REQUIRED 408(b)(2) FEE DISCLOSURE
This Fee Disclosure (or “Compensation Disclosure”) incorporates by reference Terms and Service Order between Client, Plan, and Uniglobal, including any schedule, addendum, appendix, and/or amendment. “Plan Sponsor” means the Client.
StanCorp Financial Group, Inc., and its subsidiaries. [The Standard]
In addition to the compensation disclosed by Uniglobal to Client and Plan, Uniglobal may also receive payments from StanCorp Financial Group, Inc., and its subsidiaries. (“The Standard”) for services provided by Uniglobal, as the plan’s TPA, to The Standard in connection with the Plan. Uniglobal may receive “Partner Payments" and/or "service fee income” payments from The Standard. Uniglobal does not have sufficient information to disclose, in advance, the exact amount of service fee income it will receive from The Standard, if any. However, the amounts received by Uniglobal will be disclosed on the Plan’s Form 5500 for the Plan Year in which such payments are made, if any.
Partner Payment Program / Service Fee Income
Uniglobal may be paid by The Standard for services provided both to the Plan, on behalf of The Standard, as well as for services to The Standard, which services are completed in connection with the services provided by both TPA and The Standard to the Plan.
These services include, but are not limited to:
- Reconciliation of assets on takeover plans;
- Reconciliation of loans on takeover plans;
- Coordinating data for set-up of new and takeover plans;
- Setting up administrative systems for new and takeover plans;
- Managing existing The Standard's plans for retention; and
- Using The Standard's electronic interfaces.
Partner Payment Program
- 401(k) and 403(b) Plans up to $2M
- One-time payment of $1,000 on transfer of assets;
- 5 Basis Points (0.05%) on eligible assets under administration on an annualized basis.
- 401(k) and 403(b) Plans $2M to $10M
- One-time payment of up to 20 Basis Points (0.20%);
- 5 Basis Points Trail (0.05%) on eligible assets under administration on an annualized basis.
Payments of service fee income or Partner Payment Program payments received from The Standard may partially offset compensation to be received by Uniglobal from the Plan Sponsor or the Plan for Uniglobal’s annual administrative, compliance, and professional services.
Direct Compensation
Please refer to the Service Order for fees that are considered Direct Compensation such as Administration and Compliance Service Fees, Loan Processing & Origination Fees, Participant Distribution Fees, and QDRO Review Fees. All Direct Compensation paid by the Plan and/or Client is disclosed in Terms, Service Order, and/or any addendum, attachment, schedule, exhibit, appendix, or amendment, as applicable, including this Compensation Disclosure, and together with fee related materials from other parties including Other Service Provider Compensation Disclosures constitute Uniglobal’s compliance with this disclosure law.
StanCorp Financial Group, Inc., and its subsidiaries is not affiliated with Uniglobal Pension Planning, Inc..