Every fiduciary responsible for managing a client’s pension, profit sharing or thrift plan and every individual or entity that handles the assets of such plans is required to obtain ERISA bonds under section 412(a) of the federal Employee Retirement Income Security Act of 1974 (ERISA).

The bond protects the assets of a client’s employee benefit plan from fraudulent activity by the fiduciary. It is an amended fidelity bond that satisfies ERISA requirements. ERISA bonds pay clients whose assets the fiduciary manages, while a fidelity bond pays the fiduciary.

 

Learn More about ERISA Bonds

Click here to download an Investment Advisors ERISA Bond application (fiduciaries’ client employee benefit plans).

Click here to download the bonding requirements for ERISA advisors.

Click here to download the U.S. Department of Labor Field Assistance Bulletin No. 2008-04.

Call us with your financial insurance questions.

Even if you’re not a client, you’ll like how helpful we are and how quickly we understand your situation.

Contact Us