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How Much Fidelity Bond Coverage Are We Required to Have?

DWC 05/12/20
Facts We are in the process of reviewing all our various business insurance policies to determine which ones we need to keep, update, or eliminate. One the coverages on our review list is the fidelity bond for our 401(k) plan. Although our plan does invest some in regular mutual funds (about $200,000), the plan also holds some non-traditional ...
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What Is The Difference Between Fiduciary Liability Insurance and a Fidelity Bond?

DWC 04/10/18
Facts My company sponsors a 401(k) plan. With everything that has been in the news about retirement plan fiduciaries and some of the lawsuits against them, we are trying to decide whether or not we should get fiduciary liability insurance for ourselves. Then I looked at our Form 5500 and it shows that we already have plan-related insurance.
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