Retirement Plan Administration and Record Keeping Service

The government authority in Yakima, WA requires a USA-based organization to provide offsite retirement plan administration, record keeping, education, communications, and investment-related services for its Empower 457(b) and Nationwide 457(b) Deferred Compensation Plans. The buyer seeks to enhance participant outcomes, analyze plan competitiveness, integrate administration and reporting, and optimize investment menus. Additionally, the selected vendor must improve participant education, educate the Deferred Compensation Executive Committee, offer online transaction capabilities, support administrative functions, and evaluate alternative pricing structures, including consolidating the plans under a single recordkeeper. The buyer is seeking proposals and accepts digital submissions via email or online. All questions regarding this opportunity require submission no later than October 8, 2026.