Benefit Fiduciary Group 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 BFG.

Retirement Plan Services

For services provided on an on-going basis, BFG charges a fixed annual fee that ranges between $4,000
and $100,000 annually. The annual fee is determined based on the total value of plan assets. For plan
assets under $3 million, we typically assess a fee equal to 2.00% of the value of the plan. For plan assets
above $3 million, we typically assess a fee equal to 1.00% of the value of the plan. The initial annual fee
is determined at the beginning of the engagement and then re-assessed annually on the anniversary of
the contract.

Fees are negotiable based upon the complexity of the plan, the size of the plan assets and the actual
services requested. For example, we charge more for plans that request employee education and more to
plans that elect Fiduciary Management instead of Fiduciary Consulting services. The exact amount of the
fixed fee will be specified in your agreement with BFG.

You have the option to select if fees are billed in advance (at the start of the billing period) or in arrears (at
the end of the billing period). You also have the option to divide and pay the annual fee on a quarterly-
calendar or monthly-calendar basis

Benefit Fiduciary Group LLC                           Page 8                        Form ADV Part 2A: Firm Brochure

Clients can elect to have the fee deducted from the plan or billed directly and due upon receipt of a billing
notice. If you choose to pay the fees after receiving a statement, fees are due upon your receipt of a
billing notice sent directly to you. The billing notice will detail the formula used to calculate the fee, the
assets under management and the time period covered. Fees for the services of our firm will be due
immediately after your receipt of the billing notice.

You may terminate the services upon providing BFG with 60 days’ notice. We can terminate the services
upon providing you with written notice effective upon 60 days after you receive the written notice. If you
are paying annual fees in advance of the billing period, any prepaid but unearned fees are promptly
refunded to the client at the effective date of termination. If you are paying annual fees in arrears of the
billing period, we will assess a final fee payment pro-rated based on the number of days services are
provided in the final billing period.

Fees and expenses by the qualified custodian, Third Party Administrator, and other service providers to
the Plan are billed directly to you by the third party. In addition, you may incur certain charges imposed by
third parties other than BFG in connection with investments made through your account including, but not
limited to, mutual fund sales loads, 12b-1 fees and surrender charges, IRA and qualified retirement plan
fees, and charges imposed by the qualified custodian(s) of your account. Management fees charged by
BFG are separate and distinct from the fees and expenses charged by investment company securities
that may be recommended to you. A description of these fees and expenses are available in each
investment company security’s prospectus.

BFG does not reasonably expect to receive any other compensation, direct or indirect, for its services
including fees and expenses charged to the Plan by a third-party. 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.

Project-Based Consulting Services

BFG provides limited-scope, one-time and as-needed consulting services under an hourly fee
arrangement. An hourly fee of $350 per hour is charged by BFG for consulting services. Before
providing consulting service, BFG will provide an estimate of the approximate hours needed to complete
the consulting services. If BFG anticipates exceeding the estimated amount of hours required, BFG will
contact you to receive authorization to provide additional services.

The standard billing dates and events of BFG are the following: (1) the first business day of each month;
(2) the date or thereafter that BFG substantially provides the services; and (3) the date the engagement is
terminated by either the client or BFG. Fees are due immediately upon presentment of the invoice for
services. Clients agree to notify BFG within ten (10) days of receipt of an invoice if the client disputes any
billing entry.

The one-time consulting services will terminate upon completion of the consultation or either party
providing the other party with written notice. Either you or BFG may terminate the “as-needed” consulting
services upon providing the other party providing with written notice of termination effective upon 60 days
after the other party receives such notice.

If you terminate the consulting services after entering into an agreement with BFG, you will be
responsible for immediate payment of any consulting work performed by BFG prior to the receipt by BFG

Benefit Fiduciary Group LLC                         Page 9                        Form ADV Part 2A: Firm Brochure

of your notice of termination. For consulting services performed by BFG under an hourly arrangement,
you will pay BFG for any hourly fees incurred at the rates described above.

Item 7 – Types of Clients

BFG generally provides investment advice to the following types of clients:

    •    Pension and profit-sharing plans
    •    Corporations and other small to medium sized business entities

You are required to execute a written agreement with BFG specifying the particular advisory services in
order to establish a client arrangement with BFG.

Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an account managed
by BFG. However, all clients are required to execute an agreement for services in order to establish a
client arrangement with BFG and/or the third-party money manager or the sponsor of third-party money
manager platforms.

The minimum hourly fee generally charged for consulting services is $350.