Third Party Administrator Services

The Vendor is required to provide a third-party administrator vendor to oversee the implantation of IRS code section 125 (flexible spending accounts for medical and dependent care), section 132 (commuter benefit plan), and section 105 (healthcare reimbursement arrangement accounts) for its eligible employees and retirees.
- Flexible Spending Accounts (FSA) that are in compliance with Internal Revenue Code Section 125. 
•    Approximately 6,300 current employees are eligible to participate in this plan. 
•    About 530 current employees participate in the health FSA and 60 participate in the Dependent Care FSA. 
•    These plans run from January 1st to December 31st.
- Health Reimbursement Arrangement (HRA) plans that are in compliance with Internal Revenue Code Section 132. 
•    District has 43 current Exempt employees who are eligible for HRA, specific to dental and vision expenses only. This specific plan begins every July 1st and needs to have an immediate rollover of funds from the prior year.
•    The amounts and transfer of funds to those accounts take place in March, allowing those retirees access to those funds April 1st. These are rollover accounts with immediate rollover accessibility.
- Commuter Benefit Plans that are in compliance with Internal Revenue Code Section 105. 
•    District has approximately 1,750 employees eligible to participate in this plan. 
•    Approximately 60 employees currently participate in the Parking Reimbursement plan and 10 participate in Transit Reimbursement plan. 
•    Both plans offer either reimbursement through check or through a TPA provided benefit card. 
•    Commuter Benefit Plans must have immediate rollover accessibility.

- Contract Period/Term: 1 year
- Intent to Bid Due Date: October 10, 2025
- Questions/Inquires Deadline: September 29, 2025