Exhibit 1 - Plan Demographics and Employer Information.pdf

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Attached to
DMS-2425-199, (SUSORP and SMSOAP)
Solicitation number
ITN-12499
Issued by
Alachua County, Graceville City, Florida

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Written by GovTribe AI ·

This document is an Exhibit 1 Demographics report for the Florida Department of Management Services, covering the State University System Optional Retirement Program (SUSORP) and the Senior Management Service Optional Annuity Program (SMSOAP). The exhibit provides comprehensive demographic and financial information for multiple state universities and agencies as of December 31, 2024, detailing membership, eligibility, contribution activities, and plan assets across various financial vendors including Corebridge Financial, Equitable, TIAA, and Voya.

The report reveals significant financial details, including total eligible employees of 62,062 for the State University System, with 19,019 members participating and 43,043 eligible but not participating. Contribution activities for 2023 and 2024 show total contributions ranging from $223,649,346.03 to $226,822,375.71, with a breakdown of voluntary and mandatory employee contributions and employer contributions. Plan assets as of 12/31/2024 total $8,265,248,200.21, with TIAA holding the largest share at $5,254,020,079.57. The document also lists detailed campus locations for multiple Florida universities, including the University of Florida, Florida State University, Florida A&M University, and others, providing a comprehensive overview of the state's higher education retirement program infrastructure.

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Other files

File Type Posted
Attachment A - SUSORP Plan Document 03-25-2022 w signature.pdf PDF
Attachment C - Deliverables and Performance Measures.pdf PDF
Attachment F - Quarterly Authorized Product Performance and Fee Report.pdf PDF
Attachment G - Investment Policy Statement 1-16-2020 signed.pdf PDF
Attachment J - Distribution Authorization File Format.pdf PDF
Attachment B - Statement of Work.pdf PDF
Attachment J - Distribution Authorization File Format.pdf PDF
Attachment K - Remittance File Format.pdf PDF
Exhibit 2 - Investment Lineup Information and Related Fees.xlsx XLSX spreadsheet
Exhibit 3 - Cost Reply.docx DOCX document
Exhibit 5 - Draft Contract.pdf PDF
ITN DMS-2425-199 - SUSORP and SMSOAP.pdf PDF
Attachment I - Quarterly Reconciliation Report File Format.pdf PDF
Attachment K - Remittance File Format.pdf PDF
Attachment L - Non-Disclosure Agreement.pdf PDF
Questions-and-Answers.DMS-2425-199.pdf PDF
Additional-Questions-and-Answers.DMS-2425-199.pdf PDF
Attachment E - Quarterly Assets Under Management Report Format.pdf PDF
Attachment G - Investment Policy Statement 1-16-2020 signed.pdf PDF
Attachment H – Quarterly Performance Metrics Report Format.pdf PDF
Attachment J - Distribution Authorization File Format.pdf PDF
Attachment K - Remittance File Format.pdf PDF
Exhibit 3 - Cost Reply.docx DOCX document
Exhibit 4 - Technical Questions.xlsx XLSX spreadsheet
ITN DMS-2425-199 - SUSORP and SMSOAP.pdf PDF
Attachment C - Deliverables and Performance Measures.pdf PDF
Attachment K - Remittance File Format.pdf PDF
Exhibit 4 - Technical Questions.xlsx XLSX spreadsheet
Revised Exhibit 1 - Plan Demographics and Employer Information (Updated).xlsx XLSX spreadsheet
Attachment D - Weekly Distribution Report File Format.pdf PDF
Attachment F - Quarterly Authorized Product Performance and Fee Report.pdf PDF
Attachment I - Quarterly Reconciliation Report File Format.pdf PDF
Exhibit 4 - Technical Questions.xlsx XLSX spreadsheet
Revised Exhibit 1 - Plan Demographics and Employer Information (Updated).xlsx XLSX spreadsheet
Attachment C - Deliverables and Performance Measures.pdf PDF
Attachment E - Quarterly Assets Under Management Report Format.pdf PDF
Attachment F - Quarterly Authorized Product Performance and Fee Report.pdf PDF
Attachment G - Investment Policy Statement 1-16-2020 signed.pdf PDF
Attachment H – Quarterly Performance Metrics Report Format.pdf PDF
Attachment J - Distribution Authorization File Format.pdf PDF
Exhibit 2 - Investment Lineup Information and Related Fees.xlsx XLSX spreadsheet
Exhibit 4 - Technical Questions.xlsx XLSX spreadsheet
Exhibit 6 - PUR 7801 (Vendor Certification Form) final 8-26-24.docx DOCX document
Exhibit 7 - Additional Questions.xlsx XLSX spreadsheet
ITN DMS-2425-199 - SUSORP and SMSOAP.pdf PDF
Revised Exhibit 1 - Plan Demographics and Employer Information (Updated).xlsx XLSX spreadsheet
Addendum1.pdf PDF
Attachment F - Quarterly Authorized Product Performance and Fee Report.pdf PDF
Exhibit 7 - Additional Questions.xlsx XLSX spreadsheet
Questions-and-Answers.DMS-2425-199.pdf PDF
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EXHIBIT 1

