July 31st, is of course, the due date (unless extended) for calendar year retirement plans required to file Form 5500 for the 2007 plan year. And, as in the past, there will be a number of plan sponsors who have to indicate on the 5500 thay they have outdated fidelity bonds or none at all.
One of my 2006 posts, It’s Bond. Fidelity Bond, discussed the then requirements. My attempt at humor aside, it is a serious matter. There’s still time for plan sponsors who aren’t in compliance to do so before filing.
Here’s a link to our Briefing in Q & A format (PDF) on fidelity bond requirements updated for the Pension Protection Act of 2006.