3 38 Investment Fiduciaries Inc

Item 5 – Fees and Compensation

Adviser has established the below fee schedule for the advisory services described in Item
4 above.

Adviser is a fiduciary under ERISA with respect to the investment management and
advisory services described in the investment management or advisory agreement, as the
case may be, between Adviser and the ERISA Plan Client. As such, Adviser is subject to
specific duties and obligations under ERISA and the Internal Revenue Code that include,
among other things, restrictions concerning certain forms of compensation. To avoid
engaging in prohibited transactions, Adviser may only charge fees for investment advice
about products for which Adviser and/or its affiliates do not receive any commission, 12b-1
fees or other compensation or conversely, if such compensation is received by Adviser
and/or its affiliates, Adviser will offset such amounts against Adviser’s stated fee. Where
Adviser offsets such compensation amounts against its stated fee, Adviser will disclose to
the ERISA Plan Client the amount of such compensation, the services rendered for such
compensation, the payer of such compensation and a description of the arrangement with
the payer in accordance with the requirements of ERISA Regulation Section
2550.408b-2(c).

Retirement Plan Advisory and Consulting Service Fees

The investment management fee for Adviser’s services for ERISA Plan Clients is described
in the investment management agreement. It is generally based upon a percentage (%) of
included plan assets as reported by the plan custodian or recordkeeper (generally ranging
between .02% to .50% annually, depending on the nature and scope of services provided to
the particular ERISA Plan Client); however, Adviser alternatively offers a fixed investment
management fee based on the nature and scope of services to be provided to a particular
ERISA Plan Client. Included plan assets are the plan assets for which Adviser provides
services as described in the investment management agreement.

With the exception of the fee for the initial quarter under management, asset-based fees are
assessed in arrears based on either the market value of the assets on the last business day
of the fee period, or as an average daily balance during the fee period, as specified on the
investment management agreement. The initial fee is the amount prorated for the number
of days remaining in the initial fee period from the effective date of the agreement. The
ERISA Plan Client will authorize the plan custodian to automatically deduct the fee from the
plan. Fixed fees are also assessed in arrears on a quarterly basis.

                                 Date of Brochure: June 18, 2026

Either Adviser or the ERISA Plan Client can terminate the investment management
agreement at any time, without penalty, by sending the other party 30 days prior written
notice. Both parties remain responsible for obligations arising under any transactions
initiated before the agreement was terminated. Adviser is entitled to a fee, prorated for the
number of days in the fee period prior to the effective date of termination, based on the
market value of the included assets on the effective date of termination or on the average
daily balance of the fee period, as specified in the investment management agreement.

In addition to the fees charged by Adviser, clients will incur brokerage and other
transaction costs. Please refer to Item 12: Brokerage Practices, for further information on
such brokerage and other transaction costs. Clients will also typically incur additional
charges related to the safekeeping and custody of client assets, mutual fund and other
product-specific expenses, and wire or cash transfer fees. These additional charges are
separate and apart from the fees charged by Adviser.

                                 Date of Brochure: June 18, 2026

Item 7 – Types of Clients

Adviser provides investment advisory and investment management services to retirement
plans subject to ERISA that are participant-directed defined contribution plans, such as
401(k) plans and 403(b) plans covered by ERISA, as well as 403(b) plans that are not
covered by ERISA and 457 plans (each, a “Plan”).

                                Date of Brochure: June 18, 2026