SUSORP DEMOGRAPHICS

Number of eligible members participating 19,019 Number of eligible, not participating 43,043 Participants with a balance 58,001 Total eligible employees 62,062

The University of Florida 27,402 Florida Polytechnic University 220 The Florida State University 5,634 Florida A&M University 1,544 The University of Central Florida 4,344 University of South Florida 6,517 New College of Florida 271 Florida Atlantic University 8,174 University of West Florida 407 Florida International 4,654 The University of North Florida 1,491 Florida Gulf Coast University 1,404 Total 62,062

Employee contributions (voluntary) $47,861,521.92 Employee contributions (mandatory) $64,778,990.62 Employer contributions $111,008,833.49 Total $223,649,346.03

Employee contributions (voluntary) $48,835,559.70 Employee contributions (mandatory) $65,596,579.54 Employer contributions $112,390,236.47 Total $226,822,375.71

Corebridge Financial $1,113,417,101.85 Equitable $50,276,135.17

TIAA $5,254,020,079.57

Voya $1,847,534,883.62 Total $8,265,248,200.21

Corebridge Financial $921,085,297.67 Equitable $0.00

TIAA $2,393,905,403.85

Voya $0.00 Total $3,314,990,701.52

Contribution Activity (2024)

Plan Assets by Vendor (as of 12/31/2024)

Mappable Plan Assets by Vendor (as of 12/31/2024)

Florida Department of Management Services

State University System Optional Retirement Program

Membership and Eligibility (as of 12/31/2024)

Eligible Positions by University

Contribution Activity (2023)

DMS-24/25-199 Page 1 of 9

SUSORP DEMOGRAPHICS

Florida Department of Management Services

State University System Optional Retirement Program

Corebridge Financial 8,637 Equitable 0

TIAA 19,664

Voya 0 Total 28,301

Number of separate payroll sites 1 Number of payroll feeds per year 26 Disbursement frequency Bi-weekly

Number of Members with Mappable Balances by Vendor (as of 12/31/2024)

Payroll Information

DMS-24/25-199 Page 2 of 9

SMSOAP DEMOGRAPHICS

Number of members participating 5

Number of members with a balance 213

Justice Administrative Commission 1

Office of State Courts 2

Department of Veterans Affairs 2

Total 5

Employee contributions (voluntary) $12,540.00

Employee contributions (mandatory) $27,141.14

Employer contributions $56,724.68

Total $96,405.82

Employee contributions (voluntary) $297.19

Employee contributions (mandatory) $18,997.46

Employer contributions $39,704.60

Total $58,999.25

Corebridge Financial $1,688,482.69

Equitable $0.00

TIAA $154,488.84

Voya $11,990,790.68

Total $13,833,762.21

Corebridge Financial $0.00

Equitable $0.00

TIAA $154,488.84

Voya $0.00

Total $154,488.84

Contribution Activity (2024)

