Advanced Retirement Solutions LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and Advanced
Retirement Solutions.

Fees for Retirement Plan Services

For retirement plan sponsor clients, Advanced Retirement Solutions will charge an annual fee that is
calculated as a percentage of the value of plan assets. This fee is negotiable based upon the complexity
of the plan, number of locations, the size of the plan assets, the actual services requested, time spent on
the plan and the potential for additional deposits.

Example Fee Schedule:

                         Tiers                                           Management Fee %
                   $0 - $1,000,000                                           .75 - .50%
               $1,000,001 - $2,000,000                                       .50 -.35%
               $2,000,001 - $4,000,000                                        .45 – 30
               $4,000,001 - $6,000,000                                       .40 - .20%
              $6,000,001 - $20,000,000                                       .25 - .10%

Advanced Retirement Solutions also offers Retirement Plan Services under a fixed fee arrangement. A
mutually agreed upon fixed fee is charged for management services under this arrangement. The range
for the annual fixed fee option is between a minimum of $5,000 and a maximum of $55,000. The amount
of the fixed fee for your Retirement Plan Services is specified in your advisory agreement with Advanced
Retirement Solutions and based on the complexity of the plan, the number of locations, the size of the
plan assets, the actual services requested, time spent on the plan and the potential for additional
deposits.

All fees are billed in arrears (at the end of the billing period) on a monthly or quarterly basis and
calculated based on the fair market value of your account as of the last business day of the current billing
period. Payment of fees in advance of the services performed is not allowed. Fees are prorated (based
on the number of days service is provided during the initial billing period) for your account opened at any
time other than the beginning of the billing period.

Clients can elect to have the fee deducted from plan assets or from their corporate bank account. The
client is required to provide the custodian, platform provider or recordkeeper with written authorization if
they choose to deduct the fee from their account and pay the fee to Advanced Retirement Solutions.
Advanced Retirement Solutions will never deduct the advisory fee. The custodian, platform provider or
recordkeeper will calculate the fee, deduct the fee and forward payment to Advanced Retirement
Solutions pursuant to the client’s advisory agreement.

For individual participants, we do not charge a fee for our services.

Since platform providers will charge the retirement plans a fee in addition to and separate from Advanced
Retirement Solutions’s annual fee, the overall fees incurred by client will increase when client elects to
use a platform provider. Client may be required to enter into an agreement directly with the platform
provider.

Either party may terminate services by providing written notice of termination to the other party. If
services are terminated within five business days of signing the client agreement, services are terminated
without penalty. Advanced Retirement Solutions does not expect to receive any other compensation,
direct or indirect, for its services. If we receive any other compensation for such services, we will (i) offset
that compensation against our stated fees, and (ii) will disclose the amount of such compensation, the
services rendered for such compensation and the payer of such compensation to you.

Item 7 – Types of Clients

Advanced Retirement Solutions generally provides investment advice to the following types of clients:

    •   Pension and profit-sharing plans
    •   401k Plans / 403b Plans / 457 Plans
    •   Government Plans

You will acknowledge receipt of the Advisory Disclosure form from Advanced Retirement Solutions
specifying the particular advisory services and fees.

Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an advisory
relationship with Advanced Retirement Solutions.

The platform provider may have minimum account and/or minimum fee requirements in order to
participate in their programs. Each platform provider will disclose its minimum account size and fees in its
agreement with you.