ESBD_554002_1787849181362_RFP260101 403b Retirement Plan Services, 8-27-26.pdf

This is a Request for Proposal (RFP) issued by the Education Service Center Region 4 (ESC 4) in Texas for comprehensive 403b retirement plan services. The procurement seeks qualified vendors to provide administration, compliance, investment management, and recordkeeping services for a 403b retirement plan covering educators and school employees across participating districts. The RFP requires vendors to demonstrate expertise in plan design, employee education, regulatory compliance with IRS and Department of Labor requirements, and customer service capabilities. Proposals are due on August 27, 2026, with a planned award date following the evaluation period. The contract term spans multiple years with renewal options to be negotiated based on vendor performance and continued service requirements.

Pricing for this engagement will be submitted on a fee basis with details to be evaluated during proposal review; specific pricing structures may include per-participant fees, asset-based fees, or flat administrative fees depending on vendor proposals. The procurement includes no specific set-asides mentioned in the available documentation. ESC 4 acts as the contracting entity on behalf of member school districts, aggregating demand across a multi-district consortium to achieve cost efficiency and standardized service delivery. Vendors must be prepared to transition existing plan services if replacing an incumbent provider and demonstrate financial stability and regulatory compliance history. Funding for these services derives from participant contributions, employer contributions, and service fees charged to plan participants or their sponsoring school districts.