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  5. ›Deferred Compensation Plan (457) Provider

Awarded contract·County of San Luis Obispo·California

Deferred Compensation Plan (457) Provider

Won by Nationwide Retirement Solutions, Inc$3MSingle Award
Contract source

Awarded vendors

  • Nationwide Retirement Solutions, Inc

Description

The County of San Luis Obispo is seeking a provider for its deferred compensation plan (457) for its employees. The plan currently has approximately $260 million in assets and 2,600 participant accounts. The awarded vendor, Nationwide Retirement Solutions, Inc, will provide administration and recordkeeping services for the plan. Key aspects of the contract include: • The plan is a voluntary savings defined contribution plan available to employees of the County and certain contracting agencies. • The vendor will provide administration and recordkeeping services for the plan. • The contract was awarded to Nationwide Retirement Solutions, Inc. • The County of San Luis Obispo is the agency responsible for the contract. • The contact person for the County is Taylor Mejia.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
525110
Solicitation №
1652

Contract value

$3,000,000

The contract value is not explicitly stated, but based on the plan's assets of approximately $260 million, the contract value could be estimated to be in the range of $1 million to $5 million per year, depending on the services provided and the fees charged by the vendor.

AI estimate from the award documents

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