Idaho Plumbers & Pipefitters fund bonds.
$200 flat.
Anyone who handles funds or other property of the Idaho Plumbers and Pipefitters Pension Plan Trust must be bonded under the federal fidelity-bond rule at ERISA §412 (29 U.S.C. §1112). This particular filing is fixed at a $5,000 penal sum — ours is $200 flat, and the price you see is the checkout price.
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How much does an Idaho Plumbers & Pipefitters fund bond cost?
$200 at the $5,000 amount, the same for every applicant.
Three steps. One sitting.
A standard fund fidelity bond at this size is one of the simpler filings in surety. Here's the entire process:
Apply online
Your details, your role with the fund (trustee, administrator, employee handling funds), and an effective date. That's the application.
Pay & e-sign
Fidelity bonds at this size are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Send it to the fund office
Your executed bond and power of attorney arrive by email, ready to file with the fund's trustees or plan administrator. Wet-ink original mailed on request.
What it is and who needs it.
What the fund fidelity bond covers
The Idaho Plumbers and Pipefitters Pension Plan Trust is an employee benefit plan administered for plumber and pipefitter union members in Idaho. Federal law — ERISA §412, 29 U.S.C. §1112 — requires every plan official who handles funds or other property of the plan to be covered by a fidelity bond, unless a narrow statutory exemption applies.
The bond protects the plan against loss from fraud or dishonesty by a bonded person — theft, embezzlement, forgery, misappropriation, and similar acts — not against ordinary investment loss or a bad business decision. Federal law generally sets the floor at 10% of the funds handled in the preceding plan year, with a $1,000 statutory minimum per plan official and typically a $500,000 cap per plan; this specific filing is fixed at $5,000.
It is not insurance for you — it protects the plan's participants and beneficiaries from a dishonest act by someone with access to plan money. If a claim is paid, the bonded person is liable to reimburse the surety. Confirm the exact amount your role requires with the fund's trustees or plan administrator before you apply; we issue this specific $5,000 filing.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Pay & e-sign. Fidelity bonds at this size are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
What sets the price
The premium is fixed at $200 at the $5,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual issuing fields, including your role with the fund. The credit section authorizes a soft pull only.
Start the application →Common questions.
Other Idaho bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
File your fund fidelity bond today.
$200 flat, soft pull only, bond often issued in the same sitting. Free until issued.