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' r <br /> D . Funding Frequency : Daily <br /> E . Method of Funding : ACH <br /> IV. Administrative Fees : <br /> A. Administrative fees during the term of the Agreement : <br /> $64 . 00 per enrolled employee per month <br /> B . Administrative fees after the termination of the Agreement 15 % of <br /> claims paid . <br /> V. Late Payment Penalty <br /> A. A daily charge of . 00038 times the amount of overdue administrative <br /> fees . <br /> VI . Expected Enrollment <br /> A. The administrative fees and reserve requirement referenced above <br /> are based on an expected enrollment of: Single - 501 ; Family - <br /> 1004 . <br /> B . If the actual enrollment is materially different from this expected <br /> enrollment , the Administrator reserves the right to adjust the <br /> administrative fees and the reserve requirement as set forth in the <br /> Agreement . Actual administrative fees will be charged based on <br /> actual enrollment . <br /> 200009212rev.5142003 -2- <br />