Financial Management Strategies, Inc.
Financial Management Strategies, Inc / 9050 Sweet Valley Drive / Valley View, Ohio 44125
Phone: 216-642-1099 / Toll Free: 888-665-1099 / Fax: 216-642-1186
E-Mail: info@FMS401k.com
FULL FEE DISCLOSURE
ARE HIDDEN FEES
PUTTING YOUR
PERSONAL
ASSETS AT RISK?
Experts suggest a great many 401k plan sponsors would be unable to
clearly answer one simple question:  WHAT ARE THE TOTAL FEES
PAID BY YOUR PLAN AND FOR WHAT SERVICES?  Answering "I
don't know" or even worse, "My plan is free" is essentially acknowledging
failure of you fiduciary obligations to your plan participants. This is a
lawsuit waiting to happen and YOUR PERSONAL ASSETS ARE AT
RISK!

The passage of The Pension Protection Act of 2006 acted as a dinner bell
for hungry lawyers.  The recent flurry of lawsuits are centering on plan
sponsors that allow unreasonable fees to be charged to 401k participants,
fail to monitor fees and expenses paid by the plan and fail to educate
themselves about vendor's fees structures and how their participant's
individual accounts were affected.  To make the problem even worse,
many 401k plan fees are "hidden".  They are deducted directly from
participants accounts and not disclosed.  These hidden fees include items
such as 12b-1 fees and revenue sharing arrangements.  For more
information on "hidden Fees", click here.

Keller Rohrback, one of the ERISA litigation groups active in the current
lawsuits, states on their website,
"our investigation has revealed that in many instances, particularly
involving small to mid-size companies, plan trustees are not aware of
kickback and fee sharing arrangements between investment and service
providers.  Instead, the trustees are lead to believe that the investment /
service providers selected funds based on an objective evaluation of the
merits of the funds.  In truth, the basis for the selection is often
undisclosed or unexplained kickbacks paid to the investment / service
provider.  These abuses can cost millions of dollars and substantially
reduce the retirement savings of the Plan Participants".
The FMS 401k provides you with FULL FEE DISCLOSURE and the
flexibility as to whether the fees are paid by the plan, the employer, or a
combination of the two.

Unlike other providers, we not only disclose all fees and expenses, WE
RETURN ANY ADDITIONAL REVENUE THAT IS RECEIVED BACK
TO THE PLAN TO OFFSET ADMINISTRATIVE COSTS.  This
includes all 12b-1 fees and revenue sharing arrangements.

Rather than depleting your participant's accounts by paying those hidden
fees to your current provider, doesn't it make more sense to have those
fees paid back to your plan?  Contact us TODAY to arrange for a free
consultation.
ABOUT US
CONTACT US
9050 Sweet Valley Drive
Valley View, OH 44125

216.642.1099  Phone
888.665.1099  Toll Free
216.642.1186  Fax

info@FMS401k.com