Defined Contribution Consulting and Auditing Services
Active State & local contract Michigan Awarded
- Contract number
- MA260000000430
- Awardee
- THE SEGAL COMPANY -EASTERN STATES- INC
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $1,302,500
- End date
- Points of contact
-
- Bethany Preston prestonb2@michigan.gov (855) 647-4724
- John Schiller schillerj@michigan.gov (517) 284-4568
Contract details come from michigan.gov. Updated .
About this contract
The Segal Company—Eastern States, Inc. provides comprehensive defined contribution consulting and auditing services under this indefinite delivery vehicle, serving the State of Michigan's 401(k) and 457 deferred compensation plans. Procurable services include legislative and regulatory compliance consulting, request for proposal (RFP) development and bid evaluation for recordkeeper and custodial services contracts, annual compliance audits, actuarial review services, and investment analysis. These services support the administration and oversight of defined contribution plans serving approximately 243,000 and 197,000 participants respectively, with combined assets of approximately $16.2 billion.
The Segal Company—Eastern States, Inc. serves as the prime contractor under this IDV, which is administered by the State of Michigan Department of Technology, Management and Budget. The contract became effective on May 7, 2026, with a completion date of April 30, 2029, and includes two optional one-year renewal periods at the State's sole discretion. The estimated contract value at execution is $1,302,500, with firm pricing throughout the contract term, including unit pricing of $55,000 per RFP activity and $75,000 per annual compliance audit, supplemented by hourly rates ranging from $475 to $550 for consulting and auditing personnel. Coverage extends statewide across Michigan under the Department of Technology, Management and Budget contract type.
Files
| File | Type | Posted |
|---|---|---|
| 260000000430.pdf |
Quick answers
Who holds contract MA260000000430?
Contract MA260000000430 was awarded to THE SEGAL COMPANY -EASTERN STATES- INC by Department Technology, Management and Budget in Michigan on May 7, 2026.
How much is contract MA260000000430 worth?
Its cumulative value is $1,302,500.
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