Project Information

Bid Title

RFP 26-14-214404 ARRC 401K 457 Recordkeeping

Issuing Agency

Alaska Railroad

Location

Alaska

Published Date

Apr 21, 2026

Closing Date

May 15, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

RFP 26-14-214404 ARRC 401K 457 Recordkeeping

RFP 26-14-214404 ARRC 1776 401K 457 Recordkeeping
Opening Date: 4/21/2026
Closing Date: 5/15/2026
Attachments:
A. Attachment - EXCEL
B. Attachment - 401(K) Non Rep Plan Dock
C. Attachment - 457 Plan Doc Reinstatement

The Alaska Railroad Corporation is soliciting proposals from qualified firms to provide retirement plan administration, record keeping, education, communications, investment-related, and other services for their 401(k) and 457(b) Plans.

Submit one (1) electronic version via email to me ( ned.taylor@morganstanley.com ) and a copy to Sarah Wallace at wallaces@akrr.com .

Important dates for the RFP process:

RFP issue date: April 21, 2026

Questions and clarifications from Proposing Firms due: May 1, 2026

Response to questions and clarifications: May 8, 2026

Proposal due date: 3pm Alaska Time on May 15th, 2026

Finalist interviews: Week of August 24th or 31st

Attachment Preview

Alaska Railroad Corporation

401(k) Defined Contribution Plan &

457 Deferred Compensation Plan

Request for Proposals for

Retirement Plan Administration and Record Keeping Services

April 21, 2026

ALASKA RAILROAD CORPORATION

327 WEST SHIP CREEK AVENUE

ANCHORAGE, ALASKA 99501

EMAIL:

ned.taylor@morganstanley.com and

cc: wallaces@akrr.com

Important Notice: If you received this solicitation from any source other than the Plan Sponsor’s Consultant, you

must request a copy directly from Fiduciary Consulting Group in order to receive answers as well as subsequent

updates, amendments and/or other documents. Failure to contact the Consultant may result in the rejection of your

offer.

ALASKA RAILROAD CORPORATION

327 W. Ship Creek Avenue

Anchorage, AK 99501

REQUEST FOR PROPOSAL

#26-14-214404

Retirement Plan Administration and Record Keeping Services

Response Required: This page must be completed and returned to ensure receipt of future

addenda or additional information. Please e-mail this form to ned.taylor@morganstanley.com and

cc: wallaces@akrr.com. All addenda will be forwarded to the contact’s name and address listed

below.

Firms that have not returned the cover sheet will not be informed of addendums and will

only be alerted to addendums by checking ARRC’s internet site: www.alaskarailroad.com,

select Procurement and then Solicitations. Bidders must acknowledge the receipt of all

issued addendums in their proposal/bid submittal.

Company

Address

Contact

Phone

Email

Website: www.alaskarailroad.com

April 21, 2026

REQUEST FOR PROPOSAL

26-14-214404

Retirement Plan Administration and Record Keeping Services

The Alaska Railroad Corporation (ARRC) is issuing a Request for Proposals (RFP) from

qualified firms to provide administration, recordkeeping, education, communication,

investment-related services, and other support for its 401(k) and 457(b) retirement plans.

The RFP aims to evaluate competitive pricing for these services, and ARRC may either

retain its current provider or select a new one based on the proposal analysis.

An electronic copy shall be submitted (email is acceptable). Proposals will be received

until 3:00 p.m. Alaska time, on May 15, 2026 to ARRC’s Consultant Morgan Stanley

Attn: Ned Taylor and ARRC Contract Administrator Sarah Wallace.

The entire bid may be emailed to ned.taylor@morganstanley.com and must contain the RFP

number in the subject line of the email. Please note that email transmission is not

instantaneous. Like sending a hard copy bid, if you are emailing your bid, ARRC and Morgan

Stanley recommend sending it ahead of time to ensure the email is delivered by the deadline

for receipt of bids.

