | to | 20.16 | 1,615,499 | 0.24 | 0.85 | to | 2.95 | 15.56 | to | 13.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 660,204 | 6.39 | to | 17.81 | 1,588,283 | 0.04 | 0.85 | to | 2.95 | 18.18 | to | 15.77 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 677,468 | 5.40 | to | 15.38 | 1,390,405 | 0.05 | 0.85 | to | 2.95 | 34.02 | to | 31.28 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Forty Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 51,642 | 4.26 | to | 23.69 | 212,630 | 0.12 | 1.25 | to | 2.50 | 37.94 | to | 36.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 53,934 | 3.09 | to | 17.38 | 161,229 | 0.05 | 1.25 | to | 2.50 | (34.55 | ) | to | (35.34 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 56,597 | 4.72 | to | 26.89 | 258,868 | 0.53 | 1.25 | to | 2.50 | 21.09 | to | 19.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 58,684 | 3.90 | to | 22.48 | 222,002 | 0.62 | 1.25 | to | 2.50 | 37.32 | to | 35.65 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 58,019 | 2.84 | to | 16.57 | 160,071 | 0.02 | 1.25 | to | 2.50 | 35.16 | to | 33.51 | ||||||||||||||||||||||||||||||||||||||||||||
92
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Global Research Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 741,652 | $ | 3.23 | to | $2.60 | $ | 1,286,071 | 0.77 | % | 0.85 | % | to | 2.95 | % | 25.41 | % | to | 22.86 | % | |||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 784,804 | 2.58 | to | 2.11 | 1,100,009 | 1.48 | 0.85 | to | 2.95 | (20.29 | ) | to | (21.91 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 851,473 | 3.23 | to | 2.71 | 1,539,019 | 0.36 | 0.85 | to | 2.95 | 16.80 | to | 14.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 918,568 | 2.77 | to | 2.37 | 1,443,744 | 0.64 | 0.85 | to | 2.95 | 18.75 | to | 16.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 965,909 | 2.33 | to | 2.03 | 1,295,661 | 0.86 | 0.85 | to | 2.95 | 27.63 | to | 25.03 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Mid Cap Value Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 36,971 | 3.13 | to | 12.71 | 109,730 | 0.96 | 1.70 | to | 2.95 | 9.26 | to | 7.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 37,724 | 2.86 | to | 11.77 | 102,502 | 1.16 | 1.70 | to | 2.95 | (7.35 | ) | to | (8.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 37,995 | 3.09 | to | 12.86 | 111,888 | 0.31 | 1.70 | to | 2.95 | 17.43 | to | 16.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 38,658 | 2.63 | to | 11.09 | 96,945 | 1.03 | 1.70 | to | 2.95 | (2.86 | ) | to | (4.04 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 45,864 | 2.71 | to | 11.55 | 118,711 | 1.47 | 1.70 | to | 2.95 | 27.88 | to | 26.32 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Overseas Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 589,999 | 1.77 | to | 15.48 | 1,012,432 | 1.43 | 1.25 | to | 2.65 | 9.22 | to | 7.74 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 618,013 | 1.62 | to | 14.37 | 973,258 | 1.67 | 1.25 | to | 2.65 | (9.96 | ) | to | (11.19 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 697,382 | 1.80 | to | 16.18 | 1,219,531 | 1.02 | 1.25 | to | 2.65 | 11.89 | to | 10.36 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 830,004 | 1.61 | to | 14.66 | 1,297,577 | 1.22 | 1.25 | to | 2.65 | 14.59 | to | 13.03 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 910,863 | 1.40 | to | 12.97 | 1,242,848 | 1.80 | 1.25 | to | 2.65 | 25.14 | to | 23.44 | ||||||||||||||||||||||||||||||||||||||||||||
| Janus Henderson - Research Service Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 322,000 | 2.52 | to | 21.86 | 811,484 | 0.06 | 1.25 | to | 2.65 | 41.05 | to | 39.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 325,474 | 1.79 | to | 15.71 | 582,356 | 0.59 | 1.25 | to | 2.65 | (30.93 | ) | to | (31.87 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 377,570 | 2.59 | to | 23.06 | 979,481 | 0.02 | 1.25 | to | 2.65 | 18.57 | to | 16.95 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 448,283 | 2.18 | to | 19.72 | 982,262 | 0.35 | 1.25 | to | 2.65 | 30.94 | to | 29.16 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 512,471 | 1.67 | to | 15.27 | 858,840 | 0.29 | 1.25 | to | 2.65 | 33.56 | to | 31.73 | ||||||||||||||||||||||||||||||||||||||||||||
| LVIP JPMorgan Core Bond Standard Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | (1) | 1,332,670 | 2.00 | to | 1.27 | 2,068,784 | 1.52 | 1.15 | to | 2.70 | - | to | - | |||||||||||||||||||||||||||||||||||||||||||
| LVIP JPMorgan Mid Cap Value Standard Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | (1) | 206,086 | 6.49 | to | 3.40 | 963,827 | 1.83 | 1.15 | to | 2.70 | - | to | - | |||||||||||||||||||||||||||||||||||||||||||
| LVIP JPMorgan U.S. Equity Standard Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | (1) | 436,955 | 4.58 | to | 3.41 | 1,638,273 | 0.75 | 1.15 | to | 2.70 | - | to | - | |||||||||||||||||||||||||||||||||||||||||||
| MFS® Core Equity Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 13,362 | 2.36 | to | 20.17 | 31,356 | 0.51 | 1.25 | to | 2.50 | 21.63 | to | 20.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 17,958 | 1.94 | to | 16.79 | 34,701 | 0.31 | 1.25 | to | 2.50 | (18.29 | ) | to | (19.29 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 20,763 | 2.37 | to | 20.80 | 49,135 | 0.44 | 1.25 | to | 2.50 | 23.77 | to | 22.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 25,378 | 1.92 | to | 17.01 | 48,500 | 0.73 | 1.25 | to | 2.50 | 17.24 | to | 15.81 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 26,779 | 1.64 | to | 14.69 | 43,677 | 0.82 | 1.25 | to | 2.50 | 31.55 | to | 29.94 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 676,248 | 6.57 | to | 5.59 | 4,369,992 | - | 1.25 | to | 2.50 | 34.19 | to | 32.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 751,005 | 4.90 | to | 4.22 | 3,622,012 | - | 1.25 | to | 2.50 | (32.48 | ) | to | (33.30 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 863,429 | 7.25 | to | 6.32 | 6,026,084 | - | 1.25 | to | 2.50 | 22.01 | to | 20.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 916,662 | 5.94 | to | 5.25 | 5,252,675 | - | 1.25 | to | 2.50 | 30.23 | to | 28.64 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,030,245 | 4.56 | to | 4.08 | 4,541,953 | - | 1.25 | to | 2.50 | 36.44 | to | 34.78 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 160,650 | 8.04 | to | 4.50 | 1,121,680 | - | 1.05 | to | 2.50 | 34.11 | to | 32.22 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 170,066 | 5.99 | to | 3.40 | 887,155 | - | 1.05 | to | 2.50 | (32.51 | ) | to | (33.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 204,802 | 8.88 | to | 5.11 | 1,553,674 | - | 1.05 | to | 2.50 | 21.96 | to | 20.23 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 223,086 | 7.28 | to | 4.25 | 1,383,659 | - | 1.05 | to | 2.50 | 30.17 | to | 28.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 242,083 | 5.59 | to | 3.31 | 1,166,583 | - | 1.05 | to | 2.50 | 36.35 | to | 34.42 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 23,362 | 2.63 | to | 23.32 | 61,095 | 0.30 | 1.25 | to | 2.50 | 22.48 | to | 20.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 24,660 | 2.15 | to | 19.27 | 52,701 | 0.10 | 1.25 | to | 2.50 | (20.25 | ) | to | (21.23 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 26,643 | 2.70 | to | 24.46 | 71,470 | 0.25 | 1.25 | to | 2.50 | 24.42 | to | 22.90 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 31,531 | 2.17 | to | 19.90 | 68,018 | 0.46 | 1.25 | to | 2.50 | 21.01 | to | 19.54 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 34,078 | 1.79 | to | 16.65 | 60,808 | 0.59 | 1.25 | to | 2.50 | 38.22 | to | 36.54 | ||||||||||||||||||||||||||||||||||||||||||||
93
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
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| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
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|
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|
