Plan Providers 403(b) and 457(b)
Closed State & local contract opportunity Posted
- Solicitation number
- RFP-121245
- State
- Virginia
- Responses due
Opportunity facts
- Jurisdiction
- Point of contact
-
- Linda Bates lindabates@spsk12.net (757) 925-6762
Opportunity details come from mvendor.cgieva.com. Updated .
About this opportunity
Suffolk Public Schools is requesting proposals for Plan Providers for 403(b) and 457(b) retirement plans, with proposals due June 11, 2026.
The scope encompasses administrative management, investment-option curation, and participant services for both supplemental retirement savings plans (403(b)) and deferred compensation plans (457(b)) serving the school district's eligible employees. Proposers must comply with Internal Revenue Service regulatory standards and applicable Virginia state law. The RFP evaluation criteria and specific service-level requirements are detailed in the attached RFP document (1962-P Plan Providers, 403(b) and 457(b)).
Pricing structures are expected to include per-participant fees, asset-based fees, or flat administrative fees, submitted by proposers within their proposals. Contract term and renewal options will be negotiated with the selected provider or providers based on service-delivery needs and performance expectations. The school district seeks to optimize cost efficiency while maintaining service quality to plan participants.
Opportunity text
Suffolk Public Schools is requesting proposals for Plan Providers for 403(b) and 457(b) plans
Files
| File | Type | Posted |
|---|---|---|
| 1962-P Plan Providers, 403(b) and 457(b).pdf |
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