BANKING-9269 - USA (Springfield, Illinois) - Employee Benefit Administration Firms, Financial Institutions, Third-Party Administrators and Retirement Plan Service - Deadline September 21,2026

(1) Vendor needs to provide employee benefit plan administration services to the government authority located in Springfield, IL.• Provide benefit administration firms, financial institutions, third–party administrators, and retirement plan service providers to submit proposals to provide comprehensive administration, recordkeeping, participant services, compliance support, and related services for the Authority's employee benefit programs.– Employer–sponsored defined contribution retirement plan (Money purchase 401(a) or similar plan);– Employer–sponsored 457(b) deferred compensation retirement plan;– Section 125 (Cafeteria) Plan;– Health Reimbursement Account (HRA) processing;– Flexible Spending Account (FSA) processing; and– Dependent Care Assistance Plan (DCAP) processing.• A. 401(a) Defined Contribution Retirement Plan– Plan Administration– Complete recordkeeping services– Employer contribution processing– Employee contribution tracking – Vesting administration– Beneficiary maintenance• Investment Services– Investment platform and fund lineup– Fiduciary support services– Investment monitoring• Governmental Deferred Compensation Retirement Plan– Plan recordkeeping– Payroll integration– Enrollment and participant management– Distribution processing– Investment management platform(2) The contract period will be for three years.