About Benchmarks:

Are you ready for this regulation? Use this benchmark to find out. Each benchmark is build directly for the federal regulation.  They reflect the learning objectives of the related course. The benchmark is not a "trivia test" - they help you evaluate your readiness to apply the new regulation. Contact us for more information and/or personalized benchmarks for your specific organization/industry.

Benchmark: Simplifying Fiduciary Breach Corrections under the VFC Program

Take this benchmark to assess how much you would benefit from taking the course on the Voluntary Fiduciary Correction Program (VFC Program). In a few minutes, you’ll see whether you grasp why the amendments matter, when the self-correction component (SCC) is appropriate, what documentation and workflows you’ll need, and the risks of getting a correction wrong.

Your responses will reveal if you can confidently choose between SCC and a full VFC application, restore participants’ balances properly, and be ready for potential EBSA verification. Use this as a quick readiness check to pinpoint knowledge gaps before you invest time in the full course—so you can focus on the areas that will most improve compliance, efficiency, and participant protection.

NOTE: Unless otherwise indicated, all Benchmarks are free of charge!

Federal Register Title
This benchmark will help determine your readiness for: Federal Register Document titled Voluntary Fiduciary Correction Program. Document Number: 2025-00327

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FR-25-330-1