Posted Date : March 12,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : UNCT-10621
Government Authority located in Memphis, Tennessee; USA based organization looking for expert vendor for deferred compensation plan 457(B) services.
[A] Budget: Looking for Proposal
[B] Scope of Service:
(1) Vendor needs to provide deferred compensation plan 457(B) services include partner with a best-in-class service provider committed to the retirement plan administration business, has a minimum of ten years’ experience working with 457(b) governmental plans, have an experienced service team that is proactive, responsive, and cohesive that brings new market trends, service provider offerings and ideas for discussion, maintain or improve the current level of service of the participant and plan sponsor interfaces (mobile and web), provide proactive and intuitive tools that educate and encourage participants to plan for retirement and solve for participant retirement income needs, clearly communicate and educate employees on plan fees for both services and investments, offer a robust education and communication campaign strategy for participants, increase participation levels and plan value awareness, provide strong compliance support and flexible plan administration services, have stringent internal controls, disaster recovery process and data security protocols to the government authority located in Memphis, TN.
- Administrative and Recordkeeping Expectations include offering innovative and progressive technology solutions with a demonstrated commitment to add new technology for the plan sponsor and participants as a means to remain competitive in the retirement plan services business, supporting participant self-service for all plan transactions, providing a cohesive, highly skilled, knowledgeable service team and participant call center staff that are capable of delivering a high level of quality service that is flexible and proactive, maintaining established issue resolution processes and related documentation of processes, ensuring plan is compliant with all written plan documents, vendor administration manual and regulatory requirements as applicable, developing targeted communications and education services that are customized and flexible, and aligned with the authority’s brand and messaging, implementing competitive performance guarantees that measure both vendor performance and client satisfaction and placing fees at risk for vendor non-performance as well as overall strategic retirement readiness objectives, avoiding out of scope and other additional charges by including all known services and fees in the base fee and services
- recordkeeping, trust/custody services, and administration and investment services for the deferred compensation plan 457(b) for the authority.
(2) A Mandatory Pre-Proposal Meeting will be held on March 20, 2019.
(3) All question had been submitted no later than March 25, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location
Budget :
Deadline to Submit Proposals: April 17,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : UNCT-10621
Government Authority located in Memphis, Tennessee; USA based organization looking for expert vendor for deferred compensation plan 457(B) services.
[A] Budget: Looking for Proposal
[B] Scope of Service:
(1) Vendor needs to provide deferred compensation plan 457(B) services include partner with a best-in-class service provider committed to the retirement plan administration business, has a minimum of ten years’ experience working with 457(b) governmental plans, have an experienced service team that is proactive, responsive, and cohesive that brings new market trends, service provider offerings and ideas for discussion, maintain or improve the current level of service of the participant and plan sponsor interfaces (mobile and web), provide proactive and intuitive tools that educate and encourage participants to plan for retirement and solve for participant retirement income needs, clearly communicate and educate employees on plan fees for both services and investments, offer a robust education and communication campaign strategy for participants, increase participation levels and plan value awareness, provide strong compliance support and flexible plan administration services, have stringent internal controls, disaster recovery process and data security protocols to the government authority located in Memphis, TN.
- Administrative and Recordkeeping Expectations include offering innovative and progressive technology solutions with a demonstrated commitment to add new technology for the plan sponsor and participants as a means to remain competitive in the retirement plan services business, supporting participant self-service for all plan transactions, providing a cohesive, highly skilled, knowledgeable service team and participant call center staff that are capable of delivering a high level of quality service that is flexible and proactive, maintaining established issue resolution processes and related documentation of processes, ensuring plan is compliant with all written plan documents, vendor administration manual and regulatory requirements as applicable, developing targeted communications and education services that are customized and flexible, and aligned with the authority’s brand and messaging, implementing competitive performance guarantees that measure both vendor performance and client satisfaction and placing fees at risk for vendor non-performance as well as overall strategic retirement readiness objectives, avoiding out of scope and other additional charges by including all known services and fees in the base fee and services
- recordkeeping, trust/custody services, and administration and investment services for the deferred compensation plan 457(b) for the authority.
(2) A Mandatory Pre-Proposal Meeting will be held on March 20, 2019.
(3) All question had been submitted no later than March 25, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location
Budget :
Deadline to Submit Proposals: April 17,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$