SOLICITATION NOTICE
R -- Defined Contribution Plan Provider
- Notice Date
- 2/7/2008
- Notice Type
- Solicitation Notice
- NAICS
- 525110
— Pension Funds
- Contracting Office
- Department of the Treasury, Comptroller of the Currency (OCC), Acquisition Management (AQM), 250 E Street, SW Mail Stop 4-13, Washington, DC, 20219, UNITED STATES
- ZIP Code
- 00000
- Solicitation Number
- CC-08-HQ-R-0021
- Response Due
- 3/14/2008
- Point of Contact
- Marguerite Brown, Contracting Officer, Phone 202-874-5096, Fax 202-874-5625, - Marguerite Brown, Contracting Officer, Phone 202-874-5096, Fax 202-874-5625
- E-Mail Address
-
marguerite.brown@occ.treas.gov, marguerite.brown@occ.treas.gov
- Description
- The Office of the Comptroller of the Currency (OCC) seeks the services of an experienced and qualified contractor to provide a defined contribution plan offering 401(k), Roth 401(k), and after tax savings account. The existing OCC defined contribution plan is managed by Prudential Financial, Inc. Services under the current contract expire December 31, 2008. Any conversion to a new service provider would be required to be completed by 1/1/2009, based on a target award date of 7/31/2008. Currently, 3008 active OCC employees are eligible to contribute to the plan, with 2669 actively contributing to regular deferral, catch-up and Roth accounts. The cumulative OCC employee balance for the fund is in excess of $124M. Effective 1/20/2008, the OCC implemented an automatic enrollment for all new hires. With the new automatic enrollment feature, it is anticipated that active employee enrollment will increase to 2800, within a year. The OCC anticipates implementing an after tax feature in 2009. Minimum requirements for services under the proposed contract include the following:
- Place of Performance
- Address: 250 E Street, SW, Washington, DC
- Zip Code: 20219-0001
- Country: UNITED STATES
- Zip Code: 20219-0001
- Record
- SN01503556-W 20080209/080207232041 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
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