McNamara Financial Services Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are typically paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
investment advisory agreement. Investment advisory fees are based on the average daily balance of all assets in the
client’s account during the prior calendar quarter. Investment advisory fees range from 0.25% to 1.05% depending on
assets under management and are based on the following schedule:

                   Assets Under Management ($)                Annual Rate (%)
                   The First to $250,000                            1.05%
                   Next to $750,000                                 0.90%
                   Next to $1,000,000                               0.70%
                   Next to $1,000,000 +                             0.35%

The investment advisory fee for new accounts 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 MFS will be
independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure
accurate billing.

Reporting Services – Reporting services on assets in accounts that are not under the Advisor’s management are subject
to an annual fee of $45 per account.

Financial Planning and Consulting Services
MFS offers financial planning services at an hourly rate of $500 per hour. The Advisor charges a minimum financial
planning fee of $2,500 based upon a minimum of 5 hours at the hourly rate of $500 per hour. Fees may be negotiable
based on the nature and complexity of the services to be provided and the overall relationship with the Advisor. An
estimate for total hours and overall costs will be provided to the Client prior to engaging for these services.

                                              McNamara Financial Services, Inc.
                                        1020 Plain Street, Suite 200, Marshfield, MA 02050
                                          Phone: (781) 834-2010 * Fax: (781) 834-2056
                                               http://www.mcnamarafinancial.com

Retirement Plan Advisor Services
Fees for retirement plan advisory services are charged either an annual asset-based fee of up to 1.05% based on
the market value of assets under management at the end of the calendar quarter or an annual fixed fee. Retirement
plan advisory fees are billed quarterly either in advance of, or at the end of each quarter. Fees may be negotiable
depending on the size and complexity of the Plan.

B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the quarterly
rate (annual rate divided by the number of days in the year, multiplied by the number of days in the quarter) to the
average daily balance of assets under management with MFS during the prior quarter. Clients will be provided with a
statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients are urged
to also review and compare the statement provided by the Advisor to the brokerage statement from the Custodian, as
the Custodian does not perform a verification of fees. Clients provide written authorization permitting advisory fees to
be deducted by MFS to be paid directly from their account[s] held by the Custodian as part of the investment advisory
agreement and separate account forms provided by the Custodian.

Reporting Services – Clients receiving these services may be charged on a flat-fee basis, in the form of an annual fee
that will be charged quarterly. This fee will be based upon the fee the Third-Party platform provider charges to MFS for
use of the platform. This fee is intended to cover administrative costs and the Advisor generally does not profit from said
fee.

Financial Planning and Consulting Services
Financial planning fees are invoiced and due upon completion of the agreed upon deliverable[s].

Retirement Plan Advisor Services
Retirement plan advisory fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan,
depending on the terms of the retirement plan advisory agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than MFS, 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, as applicable. The Advisor's recommended Custodian does not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by MFS are separate and distinct from these custody and execution
fees.

In addition, all fees paid to MFS 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
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Item 7 – Types of Clients

MFS offers investment advisory services to individuals, high net worth individuals, trusts, endowments, businesses,
retirement plans, and other legal entities. Client relationships vary in scope and length of service. MFS generally
services Clients with a relationship size of $500,000 and above. MFS may reduce these minimums at its sole
discretion.