When is the submission deadline?

Submissions are due August 13, 2026.

What is the budget for this RFP?

Settle estimates the budget at Up to $350,000. The issuer has not published an official figure.

It was issued by Housing Authority Of The City Of Los Angeles. The work is located in Los Angeles, California, United States.

Who is a good fit for this opportunity?

Registered investment advisor or institutional retirement-plan consulting firm. Proven experience advising governmental 457(b) deferred compensation plans. Expertise in fiduciary governance, Investment Policy Statements, and investment selection. Experience monitoring and replacing plan assets and evaluating default investments. Ability to coordinate with existing retirement-plan record-keepers.

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457 Deferred Compensation and Plan Fiduciary Advisor Services

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Overview

Financial, Legal, HR & Staffing

Los Angeles, California, United StatesPosted: July 31, 2026Deadline: August 13, 2026

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SUMMARY

A Los Angeles government authority is seeking a fiduciary advisor for its employee 457(b) deferred compensation plan. Services include investment oversight, development of an Investment Policy Statement, asset selection and monitoring, and management of default investment options.

KEY REQUIREMENTS

Must be a fiduciary as defined in ERISA § 3(38)
Must have a satisfactory record of business integrity and trustworthiness
Must have adequate financial resources
Must be qualified and eligible to receive an award under applicable laws and regulations
Must have a valid Los Angeles Business Tax Registration Certificate or register immediately if awarded
Must carry required insurance coverages: Workers' Compensation ($1,000,000), Commercial General Liability ($1,000,000), Automobile Liability ($500,000), Errors and Omissions ($1,000,000), and Cybersecurity ($1,000,000)
Must not have an organizational conflict of interest
Must be registered on Oracle iSupplier
Must provide a minimum acceptance period of 60 days

BUDGET

Estimate

Up to $350,000

CONTRACT DURATION

60 months

TIMELINE

Issue Date: July 30th, 2026

Due Date: August 13th, 2026 by 5:00 PM Pacific Time

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Housing Authority Of The City Of Los Angeles

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Los Angeles, California seeks a vendor to provide 457 deferred compensation and plan fiduciary advisor services. The selected advisor will provide investment advisory services for the agency employee 457(b) plan and its investments, for which Empower Retirement currently serves as record-keeper.

Responsibilities include developing an Investment Policy Statement, assuming responsibility for selecting, monitoring, and replacing plan assets, and selecting and monitoring default plan investments. The contract period will be one year.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 13, 2026.
What is the budget for this RFP?: Settle estimates the budget at Up to $350,000. The issuer has not published an official figure.
Who issued this RFP?: It was issued by Housing Authority Of The City Of Los Angeles. The work is located in Los Angeles, California, United States.
Who is a good fit for this opportunity?: Registered investment advisor or institutional retirement-plan consulting firm
Proven experience advising governmental 457(b) deferred compensation plans
Expertise in fiduciary governance, Investment Policy Statements, and investment selection
Experience monitoring and replacing plan assets and evaluating default investments
Ability to coordinate with existing retirement-plan record-keepers

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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