Vault Fiduciary LLC

Item 5 – Fees and Compensation

   A. Fees
Vault Fiduciary does not employ a standard fee schedule for all clients. Fees and payment
terms are negotiable depending on each client's unique situation, including the amount of
assets, type of portfolio, time involved, degree of responsibility assumed, complexity of the
engagement, application of experience and knowledge of the client's situation. The Firm’s
compensation arrangements negotiated with clients will be set forth in the applicable Client
Agreement(s).
   B. Payment of Fees
The specific manner in which Vault Fiduciary charges clients fees for its services will be
described in the applicable Client Agreement(s) related to each client. Fees are paid
periodically, not on success basis. Upon termination of any account, any prepaid, unearned fees
will be promptly refunded, and any earned, unpaid fees will be due and payable.
   C. Third-Party and Other Fees
Vault Fiduciary anticipates that plan sponsors will pay the cost of outside counsel retained by
the Firm in support of the services it provides to clients, provided that reasonably detailed
invoices from outside counsel describing the work performed are provided to the relevant
plan sponsor, and other relevant expenses connected to a given engagement. Vault
Fiduciary’s fees do not include transaction fees and other related costs and expenses which
may be incurred by the client.
It is critical that clients refer to the applicable Client Agreement(s) for a complete
understanding of fees and expenses. The information contained herein is a summary
only and is qualified in its entirety by such documents.
   D. Prepayment of Fees
Vault Fiduciary does not anticipate accepting prepayment of fees.
   E. Outside Compensation for the Sale of Securities
Neither Vault Fiduciary nor its supervised persons accepts compensation for the sale of
securities or other investment products outside of its association with Vault Fiduciary.
The foregoing discussion in Item 5 represents Vault Fiduciary’s basic compensation
arrangements. Fees and other compensation are negotiable in certain circumstances
and arrangements with any particular client may vary.

                                                                                 Part 2A of ADV:
                                                                   Vault Fiduciary LLC Brochure

Item 7 – Types of Clients

Vault Fiduciary’s clients include public and private pension and profit-sharing plans and similar
clients.

                                                                                  Part 2A of ADV:
                                                                    Vault Fiduciary LLC Brochure