Employee Retirement Plan Investment Management and Financial Wellness Consulting

Location:	Pennsylvania
Posted:	Nov 18, 2025
Due:	Dec 12, 2025
Agency:	Housing Authority of the City of Pittsburgh
Type of Government:	State & Local
Category:	R - Professional, Administrative and Management Support Services
Solicitation No:	RFP/RFQ#650-41-25
Publication URL:	To access bid details, please log in.

RFP/RFQ#650-41-25

OPEN

The Housing Authority of the City of Pittsburgh seeks proposals from persons or organizations qualified to provide employee retirement plan investment management and financial wellness consulting services.

Issue Date:

Nov 17, 2025 08:00 am

Meeting Date:

Dec 3, 2025 09:00 am

Deadline Date:

Dec 12, 2025 09:00 am

Procurement Documents

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Nov 17, 2025

RFP #650-41-25 Employee Retirement Plan Investment Management and Financial Wellness Consulting

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Housing Authority of the City of Pittsburgh

RFP #650-41-25

Retirement Plan Advisor

HOUSING AUTHORITY OF THE CITY OF PITTSBURGH

REQUEST FOR PROPOSALS

Employee Retirement Plan Investment Management and Financial

Wellness Consulting

RFP #650-41-25

Due:

December 12, 2025

9:00 A.M.

To: Mr. Brandon Havranek

Associate Director of

Procurement/Contracting Officer

Procurement Department

412 Boulevard of the Allies

6th Floor Procurement Department

Pittsburgh, PA 15219

Housing Authority of the City of Pittsburgh

SECTION I

INTRODUCTION

RFP #650-41-25

Retirement Plan Advisor

The HACP is a municipal corporation, formed under the U.S. Housing Act of 1937, codified at 42

U.S.C. Section 1401 et seq. as amended and the Housing Authority Law of Commonwealth of

Pennsylvania codified at 35 P.C. 1542, et. seq. as amended. As such, the HACP is charged with

providing “affordable decent, safe and sanitary housing for low-income persons.”

The HACP has approximately 300 employees and services over 10,000 residents. The Authority,

its partners and subsidiaries operate approximately 4000 units of rental housing; and, through its

Housing Choice Voucher Program, funds housing assistance for the rental of more than 6000 other

units of privately owned housing.

Major operational departments include Asset and Site Management, Facility Services, Occupancy,

Housing Choice Voucher, and Modernization & Development. Major administrative departments

include Legal, Finance, Information Technology, and Human Resources. Our public and

community relations departments are Community Affairs and Resident Self-Sufficiency. All

departments work together to achieve the goals of the Authority that are set by the Board of

Commissioners. Day-to-day decision-making rests with the Executive Director, who reports to the

Board of Commissioners on a regular basis.

The Housing Authority of the City of Pittsburgh seeks proposals from persons or organizations

qualified to provide employee retirement plan investment management and financial wellness

consulting services.

The Authority is contemplating the award of a professional service contract, or contracts, for an

initial term of three (3) years with two (2), one (1) year extension options, for a total of five

(5) years, in the form of the Contract (Attachment A) through this solicitation process. If

submitting alterations to the HACP contract for review and acceptance by HACP, please submit

an electronic version in MS Word format with your proposal. If submitting your company contract

for review and acceptance by HACP, please submit an electronic version in MS Word format with

your proposal. If your contract is not included with your proposal, it is assumed that HACP’s

contract will be used and is binding.

Any questions regarding this Request for Proposals should be in writing and directed to:

Mr. Brandon Havranek –

Associate Director of Procurement/Contracting Officer

Housing Authority of the City of Pittsburgh

412 Boulevard of the Allies

6th Floor, Procurement Department

Pittsburgh, PA 15219

412-456-5000 Ext 2890

If submitting questions via email, please send to brandon.havranek@hacp.org

A complete proposal package may be obtained from:

Business Opportunities Section of the HACP website, www.hacp.org

Housing Authority of the City of Pittsburgh

RFP #650-41-25

Retirement Plan Advisor

Following are the Key Dates associated with this Request for Proposals:

December 12, 2025

9:00 a.m.

Deadline for Submission of Proposals

Mr. Brandon Havranek

Associate Director of Procurement/Contracting

Officer

Housing Authority of the City of Pittsburgh

412 Boulevard of the Allies

6th Floor, Procurement Department

Pittsburgh, PA 15219

December 3, 2025

9:00 a.m.

