What is a fidelity bond and do I need one?
• A fidelity bond is an insurance policy that covers the plan sponsor who handles the assets of the plan. Employers who have no employees are not required to purchase this coverage. Do I have to cover all the employees of the corporation? • No. Eligibility requirement are determined when we design your plan. Gillis Pension Consultants 41004 Seafoam Circle Lake Elsinore, CA 92532 951.257.4280 (Phone) Gillis Pension Consultants is a Third Party Administrator company. We provide incorporation services, plan design, plan document preparation and maintenance, annual administration (trust accounting, participant benefit statements, annual reporting), and consulting. We do not sell investment products and we are strictly a fee-based company. We will not be investing your retirement funds, but will recommend a financial advisor if needed.
