MB-3409 - USA (Missouri) - Recordkeeping and Administration Services - Deadline September 18,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3409

Government Authority located in Missouri; USA based organization looking for expert vendor for recordkeeping and administration services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide third party administrator to manage record keeping and administration for the District’s 403(b) and 457(b) plans.
- customer service call center access, plan participants with 24/7 secured online access to plan information that is updated on a daily basis at minimum, online access at the plan sponsor level with separate login information, adequate website technical support for any issues arising with the accessing of accounts.
- Employee/Employer Account Administration firm must monitor employer and employee contributions to 403(b) and 457(b) plans, advise and assist the district in taking appropriate corrective action if excess contributions occur including requirements that the providers hold certain excesses in separate accounts, establish and monitor maximum allowable employer and employee contribution (mac) limits for all employees and all vendors/providers, manage all account activity for orphan accounts for compliance with federal and state laws and regulations, audit individual vendor/provider activity to ensure contributions are distributed to employee accounts and in a timely manner when received consistent with federal regulations, audit for federal and state compliance for all post-employment plan contributions.
(2) All question must be submitted no later than September 6, 2019.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be offsite. Vendor needs to carry work in their office location.

Expiry Date : Wednesday, 18 September, 2019

Question Answer Deadline : Friday, 6 September, 2019

Category : Medical Billing and Coding, Records Storage Services

Country : USA

State : Missouri

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