403b Retirement Plan Services

Education Service Center Region 4 (ESC 4) in Texas is requesting proposals for comprehensive 403b retirement plan services covering educators and school employees across participating member districts, with proposals due November 9, 2026.

The scope includes plan administration, compliance, investment management, and recordkeeping services. Vendors must demonstrate expertise in plan design, employee education, and regulatory compliance with IRS and Department of Labor requirements, along with customer service capabilities. The procurement aggregates demand across a multi-district consortium to achieve cost efficiency and standardized service delivery.

Pricing will be submitted on a fee basis; the RFP indicates that structures may include per-participant fees, asset-based fees, or flat administrative fees, with specific pricing to be evaluated during proposal review. The contract term spans multiple years with renewal options to be negotiated based on vendor performance and continued service requirements. Funding derives from participant contributions, employer contributions, and service fees charged to plan participants or sponsoring school districts.

Vendors must demonstrate financial stability and regulatory compliance history and be prepared to transition existing plan services if replacing an incumbent provider. The evaluation period follows the proposal deadline, with a planned award date to be determined after review. No set-asides are specified in the available documentation.