Topic Archive: Fiduciary Liability Insurance

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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