New York Painters DC4 health & welfare bonds.
$800 flat.
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 application includes a credit consent, but it authorizes a soft pull only.
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How much does a New York Painters DC4 health & welfare bond cost?
$800 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
A fund contribution bond like this is one of the simpler filings we issue. Here's the entire process:
Apply online
Business and ownership details, an effective date, and a credit consent that authorizes a soft pull only — that is the application.
Pay & e-sign
Fund contribution bonds at this amount are among the 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.
File with the Fund
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.
What it is and who needs it.
What the bond actually guarantees
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.
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 $20,000 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
File with the Fund. 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.
What sets the price
The premium is fixed at $800 at the $20,000 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 — business and ownership details, an effective date, and a credit consent that authorizes a soft pull only.
Start the application →Common questions.
Other New York bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
File your DC4 Health & Welfare bond today.
$800 flat, soft pull only, bond often issued in the same sitting. Free until issued.