Employee Benefit Plan Administration Services
Overview
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
RFP Issued: August 24th, 2026
Questions Due: September 9th, 2026
Responses Issued: September 14th, 2026
Proposal Due Date: September 21st, 2026
Interviews: October 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Springfield Housing Authority
DESCRIPTION
A government authority in Springfield, Illinois is seeking proposals from employee benefit administration firms, financial institutions, third-party administrators, and retirement plan service providers to deliver comprehensive administration, recordkeeping, participant services, compliance support, and related services for its employee benefit programs.
The required programs include an employer-sponsored defined contribution retirement plan, such as a money purchase 401(a) plan; an employer-sponsored 457(b) deferred compensation plan; a Section 125 Cafeteria Plan; Health Reimbursement Account processing; Flexible Spending Account processing; and Dependent Care Assistance Plan processing.
Services for the 401(a) plan are expected to include plan administration, complete recordkeeping, employer contribution processing, employee contribution tracking, vesting administration, beneficiary maintenance, investment platform and fund lineup management, fiduciary support, and investment monitoring. Services for the governmental deferred compensation plan are expected to include recordkeeping, payroll integration, enrollment and participant management, distribution processing, and an investment management platform. The contract period will be three years.
Similar RFPs
Frequently asked questions
- When is the submission deadline?
- Submissions are due September 21, 2026. Questions must be submitted by September 9, 2026.
- Who issued this RFP?
- It was issued by Springfield Housing Authority. The work is located in Springfield, Illinois, United States.
- Who is a good fit for this opportunity?
- Employee benefits administration firm, financial institution, or third-party administrator
- Proven experience administering 401(a), 457(b), Section 125, HRA, FSA, and DCAP programs
- Strong retirement plan recordkeeping, payroll integration, and participant service capabilities
- Expertise in investment platform management, fiduciary support, and compliance administration
- Capacity to support a three-year government-sector engagement
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.