403(b) Plan fidelity bond requirements

[Guest ewhitmore]

I have been trying to pin down a firm answer as to the bonding requirements for 403(b) plans. What I have gathered is that 403(b) plans that are solely voluntary elective deferrals are not subjct to the ERISA bond requirements. However, I can't find confirmation that 403(b) plans with employer contributions (either match or nonelective) need to acquire a bond (I am not referring to church or governmental plans).

Does anyone have any clarification? Any help would be appreciated

Thanks

[movedon]

I believe that if it is an ERISA plan, it is subject to the bond requirements.

[John Feldt ERPA CPC QPA]

Correct, the bonding is required for ERISA covered plans.