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| MFS® Massachusetts Investors Growth Stock Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 445,752 | $ | 2.62 | to | $ | 22.75 | $ | 1,180,406 | 0.05 | % | 1.05 | % | to | 2.50 | % | 22.42 | % | to | 20.70 | % | ||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 539,758 | 2.14 | to | 18.85 | 1,168,490 | - | 1.05 | to | 2.50 | (20.28 | ) | to | (21.41 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 597,332 | 2.69 | to | 23.99 | 1,584,017 | 0.03 | 1.05 | to | 2.50 | 24.35 | to | 22.59 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 652,057 | 2.16 | to | 19.57 | 1,392,846 | 0.22 | 1.05 | to | 2.50 | 20.93 | to | 19.22 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 728,140 | 1.79 | to | 16.41 | 1,288,726 | 0.34 | 1.05 | to | 2.50 | 38.14 | to | 36.18 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® New Discovery Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 102,367 | 3.20 | to | 17.53 | 322,661 | - | 1.25 | to | 2.50 | 13.00 | to | 11.63 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 118,461 | 2.83 | to | 15.70 | 330,511 | - | 1.25 | to | 2.50 | (30.62 | ) | to | (31.47 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 127,318 | 4.08 | to | 22.91 | 512,267 | - | 1.25 | to | 2.50 | 0.54 | to | (0.68 | ) | |||||||||||||||||||||||||||||||||||||||||||
|
|
12/31/2020 | 140,010 | 4.06 | to | 23.07 | 560,558 | - | 1.25 | to | 2.50 | 44.09 | to | 42.33 | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 147,880 | 2.82 | to | 16.21 | 411,372 | - | 1.25 | to | 2.50 | 39.95 | to | 38.25 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® New Discovery Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 74,206 | 4.56 | to | 2.49 | 352,595 | - | 0.85 | to | 2.95 | 13.29 | to | 10.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 79,865 | 4.03 | to | 2.24 | 336,618 | - | 0.85 | to | 2.95 | (30.58 | ) | to | (32.00 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 83,447 | 5.80 | to | 3.30 | 507,625 | - | 0.85 | to | 2.95 | 0.72 | to | (1.34 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 92,106 | 5.76 | to | 3.34 | 556,712 | - | 0.85 | to | 2.95 | 44.36 | to | 41.42 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 140,213 | 3.99 | to | 2.36 | 530,995 | - | 0.85 | to | 2.95 | 40.08 | to | 37.23 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Research Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 318,458 | 5.07 | to | 3.63 | 1,525,586 | 0.51 | 1.25 | to | 2.50 | 20.91 | to | 19.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 352,813 | 4.19 | to | 3.04 | 1,399,965 | 0.48 | 1.25 | to | 2.50 | (18.23 | ) | to | (19.23 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 394,909 | 5.12 | to | 3.76 | 1,921,111 | 0.55 | 1.25 | to | 2.50 | 23.26 | to | 21.76 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 406,530 | 4.16 | to | 3.09 | 1,607,678 | 0.73 | 1.25 | to | 2.50 | 15.15 | to | 13.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 478,532 | 3.61 | to | 2.71 | 1,635,246 | 0.77 | 1.25 | to | 2.50 | 31.31 | to | 29.70 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Research Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 197,674 | 5.97 | to | 3.55 | 1,017,632 | 0.25 | 1.05 | to | 2.50 | 20.86 | to | 19.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 237,385 | 4.94 | to | 2.98 | 1,026,032 | 0.19 | 1.05 | to | 2.50 | (18.29 | ) | to | (19.44 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 257,596 | 6.05 | to | 3.70 | 1,373,686 | 0.34 | 1.05 | to | 2.50 | 23.22 | to | 21.48 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 274,686 | 4.91 | to | 3.05 | 1,196,105 | 0.53 | 1.05 | to | 2.50 | 15.11 | to | 13.48 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 309,669 | 4.26 | to | 2.68 | 1,179,944 | 0.60 | 1.05 | to | 2.50 | 31.23 | to | 29.37 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Total Return Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,718,906 | 3.57 | to | 1.89 | 5,442,973 | 2.02 | 1.25 | to | 2.50 | 9.08 | to | 7.76 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,863,455 | 3.27 | to | 1.76 | 5,437,865 | 1.71 | 1.25 | to | 2.50 | (10.70 | ) | to | (11.78 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,094,586 | 3.67 | to | 1.99 | 6,839,712 | 1.76 | 1.25 | to | 2.50 | 12.71 | to | 11.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,367,619 | 3.25 | to | 1.79 | 6,909,626 | 2.28 | 1.25 | to | 2.50 | 8.46 | to | 7.13 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,702,162 | 3.00 | to | 1.67 | 7,189,649 | 2.32 | 1.25 | to | 2.50 | 18.90 | to | 17.45 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Total Return Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 859,313 | 2.73 | to | 12.75 | 2,178,390 | 1.82 | 0.85 | to | 2.95 | 9.29 | to | 7.07 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,066,076 | 2.50 | to | 11.91 | 2,474,803 | 1.47 | 0.85 | to | 2.95 | (10.60 | ) | to | (12.42 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,155,385 | 2.79 | to | 13.60 | 3,017,668 | 1.52 | 0.85 | to | 2.95 | 12.88 | to | 10.57 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,423,025 | 2.47 | to | 12.30 | 3,290,810 | 2.06 | 0.85 | to | 2.95 | 8.59 | to | 6.38 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,675,188 | 2.28 | to | 11.56 | 3,601,713 | 2.13 | 0.85 | to | 2.95 | 19.10 | to | 16.68 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Total Return Bond Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 66,982 | 2.02 | to | 9.58 | 131,807 | 3.17 | 1.25 | to | 2.50 | 6.06 | to | 4.77 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 70,879 | 1.90 | to | 9.14 | 131,543 | 2.80 | 1.25 | to | 2.50 | (15.00 | ) | to | (16.03 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 76,986 | 2.24 | to | 10.89 | 168,229 | 2.65 | 1.25 | to | 2.50 | (2.04 | ) | to | (3.23 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 82,275 | 2.28 | to | 11.25 | 183,706 | 3.48 | 1.25 | to | 2.50 | 7.13 | to | 5.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 86,808 | 2.13 | to | 10.63 | 181,157 | 3.37 | 1.25 | to | 2.50 | 8.85 | to | 7.52 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Total Return Bond Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 571,806 | 1.54 | to | 9.34 | 853,259 | 2.98 | 1.05 | to | 2.50 | 6.02 | to | 4.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 693,933 | 1.45 | to | 8.94 | 977,753 | 2.49 | 1.05 | to | 2.50 | (15.07 | ) | to | (16.27 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 776,692 | 1.71 | to | 10.67 | 1,289,630 | 2.54 | 1.05 | to | 2.50 | (2.10 | ) | to | (3.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 782,390 | 1.74 | to | 11.06 | 1,327,192 | 3.18 | 1.05 | to | 2.50 | 7.05 | to | 5.54 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 904,420 | 1.63 | to | 10.48 | 1,435,077 | 3.13 | 1.05 | to | 2.50 | 8.78 | to | 7.24 | ||||||||||||||||||||||||||||||||||||||||||||
94
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
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|
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| MFS® Utilities Initial Class |
|
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| 12/31/2023 | 767,093 | $ | 5.86 | to | $2.74 | $ | 4,292,583 | 3.50 | % | 1.25 | % | to | 2.50 | % | (3.31 | ) % | to | (4.49 | ) % | |||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 855,275 | 6.07 | to | 2.87 | 4,958,025 | 2.40 | 1.25 | to | 2.50 | (0.49 | ) | to | (1.70 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 952,964 | 6.10 | to | 2.92 | 5,558,397 | 1.73 | 1.25 | to | 2.50 | 12.68 | to | 11.31 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,007,675 | 5.41 | to | 2.63 | 5,228,628 | 2.47 | 1.25 | to | 2.50 | 4.59 | to | 3.32 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,178,897 | 5.17 | to | 2.54 | 5,863,795 | 4.00 | 1.25 | to | 2.50 | 23.52 | to | 22.02 | ||||||||||||||||||||||||||||||||||||||||||||
