TPSC Fees and Costs — Timothy Plan US Small Cap Core ETF
Data updated: 2026-08-26
The net expense ratio is 0.52%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $46K in broker commissions, 0.0217% of average net assets, and portfolio turnover was 47%.
TPSC Fees and Expenses
Annual operating expenses and sales charges of TPSC. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TPSC Costs Over Time
On $10,000 invested in TPSC, assuming 5% a year before costs, total costs come to $342 over 5 years, cutting the return by 0.57% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $342 |
| Value after costs | $10,443 | $11,389 | $12,421 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
TPSC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0217%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): $217.3M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
TPSC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $45K | 96.64% |
| RBC Capital Markets, LLC | $515 | 1.11% |
| Goldman Sachs & Co. LLC | $429 | 0.93% |
| UBS Securities LLC | $206 | 0.44% |
| Citigroup Global Markets Inc. | $198 | 0.43% |
| Jefferies LLC | $192 | 0.41% |
| Citadel Securities LLC | $10 | 0.02% |
| HSBC Securities (USA) Inc. | $4 | 0.01% |
| BofA Securities, Inc. | $4 | 0.01% |
| J.P. Morgan Securities LLC | $1 | 0.00% |
TPSC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $189.4M | 87.12% |
| Virtu Americas LLC | $25.5M | 11.72% |
| J.P. Morgan Securities LLC | $2.1M | 0.96% |
| Goldman Sachs & Co. LLC | $440K | 0.20% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.