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BP » Topics » Administrative Expenses

These excerpts taken from the BP 11-K filed Jun 23, 2009.

Administrative Expenses

All reasonable and necessary administrative expenses are paid out of the Master Trust or paid by the Company. Generally, fees and expenses related to investment management of each investment option are paid out of the respective funds. As a result, the returns on those investments are net of the fees and expenses of the managers of those investment options and certain other brokerage commissions, fees and expenses incurred in connection with those investment options.

Administrative Expenses



All reasonable and necessary administrative expenses are paid out of the Master Trust or paid by the Company. Generally, fees and expenses related to investment management of each investment option are paid out of the respective funds. As a result, the returns on those investments are net of the fees and expenses of the managers of those investment options and certain other brokerage commissions, fees and
expenses incurred in connection with those investment options.



EXCERPTS ON THIS PAGE:

11-K (2 sections)
Jun 23, 2009

RELATED TOPICS for BP:

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