Arlt Joins Fiduciary Counselors to Lead Plan Administration

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Washington, DC, July 8, 2009 — Mary Ann Arlt has joined Fiduciary Counselors Inc. as Senior Vice President, Plan Administration. Arlt comes from Aon Human Capital Services, a subsidiary of Aon Consulting, where she managed a 7-year $600 million outsourcing agreement to perform virtually all of AT&T’s human resource functions. Ms. Arlt has 25 years of experience as an attorney and plan operations leader specializing in ERISA and employee benefit matters. She was Senior Vice President at Aon Consulting where she led the team that fully outsourced Qualified Domestic Relations Order (QDRO) processing for defined benefit and defined contribution plans and was responsible for legal issues related to compliance, operations and corporate restructuring of 9 AT&T savings plans.

Prior to joining Aon Consulting in Somerset, New Jersey (formerly Actuarial Science Associates), Arlt was a partner in the law firm GrayRobinson, P.A. in Orlando, Florida. She holds a J.D. degree from the Stetson University College of Law and is admitted to the Bar in Florida and Massachusetts. She has served as Chair of the Association of Mutual Benefit Life Insurance Contractholders and as a member of the American Institute of Certified Public Accountants (AICPA)’s Task Force on Book Value Accounting for Guaranteed Investment Contracts in Defined Contribution Plans.

Arlt can be reached by email at maryann.arlt@fiduciarycounselors.com or by phone at (908) 500-2232.

Fiduciary Counselors Inc. is an investment adviser registered with the Securities & Exchange Commission (SEC) that primarily acts as an independent fiduciary for employee benefit plans and other institutional investors. Fiduciary Counselors currently has over $4 billion in assets under management. Fiduciary Counselors acts as independent fiduciary for employer stock in 401(k) and other retirement plans, for plans sponsored by employers in bankruptcy, for litigation settlements involving the employer or in-house fiduciaries and in other situations where in-house or institutional fiduciaries have potential conflicts of interest.

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