Background Pooled Trusts The MPDT MPDT vs. Others Executive Director & Board of Directors Frequently Asked Questions Download brochure Instructions Disbursements Examples Documents Download forms Administrative Fees Home	Fees paid to Maine Pooled Disability Trust A one-time joinder fee of $900.00 to open a subaccount An annual administrative fee of $360.00 for each fiscal year beginning July 1 and ending June 30. The annual administrative fee may be waived (in full or in part) by the Directors of the Maine Pooled Disability Trust Management Company for subaccounts with low balances. For new subaccounts, the annual administrative fee will prorated at the rate of $30.00 per month from date of funding through the next June 30. Costs, fees and expenses related only to a specific subaccount will be charged to the subaccount affected. All professional fees, administrative expenses, charges and other fees and costs incurred in the administration, creation and/or protection of the Trust, unless directly attributable only to a specific subaccount, shall be charged generally against the Trust and shall be paid prior to allocation of net income to any of the Trust subaccounts, or out of the principal of the Trust subaccounts. Fees Paid to True Link Financial Services True Link Financial Services is an independent financial institution that issues all subaccount disbursements, prepares quarterly subaccount statements and is responsible for coordinating the issuance and mailing a Grantor Letter to each beneficiary. True Link Financial Services charges an investment management fee that is deducted from the trust subaccount quarterly. The amount of the fee for funds held in a money market account is .3% (.003) fee and 1% (.01) for funds held in an investment portfolio. The fee is calculated based on the average daily balance of the assets under management in the subaccount, per year, prorated on a quarterly basis. The fee is payable to True Link Financial Advisors, LLC. The .3% fee assumes the sub account is fully invested in a Money Market Account only, which will be cash or cash equivalents, and the 1% fee applies to subaccounts containing assets other than cash or cash equivalents. All fees are subject to change. Additional fees may apply to subaccounts containing assets other than cash.
Maine Pooled Disability Trust Ron Bansmer, Executive Director P.O. Box 887 Augusta, Maine 04332 Phone (207) 967-6072 Fax (207) 480-1065 mpdt@mainepooleddisabilitytrust.org
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