Retirement Plan Administration Services

Overview

Financial, Legal, HR & Staffing

Greenwood, South Carolina, United StatesPosted 8 days agoDeadline: May 27th, 2026

Fit Score

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SUMMARY

A government authority in Greenwood, South Carolina, seeks a partner for comprehensive retirement plan administration and management services.

KEY REQUIREMENTS

Must have five years of proven experience with similar projects
Must be able to provide full service 403(b) plan administration services
Must be financially responsible and able to show evidence of reliability
Must provide a signed, original certificate of liability insurance (ACORD 25)
Must name Greenwood School District 50 as an additional insured
Must comply with all applicable provisions of the Drug-free Workplace Act
Must comply with Title 8, Chapter 14 of the South Carolina Code of Laws regarding illegal immigration
Must provide a minimum of three references from employers with similar contracts
Must provide a sample 403(b) plan document and a standard 403(b) plan service agreement

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

60 months

TIMELINE

Issuance of RFP: April 29th, 2026

Deadline for Questions: May 8th, 2026

Issue Responses to Questions: May 11th, 2026

Deadline to Submit Bid: May 27th, 2026

Issue Statement of Award Notice: June 5th, 2026

QUESTION DEADLINE

May 8th, 2026

Issuing Agency

Greenwood School District 50

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority located in Greenwood, South Carolina, is seeking a vendor to provide retirement plan administration services. Key responsibilities include developing and maintaining plan documents, plan monitoring and recordkeeping, compliance administration, and payroll contribution administration. The vendor will also handle common remitter services, manage vendor relationship agreements, as well as monitor contributions and account balance transfers.

Additional responsibilities include consolidated multi-vendor plan reporting, providing web support, offering financial education tools, and delivering audit support. Prospective vendors should be equipped to deliver comprehensive administrative, monitoring, and support services across all aspects of the retirement plan.

Source attribution

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