Government Contract | Pennsylvania
Deferred Compensation Plan Third Party Administrator

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Bid Information


Bid Alert No: 00000576071

Bid Title: Deferred Compensation Plan Third Party Administrator

Agency Bid No. Title: 512143038

Received Date: 05/19/2016

Close Date: 06/03/2016

Purchase Type: Term: 09/01/2016 - 08/31/2017 - Option to Renew

Delivery Point: Philadelphia, Pennsylvania

Delivery Date: Not Stated

Specifications

Specifications include, but are not limited to: The Boards objectives for this project include the following: Provide recordkeeping, administrative, and educational services for the Citys 457Deferred Compensation Plan (the Plan). Provide recordkeeping, administrative, and educational services for the definedcontribution portion of Pension Plan 10 (the DC Plan), as detailed in Chapter 22-1400 ofthe Philadelphia Code. Offer investment options to be approved by the Board and consistent with Section 457 ofthe Internal Revenue Code of 1986, the Plan Document and other applicable laws. Accept from the Plans custodian and invest all contributions made by participants andcredit any investment gains or losses to participant accounts. Maintain and abide by a payment and disbursement procedure consistent with thosegenerally offered by similar deferred compensation and defined contribution plans andapplicable federal state and local statutes governing those plans.

Product Code: 95327

Agency Information


Issuing Agency: City of Philadelphia

State: Pennsylvania

Agency Type: State and Local

Contact: Dominique Cherry

Email: dominique.cherry@phila.gov

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