ERISA Bonds

In addition to covering Admitted Plans up to $1,000,000, Brunswick Companies can provide ERISA bonds with Inflation Guard and Retroactive Dates for Plans with Non-qualifying Assets, ESOPs, Labor Union Plans, and Multi-employer Plans.

NOTE: The Employee Retirement Income Security Act (ERISA) of 1974 as amended requires the bond amount be a minimum of 10% of the assets of the Plan subject to a maximum of $500,000 per Plan or 100% of the Non-Qualifying Assets in the Plan if they consistute more than 5% of the total Plan Assets.

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