Main Street Retirement Planning LLC

Item 5 • Fees and Compensation

    Portfolio Management Services

    We charge an annual fee based on the amount of your assets we manage, which is generally equal to
    1.25% of the assets under management, including cash and cash equivalents. We may, in our sole
    discretion, charge a lesser or greater investment management fee based upon certain criteria (i.e.,
    anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
    managed, related accounts, account composition, negotiations with client, etc.). As a result of the above,
    similarly situated clients could pay different fees. In addition, similar advisory services may be available
    from other investment advisers for greater, similar, or lower fees. Existing accounts may be subject to
    varying compensation arrangements. Our fee is payable quarterly in arrears as set forth in your portfolio
    management agreement. In either event the fee is based on the value of your account on the last day of
    the preceding quarter.
    If the portfolio management agreement is executed at any time other than the first day of a calendar
    quarter, our fees will apply on a pro-rata basis, which means that the advisory fee is payable in proportion
    to the number of days in the quarter for which you are a client.
    We may deduct our fee directly from your account after you have given our firm written authorization
    permitting the fees to be paid directly from your account. Further, the qualified custodian will deliver an
    account statement to you at least quarterly. These account statements will show all disbursements from
    your account. You should review all statements for accuracy. Our fees for management of the sub-
    accounts tied to variable annuities may be distributed by the annuity company directly from your account
    or are deducted from another account, if applicable.
    Addition of Assets
    You may deposit additional assets in your account at any time during the year. If assets are deposited into
    an account after the inception of a calendar quarter, our advisory fee with respect to your account assets
    will not be prorated based on the number of days remaining in the quarter. Rather, our advisory fee will
    be based on the amount of assets in your account at the end of a calendar quarter, including the deposits
    made mid-quarter. For example, if you deposit funds in your account 1 day before the end of the quarter,
    the entire account balance, including the newly deposited funds, will be subject to the investment
    advisory fee assessed by our firm at the quarter’s end.

7      799 W. Main St. • Coppell, TX 75019 • Telephone 972.393.0376 • Facsimile 972.393.0327 • www.mainstreetretirement.com

    Withdrawal of Assets
     You may withdraw account assets on notice to our firm, subject to the usual and customary securities
    settlement procedures. However, we design our portfolios as long-term investments and asset
    withdrawals may impair the achievement of your specific investment objectives.

    Additional Fees and Expenses
    As part of our investment advisory services to you, we will generally invest, or recommend that you invest,
    in mutual funds or exchange traded funds. The fees that you pay to our firm for investment advisory
    services are separate and distinct from the fees and expenses charged by mutual funds or exchange traded
    funds (described in each fund’s prospectus) to their shareholders. These fees will generally include a
    management fee and other fund expenses. You should carefully read the prospectus before investing in
    any mutual funds or ETFs, including the SEI Funds. For securities purchased outside of the Program, you
    may also incur transaction and/or brokerage fees when purchasing or selling securities. These charges and
    fees are typically imposed by the broker-dealer or custodian through whom your account transactions are
    executed. We do not share in any portion of the brokerage fees/transaction charges imposed by the
    broker-dealer or custodian. However, we receive additional compensation from SEI, and indirectly from
    client assets, based on the amount of client assets invested in the SEI Funds. Please refer to Item 14 for
    more information in that respect. For information about brokerage practices, please refer to Item 12.
    IRA Rollover Considerations
    A client or prospective client leaving an employer typically has four options regarding an existing
    retirement plan (and may engage in a combination of these options): (i) leave the money in the former
    employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and
    rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out the
    account value (which could, depending upon the client’s age, result in adverse tax consequences). If we
    recommend that a client roll over their retirement plan assets into an account to be managed by us, that
    recommendation creates a conflict of interest since it will increase our compensation as a result of the
    rollover. When acting in such capacity, we serve as a fiduciary under the Employee Retirement Income
    Security Act (ERISA), or the Internal Revenue Code, or both. No client is under any obligation to roll over
    retirement plan assets to an account managed by us. Before proceeding, if you have questions contact
    your IAR, or call our main number as listed on the cover page of this brochure.

Item 7 • Types of Clients

    We offer investment advisory services to individuals, high net worth individuals, defined benefit plan
    participants and non-participant directed defined contribution plans, and institutions.

8      799 W. Main St. • Coppell, TX 75019 • Telephone 972.393.0376 • Facsimile 972.393.0327 • www.mainstreetretirement.com

    In general, clients can open and maintain an advisory account with no minimum balance requirement.
    However, the IAR servicing your account may set a minimum, or decline to accept your account, if the
    amount you have available to invest is too small to effectively manage, for example, the account size is
    too small to permit diversification, or the management fee charged would be excessive in comparison to
    the account balance.