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
Financial Management Strategies, Inc.
FIDUCIARY LIABILITY PROTECTION
PROGRAM
PROTECTION
The FMS 401k provides you with an
unparalleled level of fiduciary liability
protection.  Many of the business owners
we talk to are unaware of the
consequences for failing to meet their
fiduciary obligations.
Consequences can include criminal and civil charges as well as payment of
penalties and fines from YOUR OWN PERSONAL ASSETS!  To find out
if you are a plan fiduciary, click here.

THE PROGRAM
Our comprehensive program covers four main areas...investment selection,
annual trustee review, employee education and our own annual audit of our
investment selection process by an independent ERISA attorney.  For more
information on this program, click on the following highlighted topic headings.

    As your Fiduciary Investment Adviser, we provide you with an
    Investment Policy Statement that details the selection, on-going
    monitoring and replacement process for the funds in your plan.  Our
    unbiased, four step fund selection process provides your employees
    with a solid menu of investment options covering a wide spectrum of
    asset classes.  Each quarter, we provide you with an Investment
    Monitoring Report that details the performance of all the investments
    available in your plan.

  • ANNUAL TRUSTEE REVIEW
    In addition to the Quarterly Monitoring Reports, we provide you with
    an Annual Investment Monitoring Report.  This report is a more in-
    depth analysis and highlights certain funds by providing commentary on
    their performance.  We also check to make sure that you are 404(c)
    compliant.  This provides you with protection from participant lawsuits
    related to their ability to control their own accounts.  We also do a
    legislative review to ensure that you are aware of potential
    opportunities such as automatic enrollment and Roth 401k.

    We also provide you with the results of our Benchmarking Success
    survey.  This survey enables us to poll your employees to gauge their
    overall satisfaction level with the plan.  It provides us with an indicator
    of what they like and don't like.  Often times, negative items are due to
    a misunderstanding of how the plan works or a general lack of
    knowledge regarding investments.  This survey enables us to be
    proactive on such issues by addressing them in our newsletters and
    Lunch and Learn sessions.  Our goal is to keep your employees
    involved with the plan and aware and appreciative of the true benefit
    that you are providing to them.

    We provide you with complete documentation of our education
    programs and the information that was provided to your employees.

  • ANNUAL ERISA AUDIT
    One of the most distinctive aspects of our program is each year we
    undergo our own corporate audit with an independent ERISA attorney
    to ensure that we are in compliance with our investment procedures.
    Since you still retain fiduciary liability over the selection of your
    Fiduciary Investment Adviser, we provide you with a copy of our audit
    certification.  This assists you in displaying your due diligence in
    making your selections.

    All of this information is compiled and placed into a Fiduciary
    Documentation Binder so that you'll never have to go searching for
    compliance information when the DOL comes knocking at your door.
    We don't want anything to fall through the cracks and leave you
    vulnerable!  For more information, contact us TODAY.
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