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  5. ›RFP-1929013 Third Party Administrator for Retirement Plans

Dallas County Hospital District d/b/a Parkland Health·Texas

RFP-1929013 Third Party Administrator for Retirement Plans

Closes 5/6/2026$3M – $8MRequest for Proposal
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Description

The Dallas County Hospital District (Parkland Health) is seeking a qualified Third‑Party Administrator (TPA) to manage its retirement‑plan portfolio, which includes multiple Defined Contribution (DC) plans (401(a), 403(b), 457(b)) and two Defined Benefit (DB) pension plans. The contractor will be responsible for full‑cycle plan administration, participant data maintenance, transaction processing, compliance testing, reporting, and liaison with the district’s payroll and benefits systems. The contract is structured as a three‑year base period with two optional one‑year extensions, and the vendor must meet extensive security, insurance, and M/WBE requirements. • Provide end‑to‑end administration for DC and DB plans – enrollment, loans, distributions, QDROs, and beneficiary updates. • Deliver quarterly participant statements, management reports, and ad‑hoc data extracts within the performance windows set out in the Statement of Work. • Maintain compliance with HIPAA, NIST, PCI‑DSS, and Texas public‑information statutes; support 24 × 7 × 365 help‑desk operations and meet strict breach‑notification timelines.

Attached files

Contact

Terence Durham(Supply Chain)

[email protected]

Key dates

Opened
3/10/2026
Questions due
4/6/2026
Closes
5/6/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524210
Solicitation №
RFP# 1929013

Budget estimate

$3,000,000 – $8,000,000

The district’s actuarial reports show employer contributions of roughly $88 M per year for the retirement plans. TPA fees for comparable public‑sector portfolios typically range from 2% to 5% of assets under administration, plus fixed service fees. Assuming $1.9 B in plan assets, an annual fee of 0.2%–0.4% translates to $3 M–$8 M per year. Over the three‑year base term, total contract value could be between $9 M and $24 M, with optional extensions adding similar amounts.

AI estimate from the solicitation

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