Project Information

Bid Title

Deferred Compensation Plan Administration - Questions and Answers No. 2

Issuing Agency

Shelby County

Location

Tennessee

Published Date

Jan 12, 2026

Closing Date

Jan 20, 2026

Government Level

State & Local

Status

Closed

Ref. #

RFP 26-011-67

Original Source

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Project Description

Bid Title:

RFP 26-011-67 Questions and Answers No. 2

Category:

Human Resources

Status:

Open

Publish Date:

Monday, January 12, 2026 - 9:30am

Close Date:

01/20/2026 - 4:00pm

Contact Person:

Christina Lemartin

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Related Documents:

RFP 26-011-67 Questions and Answers No. 2.pdf

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Shelby County

Tennessee

Lee Harris, Mayor

QUESTIONS & ANSWERS No. 2

Issued: January 12, 2026

Deferred Compensation Plan Administration

(Human Resource)

TO ALL PROSPECTIVE BIDDERS:

The following question(s) were submitted by potential bidders with answers listed below in red:

Q-26. The Putnam Stable Value fund becoming effective 01-21-2026, has a 9-30-2025 stated

crediting rate of 4.09%. Please provide the most recent crediting rate and time period that is it in

effect for, daily, monthly, or quarterly.

A-26. Putnam Stable Value is priced daily; as of 11-30-2025, the Putnam Stable Value

15 bps share class has a one-year performance of 3.96%.

Q-27. Since the Putnam Stable Value fund will be the only capital preservation fund available on

1/21/2026, will the first 50% payout of the Guaranteed Interest Fund be paid on 1/22/2027,

regardless of who the recordkeeper will be? Or is there a different timeframe for when the clock

starts for the first 50% payout?

A-27. The arrangement in place is the first 50% payout in 2027.

Q-28. Of the 1,770 active participants with a balance as of September 30, 2025, please provide

the number of participants who are active vs. inactive.

A-28. As of 09-30-2025: 1,617 active participants have an election on file greater than

0%/$0.

Q-29. Please provide annual contributions to the Guaranteed Income Fund for the years 2024

and 2025.

A-29. Plan Year 2024: $1,559,245.55; YTD 09-30-2025: $1,225,882.04

1

Q-30. What is the intent going forward for the $26 Million in Goal Maker, which includes $5.4

Million of the Guaranteed Income Fund total?

A-30. Excluding the Guaranteed Income Fund, GoalMaker portfolios will be mapped

to Vanguard Target Retirement Series.

Sincerely,

Original Signature on File

Christina Le Martin, Buyer

Purchasing Department

Shelby County Government

2

Commodity Codes

• NAICS 541611Administrative Management and General Management Consulting Services

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