|Bond Amount||Cost*||Term||Buy Now|
|$25,000||$159.00||3 years||BUY NOW|
|$50,000||$200.00||3 years||BUY NOW|
|$75,000||$236.00||3 years||BUY NOW|
|$100,000||$208.00||3 years||BUY NOW|
|$125,000||$270.00||3 years||BUY NOW|
|$150,000||$281.00||3 years||BUY NOW|
|$200,000||$302.00||3 years||BUY NOW|
|$250,000||$322.00||3 years||BUY NOW|
|$300,000||$342.00||3 years||BUY NOW|
|$350,000||$362.00||3 years||BUY NOW|
|$400,000||$383.00||3 years||BUY NOW|
|$450,000||$403.00||3 years||BUY NOW|
|$500,000||$424.00||3 years||BUY NOW|
No Credit Check, Instant Issue! ERISA Bonds are considered low risk, which means these bonds can be issued instantly with no credit check or signed application required for bond approval. Our applicants can get bonded quickly, easily and at the lowest price. Apply online today!
According to Employee Retirement Income Security Act (ERISA), every fiduciary of an employee benefit plan and every person who handles funds of such plan shall be bonded in an amount equal to 10% of the funds handled (subject to a maximum of $500,000 or $1,000,000 when employer securities are included). If the plan includes non-qualifying assets, the bond amount is the greater of 10% of plan assets being handled or the value of the non-qualifying assets, whichever is greater (subject to limits stated above).
If the money manager who works directly for the retirement plan mismanages funds, the bond will hold that individual liable for losses. The bond amount can then be used to reimburse individuals for funds lost as a result of the fiduciary’s financial mismanagement. As such, a fiduciary’s bond amount must be reviewed and updated annually as the plan’s assets change.
ERISA surety bonds are not required for SEC-registered brokers and dealers that are subject to fidelity bond mandates of their own regulatory agency or organization.
State LinksMore Info Here