City of Baltimore Retirement Savings Plan RFP for Deferred Compensation & Defined Contribution Recordkeeping and Investment Services

January 13, 2025

The Retirement Savings Plan for Public Employees of the City of Baltimore (“RSP”) invites the submission of proposals for both the 457(b) Deferred Compensation Plan and 401(a) Hybrid and Non-Hybrid Defined Contribution Plans (“the Plans”) for investment management, recordkeeping/administration, communication/education, investment advisory and custodial trustee services.

The full RFP is available for download on the BCERS website.

 

TIMELINE:

  • RFP Date of Issue: Friday, January 10, 2025
  • Submission of vendor questions and intent to reply: Friday, February 7, 2025
  • Responses to vendor questions: Friday, February 14, 2025
  • RFP Due Date: Friday, March 7, 2025
  • Present analysis to Board: April 10, 2025
  • Finalist presentations and selection of Recordkeeper: May 8, 2025
  • Contract negotiation & City Board of Estimates approval: after Board decision

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