ERISA Bond
Fidelity surety bond — what it is, what it costs, and how to get one.
Get notified when we openWhat is a ERISA bond?
An ERISA bond is a fidelity bond that federal law requires for anyone who handles funds in an employee benefit or retirement plan. It protects plan participants from losses caused by fraud or dishonesty, and coverage generally must equal at least 10% of the plan funds handled.
Who needs a ERISA bond?
Trustees, administrators, and others who handle 401(k) or other ERISA plan assets.
How much does a ERISA bond cost?
Inexpensive and based on the required coverage amount; multi-year terms are common.
How to get a ERISA bond
Determine your required coverage (often 10% of funds handled, within set limits), apply, and pay your premium.
Frequently asked questions
Generally at least 10% of plan funds handled, subject to a minimum and maximum set by law.
No — it's a federal legal requirement for plan fiduciaries who handle funds.
Related bonds
Ready for your ERISA bond?
We're not issuing bonds yet. Leave your details and we'll reach out as soon as Sunset National Insurance Company is licensed.
Get notified