Benefits² Administrators offers full-service retirement plan administration proudly serving employers and financial advisors in Pocatello and nearby communities including Chubbuck, Inkom, McCammon, Lava Hot Springs, American Falls, Blackfoot, and Fort Hall.
We provide administration of 401(k), 403(b), 457, and DB/DC Combo plans for Southeast Idaho 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 education to manufacturing—have peace of mind when it comes to their retirement plan, allowing you to enjoy the trails of City Creek or soak in the natural beauty of Lava Hot Springs.
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.
