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55D - RESO - RETIREMENT SRVS
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06/21/2016
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55D - RESO - RETIREMENT SRVS
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Last modified
6/20/2016 10:23:50 AM
Creation date
6/16/2016 5:23:05 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55D
Date
6/21/2016
Destruction Year
2021
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NP INSTITUTIONAL TRUST & CUSTODY <br />DISCRETIONARY TRUSTEE <br />FEE SCHEDULE <br />PARS SECTION 115 POST - EMPLOYMENT <br />BENEFITS TRUST PROGRAM <br />This document is entered into by client and U.S. Bank National Association ( "U.S. Bank'), as trustee. <br />ANNUAL FEES <br />TRUST /CUSTODY FEES <br />■ All Plan assets -waived <br />INVESTMENT MANAGEMENT FEES <br />Investment Management Fees are based on the Investment Strategy you select. Following is a list of the Investment Management <br />Fees applicable to each Investment Strategy: <br />• Liquidity — First American U.S. Treasury Money Market– Fund level fees only (see prospectus) <br />• Liquidity— FirstAmerican Prime Obligation Fund Class Z– Fund level fees only (see prospectus) <br />s Diversified Portfolios (Conservative, Moderately Conservative, Moderate, Balanced, Capital Appreciation) <br />Per Annum Charges" <br />.35% on the first $ 5,000,0_0_0_�I <br />.25% on the next $ 5,000,000 <br />.20% on the next $ 5,000,000 <br />.15% on the next $35,000,000 <br />.10% on all over $50,000,000 j <br />*waived for plan assets invested in First American and Nationwide /HighMark funds where HighMark Capital Management is the sub - adviser of the fund. <br />OTHER FEES <br />■ First American Mutual Funds – See Prospectus <br />PAYMENT OF FEES <br />Market values used for fee calculations on fee invoices may differ slightly from market values on client statements due to posting of <br />accruals, late pricing of securities and /or other timing issues. <br />Fees are calculated and charged to the account monthly. If account cannot be charged after 30 days, fees not paid will be subject to a <br />late charge of 1 % per month on the unpaid balance. Changes to this Fee Schedule may be made at any time by U.S. Bank upon <br />reasonable notice. <br />KNOWLEDGED AND APPROVED <br />Date <br />TO BE USED FOR REFERENCE ONLY - DO NOT COMPLETE <br />All of CM serving you° (Mbank. <br />02/2015 55D -26 <br />
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