Ohio Public Employees Retirement System (OPERS) is seeking an external recordkeeper and plan administrator for the Ohio Deferred Compensation Plan. The selected vendor will provide administration, recordkeeping, implementation, participant services, investment transaction processing, technology integration, and reporting. Proposals are due by August 14, 2026. Vendors must adhere to communication restrictions and submit proposals electronically. Evaluation criteria include vendor background, ability to meet engagement outcomes, work plan, privacy and security practices, personnel, use of subcontractors, and cost.
Proposals are due by 12:00 PM ET on August 14, 2026.
Proposals will be evaluated based on the vendor's background, ability to achieve engagement deliverables and outcomes, project work plan, privacy and security practices, personnel, use of subcontractors, and cost.
Vendors must demonstrate experience administering governmental deferred compensation plans of comparable size and complexity, including governmental 457b plans, large participating employer populations, transition initiatives, and hybrid oversight models.
During the evaluation process, OPERS may ask vendors to provide access for site visits.
Communication with OPERS staff outside of the specified channels until an award is made, or failure to submit proposals by the deadline, can be grounds for disqualification.