MPF charges fees based on a percentage of assets under management, up to 0.20% annually for separately managed accounts. Fees are negotiable based on factors like investment types, portfolio size, and client relationship. Consulting and educational services may be provided under asset-based, hourly, or flat fee arrangements. Asset-based advisory fees may be subject to an annual minimum fee. Fees are typically calculated and billed monthly in arrears based on the value of eligible assets.