RPS Retirement Plan Advisors

Item 5: Fees and Compensation
Fees for Retirement Plan Services are negotiable and vary based upon the nature, scope and frequency of our
services as well as the size and complexity of the plan. Fees are negotiable and are billed in arrears rather than in
advance of the quarter. The billing schedule may include a flat plan support fee, a per participant fee, a project fee
and/or an asset-based fee.

Our standard fee schedule is as follows:

Total Asset Value                             Annualized Fee
On the first $3,000,000                       .35%
On the next $4,000,000                        .20%
On the next $3,000,000                        .15%
On the next $5,000,000                        .10%
On amounts greater than $15,000,000           .05%

In addition, a minimum annual fee of $30 per participant is charged. We impose an annual minimum fee of $8,000
for stand-alone 401(k) clients, and an annual minimum fee of $6,000 for adopters in the Pooled Employer Plan
(PEP).

Typically, Sponsors instruct the Plan’s recordkeeper or custodian to automatically deduct our Fees from the Plan
account; however, in some cases a Sponsor may request that we send invoices directly to the Sponsor or
recordkeeper/custodian.

Negotiable fees
Our fees for Retirement Plan Services are negotiable at our sole discretion, depending upon objective and subjective
factors including but not limited to: the amount of assets to be managed; the scope and complexity of the
engagement; the anticipated number of meetings and servicing needs; related accounts; future earning capacity;
anticipated future additional assets; the professional(s) rendering the service(s); prior relationships with our firm
and/or its representatives, and negotiations with the client. Certain legacy clients may have accepted different pre-
existing service offerings from our firm and may therefore receive services under different fee schedules than as set
forth above. As a result of these factors, similarly situated clients could pay different fees, the services to be
provided by us to any particular client could be available from other advisers at lower fees, and certain clients may
have fees different than those specifically set forth above. This includes other fee schedules where break points and
management fee percentages may be different. Our Chief Compliance Officer, Brooks Slaughter, or his
appointed delegate, remains available to address any questions that a client or prospective client may have
regarding the above fee determination.

Sponsors receiving Retirement Plan Services may pay more than or less than a client might otherwise pay if
purchasing the Retirement Plan Services separately or through another service provider. There are several factors
that determine whether the costs would be more or less, including, but not limited to, the size of the Plan, the
specific investments made by the Plan, the number of or locations of Plan participants, services offered by another
service provider, and the actual costs of Retirement Plan Services purchased elsewhere. In light of the specific
Retirement Plan Services offered by us, the Fees charged may be more or less than those of other similar service
providers.

In determining the value of the Account for purposes of calculating any asset-based Fees, Advisor will rely upon the
valuation of assets provided by Sponsor or the Plan’s custodian or recordkeeper without independent verification.
Unless we agree otherwise, no adjustments or refunds will be made in respect of any period for (i) appreciation or
depreciation in the value of the Plan account during that period or (ii) any partial withdrawal of assets from the
account during that period. Unless we agree otherwise, all Fees shall be based on the total value of the assets in the
account without regard to any debit balance.

All Fees paid to us for Retirement Plan Services are separate and distinct from the fees and expenses charged by
mutual funds, variable annuities and exchange-traded funds to their shareholders. These fees and expenses are
described in each investment's prospectus. These fees will generally include a management fee, other expenses, and
possible distribution fees. If the investment also imposes sales charges, a participant may pay an initial or deferred
sales charge.

In the event we receive any third-party payments or subsidies in connection with our Retirement Plan Services, we
will disclose such fees to Sponsors in accordance with ERISA and Department of Labor regulations.

No increase in the Fees will be effective without prior written notice.

Either party (we or the client) may terminate the agreement by providing 30 days prior written notice to the other
party. If the Investment Management Agreement is terminated by either the client or us effective as of a date which
is not the end of a calendar quarter, the client will pay a pro rata portion of the fees based on the actual number of
days elapsed. It should be noted that in our consulting capacity, we act as both the pension consultant and the 3(38)
fiduciary investment manager, although we do not charge any additional fees for money management.

Item 7: Types of Clients
Our Retirement Plan Services are available to clients that are sponsors or other fiduciaries to plans, including 401(k),
457(b), 403(b) and 401(a) plans. Plans include participant-directed defined contribution plans and defined benefit

plans. Plans may or may not be subject to ERISA. We do not require a minimum asset amount for Retirement Plan
Consulting Services.