As a plan sponsor, it is important to know the myriad of responsibilities that come with being a plan fiduciary and trustee to your plan. Did you know that fiduciaries are subject to personal liability to make good any losses to the company's retirement plan resulting from a breach of their fiduciary responsibilities? In short, your duties as the sponsor of a retirement plan should not be taken lightly. Why should I Benchmark my plan? As a plan sponsor you should Benchmark your 401(k) plan so that you have a clear understanding of the fees/costs associated with your 401(k) plan. By benchmarking your plan, you have the opportunity to reduce your liability, quantify ALL the fees you are paying and determine if the fees are 'reasonable'. Benchmarking almost always lowers costs, increases service and reduces your fiduciary exposure as a plan sponsor/trustee. A spate of recent lawsuits have sought to impose liability on plan sponsors for "unreasonable" fees charged to plan assets (and participant accounts) by service providers such as investment managers, recordkeepers and plan administrators. A common allegation is the failure of plan sponsor to know, understand and account for the mutual fund revenue sharing payments (such as 12b-1 fees) received by plan service providers. This is NOT to suggest that your current service provider is charging you unreasonable fees but you clearly have a duty to know what your plan is paying for services and whether or not such fees are reasonable. What does Benchmarking cost and what does it do for me? There is NO cost or commitment associated with Benchmarking your plan through Main Line Financial Advisors. The Benchmarking of your plan will soon become a requirement, and MLFA wants to set you down the right path to understanding and evaluating the compensation paid to plan service providers. After completing our Benchmarking Report Form, Main Line Financial Advisors will follow-up with a complimentary report detailing costs and fees associated with your current plan, balanced against industry average costs of similar plans, to provide you with a comprehensive outlook of your current investment environment and provide peace-of-mind that all associated costs / fees are disclosed and accounted for. Why should I trust Main Line Financial Advisors to Benchmark my plan? Main Line Financial Advisors believes that we offer our customers in the Delaware Valley and beyond, the best blend of homegrown values and twenty-first-century sophistication. The independent advisors at Main Line Financial Advisors realize that a financial partnership is about more than money. Our long and unique history has prepared us to offer you a most complete gift of guidance, and with that philosophy we add to our services our Benchmarking Report program, free of charge. As strong advocates promoting fiduciary responsibility by plan sponsors and trustees, Main Line Financial Advisors wants to help you to fully understand your current investment environment. Benchmark your plan today! More information on plan Benchmarking and our 5 STEP PROCESS for Fiduciary Nirvana. Retirement Plan Diagnostic and Benchmark Report. The Fiduciary Checklist Implementation. Plan Platform and Investment Analysis Reports. Formulate your Investment and Educational Policy Statements. Do it again every year. Relevant Documents Delegation for Plan Sponsors: Delegating day administrative and investment fiduciary responsibilities and liabilities. Fulfilling the 401(k) Promise Why independent advisors are in the best position to fulfill the promise of the 401(k) plan for America's workers. Uniform Prudent Investor Act 401(k) Fee Litigation Update Courts Divide on Fiduciary Status of 401(k) Service Providers Mutual Fund Update: The 401(k) Fee Fiasco 401(k)risis The stock-market meltdown has dealt a crushing blow to retirement plans. Earlier Retirement: Beating Back the High Fees Is Nationwide on Your Side? Not Everyone Thinks So   Market Decline— Employee Benefits Effect Market Collapse Places Fiduciaries at Risk but With Resources Restoring Confidence in the 401(k) Protecting Plan Participants… from Themselves Retirement Planning Mishaps Catching them early and correcting them before the damage is irreversible. The Grudge Match Over Your 401(k) Employers and financial firms vie for control of your savings.

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MAIN LINE FINANCIAL ADVISORS
P: 800.266.6532 F: 855.406.9546

BALA CYNWYD 160 Rock Hill Road, Bala Cynwyd, Pennsylvania 19004
MALVERN 101 Lindenwood Drive, Suite 225, Malvern, Pennsylvania 19355
RADNOR 150 North Radnor Chester Road, Suite F-200, Radnor, Pennsylvania 19087
POTTSTOWN 211 East High Street, Pottstown, Pennsylvania 19464

Serving businesses and individuals in Berks, Chester, Delaware and Montgomery Counties.



Securities and investment advisory services offered through FSC Securities Corporation, Member FINRA/SIPC and a registered investment adviser.

A broker/dealer (BD), investment advisor (IA) , BD agent or IA rep may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the state’s BD, IA, or BD agent or IA rep requirements, as the case may be; and follow-up, individualized responses to consumers in a particular state by BD, IA, BD agent or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state’s BD, IA, BD agent or IA rep requirements, or pursuant to an applicable state exemption or exclusion. We are registered to sell investment products and services in the following states: (AK) Arkansas, (AL) Alabama, (AZ) Arizona, (CA) California, (CO) Colorado, (CT) Connecticut, (DE) Delaware, (FL) Florida, (GA) Georgia, (IL) Illinois, (IN) Indiana, (KS) Kansas, (KY) Kentucky, (MA) Massachusetts, (MD) Maryland, (MI) Michigan, (MO) Missouri, (MS) Mississippi, (NC) North Carolina, (NJ) New Jersey, (NM) New Mexico, (NY) New York, (OH) Ohio, (OK) Oklahoma, (PA) Pennsylvania, (RI) Rhode Island, (SC) South Carolina, (VA) Virginia, (VT) Vermont, (WA) Washington, (WI) Wisconsin, (WV) West Virginia, (WY) Wyoming. Advisory Services through FSC Advisory Corporation are registered in all 50 states.

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