Camarillo Planet bids #143275

Advisory and Consulting Services for City of Camarillo Retirement Plans

The City of Camarillo is seeking proposals for advisory and consulting services to support its governmental defined contribution retirement plans. - Government Buyer: - City of Camarillo Human Resources Department - Scope of Services: - Advisory and consulting for 401(a), 457(b), 457 PTS, and Retirement Health Savings (RHS) plans - Fiduciary consulting and investment oversight - Fee benchmarking and governance support - Participant education consulting - Vendor evaluation and assistance with future recordkeeper RFPs - Notable Requirements: - Firms must have extensive public sector experience with governmental retirement savings programs - Transparent fee structures are required - Experience with fiduciary support, compliance, and investment platform administration is essential - Electronic proposal submission via PlanetBids and registration on the platform - Compliance with specified insurance and professional standards - Current recordkeeper is MissionSquare Retirement (for context, not a required vendor) - No specific products, part numbers, or quantities are requested; this is a professional services procurement

Description

The City of Camarillo is soliciting proposals from qualified firms to provide advisory and consulting services for its governmental defined contribution retirement plans, including the 401(a), 457(b), 457 PTS, and Retirement Health Savings (RHS) Plans. The scope includes retirement plan advisory, fiduciary consulting, investment oversight, fee benchmarking, governance support, participant education consulting, and related services. The City seeks an experienced and independent advisor to evaluate and strengthen plan governance, investment oversight, fee transparency, participant experience, and strategic direction. Proposals must be submitted electronically by July 17, 2026.

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