Argent Retirement Plan Advisors LLC

Item 5           Fees and Compensation
Pension Consulting Services
Our fee schedule for pension consulting services is as follows:

Assets                            Annual Fee
$1.5 million to $5 million        0.65%
$5 million to $10 million         0.50%
$10 million to $15 million        0.40%
$15 million to $25 million        0.30%
$25 million to $35 million        0.20%
More than $35 million             0.15%

The above fee schedule is not tiered, instead fees shall be calculated using the lowest percentage rate
reached, based upon the aggregate value of the plan.

Accounts with less than $1.5 million in assets will be charged a fixed fee of $3,000 per quarter. As the result
thereof, plans with less than $1.5 million of assets will pay a higher percentage advisory fee than that stated
in the above fee schedule.

Our advisory fees for customized services will be negotiated with the plan sponsor or named fiduciary on a
case-by-case basis.

The above fee can be modified at our discretion (i.e., charge a different percentage fee, a flat fee,
modify/waive the quarterly minimum fee, billing interval, etc.) based upon various objective and subjective
factors including but not limited to: the amount of assets within the plan; portfolio composition; the scope
and complexity of the engagement; the anticipated number of meetings and servicing needs; the
professional(s) rendering the service(s); prior relationships with us and/or our representatives, competition,
and negotiations with the client. As a result of these factors, similarly situated clients could pay different
fees, the services we provide to any particular client could be available from other advisers at lower fees,
and certain clients may have fees different than those specifically set forth above.

Fees will be billed and paid monthly or quarterly in arrears. If our services are retained in the middle of a
billing period, the fee for such month or quarter will be calculated on a pro rata basis, based upon the
number of days remaining in the month or quarter.

We will send you an invoice for the payment of our advisory fee, or we will deduct our fee directly from your
account through the qualified custodian holding your funds and securities. We will deduct our advisory fee
only when you have given our firm written authorization permitting the fees to be paid directly from your
account. Further, the qualified custodian will deliver an account statement to plan participants at least
quarterly. These account statements will show all account transactions and/or disbursements. Statements
should be reviewed for accuracy.

Unless otherwise mutually agreed to by the parties, either party to the pension consulting agreement may
terminate the agreement upon 30-days written notice to the other party. The pension consulting fees will
be prorated for the month/quarter in which the termination notice is given and unpaid fees shall be due and
payable.

Grandfathering of Account Terms
Pre-existing advisory clients are subject to our minimum account requirements, advisory fees and billing
terms in effect at the time the client entered into the advisory relationship. Therefore, our firm’s account
terms will differ among clients.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in mutual
funds and exchange traded funds. The fees that you pay to our firm for investment advisory services are
separate and distinct from the fees and expenses charged by mutual funds, collective investment trusts or
exchange traded funds. These fees will generally include a management fee and other fund expenses. You
may also incur transaction charges and/or brokerage fees when purchasing or selling securities. These
charges and fees are typically imposed by the broker-dealer or custodian through whom your account
transactions are executed. We do not share in any portion of the brokerage fees/transaction charges
imposed by the broker-dealer or custodian. To fully understand the total cost you will incur, you should
review all the fees charged by mutual funds, collective investment trusts, exchange traded funds, our firm,
and other plan service providers.

Item 7           Types of Clients
We generally offer investment advisory services to pension and profit-sharing plans.

Argent Retirement, in its sole discretion, may reduce or waive its minimum quarterly fee. A plan client that
maintains less than $1,500,000 of assets and is subject to the $3,000 per quarter minimum fee, could pay
a higher percentage quarterly fee than that referenced in the above fee schedule.