I would like to welcome you to the Slavic Managed IRA platform. For many years we have envisioned providing participants an IRA choice similar to what has been available in our 401k plans: the Slavic Aggressive, Moderate or Conservative managed portfolios. These portfolios have provided thousands of active participants the appropriate allocations for their 401k investments. We can now provide the same asset allocation approach in the IRA context, using low-cost and no-load mutual funds in the managed accounts. Whether you are changing jobs and are looking to rollover your 401k account balance to an IRA or you have 401k and/or IRA balances elsewhere, you may want to consider our managed IRA approach. Here are some of the key distinctive elements of the platform:

1. Managed Investments. The platform is simple; it only has four managed investment choices: Aggressive, Moderate, Conservative and Ultra-conservative. We utilize modern portfolio theory in the fund selection and asset allocation process. We look to control risk followed by return in the investment process. There is a flat management fee of .6% for each of the portfolios (This includes all custodian fees from the platform custodian, Mid-Atlantic Trust.) There are no self-directed options available.
2. Low-Cost Mutual Funds. The mutual funds comprising the portfolios are strictly no-load and low cost funds. Slavic receives no revenue from the mutual funds, only from the management fee described above. The average cost of the internal expenses for the funds averages .22%. This fee combined with the management fee is .82%, less than the average cost of most mutual funds without the benefit of management.
3. Internet-based Communications. All IRA statements, mutual fund prospectuses, applications and IRA Portal are available via a secured link. Monthly IRA account balance and market commentary are delivered via email. No communications will take place through regular mail, so you must have an email address to open an account.
4. Minimum Investment. The minimum investment is only $5,000 for the IRA account. If your 401k rollover is less than this minimum, perhaps you can reach the required balance by combining other IRA or 401k account balances.

Managing for your financial future is one of the most important responsibilities you have. It is essential to consider many factors for the suitability of your investments, some of which are length of time to retirement, cost, risk, your overall financial profile and what should be your investment objective. These factors need to be carefully considered with your IRA investment selection and approach. The following pages will help guide you through the account opening process, or you can speak with a customer service representative to personally walk you through the process. It may be that this is not the right place for you. If so, we will help guide you to other choices.

I want to thank you for the trust you have placed in us for your 401k account. We look forward to serving you in managing your IRA investments as well.

John Slavic