A.33 ASC 962, Plan Accounting — Defined Contribution Pension Plans

50-1 The fair value disclosures prescribed in paragraphs 825-10-50-10 through 50-16 are not required for participant loans.

45-5 Investments measured using fair value in the statement of net assets available for benefits or in the notes shall be presented by general type, such as the following:

For the presentation of fully benefit-responsive investment contracts, which are measured at contract value, see paragraphs 962-325-35-5A and 962-325-50-3.

45-6 The presentation shall indicate whether the fair values of the investments have been measured by quoted market prices in an active market or were determined otherwise.

50-1 Disclosure of a defined contribution plan’s accounting policies shall include a description of the valuation techniques and inputs used to measure the fair value less costs to sell, if significant, of investments (as required by Section 820-10-50) and a description of the methods and significant assumptions used to measure the reported value of insurance contracts (if any). . . .

50-7 A plan shall disclose the following in the notes to financial statements for each period for which a statement of changes in net assets available for benefits is presented:

1. Net appreciation or depreciation in the fair value of investments of the master trust. Net appreciation or depreciation includes realized gains and losses on investments that were both purchased and sold during the period as well as unrealized appreciation or depreciation of the investments held at year-end.
2. Investment income (exclusive of (a)).

50-8A In the notes to financial statements a plan shall include the investments of a master trust measured using fair value presented by general type of investment, such as the following, as of the date of each statement of net assets available for benefits presented:

1. Registered investment companies (for example, mutual funds)
2. Government securities
3. Common-collective trusts
4. Pooled separate accounts
5. Short-term securities
6. Corporate bonds
7. Common stocks
8. Mortgages
9. Real estate
10. Self-directed brokerage accounts (that is, an investment option that allows participants to select investments outside the plan’s core options).

For the presentation of fully benefit-responsive investment contracts, which are measured at contract value, see paragraphs 962-325-35-5A and 962-325-50-3.

50-9 If an investment is measured using the net asset value per share (or its equivalent) practical expedient in paragraph 820-10-35-59 and that investment is in a fund that files U.S. Department of Labor Form 5500 as a direct filing entity, disclosure of that investment’s significant investment strategy, as discussed in paragraph 820-10-50-6A(a), is not required.