South Dakota — ERISA Bond
Choose an ERISA fidelity bond term for your plan through this South Dakota listing. Continue to RLI for a one-year or three-year application with the required amount ready.
Also known as South Dakota ERISA Bond (1 Year); South Dakota ERISA Bond (3 Years); South Dakota ERISA Bonds
2 options on record. Choose the one that matches your requirement, then purchase.
Fidelity protection responds to covered dishonest acts. The form identifies whose money or property is protected, the covered persons, and the applicable limits.
- Bond family
- Fidelity bond
- Recorded state
- South Dakota
- Category
- Fidelity & employee dishonesty
- Federal programme authority
- United States Department of Labor, Employee Benefits Security Administration
What this bond does
The bond protects employee benefit plan assets against covered fraud or dishonesty by people handling plan funds or property.
- Who needs it
- Employers and administrators arranging bonding for ERISA-covered plan asset handlers, subject to exemptions.
- Who is protected
- The plan is the insured party. Fidelity bonding does not replace fiduciary liability insurance or general business liability coverage.
Choose from 2 options
Each option is a separate record. Where a term, bond amount, premium, or E&O limit is known, it is listed; match it to what your requirement asks for.
- 3 yearsPurchase Now (opens in a new tab)Continue to our secure checkout partner, RLI (opens in a new tab).
- 1 yearPurchase Now (opens in a new tab)Continue to our secure checkout partner, RLI (opens in a new tab).
The coverage amount describes a limit of protection, not the price. Match the requested protection and covered persons to the actual fidelity form. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- U.S. Department of Labor: ERISA Fidelity Bond Guide (opens in a new tab)Checked October 18, 2026
Have these ready
- Gather the exact plan identity.
- Locate any current bond.
- Identify people handling or controlling assets.
- Prepare preceding-year funds-handled figures.
- Confirm the amount and any exemption.
- Coordinate the term and start date.
Questions about this bond
Does every benefit plan need bonding?
No. Federal exceptions and exemptions exist. Your adviser can assess the actual plan and handling arrangement.
Does three years increase the amount?
Choosing a longer period does not itself increase the amount. Confirm the required sum independently.
Will fiduciary liability insurance satisfy bonding?
No. It does not satisfy ERISA's fidelity bonding requirement.
What follows Purchase Now?
RLI opens in a new tab. Complete its application; after issuance, verify the document and keep it with plan records.