Benefits² Administrators offers full-service retirement plan administration proudly serving employers and financial advisors in Centerville and nearby communities including Bountiful, Farmington, Kaysville, Woods Cross, North Salt Lake, Layton, and West Bountiful.
We provide administration of 401(k), 403(b), 457, and DB/DC Combo plans for Northern Utah employers.
Unlike one-size-fits-all providers, we offer fair, transparent pricing and dedicated service – you get the right plan for your workforce at a competitive cost.
With 30+ years of experience, we’ve helped hundreds of businesses—from insurance to healthcare—have peace of mind when it comes to their retirement plan, allowing you to hit the slopes or hike the Mueller Park Trail.
The Employee Retirement Income Security Act passed by Congress in 1974 (ERISA), requires that most qualified retirement plans maintain an ERISA Fidelity Bond to protect the assets in the plan from fraud or dishonesty by the plan fiduciaries (such as the Trustee and Administrator) as well as other persons who handle plan assets or funds. The plan must be bonded for at least 10% of the value of the plan assets.
An ERISA Fidelity Bond is different from an employee dishonesty insurance policy or rider your company may have, as well as fiduciary liability insurance.
We have partnered with Colonial Surety Company who is guaranteeing the best pricing to our clients.
