A sole-proprietor employer signatory to Painters District Council No. 4 can be required to post a $20,000 surety bond in favor of the Council's Health and Welfare Fund, securing the contributions the employer owes on covered payroll. Ours is $800 flat — the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft pull only.
















A fund contribution bond like this is one of the simpler filings we issue. Here's the entire process:
Business and ownership details, an effective date, and a credit consent that authorizes a soft pull only — that is the application.
Fund contribution bonds at this amount are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the Painters District Council No. 4 Health and Welfare Fund's administrative office. Wet-ink original mailed on request.
Painters District Council No. 4 maintains a jointly administered Health and Welfare Fund — a Taft-Hartley employee benefit trust that pays medical and welfare benefits to covered painters and their families out of the contributions employers make on hours worked. To protect the Fund against a signatory employer who falls behind or stops paying, the Fund can require certain employers — including a sole proprietorship — to keep a surety bond on file as a condition of remaining signatory.
It's a three-party arrangement: you (the principal, the sole-proprietor employer), the surety carrier, and the Health and Welfare Fund (the obligee), for the benefit of the covered employees whose contributions the bond secures. If the employer fails to remit contributions the collective bargaining agreement requires, the Fund can make a claim against the bond up to its $20,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. This is distinct from the ERISA fidelity bond under 29 U.S.C. § 1112, which every plan fiduciary and person who handles plan funds is separately required to carry; this $20,000 bond runs in favor of the Fund itself to secure the employer's own contribution obligations, not the fiduciaries' handling of plan assets.
These are the actual issuing fields — business and ownership details, an effective date, and a credit consent that authorizes a soft pull only.
Start the application →$800 flat, soft pull only, bond often issued in the same sitting. Free until issued.