Burkholder & Associates LLC

Item 5: Fees and Compensation

       A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management         Annual Fees
        All assets                            1.35% to 0.50%

B&A LLC uses an average of the daily balance in the client's account throughout the
billing period, after taking into account deposits and withdrawals, for purposes of
determining the market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of B&A LLC's fees within five business days of signing the Investment
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
immediately upon written notice.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

        Total Assets Under Management         Annual Fee
        All assets                            1.35% to 0.50%

B&A LLC uses an average of the daily balance in the client's account throughout the
billing period, after taking into account deposits and withdrawals, for purposes of
determining the market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement.

Clients may terminate the agreement without penalty for a full refund of B&A LLC's fees
within five business days of signing the Investment Advisory Contract. Thereafter, clients

may terminate the pension consulting agreement immediately upon written notice. B&A
LLC uses an average of the daily balance in the client’s account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining
the market value of the assets upon which the advisory fee is based.

Fixed Fees

The rate for creating client pension consulting plans is between $5,000 and $50,000. The
final fee schedule will be memorialized in the client’s advisory agreement. This service
may be canceled immediately upon written notice.

Hourly Fees

The hourly fee for these services is between $150 and $400. The final fee schedule will be
memorialized in the client’s advisory agreement.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $5,000 and $50,000.

Hourly Fees

The hourly fee for these services is between $150 and $400.

Clients may terminate the agreement without penalty, for full refund of B&A LLC’s fees,
within five business days of signing the Financial Planning Agreement. Thereafter, clients
may terminate the Financial Planning Agreement generally upon written notice.

       B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in arrears.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in arrears.

Fixed pension consulting fees are paid via check. These fees are paid 100% in advance, but
never more than six months in advance.

Hourly pension consulting fees are paid in arrears upon completion.

Payment of Financial Planning Fees

Financial planning fees are paid via check.

Fixed financial planning fees are paid 100% in advance, but never more than six months
in advance.

Hourly financial planning fees are paid in arrears upon completion.

       C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by B&A LLC. Please see Item 12 of this
brochure regarding broker-dealer/custodian.

       D. Prepayment of Fees

B&A LLC collects certain fees in advance and certain fees in arrears, as indicated above.
Refunds for fees paid in advance but not yet earned will be refunded on a prorated basis
and returned within fourteen days to the client via check or return deposit back into the
client’s account.

Fixed fees that are collected in advance will be refunded based on the prorated amount of
work completed at the point of termination.

       E. Outside Compensation For the Sale of Securities to Clients

Kimberly Lindsay Bleck and Nicholas Edward Burkholder are registered representatives
of a broker-dealer. Kimberly Lindsay Bleck and Nicholas Edward Burkholder are also
insurance agents. As a selling representative, Nicholas Edward Burkholder may accept
compensation for the sale of investment and/or insurance products to B&A LLC clients.
Kimberly Lindsay Bleck act in a supporting role and only compensated by B&A LLC.

1. This is a Conflict of Interest

   Supervised persons may accept compensation for the sale of investment products,
   including asset based sales charges or service fees from the sale of mutual funds to
   B&A LLC's clients. This presents a conflict of interest and gives the supervised person
   an incentive to recommend products based on the compensation received rather than
   on the client’s needs. When recommending the sale of investment products for which
   the supervised persons receives compensation, B&A LLC will document the conflict
   of interest in the client file and inform the client of the conflict of interest.

       2. Clients Have the Option to Purchase Recommended Products From
       Other Brokers

           Clients always have the option to purchase B&A LLC recommended products through
           other brokers or agents that are not affiliated with B&A LLC.

       3. Commissions are not B&A LLC's primary source of compensation for
       advisory services
...

Item 7: Types of Clients
B&A LLC generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Business Owners
       ❖      Pension and Profit Sharing Plans
       ❖      Charitable Organizations

There is no account minimum for any of B&A LLC’s services.