Pre-submission Meeting:

will be held via Zoom Meeting:

Join Zoom Meeting

https://hacp-

org.zoom.us/j/83693094073?pwd=eaxxrhtcXczla

D1yGCGI8Hlh731jKP.1

Meeting ID: 836 9309 4073

Passcode: 540392

Dial by your location:

+1 301 715 8592 US (Washington D.C)

December 4, 2025

9:00 a.m.

Deadline for the submission of written

questions.

**Deadlines are subject to extension at HACP discretion and will be communicated as an

addendum to this solicitation.

HACP will also accept online submissions for this Request for Proposals, for those respondents

wishing to submit online, please go to the following web address to upload documents:

https://www.dropbox.com/request/lBsbse7Vb6Q9uoaIWdJz

Please include your name and email address when prompted before submitting and upload all

relevant attachments in the same document. Formatting for online submission should be

organized in the same manner as if submitting the information via flash drive. The title of the

uploaded bid shall be as follows:

[Full Company Name]_RFP #650-41-25_Technical

[Full Company Name]_RFP #650-41-25_Fee Proposal

Housing Authority of the City of Pittsburgh

RFP #650-41-25

Retirement Plan Advisor

In the unlikely event your bid is too large to be uploaded as a single file, add: _Part-1, _Part-2…

etc. to the end of the file name.

In addition to the electronic submittal above, The Housing Authority of the City of Pittsburgh

will only be accepting physical proposals dropped off in person from 8:00 AM until the

closing time of 9:00 a.m. on December 12, 2025, in the lobby of the One Stop Shop at 412

Boulevard of the Allies, Pittsburgh, PA 15219. Proposals may still be mailed via USPS at which

time they will be time and date stamped in the Procurement Department at 412 Boulevard of the

Allies, 6th Floor Procurement Department, Pittsburgh, PA 15219. All proposals must be

received at the above address no later than 9:00 a.m. on December 12, 2025, regardless of the

selected delivery mechanism.

Housing Authority of the City of Pittsburgh

RFP #650-41-25

Retirement Plan Advisor

SECTION II

SCOPE OF SERVICES

Overview. The Retirement Plan Advisor shall provide plan investment management and consulting services for

the Housing Authority of the City of Pittsburgh (HACP) Pension Plan, and financial wellness and education services to

HACP employees, in good faith and in the best interest of the plan participants.

II. Key services typically include:

A. Investment Selection and Monitoring:

1. Recommend customized fixed income portfolio solutions.

2. Performing due diligence to select a diverse range of investment options, monitor their

performance, and recommend the replacement of underperforming funds as needed.

B. Investment Policy Statement (IPS):

1. Provide timely guidance on governance and fiduciary structure, including the Investment Policy

Statement (IPS).

2. The Advisor will create and manage a written IPS, which outlines the philosophies and

procedures for investment decisions, objectives, and evaluation criteria.

C. Asset Management:

1. Provide ongoing portfolio monitoring, acting quickly to enable the fiduciary to implement

strategic and tactical shifts as opportunities arise.

2. Develop recommendations for strategic asset allocations.

3. Recommend the acquisition or disposal of plan assets to maximize growth while managing risk.

4. Conduct asset liability studies.

D. Compliance Oversight:

1. Ensure that investment choices and processes comply with relevant laws and regulations, such as

IRS rules and alignment with the Employee Retirement Income Security Act (ERISA) when applicable.

E. Reporting and Meetings:

1. Provide regular reports on investments and hold biannual investment committee meetings with

the employer/trustee to review performance and strategy.

2. Provide packages available for reporting to help committee members stay current on related

matters.

3. Provide quarterly asset liability reports with fund status updates included.

4. Assist plan sponsors meet their goals and objectives.

F. Participant Education:

1. Provide educational support to employees on investment strategies and financial wellness to help

them make informed decisions. Services will include delivery of a comprehensive financial wellness and

literacy program to participants with a focus on cash and debt management. insurance, Social Security

strategies, retirement income, retirement plan basics, and college funding.

2. Financial professionals will meet individually with participants who elect to participate in this

service, periodically and upon reasonable request, to collect information necessary to identify the

individual's investment objectives, risk tolerance, and time horizon relating to the investment of the

participant's self-directed retirement plan account or other investment accounts not already being advised

by the financial professional.

3. Financial professionals will provide written recommendations to assist with the participant's

retirement plan and/or investment account among one or more investments available through the plan or

brokerage account. Note: the participant will retain sole discretion over the Investment of their retirement

plan and/or Investment account(s).

This is the opportunity summary page. It provides an overview of this opportunity and a preview of the attached documentation.

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Employee Retirement Plan Investment Management and Financial Wellness Consulting

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