Description
Head Start of Greater Dallas, Inc. seeks a qualified financial institution to administer its 403(b) retirement plan for approximately 687 employees. The contract will be for an initial five‑year term with up to four one‑year extension options, covering plan record‑keeping, investment selection, employee education, loan administration, and full regulatory compliance (ERISA, DOL, IRS). The agency expects low‑or‑no‑fee structures, full fee disclosure, and a 50% employer match on employee contributions. The vendor must provide a dedicated administrative liaison and plan liaison, regular reporting, and annual plan reviews. Proposals are due by 1 PM on 9 Nov 2026; a pre‑proposal conference is scheduled for 12 Oct 2026.
• Manage $15.1 M in plan assets (current)
• Provide record‑keeping, investment options, education, loan services
• Must be licensed in Texas and have ≥10 years 403(b) experience
• Required annual reporting, newsletters, and employee training
• Initial 5‑year fixed‑price contract with optional four 1‑year extensions
• Fee transparency required; net‑30 payment terms