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Amarillo College invites the submission of proposals for the Recordkeeper and Third-Party Administrator (“TPA”) of its 403(b) Plan. Amarillo College offers a 403(b) Plan with current plan assets of $96,671.146 to employees. Within that 403(b) Plan, there are currently 908 total participants. Amarillo College also offers employees a 457(b) Plan with current assets of $3,007.609. Within the 457(b) Plan, there are currently 1,663 total participants. Amarillo College is seeking a Recordkeeper and TPA who has experience working with 403(b), good customer service, conveys consistent answers to participants and administrative/operational questions, and offers participants and plan administrative personnel a great website and user-friendly mobile app. Applicants should also have experience working with structural plan changes including effective date changes, plan amendments, andW plan mergers. The deadline for the submission of proposals is Monday, October 31, 2022.
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