ERISABlog.com is a free educational resource on ERISA fidelity bonds and fiduciary liability insurance, published by the underwriters at Surety One, Inc. An ERISA fidelity bond is required by federal law under ERISA Section 412 to protect an employee benefit plan against loss from fraud or dishonesty; fiduciary liability insurance is the separate coverage that protects plan sponsors, trustees, and committee members personally against breach-of-duty and plan-mismanagement claims. Here we explain how each coverage works, who needs it, and what it costs — and we track the Department of Labor (EBSA) enforcement actions, federal court decisions, and regulatory guidance that shape compliance. Whether you sponsor a 401(k), ESOP, KSOP, multiemployer, or welfare benefit plan, our articles translate ERISA’s bonding and fiduciary obligations into plain English, with the case law and citations you need to stay protected.
