{"id":17,"date":"2012-05-06T19:49:45","date_gmt":"2012-05-06T19:49:45","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=17"},"modified":"2017-01-03T16:20:49","modified_gmt":"2017-01-03T16:20:49","slug":"erisa-bond-compliance-should-be-a-top-priority","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/erisa-bond-compliance-should-be-a-top-priority\/","title":{"rendered":"ERISA Bond compliance should be a top priority."},"content":{"rendered":"

Are your company retirement plan managers bonded? \u00a0Federal\u00a0ERISA section 412 and related regulations (29 C.F.R. \u00a7 2550.412-1 and 29 C.F.R. Part 2580) require that every fiduciary of an employee benefit plan and every person who handles funds or other property of such a plan, be bonded. ERISA\u2019s fidelity bonding requirements are intended to protect employee benefit plans from risk of loss due to fraud or dishonesty on the part of persons who \u201dhandle\u201d plan funds or other property. \u00a0A plan official must be bonded for at least 10% of the amount of funds he or she handles, subject to a minimum bond amount of $1,000 per plan with respect to which the plan official has handling functions.\u00a0\u00a0Surety One is a one of the largest underwriters of ERISA fidelity bonds. \u00a0Read more about our ERISA program here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Are your company retirement plan managers bonded? \u00a0Federal\u00a0ERISA section 412 and related regulations (29 C.F.R. \u00a7 2550.412-1 and 29 C.F.R. Part 2580) require that every fiduciary of an employee benefit plan and every person who handles funds or other property… Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[5,6,7],"yoast_head":"\nERISA Bond compliance should be a top priority. • Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/erisa-bond-compliance-should-be-a-top-priority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ERISA Bond compliance should be a top priority. • Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"Are your company retirement plan managers bonded? \u00a0Federal\u00a0ERISA section 412 and related regulations (29 C.F.R. \u00a7 2550.412-1 and 29 C.F.R. 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