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Court & Fiduciary Bond

ERISA Fidelity Bond

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An ERISA fidelity bond—also called an employee benefit plan bond or ERISA bond—is a federal requirement under the Employee Retirement Income Security Act (ERISA).

This bond protects employee benefit plans such as 401(k), pension, and profit-sharing plans from losses caused by fraud, theft, or dishonesty committed by individuals who handle plan funds.

Securing this bond ensures your plan remains compliant and financially protected.

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The Basics

What Is an ERISA Fidelity Bond?

An ERISA fidelity bond (also called an employee benefit plan bond or ERISA bond) is a federal requirement under the Employee Retirement Income Security Act (ERISA). This bond protects employee benefit plans—such as 401(k), pension, and profit-sharing plans—from losses caused by fraud, theft, or dishonesty committed by individuals who handle plan funds.

An ERISA fidelity bond protects plan participants from:

Theft or misappropriation of plan assets
Fraudulent handling of employee benefit funds
Embezzlement or dishonest acts by plan fiduciaries
Misuse of contributions or plan property
Violations of ERISA bonding requirements

If your business manages or has access to employee benefit plan funds, federal law requires this bond.

Pricing

ERISA Fidelity Bond Amounts and Cost

ERISA bond amounts are set by federal regulation and typically equal 10% of plan assets, with a minimum of $1,000 and a maximum of $500,000 (or $1,000,000 for plans holding employer securities).

Your premium depends on:

Bond amount
Number of plan fiduciaries covered
Plan size and asset value

Most ERISA fidelity bonds are inexpensive and qualify instantly with low annual rates.

Eligibility

Who Needs an ERISA Fidelity Bond

You may need an ERISA fidelity bond if you are responsible for handling or accessing:

401(k) plan funds
Pension or retirement plan assets
Profit-sharing plans
Employee benefit trust accounts
Health or welfare benefit plans
Any ERISA-regulated plan involving financial assets

Any fiduciary or employee who manages, controls, or disburses plan funds must be covered.

Requirements

ERISA Fidelity Bond Requirements & Eligibility

Federal ERISA regulations require:

Bond coverage equal to at least 10% of plan assets
Minimum bond amount of $1,000
Maximum bond amount of $500,000 (or $1,000,000 for employer securities)
Coverage for every person who handles plan funds
Annual renewal or multi-year bond options

The ERISA fidelity bond must be issued by a Treasury-listed surety company.

Simple Process

How the ERISA Fidelity Bond Process Works

1

Complete the Application

Submit the quick, 60-second application.

2

Secure the Lowest Rate

We match you with the best rate available from A-rated sureties.

3

Receive Your Bond

Same-day issuance available for immediate ERISA compliance.

Our Advantage

Why Businesses Choose Us for ERISA Fidelity Bonds

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Lowest rates from A-rated sureties
Fast approvals for all plan sizes
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Digital delivery for immediate compliance
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ERISA bond specialists
100% federal compliance guaranteed
Questions

Top ERISA Fidelity Bond Questions Answered

Our most common questions answered efficiently.

How much does an ERISA fidelity bond cost?

Bond amounts typically equal 10% of plan assets, with a minimum of $1,000 and maximum of $500,000 (or $1,000,000 for employer securities). Most bonds are inexpensive with low annual rates.

How long does approval take?

Approvals are fast, with same-day issuance available for immediate ERISA compliance.

What does an ERISA fidelity bond guarantee?

The bond guarantees protection against theft, fraud, embezzlement, or dishonest acts by anyone who handles employee benefit plan funds.

Can the bond be refunded?

Refund policies vary by surety. Contact us for specifics on your ERISA fidelity bond.

Is an ERISA fidelity bond the same as fiduciary liability insurance?

No — an ERISA fidelity bond covers theft and dishonesty by plan handlers, while fiduciary liability insurance covers breaches of fiduciary duty. They serve different purposes and are not interchangeable.

Real Results

Customer Testimonials

What our customers are saying about us.

Inspire Surety made securing our ERISA fidelity bond incredibly easy. Fast approval and great service.

Laura M.HR Benefits Manager

Our company needed multiple ERISA bonds for different plans. Inspire Surety handled everything flawlessly.

Greg T.CFO

As a small business, we appreciated how simple the process was. Excellent communication throughout.

Nina S.Office Administrator

We expanded our retirement plan offerings, and Inspire Surety issued our new ERISA bond the same day.

Robert H.Plan Administrator

Clear guidance and fast turnaround. Inspire Surety ensured we met all ERISA bond requirements.

Stephanie P.Compliance Director

Our audit required immediate proof of bonding. Inspire Surety delivered instantly and saved us from delays.

Carl J.HR Benefits Director

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Fast approvals, lowest rates, guaranteed ERISA compliance.

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