Actuarial Rfp Evaluations
Solving problems before they happen.
Actuarial RFP Evaluations
Independent, documented actuarial fee and service comparisons for plan sponsors with pension plans.
Plan sponsors with pension plans often have long-standing relationships with actuarial firms. When actuarial services are paid from the trust, sponsors have a fiduciary obligation to periodically compare fees and services against the market.
Why this comes up
Even when a relationship has worked well for years, sponsors may need to confirm that scope, service levels, and compensation remain reasonable—especially when documentation and process matter to committees, counsel, and internal stakeholders.
Why wait?
Like other service provider categories, actuarial firms have consolidated to drive efficiency and costs. An evaluation helps ensure both core and non-core services are being compared in a consistent way, not just assumed.
What we do
Culpepper RFP acts as an independent third party to assist you through an actuarial evaluation process, helping you compare services and fees clearly and document the rationale for your decision.
Independence matters
There are few truly independent firms that offer this level of evaluation support. Our role is to provide an objective process so you can move forward with confidence and clear documentation
Schedule a Call
Find out how Culpepper RFP can help you outsource the actuarial RFP evaluation process.
Frequently Asked Questions
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If you’re the person carrying the responsibility for benefits decisions inside the organization, this will feel familiar. Culpepper RFP supports HR and finance leaders, ERISA counsel, and committees—because the pressure and the risk often land on your desk either way.
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Culpepper RFP focuses on managing the RFP process itself, so you’re not piecing together vendor comparisons, chasing information, and trying to document everything in between your day-to-day responsibilities. You’re still involved in direction and fiduciary decisions, but the heavy lift of gathering, organizing, and evaluating is handled through our documented process.
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Our services are designed to reduce the time executives and internal teams spend managing details. Expect some upfront coordination and a few check-ins along the way, but the goal is that you’re not carrying weeks of follow-up, tracking, and evaluation work on top of everything else.
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That’s a real concern.Our services are positioned as an independent third-party evaluation process, which can lower the temperature and keep the focus on documented criteria instead of internal pressure or preference. It won’t erase politics, but it can give you a clear, neutral structure to point back to.
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No. Our independent evaluation processes support people who are accountable for the outcome, even if the technical details aren’t your daily focus. We can help you evaluate whether going to an RFP is even necessary, which is often what you want when you’re trying to make a smart decision without creating extra work.
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If you’re thinking, “I’m not sure what level of process we actually need,” you’re not alone. Before you sign up with us we will review your objectives and discuss the most cost and time effective solution. Our services include fee and service benchmarking, RFI evaluation, and full RFP evaluations—so the approach can match the situation instead of defaulting to the most intensive option.
“As we moved towards a plan termination, we were surprised with a change in our funded status. We needed help to investigate other options.”
— CFO