We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:
An ERISA Bond is a fidelity bond designed to protect employees who are participants of an employee benefit plan. The bond guarantees that money will be available to the participants in the event that a fiduciary mishandles the funds that were entrusted to them.
Need to purchase an ERISA Bond? Apply here or call one of our team members today to see how to get started.
An ERISA bond amount varies, but the bond must be equal to 10% of the maximum amount of assets held in the account for the fiscal year. The cost of the bond will depend on the amount of the bond but expect to pay between 1 to 3% of the actual bond amount. Our team has been in the bond industry for over 25 years, and we still deliver some of the lowest costing bonds around. Give our team a call to see what we can offer you in terms of bond costs.
An ERISA bond is required by the Employment Retirement Security Act to provide employees with protection from dishonest or fraudulent acts at the hands of the administrators of their employee benefit plans.
Call our office to provide us with your application information so we can give you an accurate quote.
Submit the necessary information to our underwriters so they can begin the bond process.
Once approved by our underwriters, we will issue the bond.
Have more questions? Give us a call today at (877) 841 6745.
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