Ancora Retirement Plan Advisors LLC

Fees and Compensation
Advisory fees are based on the market value of the Client’s Plan assets covered under the agreement and
fees are calculated as a percentage of those assets. Ancora reserves the right to waive or discount fees
and minimums in certain instances.

Retirement Plan Advisory Services Fee

Fees are based on the market value of the Plan Assets and are billed quarterly in arrears. The billing
schedule will be included as part of your advisory agreement.

The following fee schedule applies to each Plan:

3(21) Co-Fiduciary or 3(38) Full-Fiduciary Advisor Fee

                        Total Plan Assets                  Adviser Fee

            Up to $500,000                                         1.00%
            $500,000 to $1 million                                 0.90%
            $1 million to $2.5 million                             0.80%
            $2.5 million to $5 million                             0.70%
            $5 million to $7.5 million                             0.60%
            $7.5 million to $10 million                            0.50%
            $10 million to $12.5 million                           0.45%
            $12.5 million to $15 million                           0.40%
            $15 million to $20 million                             0.35%
            $20 million to $30 million                             0.30%
            $30 million to $50 million                             0.25%
            Over $50 million                                       0.20%

3(38) Full-Fiduciary Advisor Fee – The Ancora MEP

The following fee schedule applies to each Ancora MEP Adopting Employer:

                       Client Plan Assets                  Adviser Fee

            Up to $1.5 million                                     0.60%
            $1.5 million to $3.5 million                           0.48%
            $3.5 million to $6 million                             0.36%
            $6 million to $9 million                               0.24%
            $9 million to $14 million                              0.12%
            $14 million to $20 million                             0.06%
            Annual minimum fee                                     $3000

Other Services
We offer clients the option of obtaining certain financial solutions from unaffiliated third-party financial
institutions through UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc. and its affiliates,
“UPTIQ”). Focus Financial Partners, LLC (“Focus”) is a minority investor in UPTIQ, Inc. UPTIQ is
compensated by sharing in the revenue earned by such third-party financial institutions for serving our
clients. The revenue paid to UPTIQ also benefits UPTIQ Inc.’s investors, including Focus, our parent
company. When legally permissible, UPTIQ also shares a portion of this earned revenue with our affiliate,
Focus Solutions Holdings, LLC (“FSH”). For securities-backed lines of credit (“SBLOCs”) made to our
clients, UPTIQ will share with FSH up to 75% of all revenue it receives from such third-party financial
institutions. For other loans (except residential mortgage loans) made to our clients, UPTIQ will share with
FSH up to 25% of all revenue it receives from such third-party financial institutions. For cash management
products and services provided to our clients, UPTIQ will share with FSH up to 33% of all revenue it receives
from the third-party financial institutions and other intermediaries that provide administrative and settlement
services in connection with this program. Although the amount of these revenue-sharing payments to FSH
is not charged directly in the calculation of the interest rate paid by clients on credit solutions facilitated by
UPTIQ or the yield earned by clients on cash management solutions facilitated by UPTIQ, the compensation

earned by UPTIQ is an expense of the third-party financial institutions that informs the interest rate paid by
clients on credit solutions and the yield earned by clients on cash management solutions. FSH distributes
this revenue to us when we are licensed to receive such revenue (or when no such license is required) and
the distribution is not otherwise legally prohibited. Further information on this conflict of interest is available
in Item 10 of this Brochure. We help our clients obtain certain insurance solutions by introducing clients to
our affiliate, Focus Risk Solutions, LLC (“FRS”), a wholly owned subsidiary of our parent company, Focus
Financial Partners, LLC. FRS assists our clients with regulated insurance sales activity by advising our
clients on insurance matters and placing insurance products for them and/or referring our clients to certain
third-party insurance brokers (the “Brokers”) ”), with whom FRS has agreements, which either separately
or together with FRS place insurance products for them. If FRS places an insurance product or refers one
of our clients to a Broker and there is a subsequent purchase of insurance through the Broker, then FRS
will receive a portion of the upfront and/or ongoing commissions associated with the sale by the insurance
carrier with which the policy was placed. The amount of revenue earned by FRS for the sale of these
insurance products will vary over time in response to market conditions and will also differ based on the
type of insurance product sold and which Broker placed the policy. The amount of insurance commission
revenue earned by FRS is considered for purposes of determining the amount of additional compensation
that certain of our financial professionals are entitled to receive. Additionally, in exchange for allowing
certain of the Brokers to participate in the FRS platform and, thereby, to offer their services to our clients
and certain of our affiliates’ clients, FRS receives periodic fees (the “Platform Fees”) from such Brokers.
The Platform Fees are expected to change over time. Such Platform Fees are revenue for FRS and,
...

Types of Clients
Description
Ancora service(s) are primarily providing retirement plan investment guidance or investment management
for small and midsize employer sponsored retirement plans.

Account Minimums
Plan asset are not required to meet a minimum market value. . Our firm reserves the right to charge a
minimum annual fee for our services. The minimum may be waived or reduced at the Firm’s discretion.

Methods of Analysis, Investment
Strategies and Risk of Loss
Methods of Analysis and Investment Strategies
Ancora uses risk tolerance questionnaires, Plan profile forms and Client interviews to create a customized
profile for each Plan. This profile is used to determine the type of investments, risk associated with certain
types of investments and the proper allocation of investments in order to create a custom recommendation
for each Plan.

Risk of Loss
Investing in securities involves risk of loss that Clients should be prepared to bear. Investment values will
fluctuate both up and down, are subject to market volatility, and may be worth more or less than the original
cost. All securities involve risk of the loss of principal. In addition, while we believe our methodology and
strategies will be profitable, there is no assurance this will always be the case. Loses caused by fraudulent
requests due to a client’s identity thief or other client security breaches, and that originated from the client,
is the liability of the client.

While a brokerage account may allow margin transactions, Ancora does not recommend the use of margin.
Ancora wants our Clients to understand the risks of margin transactions and recommend that they read the
broker dealer’s written disclosure document describing margin trading and related risks.

Retirement Plan accounts are not eligible for margin transactions.

Cybersecurity
The computer systems, networks and devices used by Ancora and service providers to us and our clients
to carry out routine business operations employ a variety of protections designed to prevent damage or
interruption from computer viruses, network failures, computer and telecommunication failures, infiltration
by unauthorized persons and security breaches. Despite the various protections utilized, systems,
networks, or devices potentially can be breached. A client could be negatively impacted as a result of a
cybersecurity breach.

Cybersecurity breaches can include unauthorized access to systems, networks, or devices; infection from
computer viruses or other malicious software code; and attacks that shut down, disable, slow, or otherwise
disrupt operations, business processes, or website access or functionality. Cybersecurity breaches may
cause disruptions and impact business operations, potentially resulting in financial losses to a client;
impediments to trading; the inability by us and other service providers to transact business; violations of
applicable privacy and other laws; regulatory fines, penalties, reputational damage, reimbursement or other
compensation costs, or additional compliance costs; as well as the inadvertent release of confidential
information.

Similar adverse consequences could result from cybersecurity breaches affecting issuers of securities in
which a client invests; governmental and other regulatory authorities; exchange and other financial market
operators, banks, brokers, dealers, and other financial institutions; and other parties. In addition, substantial
costs may be incurred by these entities in order to prevent any cybersecurity breaches in the future.