3-4_Understanding-Why Participate.ai

Mutual Funds  Name/Type of Option

Total Annual Operating Expense 

Average Annual Total Return As of 7/31/2017

Since  Inception 

Shareholder‐ Type Fees 

As a % 

Per $1,000 

1 year 

5 year 

10 year 

Interm‐Long Term Bond Loomis Sayles Core Plus Bond N 

0.39% 0.05%

$3.90 $0.50

2.06% 3.26%  ‐0.69% 1.93%  ‐0.51% 2.02%  11.68% 7.06%  10.94% 6.73% 

6.32% 4.40% 4.44% 7.88% 8.26% 1.97% 0.46%

‐ ‐ ‐ ‐ ‐ ‐ ‐

None None

Vanguard Total Bond Market Index Adm  Benchmark:  BBgBarc US Agg Bond TR USD 

High Yield Bond  BlackRock High Yield Bond K  Stable Value American Trust Stable Value 

0.53%

$5.30

None

Benchmark:  BBgBarc US HY 2% Issuer Cap TR USD

0.20% 1

$2.00

1.74% 1.55%  0.65% 0.20% 

None

Benchmark:  USTREAS T‐Bill Auction Ave 3 Mon                       1 Represents fees paid to the underlying fund

Portfolios 

Total Annual Operating Expense 

Average Annual Total Return As of 7/31/2017 

Since  Inception 

Shareholder‐ Type Fees 

Name/Type of Option 

As a % 

Per $1,000 

1 year 

5 year 

10 year 

Aggressive Growth ATDynamic Aggressive Growth  Benchmark:  Aggressive Growth 

0.54%

$5.40

14.25%

‐ 

‐

9.62%

None

14.28% 10.72% 

5.87%

Growth  ATDynamic Growth  Benchmark:  Growth 

0.54%

$5.40

11.77%

‐ 

‐

8.40%

None

11.95% 9.21% 

5.62%

Moderate Growth ATDynamic Moderate Growth  Benchmark:  Moderate Growth  Conservative Growth ATDynamic Conservative Growth  Benchmark:  Conservative Growth  Conservative ATDynamic Conservative  Benchmark:  Conservative  Benchmarks  Benchmark:  S&P 500 TR USD  Benchmark:  MSCI EAFE NR USD 

0.53%

$5.30

8.47%

‐ 

‐

7.00%

None

8.78% 7.30% 

5.36%

0.53%

$5.30

5.01%

‐ 

‐

5.22%

None

5.70% 5.30% 

4.85%

0.53%

$5.30

1.71%

‐ 

‐

3.32%

None

2.50% 3.45% 

4.30%

16.04% 14.78%  17.77% 9.06%  ‐0.03% 1.67% 

7.74% 1.46% 3.82%

‐ ‐ ‐

Benchmark:  BBgBarc US Govt/Credit Interm TR USD 

For additional information please see the Investment Disclosure section

No Bank Guarantee ‐ Not FDIC insured ‐ May lose value 

Part II. Administrative Expenses  (Effective October 1, 2017) Plan‐level Expenses 

All retirement plans have certain costs associated with the administration of the plan. This may include such items as recordkeeping participant accounts,  compliance/legal aspects, as well as trustee and managing of plan assets. These fees are not reflected in the Total Annual Operating Expense of the designated  investment alternatives listed above and may be charged directly to the account of the plan participants.   The expenses listed below relate to the administration of your plan and may be charged against the assets of the plan. Any fee charged to the plan will be allocated on  a pro rata basis (as a percentage of assets). For example, if your plan incurs a $5,000 fee and the plan in total has $1,000,000 in assets, the fee will be 0.5%  (5,000/1,000,000). If you have an account balance of $20,000, your share of the fee will be $100 (20,000 x 0.5%). In certain situations, your plan sponsor may pay a  portion of these fees. Any fee charged directly to your account will be reflected on your quarterly participant statement.   Applied to Plan  Asset Fee: covers the cost of Trustee, Investment Management, and Account Management services to your plan.   American Trust Base Fee  0.0010%   Charged to your account  American Trust Asset Schedule Fee  0.0134%   Charged to your account  Direct Service Partner Asset Fee  0.0000%   Charged to your account  Recordkeeping Fee:   covers the cost of maintaining the participant records, processing contribution payrolls, producing plan level reports, participant statements, etc. Per Participant Fee $0.67   Charged to your account  Compliance Fee:   covers the cost of compliance related services such as preparation and maintenance of the plan’s document and Summary Plan Description (SPD), preparing  the plan’s annual tax filing form and ensuring the plan maintains overall compliance with IRS and DOL rules.    Compliance Fee 0.0010%   Charged to your account  3(16) Administration Service Fee:   covers the cost of Plan Administrative duties as defined under ERISA Section 3(16) and may include Distribution Oversight (reviewing and  approving distributions based on the provisions of the plan document, IRS/DOL rules and established procedures) or Reporting and Disclosures (signing and filing the plan’s  annual Form 5500).  Distribution Oversight Fee N/A   N/A  Reporting and Disclosures Fee N/A   N/A  Calculating your fees:   to calculate the estimated fees charged to your account monthly follow the calculation below  Active Employees Multiply 0.000154 by your monthly account balance and add $0.67 Plan Level Expense  Estimated  Monthly Rate