| MFS® Utilities Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 121,898 | 6.23 | to | 3.63 | 735,373 | 3.22 | 1.05 | to | 2.50 | (3.34 | ) | to | (4.71 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 140,849 | 6.45 | to | 3.81 | 881,600 | 2.23 | 1.05 | to | 2.50 | (0.56 | ) | to | (1.97 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 158,963 | 6.48 | to | 3.88 | 1,010,804 | 1.53 | 1.05 | to | 2.50 | 12.64 | to | 11.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 184,273 | 5.75 | to | 3.50 | 1,055,479 | 2.21 | 1.05 | to | 2.50 | 4.52 | to | 3.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 203,804 | 5.51 | to | 3.39 | 1,124,306 | 3.60 | 1.05 | to | 2.50 | 23.50 | to | 21.76 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Core Equity Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 84 | 5.77 | to | 20.50 | 283 | 0.26 | 1.05 | to | 2.50 | 26.76 | to | 24.97 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,043 | 4.55 | to | 16.41 | 2,688 | 1.01 | 1.05 | to | 2.50 | (16.64 | ) | to | (17.82 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,125 | 5.46 | to | 19.96 | 3,490 | 0.65 | 1.05 | to | 2.50 | 29.65 | to | 27.82 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,203 | 4.21 | to | 15.62 | 2,887 | 1.00 | 1.05 | to | 2.50 | 16.11 | to | 14.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,391 | 3.63 | to | 13.65 | 2,960 | 0.81 | 1.05 | to | 2.50 | 30.26 | to | 28.42 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Diversified Income Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 121,245 | 1.78 | to | 0.90 | 210,135 | 6.05 | 1.05 | to | 2.50 | 3.73 | to | 2.27 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 126,977 | 1.72 | to | 0.88 | 212,304 | 6.74 | 1.05 | to | 2.50 | (3.36 | ) | to | (4.72 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 141,695 | 1.78 | to | 0.92 | 243,420 | 0.68 | 1.05 | to | 2.50 | (7.92 | ) | to | (9.22 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 162,976 | 1.93 | to | 1.02 | 306,505 | 7.63 | 1.05 | to | 2.50 | (1.93 | ) | to | (3.32 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 200,755 | 1.97 | to | 1.05 | 392,020 | 3.29 | 1.05 | to | 2.50 | 10.07 | to | 8.52 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Focused International Equity Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 365,673 | 3.43 | to | 2.10 | 838,551 | 0.68 | 1.05 | to | 2.50 | 18.01 | to | 16.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 386,940 | 2.90 | to | 1.81 | 754,840 | 1.76 | 1.05 | to | 2.50 | (19.04 | ) | to | (20.19 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 384,255 | 3.59 | to | 2.26 | 930,397 | 0.76 | 1.05 | to | 2.50 | 11.41 | to | 9.83 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 414,677 | 3.22 | to | 2.06 | 913,062 | 0.16 | 1.05 | to | 2.50 | 8.92 | to | 7.38 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 591,230 | 2.96 | to | 1.92 | 1,297,460 | - | 1.05 | to | 2.50 | 25.28 | to | 23.51 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT George Putnam Balanced Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 267,775 | 2.86 | to | 1.68 | 718,822 | 1.23 | 1.05 | to | 2.50 | 18.66 | to | 16.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 293,685 | 2.41 | to | 1.44 | 666,392 | 0.91 | 1.05 | to | 2.50 | (16.87 | ) | to | (18.04 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 312,864 | 2.90 | to | 1.76 | 857,856 | 0.84 | 1.05 | to | 2.50 | 12.77 | to | 11.18 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 328,927 | 2.57 | to | 1.58 | 800,278 | 1.14 | 1.05 | to | 2.50 | 14.21 | to | 12.59 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 341,925 | 2.25 | to | 1.40 | 731,717 | 1.38 | 1.05 | to | 2.50 | 22.72 | to | 20.98 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Global Health Care Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 36,431 | 5.38 | to | 1.90 | 181,501 | 0.30 | 1.05 | to | 2.50 | 8.00 | to | 6.48 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 38,345 | 4.98 | to | 1.78 | 175,916 | 0.40 | 1.05 | to | 2.50 | (5.66 | ) | to | (6.99 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 40,015 | 5.28 | to | 1.92 | 196,061 | 1.08 | 1.05 | to | 2.50 | 18.16 | to | 16.49 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 46,699 | 4.47 | to | 1.64 | 191,253 | 0.48 | 1.05 | to | 2.50 | 15.07 | to | 13.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 45,999 | 3.88 | to | 1.45 | 162,801 | - | 1.05 | to | 2.50 | 28.94 | to | 27.11 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Government Money Market Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 2,003,452 | 1.02 | to | 0.77 | 1,927,227 | 4.34 | 1.05 | to | 2.50 | 3.35 | to | 1.89 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,771,265 | 0.99 | to | 0.75 | 1,711,461 | 1.12 | 1.05 | to | 2.50 | 0.08 | to | (1.34 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,153,891 | 0.99 | to | 0.76 | 2,072,030 | 0.01 | 1.05 | to | 2.50 | (1.03 | ) | to | (2.43 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,111,326 | 1.00 | to | 0.78 | 2,071,423 | 0.19 | 1.05 | to | 2.50 | (0.85 | ) | to | (2.26 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,680,950 | 1.01 | to | 0.80 | 1,657,976 | 1.55 | 1.05 | to | 2.50 | 0.50 | to | (0.92 | ) | |||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Income Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 78,761 | 1.77 | to | 9.06 | 139,479 | 5.68 | 1.25 | to | 2.50 | 3.41 | to | 2.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 80,354 | 1.72 | to | 8.87 | 137,541 | 5.60 | 1.25 | to | 2.50 | (14.87 | ) | to | (15.91 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 81,267 | 2.02 | to | 10.55 | 163,373 | 1.46 | 1.25 | to | 2.50 | (5.76 | ) | to | (6.91 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 93,733 | 2.14 | to | 11.33 | 199,279 | 4.88 | 1.25 | to | 2.50 | 4.42 | to | 3.15 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 104,796 | 2.05 | to | 10.99 | 212,922 | 3.14 | 1.25 | to | 2.50 | 10.51 | to | 9.16 | ||||||||||||||||||||||||||||||||||||||||||||
95
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT International Equity Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 32,791 | $2.67 | to | $13.06 | $ 57,853 | 0.04 | % | 1.05 | % | to | 2.50 | % | 17.28 | % | to | 15.62 | % | |||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 33,683 | 2.27 | to | 11.30 | 50,831 | 1.72 | 1.05 | to | 2.50 | (15.65 | ) | to | (16.84 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 54,934 | 2.70 | to | 13.59 | 102,923 | 1.31 | 1.05 | to | 2.50 | 7.69 | to | 6.17 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 72,503 | 2.50 | to | 12.80 | 125,848 | 1.61 | 1.05 | to | 2.50 | 10.93 | to | 9.36 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 73,925 | 2.26 | to | 11.70 | 116,067 | 1.35 | 1.05 | to | 2.50 | 23.85 | to | 22.10 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Large Cap Growth Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 250,177 | 6.85 | to | 5.07 | 828,647 | - | 1.05 | to | 2.50 | 42.98 | to | 40.97 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 258,949 | 4.79 | to | 3.60 | 602,781 | - | 1.05 | to | 2.50 | (31.22 | ) | to | (32.20 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 306,483 | 6.96 | to | 5.31 | 1,112,233 | - | 1.05 | to | 2.50 | 21.38 | to | 19.66 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 362,325 | 5.74 | to | 4.44 | 1,045,091 | 0.04 | 1.05 | to | 2.50 | 37.27 | to | 35.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 392,669 | 4.18 | to | 3.28 | 819,123 | 0.14 | 1.05 | to | 2.50 | 35.32 | to | 33.41 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Large Cap Value Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 566,260 | 5.59 | to | 2.85 | 2,932,624 | 2.02 | 1.05 | to | 2.50 | 14.47 | to | 12.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 702,229 | 4.88 | to | 2.53 | 3,191,358 | 1.49 | 1.05 | to | 2.50 | (4.14 | ) | to | (5.49 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 721,598 | 5.09 | to | 2.67 | 3,461,996 | 1.23 | 1.05 | to | 2.50 | 25.98 | to | 24.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 820,265 | 4.04 | to | 2.15 | 3,129,277 | 1.71 | 1.05 | to | 2.50 | 4.70 | to | 3.22 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 961,811 | 3.86 | to | 2.09 | 3,517,236 | 2.03 | 1.05 | to | 2.50 | 29.05 | to | 27.22 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Research Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 42,404 | 5.67 | to | 20.67 | 181,804 | 0.79 | 1.05 | to | 2.50 | 27.52 | to | 25.73 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 42,615 | 4.44 | to | 16.44 | 143,907 | 0.56 | 1.05 | to | 2.50 | (18.14 | ) | to | (19.30 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 42,810 | 5.43 | to | 20.38 | 177,387 | 0.10 | 1.05 | to | 2.50 | 22.85 | to | 21.11 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 42,955 | 4.42 | to | 16.82 | 145,533 | 0.57 | 1.05 | to | 2.50 | 18.67 | to | 16.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 43,110 | 3.72 | to | 14.38 | 123,628 | 1.11 | 1.05 | to | 2.50 | 31.85 | to | 29.99 | ||||||||||||||||||||||||||||||||||||||||||||
