The Directed Account Plan Expense Overview for 2010, including operating expenses, mutual fund expenses, plan fees and option and model expense ratios.
| 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 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 BlackRock NAV, lowering BlackRock performance.
| 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 | 105 LG, 116 MG |
| International Stock | 121 | 118 |
| Diversified Small Co. Stock | 94 | 111 |
| Retirement Model | 37 | 68** |
| Conservative Model | 41 | 66* |
| Moderate Model | 63 | 68* |
| Aggressive Model | 74 | 99* |
*From Morningstar models
**From an advisor-recommended asset allocation Model
***Expense ratio includes operating expenses and investment manager fees.