Fiducient Advisors LLC

Item 5 - Fees and Compensation
Due to the bespoke nature of our business, we do not have a standardized fee or uniform fee
schedule. The nature of our proposed relationship and the services provided to each client are
considered when determining an appropriate fee structure for such client. We believe our fees are
competitive and reasonable. However, there may be instances where similar services may be
available for similar or lower fees from other investment managers. All fees are negotiated in
advance with the client and will vary depending on several factors, including, but not limited to:

   •   Complexity of the arrangement;
   •   Scope of work;
   •   Type of account(s) (e.g., defined benefit, defined contribution, foundation, endowment,
       wealth client);
   •   Number of plans, portfolios, or funds;
   •   Aggregate assets under management/advisement;
   •   Number of investment managers; and
   •   Nature and frequency of meetings and reports.

The fees charged for investment advisory services are specified in the written agreement between
Fiducient Advisors and each client. Fiducient’s fees do not include any trustee fees, custody fees,
sub-advisory fees, brokerage commissions, transaction costs, mutual fund expenses, or other fees
a client may incur. Clients are responsible for these separate fees and expenses as well as these
other costs.
When we evaluate an investment fund and any relevant share class of such fund, we will generally
consider the reasonableness of its net costs by assessing the total expense ratio of such fund and
share class as applicable. Certain funds may offer less expensive share classes that have investment
minimums which generally must be met individually by each investor. However, depending on
the fund, retirement plans for which we serve as 3(38) investment managers, may be able to meet
the fund’s investment minimum based on the combined assets of the relevant plans. There is no
guarantee that these combined assets will meet, or continue to meet, any investment minimum.
Plan clients that have not engaged us as their 3(38)-investment manager may not be eligible for
these same share classes. Retirement plan clients with plan expense reimbursement accounts and
other clients with similar crediting arrangements are also responsible for considering the fact that
we may recommend or select share classes with lower expense ratios, which may generate fewer
credits for the plan’s benefit.
Asset-Based Fees

   •   Non-Discretionary Asset-based fees for assets we advise typically range from 0.01% to 1.0
       %.
   •   Discretionary Asset based fees for assets we advise typically range up to .30% for
       institutional clients and up to 1.0% for Wealth Management

Generally, our fees are billed quarterly, in advance or arrears, and calculated on the value of assets
in the account at the end of each calendar quarter.

Project-Based Fees

For project-based client arrangements and financial planning services fees typically range from
$5,000 - $150,000. We generally charge a client a fixed fee subject to a separate contract or as part
of an amendment to the client’s existing advisory agreement.

ASAE Program Fees
For information on fees charged by custodians, brokers, third party service providers, investment
managers (including sub-advisers), private funds or mutual funds, clients should refer to their
agreements or offering memorandum for those entities or review the prospectus in the case of
mutual funds.

Item 7 - Types of Clients

We provide investment consulting and investment management services to retirement plan
sponsors, Taft-Hartley plans, endowments and foundations (including hospitals and healthcare
organizations, religions institutions, educational organizations, charitable organizations and other
nonprofits), private institutions, municipalities, corporations, private funds, families, individuals
and financial institutions. Various minimum account sizes or fee levels will apply depending on
the type of client.