Laborers 264 & 1290 fund bonds.
4% of the bond amount.
Anyone who handles funds or property of the Laborers Local Union Nos. 264 & 1290 Wage and Trust Fund — the Kansas City-area Laborers' benefit plan — must be bonded under the federal fidelity-bond rule at ERISA §412 (29 U.S.C. §1112). The plan sets the amount, generally at least 10% of the funds handled, subject to statutory floors and caps. The premium here is 4% of the bond amount, $100 minimum, and your exact price appears at the application.
Trusted by industry leaders
Apply to filed in one sitting.
No long underwriting queue for a standard fund fidelity bond — enter your amount, pay, and file with the fund. Here is the whole thing:
Apply online
Your details, your role with the fund (trustee, administrator, employee handling funds), the bond amount, and the effective date, plus a one-time soft credit consent.
Issued
The consent authorizes a soft pull only — it never affects your score. Pricing lands at 4% of the bond amount, $100 minimum.
File with the fund
Your executed bond and power of attorney arrive by email, ready to file with the fund's trustees or the plan's administrative office. Wet-ink original mailed on request.
What it is and who needs it.
What the fund fidelity bond covers
The Laborers Local Union Nos. 264 & 1290 Wage and Trust Fund is an employee benefit plan administered for members of the Missouri-Kansas Laborers' District Council locals based in the Kansas City area. 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 fund 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. Coverage must generally equal at least 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 (higher if the plan holds employer securities).
It is not insurance for you — it protects the fund'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; we issue whatever figure applies, from a $100 minimum.
You need this bond if you are
One application, then a quick review.
Submit the application with the bond amount the fund's trustees set. The credit consent covers a soft pull only — it never affects your score.
Start the application →Common questions.
Other Missouri bonds.
Fund fidelity bond, filed today.
From $100, with your exact price at the application. Enter the amount the fund requires and file the same day.