Efficient Advisors LLC

Item 5 - Fees and Compensation
Turn-Key Asset Management Services
Our maximum annual management fee is a percentage of the market value of the assets held
within your account(s) under management as shown below:

               Household                  Efficient
               Assets                     Advisors
               First $500,000               0.50%
               Next $500,000                0.50%
               Next $1,000,000              0.45%
               Next $2,000,000              0.40%
               Next $6,000,000              0.35%
               Over $10,000,000             0.30%

Efficient aggregates accounts with the same address into Households (“Households”) and
breakpoints are applied by Household. Efficient charges a minimum annual fee of $60.00 per
investment account. If the percentage fee attributable to an account within your Household is
less than minimum fee, the minimum fee is charged and it is not shared with your Advisor. If the
percentage fee attributable to each account within your Household is higher than the minimum,
then the percentage fee is charged and shared with your Advisor according to the schedule above.
The minimum fee is not prorated for new accounts and is not shared with your Advisor. Efficient
reserves the right to waive these requirements at its sole discretion. If each account within the
Household does not maintain sufficient cash or money market balances, Efficient will liquidate
securities in the account(s) in amounts sufficient to cover the fees. You understand that such
liquidation may cause you to incur taxable capital gains and trading costs.

Efficient offers clients the ability to combine our traditional asset allocation models with alternative
asset classes. These portfolios are called Efficient Advisors Alternatives Portfolios. Due to the
unique asset allocation of these portfolios and the additional research and due diligence required
to maintain them, Efficient charges an additional 0.05% annually for these models.

Our management fee may be negotiated based on a number of factors including, but not limited
to, the amount of work involved, the assets placed under management and the attention needed
to manage the account(s). Depending on individual arrangements made, fees paid by one client
may be higher or lower than fees paid by another client under similar circumstances.

Beginning April 1, 2026, the management fee is based on the market value of your account’s
assets on the last day of the previous quarter as valued by your account’s custodian. We calculate
the initial quarter’s fee based on the contributions made into each account and then prorate the
fee based on the date the initial trades are made in your Efficient Portfolio(s). In addition,
subsequent deposits made into your account will be billed on a prorated basis based on the date

they are received in your account. You will authorize your account’s custodian to pay the
management fee by debiting your account quarterly in advance.

You may withdraw funds from your account(s) at any time. If you close your account after the
beginning of a quarter, a rebate will be applied to your account ensuring you only pay for services
during the time the account is active on the platform.

The management fee above does not include your Advisor’s fee (the solicitor), which is
determined by your Advisor and is equal to a percentage of the market value of the assets held
within your account(s). Advisor fees may not exceed 1.4%. Certain legacy accounts may be billed
at a different rate than described above.

Retirement Plans
For retirement plans (such as 401(k) plans, 403(b) plans, 457 plans profit sharing plans and other
defined contribution retirement plans), Efficient assesses its money management fee as outlined
below. Please note that this schedule is different from the schedule outlined above because
retirement plans have a unique set of requirements including a more intricate set-up process, a
more dynamic and complex regulatory scheme imposed by ERISA and a greater potential
fiduciary burden because Efficient expressly assumes fiduciary status under ERISA Section 3(38)
and/or Section 3(21) of ERISA. Additionally, the lower overall fees are due, in part, because
retirement plan record keepers handle the majority of the day-to-day administration of the
accounts, which alleviates Efficient from this responsibility.

                                         Efficient
               Plan Assets               Advisors
               First $1,000,000            0.20%
               Next $2,000,000             0.15%
               Next $2,000,000             0.10%
               Over $5,000,000             0.05%

The fee schedule for retirement plan services clients was revised effective August 2019. Some
plans or Advisors may be grandfathered in to a different fee schedule than what is listed above.

The annual management fee above is based on the market value of your plan’s assets on the last
day of the previous calendar quarter as valued by your account’s custodian. We calculate the
initial quarter’s fee based on the market value of the plan on the date the plan goes “live” and then
prorate from that date to the end of the current quarter. In addition, subsequent deposits made
into the plan will be billed on a prorated basis based on the date they are received in your account.
You will authorize your retirement plan’s custodian to pay the management fee by debiting the
plan account quarterly, in advance.

We will aggregate your Advisor’s assets in retirement plans with the assets in institutional
accounts to determine if they meet the requirements of an Elite Advisor but due to the lower fee
schedule and complexities outlined above Efficient does not share any additional amount of the

fee from the retirement plans that they refer to us. We also maintain the right to negotiate the
fees that we charge retirement plans.
...

Item 7- Types of Clients
We provide our advisory services to individual investors, pension and profit sharing plans, trusts,
estates, charitable organizations, and businesses. While we do not require a minimum amount
of assets to open an account or maintain an account, we charge a minimum annual fee of $60.00
per investment account. See “Advisory Business” and “Fees and Compensation” above for more
information.

We also provide our services to other financial institutions such as registered investment advisors,
broker-dealers and their associated financial professionals.