TPA Instructions

ERISA Fidelity Bond

ERISA mandates qualified plans be covered by a fidelity bond. Every administrator, officer, and employee of any plan who handles funds or other property of such plan must be bonded. The bond protects the plan against loss “by reason of acts of fraud or dishonesty” on the part of an administrator, officer, or employee. The minimum bond amounts required must be for a least 10% of plan assets as of the beginning of the plan year plus the anticipated contribution for the plan year or $1,000, whichever is greater. The maximum bond required is generally $500,000.

Fiduciary Liability Insurance

Fiduciaries have important responsibilities and are subject to standards of conduct because they act on behalf of participants in a retirement plan and their beneficiaries. With the additional focus on fiduciaries and their responsibilities for ERISA plans, many employers are discussing fiduciary liability insurance. ERISA section 410 allows a plan to purchase insurance for its fiduciaries or for itself covering losses occurring from fiduciary breach.

Learn More: Why do I need Fiduciary Liability Insurance?

For your IT Department

If you need assistance, please contact  our ERISA Department at 888.383.3313 or by emailing

Sample text for your website: We have partnered with Colonial Surety Company, a leading provider of ERISA/Pension Fidelity Bonds. They are a national insurance company registered in all 50 states and all U.S. territories, providing insurance products since 1930. They are the largest direct seller of ERISA/Pension Fidelity Bonds in the U.S. Just click on one of their links below to get a quote or apply online for immediate online issuance of a fidelity bond.



Here is the HTML code to copy into your company’s website. Simply replace REFCODE with the REFERRAL CODE provided to your company.

Example for the Get a Quote, replacing the REFCODE:

Example for the Apply Now, replacing the REFCODE:


get a quote The HTML below the brings visitors to the New Application
appy now The HTML below the brings visitors to the New Application

Get the word straight from our customers.

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