Retirement Plan Administrator
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The San Diego County Regional Airport Authority is soliciting proposals for a Retirement Plan Administrator to manage its 401(a) Defined Contribution and 457 Deferred Compensation Plans. The selected firm will be responsible for plan administration, record keeping, participant education, communications, and investment-related services. The scope of work requires the contractor to provide the necessary personnel, systems, and expertise to ensure compliance with plan documents, federal tax laws, and state and local regulations. Key deliverables include the establishment of mutually agreed service standards, the maintenance of internal controls for auditing, and the provision of comprehensive data and asset-transfer support upon contract termination. Proposals will be evaluated based on firm strength and experience, the quality of record keeping and data security, and the effectiveness of participant services. The contract includes a base term with an option for two one-year extensions at the discretion of the President/CEO. Administrative requirements include monthly invoicing with detailed task documentation and a notification trigger when 75% of the total compensation is expended. Compliance mandates include adherence to Title VI of the Civil Rights Act, the Occupational Safety and Health Act, and specific cybersecurity best practices from the SPARK Institute. Additionally, the Authority provides preferences for small, veteran-owned, and local businesses, requiring specific certifications for eligibility.
General Info
Place of Performance
P.O. Box 82776 San Diego, California 92138, CA, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
Full Description
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