An ERISA bond, or an Employee Retirement Income Security Act bond, is a type of fidelity insurance used to protect people who participate in employee benefit plans, such as a defined benefit plan, a pension fund, or a 401(k) plan.

The Department of Labor requires ERISA bonds for all individuals who have administrative access to employee benefit plan retirement funds/property. According to the Department of Labor:

"The fidelity bond required under ERISA specifically insures a plan against losses due to fraud or dishonesty (e.g., theft) by persons who handle plan funds or property."

ERISA bonds for amounts up to $500,000 are issued for flat rates with set premium pricing and do not require application underwriting. ERISA bonds can be purchased on our website 24/7.

If you have any questions about ERISA bonds at this time, email or call 1 (800) 308-4358 to speak with one of our friendly representatives.