Recording Keeping 457 Plans for City of Aurora - RFP

Agency: City of Aurora
State: Illinois
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Dec 23, 2025
Due Date: Jan 23, 2026
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Project ID:

Title: Recording Keeping 457 Plans for City of Aurora - RFP

Addenda: 0

Release Date: 12/23/2025

Due Date: 1/23/2026

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Recording Keeping 457 Plans for City of Aurora - RFP
Request For Proposal
Accounting
20810 , 20911 , 94600 , 94648 , 94649 ... show all
Project ID: 25-229
Release Date: Tuesday, December 23, 2025
ยท Due Date: Friday, January 23, 2026 11:00am
Posted Tuesday, December 23, 2025 11:30am
All dates & times in Central Time
Draft Response No Bid30 days, 15 hours, 54 minutes


Post Information

Posted At:Tue, Dec 23, 2025 11:30 AM
Sealed Bid Process:Yes (Bids Sealed / Pricing Sealed)
Private Bid:No


Overview



Summary

The City of Aurora, IL is issuing a recordkeeping RFP for its 457 plans. The current plans may be consolidated or retained, pending RFP results.

The City of Aurora, IL is currently evaluating its 457 offerings. There are 5 total plans eligible for group wire. If changes are to be made, the City will need a partner that meets the following criteria:

  • An accountable, responsive, communicative single point of contact with the flexibility to deliver quick turnarounds.
  • An engaging participant website/app with tools to help participants make sound decisions regarding their financial future and retirement.
  • The City outsources 100% of administrative work (ex., hardships, loans, QDROs etc.) to the recordkeeper.
  • Creative, innovative, and cost-effective ways to communicate with participants


Background

Please see the following details for more information.

Client Location: Aurora, IL

Creative Planning MD: Vince Allegra

Creative Planning MD Office: Chicago

Creative Planning Consultant: Jenni Friedman

Creative Planning Consultant Office: Chicago



Timeline

Release Project Date:
December 23, 2025
Question Submission Deadline:
January 12, 2026, 11:00am
Question Response Deadline:
January 16, 2026, 2:00pm
Response Submission Deadline:
January 23, 2026, 11:00am
Creative Planning Presents Results:
Late Winter/Early Spring 2026
Finalist Presentations:
Late Spring 2026
Go Live Date:
To Be Determined
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