Specifications include, but are not limited to: Town of Hilton Head Island Deferred Compensation Plans are seeking proposals from qualified firms to provide 401(k) & 457(b) Plan Provider Services. The professional services solicited may include, but are not limited to, the following bundled administrative services: custodial trustee, administrative, recordkeeping, participant education, enrollment, and regulatory support for theplans. The primary objectives of the RFP review and selection process will be to: Control participant expenses Enhance the participant experience Provide high-quality on-site education services Maintain a best of class investment offering The Plan is intended to serve as a supplemental retirement savings plan. Recognizing that investments will be subject to Participant choice; important consideration will include Participant education and communication services as well as web-based tools in the evaluation of Proposers. Any changes to the fund menu are not within Scope of Services in this Request for Proposal and will remain the sole discretion of the Town of Hilton Head Island.