| Putnam VT Sustainable Leaders Class IB Shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,439 | 6.60 | to | 22.27 | 9,462 | 0.50 | 1.25 | to | 2.50 | 24.55 | to | 23.04 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,569 | 5.30 | to | 18.10 | 8,289 | 0.53 | 1.25 | to | 2.50 | (23.86 | ) | to | (24.79 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,715 | 6.96 | to | 24.07 | 11,906 | 0.14 | 1.25 | to | 2.50 | 22.01 | to | 20.52 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,723 | 5.70 | to | 19.97 | 9,803 | 0.38 | 1.25 | to | 2.50 | 27.16 | to | 25.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,694 | 4.49 | to | 15.90 | 7,582 | 0.43 | 1.25 | to | 2.50 | 34.67 | to | 33.03 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon Bond Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 4,287,143 | 1.59 | to | 0.88 | 6,441,837 | 0.94 | 1.05 | to | 2.95 | 5.34 | to | 3.40 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 4,314,173 | 1.51 | to | 0.85 | 6,200,599 | 2.47 | 1.05 | to | 2.95 | (15.72 | ) | to | (17.27 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 5,398,369 | 1.79 | to | 1.03 | 9,185,424 | 1.51 | 1.05 | to | 2.95 | (1.90 | ) | to | (3.71 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 6,084,852 | 1.83 | to | 1.07 | 10,612,256 | 4.18 | 1.05 | to | 2.95 | 6.57 | to | 4.60 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 6,425,806 | 1.72 | to | 1.02 | 10,690,929 | 2.61 | 1.05 | to | 2.95 | 7.29 | to | 5.31 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon Bond Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,853,610 | 1.56 | to | 0.95 | 2,742,477 | 0.63 | 0.85 | to | 2.50 | 5.29 | to | 3.60 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,417,219 | 1.48 | to | 0.92 | 3,364,908 | 2.12 | 0.85 | to | 2.50 | (15.80 | ) | to | (17.15 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 3,358,048 | 1.76 | to | 1.11 | 5,631,572 | 1.22 | 0.85 | to | 2.50 | (1.90 | ) | to | (3.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 3,271,091 | 1.79 | to | 1.15 | 5,560,669 | 4.28 | 0.85 | to | 2.50 | 6.50 | to | 4.79 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 3,223,484 | 1.68 | to | 1.10 | 5,124,342 | 2.31 | 0.85 | to | 2.50 | 7.31 | to | 5.58 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon Core Bond Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 950,443 | 1.63 | to | 0.88 | 1,438,383 | 2.73 | 1.05 | to | 2.70 | 4.94 | to | 3.26 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,029,106 | 1.55 | to | 0.86 | 1,489,501 | 2.91 | 1.05 | to | 2.70 | (13.67 | ) | to | (15.06 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,095,687 | 1.80 | to | 1.01 | 1,850,509 | 2.83 | 1.05 | to | 2.70 | (2.06 | ) | to | (3.63 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,175,191 | 1.84 | to | 1.05 | 2,048,897 | 3.73 | 1.05 | to | 2.70 | 6.35 | to | 4.64 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,242,047 | 1.73 | to | 1.00 | 2,054,038 | 2.68 | 1.05 | to | 2.70 | 7.40 | to | 5.67 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon High Yield Bond Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,129,982 | 2.75 | to | 2.19 | 2,746,659 | 4.45 | 1.05 | to | 2.95 | 9.96 | to | 7.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,262,376 | 2.50 | to | 2.03 | 2,802,885 | 5.49 | 1.05 | to | 2.95 | (12.04 | ) | to | (13.66 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,669,256 | 2.84 | to | 2.35 | 4,256,233 | 5.35 | 1.05 | to | 2.95 | 5.24 | to | 3.30 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,973,050 | 2.70 | to | 2.28 | 4,811,452 | 6.24 | 1.05 | to | 2.95 | 3.95 | to | 2.03 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,122,976 | 2.60 | to | 2.23 | 5,026,210 | 6.29 | 1.05 | to | 2.95 | 13.03 | to | 10.94 | ||||||||||||||||||||||||||||||||||||||||||||
96
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon High Yield Bond Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 123,827 | $2.50 | to | $10.97 | $ | 286,849 | 4.19 | % | 0.85 | % | to | 2.50 | % | 9.94 | % | to | 8.17 | % | ||||||||||||||||||||||||||||||||||||||
|
|
12/31/2022 | 133,408 | 2.27 | to | 10.14 | 278,370 | 5.47 | 0.85 | to | 2.50 | (12.20 | ) | to | (13.61 | ) | |||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 159,185 | 2.59 | to | 11.74 | 379,575 | 4.93 | 0.85 | to | 2.50 | 5.36 | to | 3.66 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 171,168 | 2.46 | to | 11.32 | 383,328 | 6.66 | 0.85 | to | 2.50 | 3.80 | to | 2.12 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 273,580 | 2.37 | to | 11.09 | 575,814 | 4.86 | 0.85 | to | 2.50 | 13.01 | to | 11.19 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon Sustainable Equity Income Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 4,369,247 | 3.52 | to | 2.04 | 10,492,913 | 2.22 | 1.05 | to | 2.95 | 5.18 | to | 3.24 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 4,625,490 | 3.35 | to | 1.98 | 10,669,626 | 2.18 | 1.05 | to | 2.95 | (12.54 | ) | to | (14.16 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 5,136,426 | 3.83 | to | 2.31 | 13,619,172 | 2.12 | 1.05 | to | 2.95 | 21.15 | to | 18.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 5,777,505 | 3.16 | to | 1.94 | 12,725,115 | 3.01 | 1.05 | to | 2.95 | (8.32 | ) | to | (10.01 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 6,285,094 | 3.44 | to | 2.15 | 15,179,165 | 2.47 | 1.05 | to | 2.95 | 22.62 | to | 20.36 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon Sustainable Equity Income Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 656,965 | 2.80 | to | 1.90 | 1,633,820 | 1.91 | 0.85 | to | 2.50 | 5.11 | to | 3.43 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 765,730 | 2.66 | to | 1.84 | 1,782,332 | 1.81 | 0.85 | to | 2.50 | (12.58 | ) | to | (13.99 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 907,393 | 3.05 | to | 2.13 | 2,412,027 | 2.01 | 0.85 | to | 2.50 | 21.09 | to | 19.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,150,006 | 2.51 | to | 1.79 | 2,460,092 | 2.80 | 0.85 | to | 2.50 | (8.37 | ) | to | (9.84 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,154,764 | 2.74 | to | 1.99 | 2,695,386 | 2.18 | 0.85 | to | 2.50 | 22.53 | to | 20.56 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon U.S. Government Securities Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,740,118 | 1.35 | to | 1.06 | 2,159,594 | 1.77 | 1.05 | to | 2.95 | 2.92 | to | 1.02 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,514,364 | 1.31 | to | 1.05 | 1,848,656 | 1.05 | 1.05 | to | 2.95 | (13.93 | ) | to | (15.51 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,358,235 | 1.53 | to | 1.24 | 2,082,552 | 2.18 | 1.05 | to | 2.95 | (3.41 | ) | to | (5.19 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,714,254 | 1.58 | to | 1.31 | 2,741,302 | 1.62 | 1.05 | to | 2.95 | 7.84 | to | 5.85 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,799,041 | 1.47 | to | 1.24 | 2,706,298 | 2.06 | 1.05 | to | 2.95 | 5.49 | to | 3.55 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Aegon U.S. Government Securities Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,863,050 | 1.35 | to | 8.72 | 2,351,342 | 1.42 | 0.85 | to | 2.50 | 2.82 | to | 1.16 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,485,350 | 1.31 | to | 8.62 | 3,051,097 | 0.93 | 0.85 | to | 2.50 | (14.03 | ) | to | (15.41 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,109,314 | 1.52 | to | 10.19 | 1,578,557 | 1.75 | 0.85 | to | 2.50 | (3.36 | ) | to | (4.91 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,787,431 | 1.58 | to | 10.72 | 2,685,101 | 1.47 | 0.85 | to | 2.50 | 7.75 | to | 6.01 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,755,706 | 1.46 | to | 10.11 | 2,423,770 | 1.59 | 0.85 | to | 2.50 | 5.45 | to | 3.75 | ||||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock Government Money Market Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 7,474,865 | 1.05 | to | 0.73 | 6,442,315 | 4.75 | 1.05 | to | 2.95 | 3.77 | to | 1.86 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 10,064,734 | 1.01 | to | 0.71 | 8,620,370 | 1.45 | 1.05 | to | 2.95 | 0.35 | to | (1.49 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 9,374,755 | 1.01 | to | 0.72 | 7,961,816 | 0.00 | 1.05 | to | 2.95 | (1.03 | ) | to | (2.86 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 9,082,682 | 1.02 | to | 0.74 | 7,827,574 | 0.28 | 1.05 | to | 2.95 | (0.75 | ) | to | (2.59 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 9,532,566 | 1.03 | to | 0.76 | 8,363,328 | 1.97 | 1.05 | to | 2.95 | 0.91 | to | (0.95 | ) | |||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock Government Money Market Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 4,035,924 | 1.07 | to | 9.18 | 4,043,324 | 4.55 | 0.85 | to | 2.50 | 3.78 | to | 2.12 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 5,449,916 | 1.03 | to | 8.99 | 5,310,610 | 1.37 | 0.85 | to | 2.50 | 0.55 | to | (1.06 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 6,492,021 | 1.02 | to | 9.08 | 6,326,418 | 0.01 | 0.85 | to | 2.50 | (0.84 | ) | to | (2.44 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 3,357,936 | 1.03 | to | 9.31 | 3,331,441 | 0.22 | 0.85 | to | 2.50 | (0.60 | ) | to | (2.20 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,828,425 | 1.04 | to | 9.52 | 2,812,254 | 1.71 | 0.85 | to | 2.50 | 0.86 | to | (0.76 | ) | |||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock iShares Edge 40 Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 621,844 | 2.18 | to | 10.82 | 1,161,426 | 2.29 | 1.05 | to | 2.95 | 8.31 | to | 6.32 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 654,575 | 2.01 | to | 10.18 | 1,138,581 | 1.80 | 1.05 | to | 2.95 | (15.13 | ) | to | (16.70 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 791,754 | 2.37 | to | 12.22 | 1,644,342 | 1.82 | 1.05 | to | 2.95 | 4.99 | to | 3.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 953,292 | 2.26 | to | 11.86 | 1,887,696 | 2.42 | 1.05 | to | 2.95 | 8.51 | to | 6.51 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,021,835 | 2.08 | to | 11.13 | 1,815,000 | 2.17 | 1.05 | to | 2.95 | 14.11 | to | 12.00 | ||||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock iShares Edge 40 Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 193,725 | 1.83 | to | 10.89 | 316,220 | 2.01 | 0.85 | to | 2.50 | 8.15 | to | 6.41 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 215,032 | 1.70 | to | 10.23 | 325,359 | 1.57 | 0.85 | to | 2.50 | (15.16 | ) | to | (16.52 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 241,627 | 2.00 | to | 12.25 | 433,905 | 1.52 | 0.85 | to | 2.50 | 4.88 | to | 3.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 241,676 | 1.91 | to | 11.87 | 415,523 | 2.10 | 0.85 | to | 2.50 | 8.53 | to | 6.78 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 291,469 | 1.76 | to | 11.12 | 464,830 | 1.94 | 0.85 | to | 2.50 | 14.13 | to | 12.30 | ||||||||||||||||||||||||||||||||||||||||||||
97
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock Real Estate Securities Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 102,043 | $3.29 | to | $2.06 | $ 295,587 | 6.11 | % | 1.05 | % | to | 2.95 | % | 12.15 | % | to | 10.09 | % | |||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 113,494 | 2.93 | to | 1.87 | 296,046 | 3.27 | 1.05 | to | 2.95 | (28.94 | ) | to | (30.25 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 128,339 | 4.12 | to | 2.68 | 475,080 | 2.65 | 1.05 | to | 2.95 | 24.91 | to | 22.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 200,925 | 3.30 | to | 2.19 | 589,117 | 12.01 | 1.05 | to | 2.95 | (1.35 | ) | to | (3.17 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 350,171 | 3.35 | to | 2.26 | 990,588 | 0.90 | 1.05 | to | 2.95 | 23.89 | to | 21.60 | ||||||||||||||||||||||||||||||||||||||||||||
| TA BlackRock Real Estate Securities Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 86,166 | 2.64 | to | 10.77 | 201,507 | 5.31 | 0.85 | to | 2.50 | 12.20 | to | 10.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 85,002 | 2.35 | to | 9.76 | 176,679 | 2.83 | 0.85 | to | 2.50 | (28.99 | ) | to | (30.13 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 97,831 | 3.31 | to | 13.97 | 287,677 | 2.00 | 0.85 | to | 2.50 | 24.79 | to | 22.78 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 140,859 | 2.66 | to | 11.38 | 312,815 | 12.59 | 0.85 | to | 2.50 | (1.35 | ) | to | (2.94 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 213,862 | 2.69 | to | 11.72 | 498,396 | 0.59 | 0.85 | to | 2.50 | 23.83 | to | 21.84 | ||||||||||||||||||||||||||||||||||||||||||||
| TA International Focus Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 506,589 | 1.83 | to | 1.66 | 902,202 | 2.00 | 1.70 | to | 2.95 | 10.66 | to | 9.32 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 540,347 | 1.66 | to | 1.52 | 871,418 | 2.90 | 1.70 | to | 2.95 | (21.38 | ) | to | (22.33 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 745,830 | 2.11 | to | 1.95 | 1,536,548 | 1.27 | 1.70 | to | 2.95 | 8.97 | to | 7.64 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,010,622 | 1.93 | to | 1.81 | 1,913,879 | 2.24 | 1.70 | to | 2.95 | 18.88 | to | 17.43 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,137,270 | 1.63 | to | 1.54 | 1,812,264 | 1.64 | 1.70 | to | 2.95 | 25.55 | to | 24.02 | ||||||||||||||||||||||||||||||||||||||||||||
| TA International Focus Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 290,921 | 2.59 | to | 13.37 | 747,702 | 1.78 | 0.85 | to | 2.50 | 11.33 | to | 9.54 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 291,603 | 2.33 | to | 12.21 | 673,246 | 2.76 | 0.85 | to | 2.50 | (20.97 | ) | to | (22.24 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 305,363 | 2.95 | to | 15.70 | 889,230 | 1.09 | 0.85 | to | 2.50 | 9.70 | to | 7.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 363,699 | 2.69 | to | 14.55 | 919,107 | 2.09 | 0.85 | to | 2.50 | 19.57 | to | 17.64 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 371,335 | 2.25 | to | 12.37 | 785,398 | 1.39 | 0.85 | to | 2.50 | 26.33 | to | 24.30 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Janus Mid-Cap Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,864,187 | 5.44 | to | 2.37 | 8,334,812 | - | 1.05 | to | 2.95 | 15.83 | to | 13.70 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,988,259 | 4.69 | to | 2.08 | 7,705,913 | - | 1.05 | to | 2.95 | (17.58 | ) | to | (19.10 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 2,204,248 | 5.70 | to | 2.57 | 10,372,495 | 0.27 | 1.05 | to | 2.95 | 16.08 | to | 13.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,512,947 | 4.91 | to | 2.26 | 10,177,125 | 0.23 | 1.05 | to | 2.95 | 17.96 | to | 15.79 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,761,512 | 4.16 | to | 1.95 | 9,574,660 | 0.07 | 1.05 | to | 2.95 | 35.29 | to | 32.79 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Janus Mid-Cap Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 114,776 | 4.56 | to | 19.30 | 464,567 | - | 0.85 | to | 2.50 | 15.82 | to | 13.96 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 180,006 | 3.94 | to | 16.93 | 651,869 | - | 0.85 | to | 2.50 | (17.63 | ) | to | (18.96 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 184,789 | 4.78 | to | 20.90 | 815,131 | 0.10 | 0.85 | to | 2.50 | 16.00 | to | 14.14 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 192,563 | 4.12 | to | 18.31 | 735,410 | 0.03 | 0.85 | to | 2.50 | 17.93 | to | 16.03 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 471,958 | 3.50 | to | 15.78 | 1,600,951 | - | 0.85 | to | 2.50 | 35.18 | to | 33.00 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 5,105,337 | 2.28 | to | 1.54 | 9,660,945 | 2.28 | 1.05 | to | 2.95 | 5.94 | to | 3.