403(b) Record Keeper RFP

Collin College is seeking proposals for the sole recordkeeping/administrative services of its voluntary 403(b) plan, the Collin Invests Enhanced Retirement Savings Plan. If a new recordkeeper is selected, they would “go live” in the second half of 2025. Collin College provides several ways for employees to save for retirement including the state sponsored TRS (Teacher Retirement System of Texas) and ORP (Optional Retirement Program) for all full-time faculty and eligible staff. In addition, all employees (excluding student employees) are eligible to enroll in this voluntary 403(b) plan sponsored by Collin College. More information about Collin College’s Retirement Plan program is available here: Collin College Retirement Programs. Of particular note is the 100% match on the first 4% of pay contribution that is made for all eligible full-time employees.