Texas ERISA Bond (1 Year)
Overview
Plan fiduciaries and employers who sponsor or administer an employee benefit plan in Texas are required by federal law to carry an ERISA fidelity bond. This bond protects the plan itself — meaning the retirement or welfare assets held on behalf of plan participants — against losses caused by fraud or dishonesty on the part of those who handle plan funds. It is a federal Department of Labor requirement, not a Texas state license, and it must be maintained continuously for as long as you handle plan assets. Failing to maintain it puts your plan's compliance status at risk.
Who Needs This Bond?
You administer a 401(k), pension, profit-sharing, health plan, or other ERISA-covered employee benefit plan and you handle, or have the authority to handle, plan funds or property. Any plan official who disburses funds, signs checks, moves investments, or otherwise exercises physical contact with plan assets is legally required to be bonded under ERISA. This includes business owners, HR directors, CFOs, bookkeepers, and third-party plan administrators who handle funds directly. If your plan has multiple fiduciaries, each one who handles plan assets must be covered.
What is this Bond For?
This bond protects the employee benefit plan — and by extension, your plan participants — against losses resulting from fraud, embezzlement, or other dishonest acts by anyone who handles plan funds. It does not protect the business from general employee theft; it is specifically scoped to the plan assets your fiduciaries touch. If a plan official steals contributions, manipulates distributions, or misappropriates plan property, the bond provides a recovery mechanism for the plan itself. The Department of Labor sets the minimum bond amount based on the value of plan assets handled.
When is it Required?
Coverage must be in place before any plan official handles or disburses plan funds — not after the fact, and not at the time of a DOL audit. ERISA requires this bond to be obtained at plan inception and renewed each year without lapse. A gap in coverage, even a brief one, creates a period of non-compliance that can surface during a DOL investigation or plan audit. Secure your one-year Texas ERISA bond now so your plan is in good standing for the full coverage period.
Where Does it Apply?
This bond applies statewide across Texas and is tied to federal ERISA requirements rather than any Texas state agency or licensing board. It covers plan assets held or managed anywhere in Texas by the bonded fiduciaries named on the policy. Because ERISA is a federal law, the bond standard is uniform regardless of which Texas city or county your business operates in.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab and complete your application. You will provide basic information about your plan and the fiduciaries who handle plan assets, then proceed directly to purchase. The process is designed to be completed in minutes without waiting on an agent callback.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need the right bond fast, without phone tag or paperwork delays. Our nationwide catalog includes ERISA bonds for Texas plans at every size, all purchasable online right now. You get immediate access, no waiting, and a bond from a platform that specializes in exactly this kind of coverage.