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Average Plan Assets in 2010 = 766,849,564

Total Operating Expenses = 907,249

  • Recordkeeping
  • Trustee
  • Administration
  • Personnel
  • Communication

Operating Expenses as a percent of assets = 12

Approximate investment manager fees * = 35

Other Mutual Fund Expenses ** = 6

Total Plan Fees and Expenses as a percent of assets = 53 basis points

________________________________________________________________________________________________________________________________

* Mutual Fund Investment Management Fee Avg.

** Includes Mutual Fund Transaction Fees, 12b-1 Fees, Administrative Fees, and all other Asset-based costs incurred by the funds. Does not include transaction costs of participant activity, which is reflected in each BGI NAV lowering BGI fund performance.

*** Expense ratio includes operating expenses and investment manager fees.


          Option ***
(Basis Points)
Morningstar
Average
(Basis Points)
 
               
               
    Stable Value   30 n/a  
    Value Stock   97 94 LV, 108 MV  
    Equity Index   20 n/a  
    Growth Stock   91 103 LG, 118 MG  
    International Stock   121 118  
    Diversified Small Co. Stock 94 111  
               
    Models:          
    Retirement Portfolio   37 68^  
    Conservative Portfolio     41 66*  
    Moderate Portfolio   63 68*  
     Aggressive Portfolio     74 99*  
           
               

^ From an advisor recommended Asset Allocation Model

*  From Morningstar models

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