NY professional employer organization bonds.
Flat 3%. $2,250.
New York requires a registered PEO to demonstrate financial responsibility — and when net worth or working capital falls short of the statutory minimum, a $75,000 surety bond covers the gap. Ours is a flat 3% — $2,250. Apply in five minutes; a licensed underwriter responds within 48 hours.
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Three steps to registered.
Your PEO registration is waiting on proof of financial responsibility. Here's the entire process:
Apply once, online
Business details plus a short set of commercial questions — entity type, bankruptcy or judgment history, prior surety declines, and the insurance you carry. The same fields the carrier underwrites from.
A licensed underwriter reviews it
A licensed underwriter reviews your file and a soft credit check that never affects your score. The rate is already fixed at 3% — underwriting decides approval, not price. If anything else is needed, it arrives as one email with one checklist.
E-sign & file with the DOL
Pay online and receive the executed, e-signed bond ready to file with your PEO registration. Wet-ink originals with raised seal mailed whenever the Department insists.
The whole pricing page.
$75,000 bond × 3% = $2,250, one-time per term. Fixed amount, fixed rate, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
A professional employer organization (PEO) co-employs its clients' workforces — running payroll, withholding and remitting taxes, and administering benefits for employees on the client's behalf. Because the PEO handles other people's wages and tax money, New York requires it to show it can stand behind those obligations.
The bond is a financial-responsibility guarantee: it's one accepted way to satisfy the statute's minimum net-worth and working-capital test. If a PEO fails to pay wages, taxes, or benefit contributions it was obligated to handle, the protected parties can recover against the bond.
It is not insurance for the PEO — if the surety pays a claim, the PEO repays the surety. PEOs that run clean books treat the bond as a registration formality, not a risk.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including the short commercial questionnaire. Submit once and a licensed underwriter responds within 48 hours.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Who requires this bond? +
Do I pay the $75,000? +
How much does it cost? +
Is there a credit check? +
How fast can I get the bond? +
Do I still need to file financial statements with the Department of Labor? +
Other New York bonds.
Satisfy the financial-responsibility test this week.
Five-minute application, flat 3% ($2,250), underwriter response within 48 hours. Free until your bond is issued.