OKADC wage, welfare & pension bonds.
$750 flat.
A signatory employer posts this bond so the wage expense, welfare, and pension contributions it owes each pay period actually reach the trust funds administered by the Ohio-Kentucky Administrative District Council. It is a collective bargaining obligation, not an Ohio state licensing requirement, and the council fixes this filing at a $25,000 bond. Ours is $750 flat — the price you see is the checkout price. The application includes a credit consent, but it authorizes a soft credit pull only.
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Three steps. One sitting.
A new signatory agreement usually comes with a start date attached, and the funds office wants the bond in hand before the first report. Here’s the entire process:
Apply online
Business details, an effective date, and the credit consent that authorizes a soft pull. That’s the application.
Pay & e-sign
Most applications approve instantly — the consent only authorizes a soft inquiry that won’t affect your score. At most, 1–2 business days.
Send it to the funds office
Your executed bond and power of attorney arrive by email, ready to send to the OKADC funds office that administers your plans and collects the periodic reports. Wet-ink original mailed on request.
What it is and who needs it.
What the OKADC wage, welfare & pension bond actually guarantees
When an employer signs a collective bargaining agreement with the Ohio-Kentucky Administrative District Council, it takes on negotiated wage rates and employer contributions to the council’s trust funds — typically wage expense, health and welfare, and pension. A wage, welfare & pension bond is the security the funds office can require a signatory employer to post so those reported contributions actually reach the funds they are owed to.
It’s a three-party arrangement: you (the principal), the surety carrier, and the Ohio-Kentucky Administrative District Council and its trust funds (the obligee). If a signatory employer becomes delinquent on a required report or payment, the funds office can make a claim against the bond, up to the bonded $25,000, to recover the shortfall — the surety then seeks reimbursement from the employer.
This is a private, contractual bond, not an Ohio state licensing requirement — no state agency issues it or receives it. The obligation runs from the collective bargaining or signatory agreement between the employer and the council. We price this specific filing at $750 flat, and the application includes only a soft credit consent — never a hard inquiry.
You need this bond if you are
One application, issued instantly.
These are the actual issuing fields. The credit consent authorizes a soft pull only — a soft inquiry that never affects your score.
Start the application →Common questions.
Other Ohio bonds.
Signatory status waiting on one bond.
$750 flat, no hard credit pull, bond often issued in the same sitting. Free until issued.