Deferred Compensation Plan Provider Services

Gilbert Public Schools is seeking a qualified vendor to act as the plan provider for its Special Pay Buyback Plan. The provider will educate eligible employees, explain options for directing buyback funds into Health Retirement Arrangements (HRAs) and/or 403(b) accounts, discuss financial implications, and complete the account setup. The District will not pay the provider directly; the structure is zero‑cost to the employer, with any fees passed to participants. The contract will cover all district employees (≈4,000) and must comply with Arizona procurement rules and applicable federal regulations. • Educate and counsel individual employees on HRA and 403(b) options for Special Pay Buyback funds. • Provide detailed financial guidance, risk/benefit analysis, and assist in informed decision‑making. • Complete all required account establishment paperwork for selected options. • Operate under a zero‑direct‑cost model; revenue generated from participant fees or investment options. • Must submit a full proposal (technical and cost) by September 25, 2026, 2:00 PM via the district’s e‑procurement portal. • Respond to any questions by September 17, 2026. • Demonstrate experience with HRAs, 403(b) plans, and employee benefits consulting, preferably in K‑12 or public‑sector environments.