Master Contract for Record keeper for Defined Contribution Retirement (DCR) and Tax-Sheltered Annuity (TSA) Programs

Description

30 East 7th Street, Suite 350 St. Paul, MN 55101-7804 651-201-1800 888-667-2848 NOTICE OF SOLICITATION SYSTEM OFFICE RECORDKEEPER FOR DEFINED CONTRIBUTION RETIREMENT (DCR) AND TAX-SHELTERED ANNUITY (TSA) PROGRAMS NOTICE IS HEREBY GIVEN that proposals are being solicited to select a provider to act as a recordkeeper for the 401(a) Defined Contribution Retirement (DCR) program, and the 403(b) Tax Sheltered Annuity (TSA) program of the Minnesota State Colleges and Universities. The Plans cover approximately 34,000 active participants in a system of 31 public colleges and universities with 54 campuses in 47 communities throughout the state of Minnesota. To review the full Request for Proposal please visit https://www.proposaltech.com/home/app.php/register or contact Aon Investments USA Inc: Joe Steen Anne Jackson +1 .813.313.7895 +1.952.240.2589 joe.steen@aon.com anne.jackson@aon.com Key Dates Timeline Friday, August 21, 2026 Friday, August 28, 2026pm Friday, September 4, 2026 at 5:00 pm EST Thursday, October 29, 2026 Thursday, November 12, 2026 Thursday, December 3, 2026 Thursday, December 10, 2026 Publishes RFP notice on MinnState.edu/Vendors webpage Deadline to submit clarifying questions Deadline for RFP proposal submissions Selection of finalists Remote technology demonstrations by finalist In-person finalist presentations Vendor Selection Minnesota State reserves the right to not award a contract. The dates noted above are estimates, but are reasonable for the purposes of presenting deadlines. Minnesota State is an affirmative action, equal opportunity employer and educator. Proposals must be submitted via Proposal Tech at this link https://www.proposaltech.com/home/app.php/ register and received according to the instructions appearing in the Request for Proposal no later than Friday, September 4, at 5:00 p.m. EST. Proposals received after this date and time will not be reviewed. This RFP does not obligate Minnesota State, its Board of Trustees, or the System Office to award a contract or complete the proposed project, and Minnesota State, its Board o Date Posted: 11:24a.m. Central Time , August 21, 2026 MINNESOTA STATE LETTER OF AWARD 2/28/2024