State Administrative Fee definition
Examples of State Administrative Fee in a sentence
NOTE: The State Administrative Fee shall only be assessed on the Contractor’s Management Fee (not the hourly rate).
Interest in excess of 0.10% will be paid to the Plan as the State Administrative Fee, up to 0.29%.
Interest in excess of 0.10% will be paid to the Plan as the State Administrative Fee, up to 0.55%.
Payment of the State Administrative Fee, City’s Administrative Service Fee and City Expenses.
At the Portfolio level, a Participant will be subject to Asset-Based Fees consisting of the State Administrative Fee, Plan Management Fee, Underlying Fund Expenses and the Distribution and Marketing Fee (Advisor Class only).
The Plan Manager and the Board have agreed to voluntarily waive the Program Management Fee and the State Administrative Fee, respectively (but, in each case, not below zero) to the extent necessary to assist the Bank Savings Account Option in attempting to maintain at least a 0.00% return before monthly fees and transaction fees are deducted.
State Administrative Fee A fee charged by the board and used to administer the program, including, but not limited to, the cost of an independent certified public accounting firm to perform an annual ▇▇▇▇▇- cial audit, investment consultant fees, and outside legal counsel as necessary.
The State Administrative Fee will be deducted by the State prior to distribution of the CID Sales Tax revenues to the City.
If applicable, the Contractor must include the administrative fee in Section 2.22.2, State Administrative Fee, in its proposed prices.
In addition, the program imposes a Program Management Fee and State Administrative Fee as shown in the chart below.