Plan Assets by Vendor (as of 12/31/2024)

Mappable Plan Assets by Vendor (as of 12/31/2024)

Florida Department of Management Services

Senior Management Service Optional Annuity Program

Membership (as of 12/31/2024)

Eligible Employees by State Agency

Contribution Activity (2023)

DMS-24/25-199 Page 3 of 9

SMSOAP DEMOGRAPHICS

Florida Department of Management Services

Senior Management Service Optional Annuity Program

Corebridge Financial 0

Equitable 0

TIAA 2

Voya 0

Total 2

Number of separate payroll sites 1

Number of payroll feeds per year 26

Disbursement frequency Bi-weekly

Number of Members with Mappable Balances by Vendor (as of 12/31/2024)

Payroll Information

DMS-24/25-199 Page 4 of 9

AGENCY LOCATIONS

University Name Campus Name Campus Address Campus City, State Campus Zip

Code

University of Florida MAIN CAMPUS SW 13TH STREET GAINESVILLE, FL 32611

University of Florida PKY LAB SCHOOL 1080 SW 11TH STREET GAINESVILLE, FL 32601

University of Florida WRUF RADIO SW 8TH AVENUE GAINESVILLE, FL 32608

University of Florida WUFT TV TOWER NW 53RD AVENUE GAINESVILLE, FL 32606

University of Florida TREEO CENTER 3900 SW 63RD BLVD GAINESVILLE, FL 32608

University of Florida GVILLE DOCE 2209 NW 13TH ST GAINESVILLE, FL 32608

University of Florida EASTSIDE COMMUNITY PRACTICE 410 NE WALDO RD GAINESVILLE, FL 32641

University of Florida TANGLEWOOD NW 13TH STREET GAINESVILLE, FL 32601

University of Florida WILES SCHOOL 4601 SW 63RD BLVD GAINESVILLE, FL 32608

University of Florida WALDO ROAD FDOT 2006 NE WALDO ROAD GAINESVILLE, FL 32609

University of Florida TACACHALE 1621 NE WALDO ROAD GAINESVILLE, FL 32602

University of Florida SAND HILL 2610 SW 23RD TERR GAINESVILLE, FL 32608

University of Florida AUSTIN CARY 10625 NE WALDO ROAD GAINESVILLE, FL 32609

University of Florida BEEF RESEARCH UNIT 9800 N CR 255 GAINESVILLE, FL 32609

University of Florida DAIRY RESEARCH CR-237 HAGUE, FL 32615

University of Florida WALL PROPERTY SW 23RD STREET GAINESVILLE, FL 32608

University of Florida

MILLHOPPER HORTICULTURE

UNIT MILLHOPPER ROAD GAINESVILLE, FL 32653

University of Florida LAKE WAUBURG US 441 SOUTH GAINESVILLE, FL 32667

University of Florida ECHELON PARK US 441 NORTH ALACHUA, FL 32615

University of Florida

SANTA FE RIVER RANCH BEEF

UNIT 14202 NW 294TH AVE SANTA FE, FL 32615

DMS-24/25-199 Page 5 of 9

University Name Campus Name Campus Address Campus City, State Campus Zip

Code

University of Florida BAY COUNTY VARIOUS PANAMA CITY, FL 32615

University of Florida LAUDERDALE FLREC 3205 COLLEGE AVE FT. LAUDERDALE, FL 33314

University of Florida

GRADUATE ENG & RESEARCH

CTR 1350 N POQUITO RD SHALIMAR, FL 32579

University of Florida CAMP TIMPOOCHEE 4750 TIMPOOCHEE LANE NICEVILLE, FL 32578

University of Florida MREC APOPKA 2725 BINION RD APOPKA, FL 32703

University of Florida DISTRICT OF COLUMBIA VARIOUS WASHINGTON, DC 20001

University of Florida IMMOKALEE SWFREC 2686 SR 29 N IMMOKALEE, FL 34142

University of Florida TREC HOMESTEAD 18905 SW 280 ST HOMESTEAD, FL 33031

University of Florida OBSERVATORY CR-349 OLD TOWN, FL 32680

University of Florida WHITNEY LABORATORY 9505 OCEAN SHORE BLVD ST. AUGUSTINE, FL 32080

