ERISA Bond
What is a ERISA Bond?
An ERISA Bond is a type of Commercial bond that protects participants and beneficiaries of employee benefit plans from fraud or dishonesty by plan administrators.
Safeguards the assets of employee benefit plans.
Required by the Employee Retirement Income Security Act (ERISA) for plan administrators.
Applicant’s personal information, credit history, bond amount, and plan details.
Varies based on bond amount and credit history, typically starts around $100 annually.
