Deferred Compensation Retirement Third-Party Administrator Services
Overview
Fit Score
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SUMMARY
KEY REQUIREMENTS
BUDGET
VerifiedCONTRACT DURATION
TIMELINE
Advertisement: June 1st, 2026
Pre-Proposal Conference: June 8th, 2026
Last Day to Ask Questions: June 10th, 2026
Proposals Due: July 2nd, 2026
Shortlist Notification: Week of July 13th, 2026
Shortlisted Firms Changes to Terms and Conditions Due: Week of July 20th, 2026
Interviews/Discussions/Terms and Conditions Negotiations: July 23rd, 2026
Request for Revised Proposals Addendum Posted: Week of July 27th, 2026
Revised Proposals Due: Week of August 3rd, 2026
Notice of Selection: Week of August 24th, 2026
Execute Agreement: Week of September 21st, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Port Of Seattle
DESCRIPTION
The issuing agency is seeking a vendor to provide comprehensive deferred compensation retirement third-party administrator services. The selected company will play a key role in promoting economic opportunities and improving quality of life within the region by advancing trade, travel, commerce, and job creation in an equitable and environmentally responsible manner. To achieve these goals, the organization aims to attract and retain talented employees by offering a competitive total rewards package.
The required services include integrated technology solutions for seamless data integration with payroll and HR systems, maintenance of a web-based portal for plan participants, and support resources for loans and hardships. The administrator will also be responsible for participant education, retirement planning and consulting, transition and reconciliation period support, informational materials, pre- and post-transition participant meetings, record keeping, investment options management, self-directed brokerage, participant services, and plan sponsor services.
Vendors must demonstrate the ability to meet specified technology requirements and provide ongoing support throughout all phases, including pre- and post-transition. All questions regarding the proposal must be submitted by June 10, 2026, and a pre-bid meeting is scheduled for June 8, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due July 2, 2026. Questions must be submitted by June 10, 2026.
- What is the budget for this RFP?
- The published budget is $3,477,000.
- Who issued this RFP?
- It was issued by Port Of Seattle. The work is located in Seattle, Washington, United States.
- Who is a good fit for this opportunity?
- Experienced third-party retirement plan administrators
- Demonstrated expertise in integrated technology solutions with HR and payroll systems
- Proven capacity for participant education and retirement planning services
- Ability to manage all phases of plan transition and ongoing record keeping
- History of serving public sector or large regional clients
Analysis generated by Settle AI from the source RFP.
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