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RFP for Retirement Plan Administration and Record Keeping Services

ID: 349533 • State: California

Description

The City of Oakland, Human Resource Management Department, is seeking proposals from qualified firms to provide retirement plan administration, record keeping, education, communications, investment-related, and other services for the 457(b) Deferred Compensation Plan and OBRA-Part-time, Seasonal,...
Background
The City of Oakland's Human Resource Management Department is seeking proposals from qualified firms to provide comprehensive retirement plan administration and record keeping services. The goal of this contract is to support the 457(b) Deferred Compensation Plan, OBRA-Part-time, Seasonal, Temporary Plan, and Retirement Health Savings Plan. This ensures effective management and communication regarding these retirement benefits.

Work Details
The contractor will be responsible for providing the following services:
- Retirement plan administration
- Record keeping
- Education and communication related to the plans
- Investment-related services
- Any additional services necessary for effective management of the retirement plans.

This includes ensuring compliance with applicable regulations and providing support to plan participants.

Period of Performance
The contract will commence on the open date of 25-April-2025 and will continue until the close date of 16-May-2025, with specific terms for performance duration not explicitly stated.

Place of Performance
The services will be performed at the City of Oakland's Human Resources Programs office located at 150 Frank Ogawa Plaza, 2nd Floor, Oakland, CA 94612, United States.

Bidder Requirements
Bidders must be qualified firms capable of providing the specified retirement plan administration and record keeping services. There are no specific set-aside certifications or local requirements mentioned in the solicitation.

Overview

Opportunity Type
RFQ
Opportunity ID
349533
Response Deadline
May 16, 2025 Due in 6 Days
Date Posted
April 25, 2025
Est. Value Range
Experimental
$500,000 - $2,000,000 (AI estimate)
Agency Distribution
Moderate
Source
Source Notes
Source does not have a linkable page for this opportunity. To find the opportunity, go to the Source website listed above and search for the Opportunity ID.
On 4/25/25 City of Oakland in California issued RFQ Retirement Plan Administration and Record Keeping Services with ID 349533 due 5/16/25.

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