This Solicitation opportunity from California was posted on May 8, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Recordkeeper for deferred compensation - 457(b) and 401(a) plans
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
Active Opportunities Like This One
AI Contract Overview
Sacramento County is seeking qualified firms to provide comprehensive record-keeping, participant education, and administrative services for its 457(b) and 401(a) deferred compensation plans. The scope includes managing participant enrollment, offering educational resources, custodial trustee services, regulatory compliance support, and enhancing overall plan communication and reporting capabilities. The county aims to improve participant outcomes and financial wellness by providing a competitive, user-friendly platform that supports various investment options, including collective trusts and separate accounts, and accommodates features such as catch-up contributions, super catch-up contributions, and in-service credit purchases through the Sacramento County Employees’ Retirement System. The contract emphasizes data security, accountability, and performance metrics, with a focus on strategic asset mapping to age-appropriate default funds and robust digital experiences for both plan sponsors and participants. The project, with an estimated value between $500,000 and $2,000,000, is part of a solicitation process that closes on June 21, 2024. The county seeks a partner capable of delivering innovative solutions that enhance participant engagement, streamline administrative functions, and provide detailed reporting, including for part-time, seasonal, and temporary employees. The selected vendor will also be expected to develop a comprehensive transition plan if necessary, including education campaigns for plan conversion. The primary contact for this procurement is Alice Krueger, and further details are available through the county’s procurement portal.
General Info
Agency
Place of Performance
CA, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
Earlier notices in this NAICS code
Posted before this notice, open and closed
Find Active Opportunities Like This
Get AI-powered intelligence on the opportunities still open
Every page of the solicitation package shredded into a compliance breakdown
AI-powered matching based on your capabilities and past performance
Competitor and incumbent history on the requirement
Automated alerts on amendments, Q&A deadlines, and award
Join 750+ contractors already using CLEATUS
