Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Before you respond

  • Washington guideWashington Bids and Bidding Guide
  • Consulting Services RFPsConsulting Services Bids and Bidding Guide
  • How to answer an RFPChoosing and Responding to Government Bids
More consulting services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Washington
  4. ›Consulting Services
  5. ›RFP No. 2026-09-01 - Retirement Plan Administration and…

Yakima County·Washington

RFP No. 2026-09-01 - Retirement Plan Administration and Record Keeping Services

Closes today$1M – $3MRequest for ProposalLogin required
Get bids like this by emailBid source

Description

Yakima County is seeking qualified firms to provide comprehensive administration, record‑keeping, education, communication, and investment‑related services for its two 457(b) deferred‑compensation plans (Empower and Nationwide). The contract will cover all aspects of plan management, including participant education, online transaction capabilities, fee structuring, and potential consolidation of the two plans. Firms must have at least five years’ experience with governmental 457(b) plans and be the sole provider for three comparable plans with assets of $50 M each. The procurement process includes a question period (deadline Oct 8), proposal submission (deadline Oct 29), and finalist interviews (Dec 2). The contract term will be negotiated, with options of 5, 7, or 10 years.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Raudel Iniguez(Purchasing Manager)

[email protected]

(509) 574-1519

Key dates

Opened
9/24/2026
Questions due
10/8/2026
Closes
11/2/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
2026-09-01

Budget estimate

$1,000,000 – $3,000,000

Based on typical industry fees for 457(b) plan administration (approximately 0.4‑0.6 % of plan assets annually) and assuming each plan holds roughly $50 M in assets, annual revenue could range from $400,000 to $600,000 per plan. With two plans, the annual contract value is roughly $800,000‑$1.2 M. Over a 5‑year term, total earnings would be in the $4‑6 M range; a 7‑ or 10‑year term would increase that proportionally. Therefore a reasonable estimate for the contract’s total budget is $1 M‑$3 M, accounting for variations in fee structures, optional services, and potential extensions.

AI estimate from the solicitation

Similar opportunities

Matched by Bid Banana AI™

Bid Banana · 1.6M+ bids and awards 🍌

You found this one. Bid Banana has 1.6M+ bids and awards.

You found this bid by looking. Bid Banana searches open government bids across all 50 states, updated daily, so you stop hunting: save a search once and we email you your new matches, daily or weekly.

1.6M+
bids & awards
All 50
states
4,000+
agencies
Start your 7-day free trial

Plans from $49.99/month. Cancel anytime, no setup fees.

Built by The Bid Lab, answering RFPs since 2017.

Texas City of Brookside Village·Texas

Top match · 84%

RFP NO. 2026-45 457(b) Deferred Compensation Retirement Plan Administrator/Service Provider for the City of Brookside Village

Closes 11/4/2026Opened 10/8/2026

Rock County·Wisconsin

81% match

FINANCIAL MANAGEMENT PLAN SERVICES

Closes 11/13/2026Opened 10/16/2026

Town of Shrewbury·Massachusetts

80% match

Public Notice : RFP Legal Services

Closes 11/13/2026Opened 10/7/2026

Santa Ana Watershed Project Authority·California

80% match

RETIREMENT PLAN FIDUCIARY ADVISORY AND CONSULTING SERVICES

Closes 11/23/2026Opened 10/20/2026

State University of New York (SUNY)·New York

80% match

Retirement Plan Consultant RFP

Closes 11/27/2026Opened 10/28/2026

Town of Shrewbury·Massachusetts

80% match

Full RFP for Legal Services

Closes 11/13/2026Opened 10/7/2026

North Carolina Harnett County Schools·North Carolina

79% match

RFP-2026-21 Voluntary Benefits, Section 125 Flexible Benefit Plan, Enrollment and Related Employee Services

Closes 11/13/2026Opened 10/20/2026

Georgia Rockdale County·Georgia

79% match

Enterprise Resource Planning (ERP) Software & Services

Closes 11/19/2026Opened 10/14/2026

Maryland Frederick County Government·Maryland

78% match

RFP #27-186 Third Party Administrative Services

Closes 12/1/2026Opened 10/17/2026

Washington County·Minnesota

78% match

Request for Proposals (RFP) for Appraisal Services

Closes 11/2/2026Opened 12/8/2025

County of Frederick, MD·Maryland

78% match

Third Party Administrative Services

Closes 12/1/2026Opened 10/15/2026

Michigan State University·Michigan

78% match

Retiree Benefits

Closes 11/16/2026Opened 10/22/2026

Georgia Newton County Board of Commissioners·Georgia

78% match

RFP 27-07 Benefits Consultant and Brokerage Services

Closes 11/12/2026Opened 10/22/2026

Georgia River Valley Regional Commission – Area Agency on Aging·Georgia

78% match

RFP for contracts to provide Evidence Based Programs

Closes 12/17/2026Opened 10/29/2026

Madison Area Technical College, Purchasing Dept·Wisconsin

78% match

RFP27-004 Third Party Administrator Services for Retiree Health Reimbursement Arrangement

Closes 11/12/2026Opened 10/13/2026

Maryland Montgomery County Government·Maryland

78% match

RFP #1194842 - Classification Plan and Compensation Program Evaluation and Upgrades

Closes 12/4/2026Opened 10/23/2026