Retirement Plans Third Party Administrator Service
Location:
Texas, United States
Posted on:
Deadline:
Summary:
Seeking a vendor to administer retirement plans and related participant services under a three-year contract in Texas.
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The client is seeking a vendor to serve as a third party administrator for retirement plans, covering comprehensive services such as contribution plan administration, pension plan management, payee administration, and client support structure. The service provider will also be responsible for implementing participant web and voice response systems, administering special assets, processing qualified domestic relations orders, and managing participant reporting.
Additional responsibilities include handling beneficiary forms and maintenance, ensuring robust participant access channels, and providing a strong client service team to address participant inquiries. The awarded contract will have a duration of three years.
Vendors are required to submit any questions regarding the proposal no later than March 24, 2026.
Best-fit vendors:
• Experience administering retirement and pension plans
• Expertise in web- and voice-based participant systems
• Proven track record with multi-year third party administration contracts
• Strong team capable of beneficiary management and order processing
• Familiarity with Texas public sector or institutional clients
