Get Application For Pension Trust (erisa) Name Schedule Bond Nonunion Plans Only Qualifying Assets Only

Filling out the APPLICATION FOR PENSION TRUST (ERISA) NAME SCHEDULE BOND for NonUnion Plans can feel overwhelming. This guide breaks down the necessary steps to ensure you provide all required information correctly and efficiently, facilitating the completion of the form online.

Follow the steps to fill out the form accurately and efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Enter the ‘Requested Bond Amount’ in the designated field. This amount applies to each fiduciary listed.
3. Indicate the ‘Effective Date’ of the bond in the provided space.
4. Respond to the question regarding whether the bond is required due to non-qualifying plan assets. Select 'Yes' or 'No'.
5. Provide the ‘Legal Name of Plan(s)’ as it appears in official documents.
6. Specify the ‘Type of Business’ in relation to the plan.
7. Fill in the ‘Business Address’ and ‘Mailing Address’ where applicable.
8. State the ‘Total Plan Assets’ in the appropriate field.
9. Indicate the ‘Number of Trustees’ managing the plan.
10. Provide the ‘Number of Participants’ involved in the plan.
11. List the names of each fiduciary (trustee) to be named by printing their names clearly in the designated section.
12. Answer whether the Plan is audited by a CPA. If not, explain why in the space provided.
13. If there has been previous ERISA coverage, indicate 'Yes' or 'No' and provide the 'Date of last audit' if applicable.
14. If the answer to previous ERISA coverage was yes, list the bond carrier in the designated field.
15. Respond to whether the applicant has experienced any claims in the past five years and specify details on a separate sheet if applicable.
16. Select the desired duration for the new bond premium payments: 1 year bond or 3 year bond.
17. For requests of $500,000 and larger, note the percentage of Plan assets that are employer securities.
18. Confirm whether Plan accounts are reconciled by an unauthorized person and provide additional information.
19. State whether two or more signatures are required for withdrawals and larger checks.
20. Indicate if separate corporate trust accounts have been established for the Plan assets and provide the address of the asset holding.
21. Review all provided information to ensure accuracy, then secure the Signature of Officer or Employer along with the Official Title.
22. Finally, save changes, then download, print, or share the completed form as needed.

Complete your application and ensure a smooth submission process online.