Retirement Program Services

The Vendor is required to provide a 401(a) plan and 457(b) deferred compensation retirement plan for its administrative (non-line) employees.
- Evaluate potential plan providers to ensure the best possible value, investment performance, and support for both the district and participating employees.
- Proposals may include options such as:
•    Defined Benefit Plan
•    Defined Contribution Plan
•    401(a) Money Purchase Plans
•    457(b) Deferred Compensation Plans
•    Hybrid or other qualified retirement plan options
- Valuate its current retirement offerings for administrative personnel to ensure competitiveness, alignment with workforce needs, and long-term.
- Providers to continue or replace the existing 401(a) & 457(b) plans with a solution that offers:
•    Strong investment options,
•    Transparent and competitive fee structures,
•    Comprehensive participant education and support,
•    And a high level of administrative and fiduciary service. 
- Responsible for:
•    Plan recordkeeping and administration
•    Third Party Administration (TPA) services
•    Investment menu design and performance monitoring
•    Participant enrollment, education, and communication
•    Plan compliance and fiduciary support
•    Secure data integration and reporting
•    Coordination of plan transition (if applicable).

- Questions/Inquires Deadline: August 08, 2025