This bid is for retirement savings plan administration for Houston Independent School District, based at 4400 West 18th Street, Houston, TX 77092-8501.
Due
December 7, 2026
24 days left
Location
Houston, TX
Texas
Posted on
Ionwave
Notice ID
27-10-05
Please quote retirement savings plan administration for Houston Independent School District, 4400 West 18th Street, Houston, TX 77092-8501.
Plans: Administer 403(b) and 457(b) plans, with pre-tax and Roth contributions, plus focused administration of an employer-funded 401(a) plan.
Size: About 23,000 employees paid biweekly.
Payroll: Validate provider accounts, exchange secure payroll files, and reconcile deductions and remittances across about 30 providers.
Funds: Send funds no later than the next business day after receiving them.
Compliance: Maintain plan documents, monitor eligibility and contribution limits, process permitted participant transactions, and support corrections and audits.
Support: Secure employee website and mobile app, staffed call center, retirement education, provider oversight, and regular reporting.
Please confirm availability and send your quote by December 7, 2026.
The original documents
Deadline: December 7, 2026
See the original on houstonisd.ionwave.net
Bidding it yourself? Get the full package and submit on Ionwave before December 7, 2026.
What they need
Plans and scaleAdminister 403(b) and 457(b) plans, including pre-tax and Roth contributions, plus focused administration of an employer-funded 401(a) plan; approximately 23,000 employees with biweekly payroll.
Payroll and fundingValidate provider accounts, exchange secure payroll files, reconcile deductions and remittances across approximately 30 providers, and transmit funds no later than the next business day after receipt.
ComplianceMaintain plan documents, monitor eligibility and contribution limits, process permitted participant transactions, and support corrections and audits.
Technology and supportProvide a secure employee website and mobile app, staffed call center, retirement education, provider oversight, and regular reporting.
Implementation and termAnticipated April 1, 2027–March 31, 2028, with two annual renewals; complete an initial compliance and operational review within 90 days.
PricingInclude all administration, setup, technology, participant transaction, education, travel, and transition fees, plus any indirect compensation and who pays each charge.
XL Eagle