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  5. ›RETIREMENT PLAN RECORDKEEPING, PLAN ADMINISTRATION AND…

Awarded contract·County of Sacramento·California

RETIREMENT PLAN RECORDKEEPING, PLAN ADMINISTRATION AND INVESTMENT SERVICES

Won by Fidelity Investments$1MSingle Award
Contract source

Awarded vendors

  • Fidelity Investments

Description

The County of Sacramento is seeking a vendor to provide retirement plan recordkeeping, plan administration, and investment services for its 457(b) and 401(a) deferred compensation retirement plans. The contract was awarded to Fidelity Investments, who will provide services such as recordkeeping, administration, education, and investment management. The contract is contingent upon mutual agreement of terms, conditions, implementation methodology, or other features necessary to finalize the contract. • The contract includes services for 457(b) and 401(a) deferred compensation retirement plans • The vendor will provide recordkeeping, administration, education, and investment management services • The contract is contingent upon mutual agreement of terms and conditions • The County of Sacramento appreciates the participation of all vendors in the Request for Proposal process • The contract is expected to be finalized in late August 2017

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523920
Solicitation №
8435

Contract value

$1,000,000

The value of this contract is not explicitly stated in the provided documents. However, based on the scope of work and the services to be provided, it is likely that the contract value is in the range of $1 million to $5 million per year, depending on the number of plan participants and the assets under management. The contract is expected to be a long-term agreement, potentially spanning 5-10 years, which would put the total contract value in the range of $5 million to $50 million.

AI estimate from the award documents

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