457(b) Recordkeeping and Plan Administration Services

The City of Brookside Village is seeking a subcontractor to provide 457(b) Recordkeeping and Plan Administration Services for a deferred compensation plan serving prime contractors on retirement projects. The selected provider will be responsible for the daily operational management of the plan, including the maintenance of participant accounts and the processing of contributions, loans, and distributions. Key technical requirements include the delivery of an operational recordkeeping system, the mapping of investment elections and Roth balances during provider conversion, and updating plan documents to ensure compliance with SECURE 2.0 provisions. To ensure data security and operational integrity, the contractor must maintain cybersecurity standards aligned with the NIST CSF and provide SOC 1 and SOC 2 Type 2 reports. This opportunity was posted on October 8, 2026, with a response deadline of November 4, 2026. The services fall under NAICS code 518111 and are managed through the Texas state procurement system.