Town of Telluride Retirement Plan Administration Services

The Town of Telluride, located in Colorado, has issued a Request for Qualifications (RFQ) for retirement plan administration services for its employee retirement plans, specifically targeting firms with expertise in managing 401(a) defined contribution and 457(b) voluntary contribution plans. The procurement seeks a highly qualified vendor to provide comprehensive services including plan administration, fiduciary oversight, recordkeeping, compliance, customer service, and employee education for approximately $8 million in total plan assets. Key deliverables include strategic guidance, participant support, and adherence to evolving regulatory requirements. Evaluation criteria will encompass the firm's experience in public-sector retirement plan services, fiduciary compliance, technology platforms, customer service capabilities, cost transparency, and references. The RFQ was released on August 20, 2025, with proposals due electronically by 5:00 PM MST on September 22, 2025, to Julia Prejs, Human Resources Director. The selection process includes interviews scheduled for October 7-9, 2025, with a final selection anticipated on October 15, 2025, and agreement execution targeted for October 30, 2025.

There are no specific set-aside designations or restrictions mentioned for disadvantaged enterprises in this procurement. The town requires the selected firm to be an independent contractor prepared to work within their standard agreement template. The RFQ emphasizes the need for strong cybersecurity practices, compliance with Colorado accessibility laws, and multi-language support. While no incumbent vendor is identified, the successful firm must demonstrate capabilities in managing comprehensive retirement plan services for municipal governments. The total plan assets of $8 million suggest a potential contract value that would be commensurate with the complexity and scope of services required. Proposing firms must provide detailed information about their capabilities, technology platforms, fee structures, and compliance history to be considered for this retirement plan administration services contract.