When is the submission deadline?

Submissions are due September 28, 2026. Questions must be submitted by September 16, 2026.

It was issued by Vermont State Colleges System. The work is located in Vermont, United States.

Who is a good fit for this opportunity?

Independent retirement plan governance and fiduciary advisory firm. Demonstrated expertise in pension and retirement plan investments, administration, and recordkeeper oversight. Experience providing discretionary fiduciary services and investment monitoring. Strong capabilities in plan benchmarking, fee analysis, governance documentation, and participant education. Experience advising public-sector trustees, management, and retirement plan committees.

Independent Retirement Plan Governance and Fiduciary Advisory Services (Due September 28, 2026)

Overview

Financial, Legal, HR & Staffing

Vermont, United StatesPosted: September 3, 2026Deadline: September 28, 2026

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SUMMARY

A Vermont government authority seeks an independent retirement plan advisor to provide fiduciary oversight, investment governance, recordkeeper oversight, benchmarking, participant support, and fiduciary education. Questions are due September 16, 2026, with proposals due September 28, 2026.

KEY REQUIREMENTS

Must be a qualified, independent retirement plan consulting firm
Must be capable of accepting discretionary responsibility for investment selection, monitoring, retention, and replacement
Must provide discretionary fiduciary investment management services
Must have experience with higher education retirement plans and governmental 403(b), 401(a), and 457 plans
Must have experience with retirement plans involving multiple collective bargaining units
Must have experience with TIAA, including legacy individual annuity contracts
Must provide three comparable higher education or governmental-plan references
Must provide evidence of professional, fiduciary, and cyber liability insurance coverage
Must disclose material litigation, regulatory or disciplinary matters during the past five years

TIMELINE

RFP Issued: September 1st, 2026

Questions Due: September 16th, 2026

Proposals Due: September 28th, 2026

Finalist Interviews: October 5th-9th, 2026

Anticipated Selection: October 16th, 2026

QUESTION DEADLINE

September 16, 2026

CONTACTS

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

Additional decision-makers and their departments

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Issuing Agency

Vermont State Colleges System

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DESCRIPTION

A government authority in Vermont is seeking an independent advisor to provide retirement plan governance, fiduciary, investment advisory, recordkeeper oversight, participant support, and related consulting services. The selected provider will help clarify responsibilities among the board of trustees, system management, any retirement plan committee, human resources, finance, legal counsel, the recordkeeper, and the independent advisor.

The advisor will provide independent fiduciary oversight and assume discretionary responsibility for investment selection, monitoring, retention, and replacement to the fullest extent permissible. Services will include developing an inventory of plan documents, investments, legacy contracts, fees, participant assets, and service-provider arrangements; benchmarking investments, fees, services, plan design, and participant experience; and strengthening oversight of recordkeeping, administration, fees, service levels, and participant services.

The engagement will also support improved participant communications, education, onboarding, and access to retirement planning resources. The provider will deliver fiduciary education and decision support to management, trustees, and a retirement plan committee. Questions must be submitted by September 16, 2026, and proposals are due September 28, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due September 28, 2026. Questions must be submitted by September 16, 2026.
Who issued this RFP?: It was issued by Vermont State Colleges System. The work is located in Vermont, United States.
Who is a good fit for this opportunity?: Independent retirement plan governance and fiduciary advisory firm
Demonstrated expertise in pension and retirement plan investments, administration, and recordkeeper oversight
Experience providing discretionary fiduciary services and investment monitoring
Strong capabilities in plan benchmarking, fee analysis, governance documentation, and participant education
Experience advising public-sector trustees, management, and retirement plan committees

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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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