ERISA COMPLIANCE BOND
For 401(k) or Similar Retirement Plans
Employee Retirement Income Security Act of 1974
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(800) 929-6093
Agent@AtkinsonBros.com
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Click on your state to print then fax or mail the completed form to us.
(*Call for information if in any other State)
Do You Need An ERISA Bond?
Every Fiduciary (trustee or administrator) who manages employee Pension, Profit Sharing, 401K, SEP, ESOP, or similar benefit plans.
Why is a Bond Required?
It protects investors and their interest in the plan's assets from breach of fiduciary duty and It’s The Law - Employee Retirement Income Security Act (ERISA) of 1974.
Does Your Plan Satisfy The Law?
ERISA requires that all Fiduciaries be bonded. Our form bonds all Fiduciaries, except independent contractors, at all times in order to maintain compliance.
Protect Plan Participants, Their Beneficiaries & Comply With The Law.
The required ERISA bond benefits only plan participants and their beneficiaries. Contact us for information on Fiduciary Liability Coverage. |
THREE-YEAR PREMIUMS ARE BASED ON 5 OR FEWER TRUSTEES.
BOND AMOUNT MUST BE AT LEAST 10% OF THE CURRENT PLAN ASSET VALUE.
Amount of Bond: (If over $250,000, provide us with form 5500, Schedule D)
**Inflation Guard automatically adjusts the bond limit to keep it in compliance with ERISA requirements. All costs shown are as of 06/01/2008, and are based on 5 or fewer trustees.***
Call for a quote if over $500,000 and/or more than 5 Trustees.
(713) 664-4021 or (800) 929-6093
| BOND AMOUNT** |
3 YEAR PREMIUM*** |
| $10,000 - $15,000 |
$ 110.00 |
| $ 20,000 |
$ 116.00 |
| $ 25,000 |
$ 129.00 |
| $ 30,000 |
$ 139.00 |
| $ 50,000 |
$ 178.00 |
| $ 75,000 |
$ 221.00 |
| $ 100,000 |
$ 248.00 |
| $ 125,000 |
$ 261.00 |
| $ 150,000 |
$ 275.00 |
| $ 200,000 |
$ 299.00 |
| $ 250,000 |
$ 323.00 |
| $ 300,000 |
$ 348.00 |
| $ 350,000 |
$ 372.00 |
| $ 400,000 |
$ 396.00 |
| $ 450,000 |
$ 420.00 |
| $ 500,000 |
$ 444.00 |
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Underwritten by RLI Indemnity Company (Best Rated A+) |
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Prices above may also include a state required surcharge.
Florida = 1% of the Total Premium
Kentucky = 1.8% of the Total Premium. |
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