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 5,429,479 | 2.15 | to | 1.48 | 9,643,448 | 5.51 | 1.05 | to | 2.95 | (16.23 | ) | to | (17.78 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 5,864,348 | 2.56 | to | 1.80 | 12,486,252 | 2.46 | 1.05 | to | 2.95 | 4.80 | to | 2.87 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 6,807,696 | 2.45 | to | 1.75 | 13,847,391 | 2.54 | 1.05 | to | 2.95 | 10.31 | to | 8.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 6,947,217 | 2.22 | to | 1.61 | 12,862,402 | 2.70 | 1.05 | to | 2.95 | 12.72 | to | 10.64 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Conservative Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 7,631,531 | 1.92 | to | 1.15 | 13,949,410 | 1.93 | 0.85 | to | 2.50 | 5.93 | to | 4.23 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 9,832,610 | 1.81 | to | 1.11 | 16,882,236 | 5.29 | 0.85 | to | 2.50 | (16.32 | ) | to | (17.66 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 11,621,815 | 2.16 | to | 1.34 | 23,899,316 | 2.16 | 0.85 | to | 2.50 | 4.74 | to | 3.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 13,272,314 | 2.06 | to | 1.30 | 26,165,763 | 2.28 | 0.85 | to | 2.50 | 10.31 | to | 8.53 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 15,482,854 | 1.87 | to | 1.20 | 27,673,263 | 2.34 | 0.85 | to | 2.50 | 12.59 | to | 10.78 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 2,377,051 | 4.13 | to | 1.84 | 7,334,962 | 1.69 | 1.05 | to | 2.95 | 19.09 | to | 16.90 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,782,552 | 3.47 | to | 1.58 | 7,325,453 | 6.03 | 1.05 | to | 2.95 | (23.37 | ) | to | (24.78 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 3,416,858 | 4.53 | to | 2.10 | 12,101,852 | 1.66 | 1.05 | to | 2.95 | 18.40 | to | 16.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 4,036,798 | 3.82 | to | 1.80 | 12,013,012 | 1.70 | 1.05 | to | 2.95 | 23.44 | to | 21.17 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 4,270,310 | 3.10 | to | 1.49 | 10,365,751 | 1.72 | 1.05 | to | 2.95 | 24.74 | to | 22.44 | ||||||||||||||||||||||||||||||||||||||||||||
98
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 2,649,762 | $3.22 | to | $2.11 | $ | 8,125,097 | 1.44 | % | 0.85 | % | to | 2.50 | % | 19.00 | % | to | 17.09 | % | ||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 2,999,145 | 2.71 | to | 1.80 | 7,826,570 | 5.64 | 0.85 | to | 2.50 | (23.39 | ) | to | (24.62 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 3,369,736 | 3.53 | to | 2.39 | 11,636,639 | 1.52 | 0.85 | to | 2.50 | 18.34 | to | 16.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 3,749,342 | 2.99 | to | 2.05 | 11,212,097 | 1.46 | 0.85 | to | 2.50 | 23.31 | to | 21.33 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 4,026,466 | 2.42 | to | 1.69 | 9,889,068 | 1.38 | 0.85 | to | 2.50 | 24.80 | to | 22.79 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 7,603,630 | 2.75 | to | 1.84 | 16,594,046 | 2.08 | 1.05 | to | 2.95 | 7.97 | to | 5.99 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 8,422,527 | 2.54 | to | 1.73 | 17,163,301 | 5.23 | 1.05 | to | 2.95 | (16.95 | ) | to | (18.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 9,844,167 | 3.06 | to | 2.12 | 24,327,651 | 1.85 | 1.05 | to | 2.95 | 8.05 | to | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 11,836,483 | 2.83 | to | 2.00 | 27,296,763 | 2.20 | 1.05 | to | 2.95 | 11.43 | to | 9.38 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 12,507,796 | 2.54 | to | 1.83 | 26,236,573 | 2.16 | 1.05 | to | 2.95 | 15.21 | to | 13.08 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 16,394,992 | 2.27 | to | 1.72 | 36,159,275 | 1.83 | 0.85 | to | 2.50 | 7.94 | to | 6.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 19,380,636 | 2.10 | to | 1.62 | 39,737,043 | 5.03 | 0.85 | to | 2.50 | (16.96 | ) | to | (18.29 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 22,462,423 | 2.53 | to | 1.98 | 55,668,430 | 1.67 | 0.85 | to | 2.50 | 8.01 | to | 6.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 25,442,403 | 2.34 | to | 1.86 | 58,757,689 | 1.96 | 0.85 | to | 2.50 | 11.33 | to | 9.54 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 29,328,883 | 2.10 | to | 1.70 | 60,943,292 | 1.94 | 0.85 | to | 2.50 | 15.20 | to | 13.34 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 10,102,270 | 3.28 | to | 1.47 | 25,888,100 | 1.96 | 1.05 | to | 2.95 | 11.05 | to | 9.01 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 11,063,497 | 2.96 | to | 1.35 | 25,695,784 | 5.27 | 1.05 | to | 2.95 | (18.21 | ) | to | (19.72 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 12,277,126 | 3.61 | to | 1.68 | 34,803,614 | 2.19 | 1.05 | to | 2.95 | 12.76 | to | 10.68 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 13,791,218 | 3.20 | to | 1.52 | 34,859,225 | 2.06 | 1.05 | to | 2.95 | 13.87 | to | 11.77 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 14,440,197 | 2.81 | to | 1.36 | 32,478,136 | 2.17 | 1.05 | to | 2.95 | 18.76 | to | 16.57 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Asset Allocation - Moderate Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 33,721,222 | 2.65 | to | 2.12 | 82,272,943 | 1.71 | 0.85 | to | 2.50 | 10.99 | to | 9.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 39,911,176 | 2.39 | to | 1.94 | 87,877,402 | 5.06 | 0.85 | to | 2.50 | (18.22 | ) | to | (19.54 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 45,559,961 | 2.92 | to | 2.41 | 122,884,732 | 1.93 | 0.85 | to | 2.50 | 12.75 | to | 10.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 53,258,158 | 2.59 | to | 2.17 | 128,439,957 | 1.78 | 0.85 | to | 2.50 | 13.70 | to | 11.87 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 62,555,379 | 2.28 | to | 1.94 | 132,966,729 | 1.93 | 0.85 | to | 2.50 | 18.78 | to | 16.87 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Enhanced Index Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,083,837 | 3.35 | to | 4.09 | 3,456,144 | 0.79 | 1.15 | to | 2.95 | 26.22 | to | 24.02 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,301,177 | 2.65 | to | 3.30 | 3,312,836 | 0.64 | 1.15 | to | 2.95 | (19.28 | ) | to | (20.69 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,629,490 | 3.28 | to | 4.16 | 5,171,395 | 0.79 | 1.15 | to | 2.95 | 28.64 | to | 26.39 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 2,180,487 | 2.55 | to | 3.29 | 5,398,234 | 1.49 | 1.15 | to | 2.95 | 18.80 | to | 16.72 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 2,469,694 | 2.15 | to | 2.82 | 5,144,476 | 1.19 | 1.15 | to | 2.95 | 29.55 | to | 27.28 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Enhanced Index Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 192,663 | 4.97 | to | 19.85 | 925,230 | 0.63 | 0.85 | to | 2.50 | 26.32 | to | 24.29 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 147,854 | 3.93 | to | 15.97 | 569,242 | 0.40 | 0.85 | to | 2.50 | (19.23 | ) | to | (20.53 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 164,878 | 4.87 | to | 20.10 | 786,561 | 0.57 | 0.85 | to | 2.50 | 28.69 | to | 26.62 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 188,297 | 3.78 | to | 15.87 | 693,407 | 1.17 | 0.85 | to | 2.50 | 18.85 | to | 16.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 593,422 | 3.18 | to | 13.57 | 1,789,154 | 0.66 | 0.85 | to | 2.50 | 29.59 | to | 27.50 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan International Moderate Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 237,093 | 1.45 | to | 11.99 | 325,972 | 1.63 | 1.05 | to | 2.65 | 8.03 | to | 6.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 245,476 | 1.34 | to | 11.27 | 313,179 | 5.30 | 1.05 | to | 2.65 | (18.14 | ) | to | (19.41 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 234,770 | 1.64 | to | 13.99 | 367,266 | 1.52 | 1.05 | to | 2.65 | 8.12 | to | 6.43 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 240,972 | 1.51 | to | 13.14 | 349,572 | 2.75 | 1.05 | to | 2.65 | 13.70 | to | 11.93 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 248,315 | 1.33 | to | 11.74 | 317,630 | 2.17 | 1.05 | to | 2.65 | 16.55 | to | 14.73 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan International Moderate Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 4,073,864 | 1.43 | to | 1.23 | 5,635,339 | 1.32 | 0.85 | to | 2.50 | 7.79 | to | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 4,767,937 | 1.33 | to | 1.16 | 6,130,222 | 4.71 | 0.85 | to | 2.50 | (18.12 | ) | to | (19.43 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 5,567,250 | 1.62 | to | 1.44 | 8,726,526 | 1.28 | 0.85 | to | 2.50 | 8.09 | to | 6.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 6,110,708 | 1.50 | to | 1.35 | 8,884,904 | 2.44 | 0.85 | to | 2.50 | 13.58 | to | 11.75 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 7,228,016 | 1.32 | to | 1.21 | 9,279,976 | 2.03 | 0.85 | to | 2.50 | 16.62 | to | 14.74 | ||||||||||||||||||||||||||||||||||||||||||||
