Deferred Compensation Plan Services

The government authority located in Cape May, NJ requires a vendor to provide deferred compensation plan services, including administrative, investment, and trust services. The requested scope mandates participant account recordkeeping to maintain daily account information, process daily investment election changes and balance transfers, monitor maximum annual contribution limits, track catch-up provision usage, and manage emergency withdrawal restrictions. The vendor performs all work offsite. The buyer limits eligibility strictly to onshore USA organizations. The buyer provides no set budget and asks vendors to submit a proposal. Vendors must submit all questions no later than August 28, 2026.