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EXHIBIT 1 B FEES FOR SERVICES 1. PARS will be compensated for performance of Services, as described in Exhibit IA based upon the following schedule: (A) A distribution fee equal to $20.00 per terminated Participant ("Distribution Fee"), which shall be deducted solely from the terminating Participant's account or paid by the Agency. Distribution Fee Payment Option (Please select one option below): ? Distribution Fee shall be paid solely from the terminating Participant's account. ? Distribution Fee shall be paid by the Agency. (B) An annual asset fee paid by the Agency or from Plan Assets based on the following schedule ("Asset Fee"): For Plan Assets from: Annual Rate: $0 to $2,500,000 1.50% $2,500,001 to $5,000,000 1.25% $5,000,001 to $10,000,000 1.00% $10,000,001 and above 0.75% Annual rates are prorated and paid monthly. The annual Asset Fee shall be calculated by the following formula [Annual Rate divided by 12 (months of the year) multiplied by the Plan asset balance at the end of the month within each asset range]. If the Asset Fee is taken from Plan Assets, the total Asset Fees due in a given month shall be allocated proportionately among Participants of the Agency's Plan in that month, based on account balance. Trustee and Investment Management Fees are not included. Annual Asset Fee Payment Option (Please select one option below): ? Annual Asset Fee shall be invoiced and paid by the Agency. ? Annual Asset Fee shall be paid from Plan Assets. (C) A fee equal to the out of pocket costs charged to PARS by an outside contractor for formatting contribution data on to a suitable magnetic media, charged only if the contribution data received by PARS from the Agency is not on readable magnetic media ("Data Processing Fee"). Page 8 55A-15