99
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Mid Cap Value Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 349,968 | $5.64 | to | $2.39 | $ 1,385,747 | 1.49 | % | 1.05 | % | to | 2.70 | % | 9.66 | % | to | 7.90 | % | |||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 378,303 | 5.14 | to | 2.21 | 1,369,744 | 0.83 | 1.05 | to | 2.70 | (9.18 | ) | to | (10.64 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 407,202 | 5.66 | to | 2.48 | 1,633,164 | 0.77 | 1.05 | to | 2.70 | 27.85 | to | 25.80 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 438,834 | 4.43 | to | 1.97 | 1,382,563 | 1.26 | 1.05 | to | 2.70 | 0.30 | to | (1.32 | ) | |||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 446,755 | 4.42 | to | 1.99 | 1,421,294 | 1.36 | 1.05 | to | 2.70 | 24.90 | to | 22.89 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Tactical Allocation Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 287,497 | 1.92 | to | 1.12 | 512,676 | 1.93 | 1.05 | to | 2.50 | 7.77 | to | 6.25 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 317,535 | 1.78 | to | 1.05 | 527,290 | 1.95 | 1.05 | to | 2.50 | (15.69 | ) | to | (16.88 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 358,972 | 2.11 | to | 1.26 | 709,200 | 1.73 | 1.05 | to | 2.50 | 3.82 | to | 2.35 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 469,672 | 2.03 | to | 1.23 | 903,590 | 2.36 | 1.05 | to | 2.50 | 11.20 | to | 9.62 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 543,353 | 1.83 | to | 1.13 | 933,511 | 2.39 | 1.05 | to | 2.50 | 11.01 | to | 9.44 | ||||||||||||||||||||||||||||||||||||||||||||
| TA JPMorgan Tactical Allocation Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 336,997 | 1.82 | to | 1.18 | 536,404 | 1.56 | 1.05 | to | 2.50 | 7.44 | to | 5.92 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 406,923 | 1.70 | to | 1.12 | 604,675 | 1.53 | 1.05 | to | 2.50 | (15.91 | ) | to | (17.10 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 488,264 | 2.02 | to | 1.35 | 859,624 | 1.53 | 1.05 | to | 2.50 | 3.55 | to | 2.08 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 513,108 | 1.95 | to | 1.32 | 873,276 | 1.98 | 1.05 | to | 2.50 | 10.94 | to | 9.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 605,201 | 1.76 | to | 1.21 | 931,787 | 2.08 | 1.05 | to | 2.50 | 10.75 | to | 9.18 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Multi-Managed Balanced Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 786,479 | 4.22 | to | 2.70 | 2,751,817 | 1.56 | 1.05 | to | 2.95 | 17.50 | to | 15.34 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 888,148 | 3.59 | to | 2.34 | 2,663,699 | 1.15 | 1.05 | to | 2.95 | (17.15 | ) | to | (18.68 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,036,161 | 4.34 | to | 2.88 | 3,773,835 | 1.18 | 1.05 | to | 2.95 | 15.82 | to | 13.69 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,272,636 | 3.74 | to | 2.53 | 4,018,870 | 1.57 | 1.05 | to | 2.95 | 14.69 | to | 12.58 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,413,945 | 3.26 | to | 2.25 | 3,914,380 | 1.63 | 1.05 | to | 2.95 | 20.50 | to | 18.28 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Multi-Managed Balanced Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 5,782,028 | 3.81 | to | 14.85 | 18,552,729 | 1.34 | 0.85 | to | 2.50 | 17.44 | to | 15.56 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 6,203,346 | 3.24 | to | 12.85 | 17,073,179 | 0.90 | 0.85 | to | 2.50 | (17.19 | ) | to | (18.52 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 7,514,542 | 3.92 | to | 15.78 | 24,977,434 | 0.95 | 0.85 | to | 2.50 | 15.81 | to | 13.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 8,352,287 | 3.38 | to | 13.85 | 23,985,334 | 1.40 | 0.85 | to | 2.50 | 14.63 | to | 12.78 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 9,049,848 | 2.95 | to | 12.28 | 22,841,793 | 1.43 | 0.85 | to | 2.50 | 20.47 | to | 18.53 | ||||||||||||||||||||||||||||||||||||||||||||
| TA Small/Mid Cap Value Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 371,799 | 2.36 | to | 14.15 | 3,478,477 | 1.05 | 1.05 | to | 2.95 | 11.23 | to | 9.19 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 384,091 | 2.12 | to | 12.96 | 3,323,511 | 0.60 | 1.05 | to | 2.95 | (9.26 | ) | to | (10.93 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 410,597 | 2.34 | to | 14.55 | 3,921,327 | 0.65 | 1.05 | to | 2.95 | 26.79 | to | 24.46 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 486,711 | 1.84 | to | 11.69 | 3,610,841 | 1.18 | 1.05 | to | 2.95 | 2.96 | to | 1.06 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 524,535 | 1.79 | to | 11.56 | 3,885,803 | 0.97 | 1.05 | to | 2.95 | 23.98 | to | 21.69 | ||||||||||||||||||||||||||||||||||||||||||||
| TA T. Rowe Price Small Cap Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 512,843 | 7.20 | to | 4.07 | 2,158,825 | - | 1.05 | to | 2.95 | 19.94 | to | 17.74 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 639,702 | 6.00 | to | 3.46 | 2,201,377 | - | 1.05 | to | 2.95 | (23.19 | ) | to | (24.61 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 721,502 | 7.81 | to | 4.58 | 3,207,903 | - | 1.05 | to | 2.95 | 10.22 | to | 8.18 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 850,637 | 7.09 | to | 4.24 | 3,407,378 | - | 1.05 | to | 2.95 | 22.28 | to | 20.02 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 961,050 | 5.80 | to | 3.53 | 3,155,981 | - | 1.05 | to | 2.95 | 31.39 | to | 28.97 | ||||||||||||||||||||||||||||||||||||||||||||
| TA T. Rowe Price Small Cap Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 146,785 | 5.19 | to | 15.94 | 701,569 | - | 0.85 | to | 2.50 | 19.86 | to | 17.94 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 141,468 | 4.33 | to | 13.52 | 559,280 | - | 0.85 | to | 2.50 | (23.25 | ) | to | (24.48 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 107,306 | 5.64 | to | 17.90 | 535,984 | - | 0.85 | to | 2.50 | 10.15 | to | 8.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 161,547 | 5.12 | to | 16.52 | 758,505 | - | 0.85 | to | 2.50 | 22.26 | to | 20.30 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 238,988 | 4.19 | to | 13.73 | 944,661 | - | 0.85 | to | 2.50 | 31.27 | to | 29.16 | ||||||||||||||||||||||||||||||||||||||||||||
| TA TS&W International Equity Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 542,519 | 1.41 | to | 1.76 | 764,305 | 1.12 | 1.70 | to | 2.95 | 13.55 | to | 12.18 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 561,963 | 1.24 | to | 1.57 | 687,436 | 3.49 | 1.70 | to | 2.95 | (15.83 | ) | to | (16.85 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 629,700 | 1.47 | to | 1.89 | 919,239 | 1.89 | 1.70 | to | 2.95 | 11.52 | to | 10.16 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 887,069 | 1.32 | to | 1.71 | 1,158,598 | 3.16 | 1.70 | to | 2.95 | 4.76 | to | 3.49 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 919,640 | 1.26 | to | 1.66 | 1,148,304 | 1.40 | 1.70 | to | 2.95 | 19.04 | to | 17.59 | ||||||||||||||||||||||||||||||||||||||||||||
100
