Defined Contribution Recordkeeping Provider

The City of Waterbury, Connecticut is soliciting proposals from qualified firms to serve as the sole provider of plan administration services for its four defined‑contribution retirement savings plans (457(b), 403(b), and two 401(a) plans). The contract will cover comprehensive administrative functions, record‑keeping, employee education, and investment & retirement planning advisory services. This is a full‑service, ongoing engagement to manage the city’s retirement savings programs and ensure compliance, participant support, and optimal plan performance. • Administer and maintain records for four municipal defined‑contribution plans. • Provide employee education and communication on plan features, enrollment, and investment options. • Deliver investment advisory and retirement planning services to plan participants. • Ensure regulatory compliance and accurate reporting for all plans. • Offer ongoing support and system management throughout the contract term.