University of Florida NFREC QUINCY 155 RESEARCH ROAD QUINCY, FL 32351

University of Florida THOMAS FARM CR129/CR138 BELL, FL 32619

University of Florida RCREC ONA 3401 EXPERIMENT DRIVE ONA, FL 33865

University of Florida STARS 22271 CHINSEGUT HILL ROAD BROOKSVILLE, FL 34601

University of Florida CAMP CLOVERLEAF 126 CLOVERLEAF RD LAKE PLACID, FL 33852

University of Florida GCREC - DOVER 13138 LEWIS GALLAGHER RD DOVER, FL 33527

University of Florida AREC RUSKIN 2525 14TH AVE SE RUSKIN, FL 33570

University of Florida FL MEDICAL ENTOMOLOGY LAB 200 9TH ST SE VERO BEACH, FL 32962

University of Florida NFREC MARIANNA 3925 HWY 71 MARIANNA, FL 32446

University of Florida NFREC MONTICELLO ROUTE 4 BOX 4092 MONTICELLO, FL 32344

DMS-24/25-199 Page 6 of 9

University Name Campus Name Campus Address Campus City, State Campus Zip

Code

University of Florida OCALA 4-H CAMP 18533 NFS 535 ALTOONA, FL 32702

University of Florida OBSERVATORY 4551 NE 110 AV BRONSON, FL 32621

University of Florida SEAHORSE KEY MARINE LAB SEAHORSE KEY CEDAR KEY, FL 32625

University of Florida CHERRY LAKE 4-H CAMP 3861 NE CHERRY LAKE CIRCLE MADISON, FL 32340

University of Florida GCREC BRADENTON 5007 60TH ST BRADENTON, FL 34203

University of Florida HORSE RESEARCH CENTER 2655 NW 100TH ST OCALA, FL 34475

University of Florida PINE ACRES UNIT - CITRA 2556 W HWY 318 CITRA, FL 32113

University of Florida EREC BELLEGLADE 3200 E PALM BEACH RD BELLE GLADE, FL 33430

University of Florida CREC LK ALFRED 700 EXPERIMENT STATION RD LAKE ALFRED, FL 33850

University of Florida ARC HASTINGS - REC PO BOX 728 HASTINGS, FL 32045

University of Florida IRREC FT PIERCE 2199 S ROCK ROAD FT. PIERCE, FL 34945

University of Florida WFREC JAY 4253 EXPERIMENT DR JAY, FL 32565

University of Florida NFREC SUWANNEE VALLEY 7580 COUNTY ROAD 136 LIVE OAK, FL 32060

Florida Polytechnic University Florida Polytechnic University 4700 Research Way Lakeland, FL 33880

Florida Polytechnic University Florida Polytechnic University 3425 Winter Lake Rd. Lakeland, FL 33803

Florida Polytechnic University

FIPR Institute (FL Industrial and

Phosphate Research Institute) 1855 W Main St Bartow, FL 33830

Florida State University Tallahassee Campus 600 W College Ave Tallahassee, FL 32306

Florida State University Panama City Campus 4750 Collegiate Dr Panama City, FL 32405

Florida A&M University

Main Campus 1700 Lee Hall Drive Tallahassee, FL 32307

Florida A&M University

College of Law 201 FAMU Law Lane Orlando, FL 32801

DMS-24/25-199 Page 7 of 9

University Name Campus Name Campus Address Campus City, State Campus Zip

Code

Florida A&M University

Brooksville Agricultural

Environmental Research 22271 Chinsegut Hill Road Brooksville, FL 34601

Florida A&M University

Durell Peaden, Jr. Rural Education

Campus 153 W Woodruff Ave Crestview, FL 32536

Florida A&M University

Central FL Pharmacy Tampa 3500 E Fletcher Ave, Suite 133 Tampa, FL 33613

Florida A&M University

NE FL Pharmacy Jacksonville 250 Art Museum Drive, Suite 200 Jacksonville, FL 32207

