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  5. ›RFQ - Supplemental and Flexible Benefits Plan

Paragould School District·Arkansas

RFQ - Supplemental and Flexible Benefits Plan

Closes 6/30/2025$200k – $500kRequest for Qualification
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Description

Paragould School District is seeking a qualified broker/consultant to design, administer, and manage a supplemental and flexible employee‑benefits plan for its roughly 500 full‑time staff. The vendor must be able to administer a suite of voluntary benefits (flexible spending accounts, vision, dental, life, disability, critical illness, etc.), provide enrollment support, handle IRS compliance and reporting, maintain a fidelity bond, and ensure compliance with Arkansas insurance regulations. Proposals must include detailed fee schedules, references from four Arkansas public schools, and a description of enrollment and communication processes. Seven sealed copies are required, with a submission deadline of June 30 2025. Presentations may be requested on July 14 2025. • Administer a full supplemental & flexible benefits package (FSAs, vision, disability, life, etc.) • Provide enrollment services, web portal, counseling, IRS filings, and fidelity‑bond coverage • Submit detailed fee schedule and references; seven sealed copies required • Service period begins March 1 2026 for a one‑year plan year • Must comply with Arkansas Dept. of Insurance rules and have experience with similar school districts.

Attached files

Contact

Kerri Freeman(District Treasurer)

[email protected]

Key dates

Opened
6/10/2025
Questions due
6/13/2025
Closes
6/30/2025
Duration
1 year

Last updated

Details

Type
Request for Qualification
Industry
Insurance
NAICS
524292

Budget estimate

$200,000 – $500,000

No contract value is disclosed. Based on typical broker fees for a district of ~500 employees—often ranging from $400 to $1,000 per employee annually for comprehensive supplemental and flexible benefit administration—the total annual budget could fall between $200,000 and $500,000, depending on the fee structure, scope of services, and negotiated rates.

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