SST Benefits Consulting & Insurance Services LLC

Item 5 – Fees and Compensation

Adviser offers both fiduciary consulting and non-fiduciary consulting services to retirement plan sponsors.
Please see the detailed description of the services we offer as well as a description of fee and
compensation arrangements.

Fiduciary Consulting Services

The following fiduciary consulting services are offered:

    •   Investment Performance Services
    •   Investment Policy Assistance Services

SST Benefits Consulting & Insurance Services, LLC.                                           IARD No: 288129

Form ADV 2A Brochure                                                                                 March 2026

Adviser acknowledges that in performing the fiduciary consulting services listed above for applicable
clients it is acting as a “fiduciary” as such term is defined under Section 3(21)(A)(ii) of the Employee
Retirement Income Security Act of 1974 (“ERISA”) for purposes of providing non-discretionary investment
advice only. Adviser acts in a manner consistent with the requirements of a fiduciary under ERISA if,
based upon the facts and circumstances, such services cause Adviser to be a fiduciary as a matter of
law. However, in providing the fiduciary consulting services, Adviser (a) has no responsibility and does
not (i) exercise any discretionary authority or discretionary control respecting management of the client’s
retirement plan, (ii) exercise any authority or control respecting management or disposition of assets of
the client’s retirement plan or (iii) have any discretionary authority or discretionary responsibility in
administering client’s retirement plan or interpreting retirement plan documents, (b) is not an “investment
manager” as defined in Section 3(38) of ERISA and does not have the power to manage, acquire or
dispose of any plan assets and (c) is not the “administrator” of Client’s retirement plan as that term is
defined in ERISA.

Investment Performance Services

We offer investment reviews to benefit plan sponsors (e.g., 457(b), 401(k), 401(a), 403(b), etc.). The
investment reviews provide a performance analysis of the funds held in the plans. This review and
analysis includes:

    •   A macro market commentary providing an economic and investment market overview and
        comparison of the client's portfolio performance to standard market indices. This overview
        includes (1) a detailed discussion of equity markets, (2) investment style comparisons for the
        quarter, one year, three year and five year periods, (3) active vs. passive managed fund results,
        (4) sector discussion, (5) fixed income market discussion, (6) economic issues, (7) housing, (8)
        unemployment and (9) concluding remarks.

    •   An executive summary of the client’s specific portfolio comparing investment performance against
        a customized benchmark for the quarter, one year, three year and five year periods. The
        executive summary then addresses a portfolio analysis including assets, cash position and
        mutual funds position. Each fund is specifically addressed with a commentary of fund
        management followed by any recommendations that are actionable based upon the client’s
        specific investment policy statement. Recommendations for each fund generally include
        “continue with this fund,” “add to watch list,” or “delete and replace this fund.” A summary of
        actionable recommendations follows along with an investment options spectrum indicating the
        asset allocation position of each fund in the portfolio. If appropriate, an analysis is done of stable
        value/fixed interest funds against appropriate benchmarks and other fixed income instruments
        with similar investment characteristics. A review of the composition, duration and credit quality is
        also completed.

    •   A rate of return spectrum that indicates each fund comparing the one year, three year and five
        year actual performance against peer group averages for the same period as well as the best fit
        index.

    •   Portfolio statistics with specific fund Morningstar ratings, manager tenure, and fund risk
        characteristics including:

            o    Beta (the relation of a mutual fund’s return with that of the financial market as a whole)
            o    Alpha (the difference between a mutual fund’s actual return and its expected return
                 based on the fund’s beta and the actual returns of a comparable index)
            o    Sharpe ratio (the measurement of the risk adjusted performance of a portfolio by
                 expressing the excess returns in relation to the standard deviation of the portfolio’s
                 performance)
            o    Information ratio (assists in determining the combination of value added and the
                 incremental risk taken to achieve those results)

SST Benefits Consulting & Insurance Services, LLC.                                            IARD No: 288129

Form ADV 2A Brochure                                                                               March 2026

            o    Three year and five year standard deviation (a statistical measure of the volatility of a
                 fund’s short term return from the average long term return.

    •   An asset allocation indicating by fund how many participants were invested in the fund as of the
        end of the reporting quarter and what percentage of assets is invested in the specific fund.

    •   An expense chart breaking down the fund expenses by type of expense, percentage that
        expense is and annualized dollar amount represented by that expense as of the end of the
        reporting quarter.

    •   Reports using Morningstar’s® investment analytical tool available exclusively to our clients.
        Office® provides information on an entire 457 deferred compensation plan as well as other
...

Item 7 – Types of Clients

We generally provide investment advice to government plans, including 457(b), 401(k), 401(a) and 403(b)
plans.

We do not open or maintain client accounts nor do we have any minimum plan value required for
providing services to governmental plans.

SST Benefits Consulting & Insurance Services, LLC.                                            IARD No: 288129

Form ADV 2A Brochure                                                                               March 2026

As of December 31, 2025, the Adviser provides non-discretionary advice clients on $524,070,498 assets
under management / advisement.