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Thread: Who requires?

  1. Pacman
    Pacman is offline Junior Member
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    Jul 2007
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    Who requires?

    Who requires a ERISA Bond?
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  2. marietta68
    marietta68 is offline Surety Professional
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    Quote Originally Posted by Pacman
    Who requires a ERISA Bond?
    It's required by the US Dept of Labor. The Form 5500 return that's filed with the IRS for the employee benefits plan(s) asks for the name of the bond company, the bond amount, and the bond number. The mandatory minimum bond amount is 10% of plan assets.
    Last edited by marietta68; 08-06-2007 at 01:07 PM.
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