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Washington County, Oregon·Oregon

Deferred Compensation Consultant

Closes 10/10/2025$200k – $500kRequest for Proposal
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Description

Washington County, Oregon is seeking a Deferred Compensation Consultant to provide coordination and oversight in areas related to compliance and fiduciary duties of the County’s 457(b) deferred compensation plan and the 401(a) defined contribution plan. The successful proposer will act as a co-fiduciary for the County’s plans, assist County staff in managing relationships with plan providers, conduct on-going review of service levels from plan providers, and provide education and information to internal committee members. • The consultant will conduct periodic RFPs to evaluate service providers in the market to ensure that Washington County is favorably positioned related to competitive pricing, fees, and investment options. • The consultant will review investment policy statements and make recommendations as needed to ensure due diligence. • The consultant will provide periodic analysis of investment options offered by plan providers, ensuring options offered provide an appropriate mix of investment types that spread investment risk over multiple investment options. • The consultant will provide periodic analysis of investment options offered by plan providers, ensuring options offered are performing favorably compared to peers and appropriate indexes.

Attached files

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

Contact

Debbie Watkins(Lead Procurement Analyst)

[email protected]

(503) 846-3737

Key dates

Opened
9/15/2025
Questions due
10/1/2025
Closes
10/10/2025
Projected award
10/31/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523920
Solicitation №
2025.078-RFP

Budget estimate

$200,000 – $500,000

The budget for this contract is estimated to be around $200,000 to $500,000 per year, based on the scope of work and the fact that the County has approximately 2,350 employees. The consultant will be providing a range of services, including investment advice, portfolio management, and compliance oversight, which will likely require a significant amount of time and expertise. The estimated budget range is based on industry standards for similar services and takes into account the size and complexity of the County's plans.

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