Meridian Financial LLC

Item 5: Fees and Compensation

We have two types of fees, fixed fees, and a percentage of assets under management, which are
described below.

Fixed fees – Financial Planning
Financial Planning fees will be charged as follows:

      Fees will typically range from $4,000 to $10,000 depending on the nature and
       complexity of each client’s circumstances.

One-half of the planning fee is due at contract signing, with the balance due at plan delivery.

Fees – Investment Management Services
Fees and compensation for our services are calculated in accordance with “Exhibit A” of the
Investment Advisory Agreement (“IAA”), which is signed upon the start of a relationship with a
Client. The Firm generally charges an annualized percentage rate fee based on a client’s total
assets managed by the Firm. The IAA reflects all fee arrangements between the Firm and its
clients. Although the Firm believes its fees are competitive, the client should be aware that
lower fees for comparable services may be available from other sources.

The actual fee each Client pays is set forth in the IAA, is negotiable, and is based on a number of
factors, including Client investment strategies, assets under management and time devoted by
the advisors at the Firm to the Client’s account(s). The Client bears responsibility for verifying
the accuracy of our fee calculations. We reserve the right to modify our fees after we have
provided a Client with at least 30 day’s prior written notice.

Investment Management fees are charged as follows:

                   Assets Under Management            Annual Fee       Quarterly Fee
                        $1 - $1,000,000                 1.00%        25.00 basis points
                    $1,000,001 - $3,000,000             0.85%        21.25 basis points
                    $3,000,001 - $5,000,000              0.65%       16.25 basis points
                    Amounts over $5,000,000              0.50%       12.50 basis points

This is a blended fee schedule; the asset management fee is calculated by applying different
rates to different portions of the portfolio. We may group certain related client accounts for the
purposes of achieving the minimum account size and determining the annualized fee.

For example (based on quarterly billing period):
Client with $2,000,000 under management would pay $4,625 on a quarterly basis.

                              AUM                    Quarterly fee         Total
                         First $1,000,000               0.2500%            $2,500

                        Next $1,000,000                 0.2125%            $2,125

                              Total                                        $4,625

Fees are billed quarterly in advance based on the amount of assets managed as of the close of
business on the last business day of the previous quarter.

Participant Account Management Fees
Our annual fees for Portfolio Management Services are based upon a percentage of assets under
management and are either a flat fee or a tiered fee schedule up to 1%.

Clients participating in the Pontera platform will be required to sign an IAA. This Fee will be
charged quarterly in advance and in certain instances, monthly in advance. The Fee will be
assessed and payable each billing period, in advance, based on the balance of Client’s managed
assets as of the prior quarter-end, in accordance with the fee schedule listed in Exhibit A of the
IAA. If we only manage your assets for part of a quarter, the charge will be prorated.

Investment management fees are generally directly debited from client accounts. The exception
for this is directly managed held-away accounts, such as 401(k)s. As it is impossible to directly
debit the fees from these accounts, these fees will be assigned to a client’s accounts on a pro-
rata basis. If the client does not have an account managed by MFA, those fees will be billed
directly to the client. Accounts initiated or terminated during a calendar quarter will be charged a
prorated fee based on the amount of time remaining in the billing period. An account may be
terminated with written notice at least 30 calendar days in advance.

Calculation and Payment
The specific manner in which we calculate fees is established in a client’s written agreement
with us. Clients may elect to be invoiced directly for fees or to authorize us to directly debit
fees from client accounts.

If a client begins its relationship with the Firm in the middle of the quarter, the Asset
Management fee will be prorated for assets held for a partial quarter based on the number of
days that the account was open during the quarter. If there is a mid-quarter change to an
existing Investment Management fee (for example, if a client qualifies for a different tier in the
fee schedule or negotiates a new fee rate, the new fee rate is applied to the entire quarter).

Upon termination of any account, any prepaid, unearned fees will be refunded in the next
billing cycle, and any earned, unpaid fees will be due and payable in the next billing cycle.

Other Fees
There are no additional types of fees or expenses that our clients pay in connection with the
delivery of advisory services.

Agreement Terms
Upon 30 days written notice, either party may terminate an agreement at any time by
notifying the other in writing. If the client made an advance payment, we would refund any
unearned portion of the advance payment.

If the client made a payment in arrears, we would collect any earned yet unpaid fees.

Cash Balances
Some of your assets may be held as cash and remain uninvested. Holding a portion of your
assets in cash and cash alternatives, i.e., money market fund shares, may be based on your
desire to have an allocation to cash as an asset class, to support a phased market entrance
strategy, to facilitate transaction execution, to have available funds for withdrawal needs, to
...

Types of Clients
We provide services to individuals, high-net-worth individuals, families, and small businesses.

Account Minimums
We have a minimum account size of $1,000,000, although we evaluate each situation
individually and reserve the right to waive or adjust this minimum, as well as decline any
potential client, for any reason.