Plan Administrative, Investment Advisory and Actuarial Services

Overview

Financial, Legal, HR & Staffing

Woodbury, Connecticut, United StatesPosted 6 days agoDeadline: June 23rd, 2026

Fit Score

Settle Intelligence

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SUMMARY

Seeking a qualified firm to provide plan administration, investment advisory, and actuarial services for a government retirement plan in Woodbury, Connecticut.

KEY REQUIREMENTS

Must be a Registered Investment Advisor (RIA) with a filed Form ADV
Must be an SEC Registered Advisor
Must have municipal client experience
Must have experience with closed defined benefit plans
Must provide a minimum of three references, including one to two municipal clients
Must provide proof of professional, general, and cyber insurance
Must provide a non-collusion certification
Must provide an indemnification certificate

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

36 months

TIMELINE

RFP Issued: April 28th, 2026

Vendor Questions Due: May 26th, 2026

Town Issues Response: June 5th, 2026

Proposals Due: June 23rd, 2026

Interviews: Week Of July 13th, 2026

Announcement of Award: July 29th, 2026

Contract Start: October 1st, 2026

QUESTION DEADLINE

May 26th, 2026

Issuing Agency

Town Of Woodbury

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in Woodbury, Connecticut is seeking a qualified vendor to provide comprehensive plan administrative, investment advisory, and actuarial services. Administrative responsibilities include participant recordkeeping, benefit calculations, retirement processing, direct deposit and benefit payment administration, year-end tax reporting, regulatory compliance, and audit support.

Investment advisory services encompass asset allocation analysis, investment manager selection and monitoring, quarterly performance reporting, development and review of investment policy statements, fee benchmarking, risk analytics, and fiduciary oversight. Actuarial valuation and consulting services required involve annual or biennial actuarial valuations of pensions, funding projections, closed-plan liability modeling, assumption reviews, and impact analysis for benefit changes.

Vendors must be experienced in handling all aspects of public sector retirement plan administration, investment management, and actuarial consulting. All questions related to this RFP must be submitted by May 26, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.