RFP 26-011-67 Addendum No. 2

The Shelby County Government is seeking a proposal for the administration of its deferred compensation plan. The plan is designed to provide employees with a tax-deferred savings option for retirement. The selected vendor will be responsible for managing the plan, providing customer service, and ensuring compliance with relevant regulations. The proposal should include information on the vendor's experience, qualifications, and approach to plan administration, as well as a detailed description of the services to be provided and the fees associated with those services. • The vendor must have experience in administering deferred compensation plans for public sector employers. • The vendor must be able to provide a range of investment options and educational resources to plan participants. • The vendor must be able to demonstrate a strong commitment to customer service and participant support. • The vendor must be able to ensure compliance with relevant regulations, including ERISA and IRS guidelines.