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New Jersey (NJ) ERISA, Pension Plan, or Profit Sharing Bonds
If you own a business or are a PENSION PLAN or PROFIT SHARING PLAN administrator then Federal Law enacted in 1974 mandates an Erisa Pension Plan Bond. These bonds are available for 401K plans, Pension Plans, Profit Sharing Plans, etc. The bond must be at least 10% of the amount of funds in the plan.
ERISA stands for: Employment Retirement Income Security Act
These bond protects the participants in the plan against dishonest acts of the administrator(s). Print out the simple ERISA BOND APPLICATION. Complete it and fax back to this agency. Do not fax or mail it to CNA. We need a completed application in order to provide a quotation.
Please call if you have any questions. Call 973-377-6100