Roofers Local 4 benefit fund bonds.
$4,000 flat.
Federal law requires every fiduciary of an employee benefit plan, and everyone who handles plan money, to be bonded against fraud or dishonesty — 29 U.S.C. § 1112, ERISA § 412. A trustee or fund official of the United Union of Roofers, Waterproofers and Allied Workers, Local No. 4 Welfare & Pension Fund — the union's health and retirement trust covering industrial roofers across Northern, Western, and parts of Central New Jersey — files this bond at a $100,000 penal sum. Ours is $4,000 flat, and the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score.
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Three steps. One sitting.
A plan fidelity bond is one of the simpler filings in surety. Here's the entire process:
Apply online
Your details, an effective date, and a one-time consent to a soft credit pull. No financials, no lengthy underwriting queue.
Pay & e-sign
Filings like this are among the thousands of bond types that issue right after purchase. The credit consent authorizes a soft pull only — it never affects your score. At most, 1–2 business days.
File it
Your executed bond and power of attorney arrive by email, ready to file with the Roofers Local 4 Funds office or keep on record as your fiduciary bond. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
ERISA — the federal Employee Retirement Income Security Act — requires every fiduciary of an employee benefit plan, and every person who handles plan funds or other property, to be bonded under 29 U.S.C. § 1112. The rule applies to trustees, fund officials, and staff of the United Union of Roofers, Waterproofers and Allied Workers, Local No. 4 Welfare & Pension Fund — the multi-employer trust that provides health and retirement benefits to Local 4's industrial roofing members, based out of the union's New Jersey offices.
It's a three-party arrangement: you (the principal, the bonded fiduciary or fund official), the surety carrier, and the plan itself as the obligee. The statute sets the bond at not less than 10% of the funds handled in the prior reporting year, with a $1,000 floor and a $500,000 ceiling — the Local 4 Funds office has this filing written at a fixed $100,000 for the covered role. If a bonded person commits fraud, theft, or dishonest conduct that costs the plan money, the plan can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. It must stay active while you handle plan funds, so confirm your renewal date with the Funds office and we'll track it from there.
You need this bond if you're
One application, quick turnaround.
These are the actual issuing fields — your details, an effective date, and a consent that authorizes a soft credit pull only.
Start the application →Common questions.
Other New Jersey bonds.
Get your plan fidelity bond in place today.
$4,000 flat, soft pull only, bond often issued in the same sitting. Free until issued.