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open🌐 Piscataway, NJhttp://rfpmart.com/1191450-usa-piscataway-new-jersey-457b-deferred-compensation-plan-services-rfp.html

BANKING-9549 - USA (Piscataway, New Jersey) - 457b Deferred Compensation Plan Services - Deadline November 19,2026

Description

(1) Vendor needs to provide 457b deferred compensation plan services to the government authority located in Piscataway, NJ.–Administration, recordkeeping, investment, participant education, financial guidance, and related services for the Township's governmental Section 457(b) Deferred Compensation Plan.- Maintenance of individual participant accounts and transaction histories;- Processing and reconciliation of employee contributions;- Coordination of contribution files with the Township's payroll system;- Monitoring of applicable contribution limits and catch–up provisions;- Administration of Traditional pre–tax and Roth 457(b) contributions;- Processing of rollovers into and distributions from the Plan;- Administration of required minimum distributions and applicable tax reporting;- Maintenance of records and services for active employees, retirees, and former employees;- Plan sponsor reporting and administrative support; and- Assistance with applicable federal and State compliance requirements- A high level of participant and Plan sponsor service;- A broad and diverse selection of investment options;- A competitive fixed interest/stable value investment option;- Traditional pre–tax and Roth 457(b) contribution options;- Participant loan capabilities;- High–quality online and mobile account access;(2) All question must be submitted no later than November 10, 2026.

Details

Posted
Oct 29, 2026
Response deadline
Nov 19, 2026, 11:59 PM UTC (21d)
Status
open
Jurisdiction
Piscataway, NJ
Location
Piscataway
Has Description
true
Item
BANKING-9549 - USA (Piscataway, New Jersey) - 457b Deferred Compensation Plan Services - Deadline November 19,2026 (1) Vendor needs to provide 457b deferred compensa

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