Abbey Street LLC

Item 5 – Fees and Compensation

Abbey Street is engaged through a fiduciary advisory and consulting engagement. As full compensation
for its services, Abbey Street receives a negotiated fee, which may be based on a percentage of assets
under advisory management or a fixed fee. The specific manner in which fees are charged by Abbey Street
is established in a client’s written agreement with Abbey Street.

Generally, the Corporate Retirement Plan fee is established by considering the size of the plan in assets
and the number of participants, asset flow, the number of company plans, the complexity and breadth of
the services being rendered and the extent of the engagement and required services. In addition, fees can
vary based on the extent and level of Abbey Street’s fiduciary status in relation to the Plan under ERISA
3(21) and 3(38). Generally, Retirement Plan Consulting fees are billed on a quarterly basis in advance and
in some circumstances in arrears each calendar quarter, as specified by agreement. In some rare cases,
these fees are billed as of month end, as specific by agreement.

Though all annual fees are negotiable, generally, Abbey Street’s fees for private family client relationships
is based on a percentage of assets under management according to the following schedule:

$0 - $1,500,000 in assets                         Annual fee of 1.50%

$1,500,000 - $6,000,000 in assets                 Annual fee of 1.00%

$6,000,000 - $10,000,000 in assets                Annual fee of 0.90%

$10,000,000 - $20,000,000 in assets               Annual fee of 0.80%

Over $20,000,000 in assets                         Annual fee is negotiable

Abbey Street’s fees are separate and distinct from all other fees that may be charged to operate and
administer a Plan or maintain an account with a custodian. Examples of other fees that Plans may incur
include: custodial fees, trustee fees, recordkeeping and operational fees charged by the vendor and third
party administrative fees, legal fees, audit fees, and investment management fees. All these operational
and administrative fees are completely separate from and in addition to Abbey Street’s advisory and
consulting fee. In some cases, the Plan Sponsor pays the fees directly to the service provider which may
include Abbey Street. In other cases, the Plan pays the provider fees from Plan assets, which essentially
means the participants bear the cost of maintaining the Plan. In some cases, fees are paid utilizing a
combination of both approaches. Part of Abbey Street’s consulting services is to educate the Plan Sponsor
on the fees incurred, disclose the fees and help determine the reasonableness of the fees by conducting
thoughtful discussion around how the fees should be paid.

Abbey Street’s annual fee for Corporate Retirement Plan Services is prorated and charged monthly or
quarterly, in advance, based upon the market value of the assets being managed by Abbey Street on the
last day of the previous quarter unless enumerated otherwise within the agreement with the client. For
Private Wealth Services, the annual fee is prorated and charged monthly, in advance, based on the market

value of the assets managed on the last day of the previous month. Abbey Street deducts the fee from the
client’s account unless the client specifically requests the fee to be direct billed. If investment
management services are terminated, unearned fees paid in advance will be prorated and refunded. The
refund is calculated based on the number of days remaining in the quarter as a percentage of the number
of total days in the quarter times the fee charged. Clients may terminate the advisory relationship during
the first 5 days at no cost.

Our fee for standalone financial planning is $250-$1,000 per month depending on the complexity of the
plan. The fee will be disclosed and agreed upon in a financial planning agreement.

Item 12 further describes the factors that Abbey Street considers in recommending broker-dealers for
client transactions and determining the reasonableness of their compensation (e.g., commissions).

Item 7 – Types of Clients

Abbey Street provides retirement plan consulting to defined contribution and defined benefit plans, both
qualified and non-qualified. Private Wealth Management is offered to individuals, families, trusts, estates,
charitable organizations, foundations, and corporations. Abbey Street does not impose any account
minimums.