Retirement Program Services

Solicitation # ADM005
Posted 7/24/25, 2:00 AM
No Updates
Due 8/25/25, 9:00 PM
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The Arvada Fire Protection District is conducting a Request for Proposal (RFP) for retirement program services specifically targeting administrative staff, seeking qualified firms to provide comprehensive 401(a) and 457(b) retirement plan solutions. The procurement is located in Jefferson County, Colorado, and aims to evaluate potential plan providers to ensure competitive, compliant, and high-value retirement offerings for approximately 250 administrative employees. Potential proposers may submit options including Defined Benefit Plans, Defined Contribution Plans, 401(a) Money Purchase Plans, 457(b) Deferred Compensation Plans, or hybrid retirement plan configurations. The RFP emphasizes requirements for strong investment options, transparent fee structures, participant education, and administrative services. Key evaluation criteria will include demonstrated public sector experience, plan services alignment, investment performance, fee structures, participant communication strategies, and implementation approaches. The proposal submission deadline is August 25, 2025, with a targeted award date of September 22, 2025. Proposers must demonstrate expertise in public sector retirement plan management and provide comprehensive plan design and administration capabilities.

The RFP does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. The current retirement plan is transitioning from One America to Voya in Q4 of 2025, indicating an existing infrastructure that will require careful integration and data migration. The procurement explicitly excludes services for sworn line personnel, who are currently covered under the Fire and Police Pension Association (FPPA) of Colorado. While specific budget ranges are not disclosed, the scope suggests a comprehensive retirement plan serving approximately 250 administrative staff members, which implies a potentially significant contract value. The selected vendor will be expected to provide robust participant enrollment processes, plan compliance support, secure data integration, and ongoing investment menu design and performance monitoring. Proposers should have extensive experience with public sector retirement plan administration and the ability to deliver a turnkey retirement solution that meets the district's comprehensive needs.

Generated 7/24/25, 7:16 PM