OneDigital - retirement Plan Investment Management Agreement - 06.01.2026 - SIGNED
Open official source ↗ · Source page 8
7 2026-01-20- CONGA – E – 3(38) Client Name: City of Smyrna SCHEDULE B F EE SCHEDULE 1. Advisory Fee. In exchange for its provision of the Services designated on Schedule A, the parties agree OneDigital shall be entitled to an advisory fee equal to: Service Type Fee Type** Annual Fee Amount Payment Frequency Payment Timing Paid By Rep Code Ongoing Services Percent of Plan Assets 25 bps Quarterly Arrears Custodian (from plan assets) W6VN Ongoing Services Percent of Plan Assets 25 bps Quarterly Arrears Custodian (from plan assets) W6VN ** For Percent of Plan Assets and/or Tiered Schedules: The value of total assets within the Plan or the participant’s account will be as documented by the Plan’s custodian as of the date that corresponds to the “Frequency” column listed above for that payment period. Client understands and agrees that, if the advisory fee is charged as a percentage of Plan or participant assets, the percentage is applicable to the Plan assets for that payment period, divided by the applicable ratio for a 12-month period. For example, if the payment period is “Quarterly,” the advisory fee for each complete payment period will be calculated as: ( Plan assets x applicable percentage) / 4 Agreement Tiered/Breakpoint Fee Description Agreement Basis Min Fee Max Fee A “t iered basis” will multiple the stated fee percentage for each separate asset range to the applicable plan assets in that asset range. The products of those calculations will then be added together to calculate the total fee. A “ breakpoint basis” will multiple the total plan assets by the stated fee percentage for the highest applicable asset range to calculate the total fee. 2. A dditional Fees. Client and/or the participants in the Plan may incur certain charges imposed by third parties in addition to the advisory fees described herein. Such charges include, but are not limited to, custodial fees; brokerage commissions; transaction fees; charges imposed directly by a mutual fund, index fund, or exchange traded fund selected as an investment; wire transfer fees; and other fees and taxes on brokerage accounts and securities transactions. 3. Annua l Cost of Living Adjustment (“COLA”). The parties agree the applicable fee for Ongoing Service shall automatically increase pursuant to the following schedule: Effective Date of First Increase Percentage of Increase Frequency