Key Takeaways
- • Delta, Colo., is seeking a bundled provider to administer its 401(a) and 457 defined contribution plans, according to a request for proposals posted on the city's procurement website.
- • The plans hold a combined $15 million in assets across two 401(a) accounts and one 457 plan that includes a Roth option.
- • The selected provider will monitor investment options, recommend diversification and risk-management strategies, and disclose fees, compensation and conflicts of interest.
- • Proposals are due Dec. 2; the RFP does not state a reason for the search, whether the incumbent may rebid, or a selection timeline.
Summary
The city of Delta, Colorado, is searching for a bundled provider to serve its defined contribution plans, according to a request for proposals (RFP) posted on the city's procurement website and reported by Pensions & Investments on November 12, 2026. The search covers two 401(a) accounts and a 457 plan that includes a Roth option, which together hold a combined $15 million in assets.
Under the RFP, the selected provider will be expected to monitor the plans' investment options, recommend diversification and risk-management strategies, and provide full disclosure of fees, compensation and any conflicts of interest. A bundled arrangement typically combines recordkeeping, administration and investment services under a single provider, which is the structure the city is seeking.
The RFP is available through BidNetDirect, and registration is required to access the documents. Proposals are due by December 2. The solicitation did not give a reason for the search and did not state whether the incumbent provider is eligible to rebid. No timeline for selecting a provider was provided.
The story was produced with AI assistance for an initial draft; the author revised it and independently verified the information.
Under the RFP, the selected provider will be expected to monitor the plans' investment options, recommend diversification and risk-management strategies, and provide full disclosure of fees, compensation and any conflicts of interest. A bundled arrangement typically combines recordkeeping, administration and investment services under a single provider, which is the structure the city is seeking.
The RFP is available through BidNetDirect, and registration is required to access the documents. Proposals are due by December 2. The solicitation did not give a reason for the search and did not state whether the incumbent provider is eligible to rebid. No timeline for selecting a provider was provided.
The story was produced with AI assistance for an initial draft; the author revised it and independently verified the information.
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