Illinois State University
Request for Proposal: Investment Firms for 403(b) Retirement Plans
Illinois State University will be taking more time to refine the specifications for this request for proposal.
First published Friday, November 14, 2008
Sealed bids will be accepted at the address below until 2:00 PM, Monday December 1, 2008:
117 Hovey Hall
The Board of Trustees of Illinois State University (ISU) is seeking 403(b) investment firms to provide employees with a broad spectrum of investment alternatives for their supplemental retirement monies. Approximately 25% of ISU's benefits eligible population (3,151) currently participates in a 403(b) program. ISU will rely on the individual investment firms and their representatives to explain the advantages and disadvantages of investing for retirement with a 403(b) investment vehicle. Investment companies will be expected to work closely with ISU's 403(b0 third party administrator and common remitter. To insure a broad range of investment options for the ISU employees, it is the intent of ISU to award contracts to multiple investment companies.
For additional information, contact:
Submit 5 copies of the response as defined in the specifications.
The University reserves the right to accept or reject any and all responses or parts thereof.
Illinois Department of Human Rights
(IDHR) eligibility number is required on all proposals.