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
5. Financial Highlights (continued)
| At December 31 | For the Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subaccount | Units | Unit Fair Value Corresponding to Lowest to Highest Expense Ratio |
Net Assets |
Investment Income Ratio* |
Expense Ratio** Lowest to Highest |
Total Return*** Expense Ratio |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TA TS&W International Equity Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 236,034 | $ | 2.28 | to | $ | 12.26 | $ | 480,592 | 0.79 | % | 0.85 | % | to | 2.50 | % | 14.29 | % | to | 12.46 | % | ||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 224,308 | 2.00 | to | 10.91 | 400,652 | 3.07 | 0.85 | to | 2.50 | (15.35 | ) | to | (16.71 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 247,965 | 2.36 | to | 13.09 | 527,518 | 1.74 | 0.85 | to | 2.50 | 12.25 | to | 10.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 305,370 | 2.10 | to | 11.86 | 558,757 | 2.97 | 0.85 | to | 2.50 | 5.31 | to | 3.61 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 316,537 | 2.00 | to | 11.44 | 553,186 | 1.16 | 0.85 | to | 2.50 | 19.72 | to | 17.79 | ||||||||||||||||||||||||||||||||||||||||||||
| TA WMC US Growth Initial Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 12,926,340 | 7.15 | to | 3.23 | 41,990,922 | 0.04 | 1.05 | to | 2.95 | 40.61 | to | 38.03 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 10,962,324 | 5.08 | to | 2.34 | 25,945,070 | - | 1.05 | to | 2.95 | (32.06 | ) | to | (33.31 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 12,073,568 | 7.48 | to | 3.51 | 41,899,264 | 0.08 | 1.05 | to | 2.95 | 19.41 | to | 17.21 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 13,405,769 | 6.26 | to | 2.99 | 38,970,387 | 0.11 | 1.05 | to | 2.95 | 35.87 | to | 33.37 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 14,861,953 | 4.61 | to | 2.24 | 31,892,138 | 0.13 | 1.05 | to | 2.95 | 38.59 | to | 36.03 | ||||||||||||||||||||||||||||||||||||||||||||
| TA WMC US Growth Service Class |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 1,101,171 | 5.65 | to | 23.81 | 5,968,391 | - | 0.85 | to | 2.50 | 40.53 | to | 38.28 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 1,084,682 | 4.02 | to | 17.22 | 4,228,617 | - | 0.85 | to | 2.50 | (32.09 | ) | to | (33.18 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 1,149,548 | 5.92 | to | 25.77 | 6,666,775 | - | 0.85 | to | 2.50 | 19.36 | to | 17.44 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 1,504,829 | 4.96 | to | 21.94 | 7,069,232 | - | 0.85 | to | 2.50 | 35.78 | to | 33.60 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 1,609,686 | 3.65 | to | 16.42 | 5,630,054 | - | 0.85 | to | 2.50 | 38.50 | to | 36.27 | ||||||||||||||||||||||||||||||||||||||||||||
| Wanger Acorn |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2023 | 261,132 | 5.38 | to | 13.99 | 996,623 | - | 1.05 | to | 2.50 | 20.47 | to | 18.78 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2022 | 344,887 | 4.47 | to | 11.78 | 1,090,331 | - | 1.05 | to | 2.50 | (34.15 | ) | to | (35.09 | ) | ||||||||||||||||||||||||||||||||||||||||||
| 12/31/2021 | 364,302 | 6.78 | to | 18.15 | 1,753,789 | 0.70 | 1.05 | to | 2.50 | 7.77 | to | 6.24 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2020 | 431,564 | 6.29 | to | 17.08 | 1,931,056 | - | 1.05 | to | 2.50 | 22.94 | to | 21.20 | ||||||||||||||||||||||||||||||||||||||||||||
| 12/31/2019 | 508,812 | 5.12 | to | 14.09 | 1,850,801 | 0.26 | 1.05 | to | 2.50 | 29.74 | to | 27.91 | ||||||||||||||||||||||||||||||||||||||||||||
| (1) | See Footnote 1 |
| * | These amounts represent the dividends, excluding distributions of capital gains, received by the subaccount from the Mutual Fund, net of management fees assessed by the fund manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense charges, that are assessed against contract owner accounts either through reductions in the unit values or the redemption of units. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the Mutual Fund in which the subaccounts invest. |
| ** | These amounts represent the annualized contract expenses of the subaccount, consisting primarily of mortality and expense charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the Mutual Fund have been excluded. |
| *** | These amounts represent the total return for the periods indicated, including changes in the value of the Mutual Fund, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. Total returns reflect a full twelve month period and total returns for subaccounts opened during the year have not been disclosed as they may not be indicative of a full year return. Expense ratios not in effect for the full twelve months are not reflected in the total return as they may not be indicative of a full year return. |
101
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
6. Administrative and Mortality and Expense Risk Charges
TLIC deducts a daily administrative charge equal to an annual rate of .15% to .40% of the daily net assets value of each subaccount for administrative expenses. TLIC may also deduct an annual charge during the accumulation phase, not to exceed $30, proportionately from the subaccounts’ unit values. An annual charge ranging from .70% to 3.70% is deducted (based on the death benefit selected) from the unit values of the subaccounts of the Separate Account for TLIC’s assumption of certain mortality and expense risks incurred in connection with the contract. The charge is assessed daily based on the net asset value of the Mutual Fund. Charges for administrative and mortality and expense risk are an expense of the subaccount. Charges reflected above are those currently assessed and may be subject to change. Contract owners should see their actual policy and any related attachments to determine their specific charges.
7. Income Tax
Operations of the Separate Account form a part of TLIC, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code of 1986, as amended (the Code). The operations of the Separate Account are accounted for separately from other operations of TLIC for purposes of federal income taxation. The Separate Account is not separately taxable as a regulated investment company under Subchapter M of the Code and is not otherwise taxable as an entity separate from TLIC. Under existing federal income tax laws, the income of the Separate Account is not taxable to TLIC, as long as earnings are credited under the variable annuity contracts.
102
Transamerica Life Insurance Company
Retirement Builder Variable Annuity Account
Notes to Financial Statements
December 31, 2023
8. Subsequent Events
The Separate Account has evaluated the financial statements for subsequent events through the date which the financial statements were issued. During this period, there were no subsequent events requiring recognition in the financial statements.
9. Related Parties
Transamerica Capital, Inc. (TCI), a wholesaling broker-dealer, is an affiliated entity of TLIC and an indirect wholly owned subsidiary of Aegon N.V. TCI distributes TLIC’s products through broker-dealers and other financial intermediaries.
The subaccounts invest in the mutual funds listed in Footnote 1. These investments include funds managed by Transamerica Asset Management, Inc. (TAM). Transamerica Fund Services, Inc. (TFS) serves as a transfer agent to TAM, and Aegon USA Asset Management Holding, LLC (AAM) serves as a sub-advisor for certain funds managed by TAM. TAM, TFS and AAM are affiliated entities of TLIC and indirect wholly owned subsidiaries of Aegon N.V. Funds managed by TAM are identified by their fund name, which includes reference to Aegon, Transamerica or both. The Separate Account pays management fees to the related funds as detailed in the fund prospectus.
No charges other than those disclosed in Footnote 6 are deducted for the service rendered by related parties.
Contract owners may transfer funds between available subaccount options within the Separate Account. These transfers are performed at unit value at the time of the transfer.
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