Section 412 of the Employee Retirement Income Security Act (29 U.S.C. §1112) requires every fiduciary of an employee benefit plan, and every person who handles funds or other property of such a plan, to be bonded. The bond must protect the plan against loss from fraud or dishonesty, generally in an amount not less than 10% of the funds handled, subject to a $1,000 minimum per plan official and, absent special circumstances, a $500,000 maximum per plan. Confirm the exact amount your role requires with the fund's trustees or plan administrator.

What the fund fidelity bond covers

You need this bond if you are

Fund fidelity bonds like this usually clear fast. Your executed bond will arrive by email, ready to file with the fund's trustees or plan administrator.

4% of the bond amount, $100 minimum: Missouri fidelity bond for Laborers Local 264 & 1290 Wage and Trust Fund, required under ERISA §412. Instant issue.

Laborers Local Union Nos. 264 & 1290 - Wage and Trust Fund Bond

Laborers Local Union Nos. 264 & 1290 - Wage and Trust Fund

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.