New proposal for Test plan from Bob Miller at
Test plan PROPOSAL – VOYA Financial $ 1. Plan Document Fee: QPC TERMS AND CONDITIONS SAMPLE Our services include plan design consultation, preparation of Volume Submitter Plan Adoption Agreement and Master Plan document, as well as preparation of the Summary Plan Description, Corporate Resolution, Loan Policy, QDRO Policy, and inclusion of all current required legislative provisions. 2. Annual plan document maintenance service and fee: This service includes up to two Plan document amendments annually at no additional fee. The Plan amendments may be discretionary amendments requested by you to make changes in current Plan provisions and any IRS-required amendments. Also, QPC will not charge an additional fee for restating Plan documents which are required under the Internal Revenue Service's then-current Plan restatement cycle. This fee will apply unless you decline the service. You may elect to opt out of this service now, or at any time in the future. However, if you opt out of this service, you will not be able to sign up for it again until after the current IRS restatement cycle ends. 3. Recordkeeper Installation Credits Overview: If QPC meets certain incentive requirements set by the Fund Company, QPC may receive an initial installation allowance from the Fund Company. Any installation allowance will be based on the total Plan assets of those Plans sold by QPC and the Fund Company in the current calendar year. QPC does not know, in advance, the exact amount of installation allowance it may receive from the Fund Company. The installation allowance could, at the discretion of the recordkeeper, be reduced or discontinued at any time. QPC has made an estimate of the installation allowance according to the current recordkeeper formula, as well as the plan assumptions shown in prior page(s). The estimated installation formula used in this proposal is: 35 bps on transferred assets. Estimated recordkeeper credits, if any, are fully disclosed on the Pricing Page and used 100% to offset QPC fees. 4. Efficiency Allowance: SAMPLE If QPC meets certain incentive requirements set by the Fund Company, QPC may receive an annual TPA reimbursement to offset plan administration fees. The amount of any reimbursement will be based on a formula determined by the Fund Company, equal to 0.05% of Plan assets (5 basis points). Estimated recordkeeper credits, if any, are fully disclosed on the Pricing Page and used 100% to offset QPC fees. In addition, the recordkeeper cost sharing credits received by QPC, if any, will be disclosed on the Plan's Form 5500 Annual Report for the Plan year in which such payments are made. 5. Conversion Services: Our services include coordination of transfer assets and reconciliation of participant accounts. 6. Pricing Assumptions: www.webmerge.me www.webmerge.me All pricing is contingent on the 'pricing assumptions' shown in the Pricing Summary section. If there are material changes to those assumptions a new proposal will be required to be valid. SAMPLE www.webmerge.me 8 | P a g e
SAMPLE www.webmerge.me SAMPLE www.webmerge.me QUALIFIED PLAN CONSULTANTS SAMPLE www.401k-qpc.com firstname.lastname@example.org Statement of Confidentiality This proposal and supporting materials contain confidential and proprietary business information of QPC. These materials may www.webmerge.me be printed or photocopied for use in evaluating the proposed project, but are not to be shared with other parties.