The Retirement Advice Service charges an annual advisory fee based on the following schedule: 0.50% on the first $50,000, 0.40% on the next $50,000, 0.30% on the next $150,000, and 0.20% on amounts over $250,000. For example, a participant with an account balance of $130,000 will be charged $540 annually. The fee is payable monthly in arrears and deducted directly from the participant's plan account. The advisory fee shall be waived for the first ninety (90) days following automatic enrollment in the Service.