Supplemental Retirement Program

This is a Request for Information (RFI) for 1) Industry comments and a critique of the SOW, 2) Capability Statements that also address why each vendor is NOT under the purview of SEC's regulatory authority, and 3) A Rough Order of Magnitude (ROM) based on a fee per account or in accordance with industry standards. This is not a request for a proposal. Please submit all information to Debora Coreas at email coreasd@sec.gov and (cc) Regina Mumford-Rush at mumford-rushr@sec.gov. The U.S. Securities and Exchange Commission ("SEC") is looking for a vendor that will establish and administer a vehicle to enroll eligible SEC employees in a qualified supplemental retirement plan, Simplified Employee Pension "SEP" plan. The vendor will establish the supplemental retirement plan accounts for employees and act as custodian of the accounts. The SEC will deposit contributions to the supplemental retirement plan for all eligible employees on a bi-weekly basis. In addition, the vendor should have the ability to accept any additional discretionary payments that the agency makes. Contributions will be subject to the Internal Revenue Service (IRS) maximum elective deferral limits and any other applicable laws and regulations governing retirement plans. The SEC will fund all contributions via electronic wire transfer. The vendor must stipulate any associated fees for acceptance of such wire transfers. The contractor should be an institution that does not fall under the purview of SEC's regulatory authority. The contractor should be fully insured by the appropriate regulator (e.g. FDIC, NCUA). The contractor must be able to offer regional coverage for multiple SEC locations.