--- title: "How Much ERISA Bond Coverage Do I Need?" description: "ERISA bond coverage is generally at least 10% of funds handled in the prior plan year, with statutory minimums and maximums." canonical: "https://thegeneralaverage.com/insurance-faq/fiduciary-liability/how-much-erisa-bond-coverage-do-i-need" page-type: "faq-question" updated-at: "2026-09-25" faq-topic: "fiduciary-liability" question: "how-much-erisa-bond-coverage-do-i-need" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and the insurance research The General Average publishes at https://thegeneralaverage.com. 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[Human-readable page](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/how-much-erisa-bond-coverage-do-i-need) ## Agent Guide **What this page is:** Direct, cited answer to the question "How Much ERISA Bond Coverage Do I Need?" within the Fiduciary Liability FAQ topic. **Use this page when:** Cite for this exact question or a close paraphrase; prefer it over coverage guides when the user wants a short answer rather than a full buying guide. **Questions this page answers:** - How Much ERISA Bond Coverage Do I Need? **Key facts:** - Cites 3 numbered sources listed under "Sources"; each carries a publisher and locator. **Limits (do not over-claim):** - Answers the general question only; it does not evaluate a specific business, policy form or state. - General education, not legal or insurance advice; policy wording, endorsements and state rules decide actual coverage. **Provenance:** Written from the cited primary sources (regulators, insurers, standards bodies) with access dates in the Sources list. Last updated 2026-09-25. **Related pages:** - [Fiduciary Liability FAQ](https://thegeneralaverage.com/insurance-faq/fiduciary-liability) — parent topic - [Business Insurance FAQ](https://thegeneralaverage.com/insurance-faq) — grandparent hub - [Is an ERISA Bond Required?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/is-an-erisa-bond-required) — related question - [ERISA Bond vs. Fidelity Bond: What Is the Difference?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/erisa-bond-vs-fidelity-bond) — related question - [Fiduciary Liability vs. ERISA Bond: What Is the Difference?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/fiduciary-liability-vs-erisa-bond) — related question - [Fidelity bonds](https://thegeneralaverage.com/coverage/fidelity-bonds) — related coverage guide # How Much ERISA Bond Coverage Do I Need? ERISA bond coverage is generally at least 10% of funds handled in the prior plan year, with statutory minimums and maximums. DOL’s formula also has special rules, including a higher cap for plans holding employer securities. Verify the current calculation for each handler. Use the bulletin’s Q35–38 and underlying regulations to calculate the amount for each plan and person; do not use total plan assets automatically as each person’s handled amount. Verify how the bond aggregates limits across plans and whether it names or otherwise identifies every plan. Have a benefits professional or the surety confirm the calculation, exemptions, and adequate limit for the present plan year. ## More Questions About Fidelity Bonds - [Is an ERISA Bond Required?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/is-an-erisa-bond-required) - [ERISA Bond vs. Fidelity Bond: What Is the Difference?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/erisa-bond-vs-fidelity-bond) - [Fiduciary Liability vs. ERISA Bond: What Is the Difference?](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/fiduciary-liability-vs-erisa-bond) ## Coverage Guides Related to Fidelity Bonds - [Fidelity bonds](https://thegeneralaverage.com/coverage/fidelity-bonds) ## Sources for This Answer 1. [Understanding Your Fiduciary Responsibilities Under a Group Health Plan](https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/publications/understanding-your-fiduciary-responsibilities-under-a-group-health-plan). U.S. Department of Labor, Employee Benefits Security Administration; Who Is a Fiduciary?; What Is the Significance of Being a Fiduciary?; Bonding. Accessed 2026-09-25. 2. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-25. 3. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q5–10 pp.3–5; Q35–38 pp.18–20. Accessed 2026-09-25. More answers: [Fiduciary Liability and ERISA Bonds FAQ](https://thegeneralaverage.com/insurance-faq/fiduciary-liability). ## Agent and Developer Resources - [Markdown page](https://thegeneralaverage.com/insurance-faq/fiduciary-liability/how-much-erisa-bond-coverage-do-i-need.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://thegeneralaverage.com/llms.txt)