It is the bidder’s responsibility to contact the issuing agency at 1(971)-634-1498 or by email

at ned.taylor@morganstanley.com to confirm that the entire bid has been received. The state

is not responsible for unreadable, corrupt, or missing attachments.

It is the Firm’s responsibility to understand what is required by this solicitation. The ARRC

shall not be held responsible for Firm’s lack of understanding. Should a Firm not understand

any aspect of this RFP, or require further explanation, or clarification regarding the intent or

requirements of this document, it shall be the responsibility of the Firm to seek guidance from

the ARRC.

Proposals shall be submitted on the forms furnished herein. Amendments or withdrawals

must be received by ARRC’s Contracts Section prior to the date and time listed above.

Exceptions to Terms, Conditions and Specifications:

Each Proposer shall indicate all exceptions to terms, conditions, and specifications of this

solicitation individually in its proposal. IMPORTANT: Exceptions other than those not

allowed by law will be rejected. Exceptions received or placed after the proposal’s

submission date will be considered as counter offers and as such will render the entire

proposal non-responsive.

Multiple Proposals:

Multiple proposals are not allowed and if submitted all of your Firm’s proposals will be

determined as non-responsive.

The ARRC may award a contract resulting from this solicitation to the responsible offeror

whose offer conforming to this solicitation will be most advantageous to the ARRC.

ARRC may reject any or all offers if such action is in the best interest of ARRC, and waives

informalities and minor irregularities in offers received. ARRC may award a contract on

the basis of initial offers without discussions. Therefore, each initial offer should contain

the offeror’s best terms from a cost or price and technical standpoint. Any contract resulting

from this solicitation shall incorporate ARRC’s Standard Terms and Conditions contained

in this solicitation package as well as ARRC’s Procurement Rules.

This Request for Proposal is not to be construed as a commitment of any kind nor does it

commit the ARRC to pay for any cost incurred in the submission of an offer or for any other

cost incurred prior to the execution of a formal contract.

Protests (Per ARRC Procurement Rule 1800.2):

A protest based on alleged improprieties or ambiguities in a solicitation must be filed at

least 10 days before the due date of the bid or proposal, unless a later protest due date is

specifically allowed in the solicitation. If a solicitation is made with a shortened public notice

period and the protest is based on alleged improprieties or ambiguities in the solicitation,

the protest must be filed before the due date of the bid or proposal.

The protest of an invitation to bid or a request for proposals in which a pre-bid or pre-

proposal conference is held within 12 days of the due date must be filed before the due

date of the bid or proposal if the protest is based on alleged improprieties or ambiguities in

the solicitation. A protest based upon alleged improprieties in an award of a contract or a

proposed award of a contract must be filed within 10 days after a notice of intent to award

a contract is issued by the procurement officer.

ARRC Disadvantaged Business Enterprise (DBE) Program: ARRC is an equal

opportunity corporation that encourages the participation of DBEs as prime contractors and

subcontractors on its contracts funded in whole or in part by the Federal Transit

Administration (FTA) or the Federal Highway Administration (FHWA). The ARRC has a

race neutral DBE Program and does not set DBE goals on individual solicitations.

Nonetheless, the ARRC aspires to achieve an overall DBE participation of 4.0% in federal

fiscal years 2025-2027 on contracts funded by agencies within the U.S. Department of

Transportation. If this contract is funded in whole or in part by funds from the FTA or the

FHWA, it is imperative that you consult the Federal Terms and Conditions portion of this

solicitation.

Alaska Railroad is a member of Green Star (http://www.greenstarinc.org/).

ARRC earned an initial Green Star Award in 1994 and a Green Star Air Quality

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Award in 2007. The Alaska Railroad considers Green Star membership to be a

positive business attribute, and regards a Green Star award as a tangible sign

of an organization’s commitment to environmental stewardship and continual

improvement within its operations.

Questions

Please direct all questions concerning this RFP via email to ned.taylor@morganstanley.com.

Please include the RFP number in the subject line.

Sincerely,

Sarah Wallace

Contract Administration Specialist

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