Carolina Qualified Retirement Plan Advisers LLC

Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client shall sign one or more advisory agreements that detail the responsibilities of CQRPA and the
Client.

A. Fees for Advisory Services
Plan Advisory Services
Retirement plan advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
retirement plan advisory agreement. Retirement plan advisory fees are at an annual rate ranging from 0.50% to
0.05% depending on the size and complexity of the Client relationship and the services to be provided. Fees are
based on a percentage of Plan assets and the end of the previous calendar quarter. Relationships with specific
reporting requirements, portfolio restrictions and other complexities may be charged a higher fee. The Advisor may
also offer these services for a fixed project fee. The minimum annual fee is $6,000.

The fee in the first quarter of service is prorated from the effective date of the agreement to the end of the first
quarter. Fees may be negotiable at the sole discretion of the Advisor. The Plan’s fees will take into consideration
the aggregate assets under management with the Advisor. All securities held in accounts managed by CQRPA will
be independently valued by the Custodian. CQRPA will conduct periodic reviews of the Custodian’s valuation to
ensure accurate billing.

CQRPA also offers retirement plan services on an hourly basis on an as-needed basis. Hourly services are charged
at $350 per hour. An estimate for total hours and overall costs will be provided to the Client prior to engaging for
these services.

Investment Advisory Services (Individuals)
Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
investment advisory agreement. Investment advisory fees are at an annual rate ranging from 0.80% to 0.25%
depending on the size and complexity of the Client relationship and the services to be provided. Fees are based on
a percentage of assets under management at the end of the previous calendar quarter. Relationships with specific
reporting requirements, portfolio restrictions and other complexities may be charged a higher fee.

The fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first
quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration
the aggregate assets under management with the Advisor. All securities held in accounts managed by CQRPA will
be independently valued by the Custodian. CQRPA will not have the authority or responsibility to value portfolio
securities.

                                     Carolina Qualified Retirement Plan Advisers, LLC
                                    2795 Anchor Watch Drive, Wadmalaw Island, SC 29487
                                                    Phone: (843) 209-9230
                                            http://www.carolinacorporateplans.com

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

B. Fee Billing
Retirement Plan Advisory Services and Investment Advisory Services (Individuals)
Advisory fees will be calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor or its delegate shall send an invoice to the Custodian indicating the amount of the fees to
be deducted from the Client’s account[s] at the respective quarter-end date. The amount due is calculated by
applying the quarterly rate (annual rate divided by 4) to the total assets under management with CQRPA at the end
of the prior calendar quarter. Clients will be provided with a statement, at least quarterly, from the Custodian
reflecting deduction of the investment advisory fee. It is the responsibility of the Client to verify the accuracy of these
fees as listed on the Custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients
provide written authorization permitting advisory fees to be deducted by CQRPA to be paid directly from their
accounts held by the Custodian as part of the investment advisory agreement and separate account forms provided
by the Custodian.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than CQRPA, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, if applicable. The investment advisory fee charged by CQRPA is
separate and distinct from these custody and execution fees.

In addition, all fees paid to CQRPA for investment advisory services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in
each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds,
other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of CQRPA, but would
not receive the services provided by CQRPA which are designed, among other things, to assist the Client in
determining which products or services are most appropriate for each Client’s financial situation and objectives.
Accordingly, the Client should review both the fees charged by the fund[s] and the fees charged by CQRPA to fully
understand the total fees to be paid. Please see Item 12 – Brokerage Practices.

D. Advance Payment of Fees and Termination
...

Item 7 – Types of Clients
CQRPA provides advisory and consulting services to the sponsors of qualified retirement plans and individual
investors. The amount of each type of Client is available on the Advisor's Form ADV Part 1A. These amounts
may change over time and are updated at least annually by the Advisor. For qualified plans, the Advisor has a
minimum annual fee of $6,000, which may be reduced at the sole discretion of the Advisor.