Ohio Iron Workers wage & fringe benefit bonds.
$800 flat.
A contractor signatory to the Iron Workers District Council of Southern Ohio & Vicinity's collective bargaining agreement files a $20,000 wage & fringe benefit bond with the District Council's Benefit Trust — ours is $800 flat, and the price you see is the checkout price.
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How much does an Ohio Iron Workers wage & fringe benefit bond cost?
$800 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
A wage & fringe benefit filing is about the simplest thing in surety. Here's the entire process:
Apply online
Business details, an effective date, and a soft credit consent. That's the application — no financial statements, no follow-up scavenger hunt.
Pay & e-sign
Wage & fringe benefit filings like this are among the thousands of 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 Benefit Trust
Your executed bond and power of attorney arrive by email, ready to file with the District Council Benefit Trust office. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The Iron Workers District Council of Southern Ohio & Vicinity Benefit, Pension and Annuity Trust requires signatory contractors — ironworker employers bound by the District Council's collective bargaining agreement — to post a wage & fringe benefit bond. It is not an Ohio license bond; there is no statute conditioning it. It is a Trust-office requirement, negotiated into the labor agreement, that backstops the contractor's promise to pay the wages and fringe-benefit contributions (health, pension, and annuity) the agreement obligates.
It's a three-party arrangement: you (the principal), the surety carrier, and the Benefit Trust (the obligee), with covered union members as the protected parties. If a signatory contractor falls behind on contributions or wages the agreement covers, the Trust can make a claim against the bond to recover what is owed.
It is not insurance for you — if the surety pays a claim, you repay the surety. New contractors are sometimes permitted to hold a reduced filing while paying contributions weekly, moving to the standard $20,000 bond once established — confirm your specific class and amount with the Trust office before you file, since we write to whatever the Trust currently requires.
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 Benefit Trust. Your executed bond and power of attorney arrive by email, ready to file with the District Council Benefit Trust 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 — the only credit-related item is a soft-pull consent.
Start the application →Common questions.
Other Ohio bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Benefit Trust filing today.
$800 flat, soft pull only, bond often issued in the same sitting. Free until issued.