Needham School District Civicplus #27SCH001G

Independent Third-Party Administration of 403(b) Compliance Program for Massachusetts School Districts

This opportunity seeks an experienced independent Third-Party Administrator (TPA) to manage 403(b) compliance programs for a consortium of Massachusetts public school districts. - Government Buyer: - Needham Public School District (Lead District for a Collective Purchasing Group of ~40 school districts) - Office of the Assistant Superintendent for Finance and Operations, Town of Needham, MA - OEMs and Vendors: - No specific OEMs or vendors are named; open to all qualified TPAs - Products/Services Requested: - Independent third-party administration of 403(b) and related tax-deferred retirement compliance programs - Includes plan document review, compliance monitoring, employee account administration, communication, auditing, and assistance with federal/state audits - Service covers approximately 30,000 employees across member districts - Unique or Notable Requirements: - Demonstrated experience with 403(b) program administration and compliance - Ability to serve multiple school districts simultaneously - Must provide robust communication protocols and support for regulatory audits - No hardware or product part numbers requested; this is a service-only solicitation - Period of Performance: - Three-year contract, with possible cancellation upon 60 days' notice and subject to annual appropriations - Place of Performance: - Needham Public School District, 1330 Highland Avenue, Needham, MA 02492

Description

The Needham Public School District, leading a Collective Purchasing Group, is soliciting proposals from qualified independent Third-Party Administrators (TPA) to manage the implementation and operation of 403(b) compliance programs for participating school districts. The contract covers a three-year period from January 1, 2027, through December 31, 2029. Proposals must be submitted by May 11, 2026, and will be awarded by the Needham School Committee through the Superintendent. The RFP package is available from the Needham Public Schools office or online.

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