REQUEST FOR PROPOSAL 401K Advisory Services RFP# 072020 DEADLINE FOR ...

Heartland Alliance Heartland Alliance International Heartland Alliance Health Heartland Housing Heartland Human Care Services

REQUEST FOR PROPOSAL 401K Advisory Services

RFP# 072020

DEADLINE FOR SUBMITTING PROPOSAL August 5, 2020 12:00 PM CST

ATTN: Lori Rudnicki, Benefits Manager, Heartland Alliance

Heartland Alliance Heartland Alliance International Heartland Alliance Health Heartland Housing Heartland Human Care Services

TABLE OF CONTENTS

SECTION

I. Introduction A. Introduction B. Background C. Contract Term / Term of Services

II. Scope of Work

III. Proposer's Submittal Submittal Instructions

IV. Key RFP Information A. Introduction B. RFP Timeline C. Communication, Interpretation and Addenda

V. Evaluation Criteria

VI. Diversity

VII. Conflict of Interest and Vendor Code of Conduct

VIII. Additional Information

IX. Attachments and Exhibits

Attachment A ? Proposal Contact Information Attachment B ? Cost Proposal Sheet

List of Exhibits Exhibit 1 ? Insurance Requirements

List of Appendix Appendix 1 ? Certification of Independent Price Determination Appendix 2 ? Certification Regarding Debarment, Suspension, Proposed

Debarment, and Other Responsibility Matters

Heartland Alliance Heartland Alliance International Heartland Alliance Health Heartland Housing Heartland Human Care Services

I. INTRODUCTION

A. Introduction

Heartland Alliance, one of the world's leading anti-poverty organizations that works in communities in the U.S. and abroad to serve those who are homeless, living in poverty, or seeking safety. It provides a comprehensive array of services in the areas of health, housing, jobs and justice ? and leads state and national policy efforts, which target lasting change for individuals and society.

We are courageous champions of human rights who believe that everyone in society that benefits from an alliance that relentlessly pursues Equity and Opportunity for All. We do this through bold partnerships that break down barriers and create greater access to economic opportunity, health and healing, and safety and justice

B. Background

Heartland Alliance is seeking proposals from qualified firms to provide advisory services for our 401k plan. We are seeking an advisor who will assist the 401(k) committee, fiduciaries and plan administrators with oversight of the plan. The advisor will acknowledge in writing that it has a co-fiduciary obligation as an investment advisor to the plan.

The advisor should have extensive retirement plan consulting and assist with our investment plan strategy. This advisor must have experience and a set process by which they evaluate a plan's investment options and recommend the optimal structure. The advisor will assist in choosing our investment portfolio and ensure that the plan is compliant.

C. Contract Term / Term of Services

The term of agreement resulting from this RFP solicitation will be for a period of three (3) years with an option to terminate upon 30 days' notice, or extend for two (2) additional (1) year renewable options at Heartland Alliance discretion.

II. SCOPE OF WORK

The Selected Proposer will assist Heartland Alliance with fiduciary governance, investment requirements, compliance and plan operations of the 401k plan for approximately 2,300 plan participants.

The selected proposer will assist in establishing an investment strategy for Heartland's 401k plan with assets of approximately $36.4 million. This investment strategy will offer broad investment options, robust employee education on the 401k plans, retirement investment planning for employees and an enhanced 401k plan platform.

III. PROPOSER'S SUBMITTAL

Heartland Alliance Heartland Alliance International Heartland Alliance Health Heartland Housing Heartland Human Care Services

Submittal Instructions:

Proposer must complete and submit their proposal to the designated individual listed within this solicitation no later than the date specified on the cover of the RFP.

The Proposal must include the following:

1. Cover/Transmittal Letter

2. Executive Summary ? Provide an overview of the Proposer's company including the range of services offered by the Proposer, years in business, and a brief history

3. Experience and Qualification Statement

4. List of key personnel, qualifications and organizational chart

5. Submit a list of clients Proposer has served in the past three (3) years. Provide contact person, position, address, phone number, dates of services and description of service provided

6. State your ability to begin work and the capacity of your firm to dedicate resources needed to

provide the services requested.

7. Describe your firm and its capabilities for the requested services

8. Number of years in business

9. Number of employees

10. Experience your firm has had within the past five (5) years providing similar services to organizations like Heartland Alliance

11. Operations Plan

a. Proposers shall prepare a detailed method of approach to the scope of work which indicates the services proposed to be performed by the Proposer. This section should confirm the Proposer's understanding of the RFP.

b. The Proposer should clearly outline the recommended approach of the organization in meeting the responsibilities that Heartland Alliance has outlined. The method of approach should be addressed in a manner that reflects an understanding and commitment to provide the requested services in a professional and timely manner.

12. Provide a minimum of three (3) client references

13. Proposer Contact Information Sheet (Attachment A)

14. Cost Proposal Sheet (Attachment B)

Heartland Alliance Heartland Alliance International Heartland Alliance Health Heartland Housing Heartland Human Care Services

IV. Key RFP Information

A.

Introduction

Heartland Alliance will receive Proposals at this location only until 12:00 P.M. (CST) on August 5, 2020 in accordance with this RFP. One (1) clearly marked "Original" hard copy, (4) hard copies and one (1) electronic copy of the proposal including forms and attachments must be received by Heartland Alliance at the address below. An electronic copy must also be received by this date to the email address below.

Heartland Alliance Attn: Lori Rudnicki Human Resources Department 208 S. LaSalle Street Chicago, IL 60604 lrudnicki@

Proposals submitted after the designated date and time will not be accepted.

B.

RFP Timeline

RFP Issued Respondents Questions Due Answers to Questions

July 10, 2020 July 14, 2020 July 17, 2020

RFP Due

August 5, 2020

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