Florida A&M University

South FL Pharmacy 10650 State Road 84, Suite 200 Davie, FL 33324

Florida A&M University

Research Extension Center Quincy

Farms 4259 Bainbridge Hwy Quincy, FL 32352

University of Central Florida UCF 12201 Research Parkway, Suite 200 Orlando, Florida 32826

University of South Florida

University of South Florida – Tampa

Campus 4202 E. Fowler Avenue, SVC 2172 Tampa, Florida 33620

University of South Florida

University of South Florida – St.

Petersburg Campus 140 7th Avenue South St. Petersburg, Florida 33701

University of South Florida

University of South Florida –

Sarasota-Manatee Campus 8350 N. Tamiami Trail Sarasota, Florida 34234

New College of Florida

New College of Florida 5800 Bay Shore Road Sarasota, FL 34243

Florida Atlantic University Boca Raton Campus 777 Glades Road Boca Raton, FL 33431

Florida Atlantic University Jupiter Campus 5353 Parkside Drive Jupiter, FL 33458

Florida Atlantic University Davie Campus 3200 College Avenue Davie, FL 33314

Florida Atlantic University Harbor Branch Campus 5600 US 1 North Fort Pierce, FL 34946

Florida Atlantic University Fort Lauderdale Campus 111 East Las Olas Blvd. Fort Lauderdale, FL 33301

Florida Atlantic University Dania Beach (SeaTech) Campus 101 North Beach Road Danian Beach, FL 33004

University of West Florida Pensacola Main 11000 University Pkwy Pensacola, FL 32514

University of West Florida Emerald Coast Campus 1170 Martin Luther King Jr. Blvd Fort Walton Beach, FL 32547

Florida International University Modesto A. Maidique Campus 11200 S.W. 8th Street Miami, Florida 33199

DMS-24/25-199 Page 8 of 9

University Name Campus Name Campus Address Campus City, State Campus Zip

Code

Florida International University Biscayne Bay Campus 3000 NE 151st

Street North Miami, Florida 33181

Florida International University Engineering Center 10555 West Flagler Street Miami, Florida 33174

Florida International University FIU Downtown on Brickell 1101 Brickell Ave Miami, Florida 33131

Florida International University FIU at I-75 1930 SW 145th Avenue Miramar, Florida 33027

Florida International University FIU in DC 601 New Jersey Ave NW Washington, D.C. 20001

Florida International University Miami Beach Urban Studios 420 Lincoln Rd. Suite 440 Miami Beach, Florida 33139

Florida International University Jewish Museum of Florida 301 Washington Avenue Miami Beach, Florida 33139

Florida International University The Wolfsonian–FIU 1001 Washington Avenue Miami Beach, Florida 33139

Florida International University Aquarius Reef Base 85932 Overseas Highway Islamorada, Florida 33036

Florida International University FIU in Genoa, Italy

Convento di S. Maria di Castello Salita di

S. Maria di Castello, 15 16123 Genova GE, Italy N/A

University of North Florida

UNF Main Campus 1 UNF Drive Jacksonville, FL 32224

University of North Florida

Center for Entrepreneurship &

Innovation – Deerwood 9911 Old Baymeadows Road Jacksonville, FL 32256

University of North Florida

Florida Institute of Education 12000 Alumni Drive Jacksonville, FL 32224

University of North Florida

Museum of Contemporary Art

Jacksonville 333 North Laura Street Jacksonville, FL 32202

University of North Florida

Small Business Development Center at UNF 12000 Alumni Drive Jacksonville, FL 32224

University of North Florida

UNF MedNexus – Palm Coast 145 City Place Palm Coast, FL 32164

University of North Florida

UNF MedNexus – Deerwood 9911 Old Baymeadows Road Jacksonville, FL 32256

Florida Gulf Coast University Florida Gulf Coast University 10501 FGCU Blvd South Fort Myers, FL 33965

DMS-24/25-199 Page 9 of 9

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