Background Pooled Trusts The MPDT MPDT vs. Others Executive Director & Trustees Frequently Asked Questions Download brochure Instructions Disbursements Examples Documents Download forms Administrative Fees Home	Fees There is a joinder fee of $900 to open a sub account. An annual administrative fee of $360.00 will be charged to each sub account on every July 1. Accounts with a balance less than $1,000 on July 1 will not be charged the administrative fee. The administrative fee will be prorated for new subaccounts at the rate of $30.00 for each month from date of funding to the next July 1. Costs, fees, and expenses related to specific sub accounts shall be charged to the sub account(s) affected. All professional fees, administrative expenses, charges, and other fees and expenses incurred in the administration, creation, and/or protection of the trust, unless directly attributable to a specific trust account, shall be charged generally against the Trust estate and shall be paid prior to allocation of net income to any of the Trust accounts or out of the principal of the Trust accounts. Investment Management Fees The investment management fee for subaccounts is 1 percent (.01) annually based on the month end market value of the subaccount. Fees will be paid from available income cash; if income cash is insufficient, the balance of fees will be paid from principal cash. Additional fees may apply to subaccounts containing assets other than cash or marketable securities. Fees are subject to change.
P.O. Box 495 Kennebunkport, ME 04046-0495 Phone (207) 967-6072 Fax (207) 967-5698 Email