We are proud to serve as investment partners to individuals and families from all walks of life. In addition, we also provide ERISA 401k consulting services to plan sponsors.
401(k) Compliance & Fiduciary Oversight
Managing a retirement plan has become increasingly complex. Between evolving regulations, fiduciary responsibilities, investment oversight, and participant outcomes, business owners face significant obligations that extend well beyond simply offering a retirement plan.
At Victory Wealth Partners, retirement plan consulting is one of our core specialties. We partner with employers to help build, monitor, and document retirement plans designed to meet today's fiduciary standards while supporting employees' long-term financial success.
As an ERISA Section 3(38) Investment Manager, we assume discretionary responsibility for selecting, monitoring, and replacing plan investments. This allows plan sponsors to delegate one of the most significant fiduciary responsibilities associated with managing a retirement plan while maintaining confidence that investment decisions are being made through a disciplined, documented process.
Our team assists with:
- Fiduciary compliance and governance
- Investment Policy Statement development and monitoring
- Investment selection and ongoing due diligence
- Investment performance reporting
- Fee benchmarking and reasonableness reviews
- Recordkeeper and vendor evaluations
- Fiduciary committee meeting support and documentation
- Participant education and retirement readiness programs
Victory Wealth Partners was the first firm in New Jersey to earn the CEFEX certification in 2007, demonstrating our longstanding commitment to fiduciary excellence. CEFEX certification requires an independent annual audit confirming that our investment and fiduciary practices continue to meet globally recognized fiduciary standards.
How Does Your Plan Measure Up?
Many plan sponsors are surprised to learn they may have compliance gaps or opportunities to strengthen their fiduciary process. That's why we offer a complimentary 401(k) Compliance Questionnaire.
In just a few minutes, you'll receive a better understanding of how your current plan aligns with fiduciary best practices and identify areas that may warrant additional attention. There is no obligation—it's simply an opportunity to evaluate your plan and determine whether improvements could help reduce fiduciary risk and better serve your employees.
Take Our Complimentary 401(k) Compliance Questionnaire Today
Discover how your plan compares to current fiduciary best practices.
Helping business owners navigate retirement plan compliance is what we do—so you can focus on doing what you do best: running your business.
