The required disclosure for a defined contribution plan includes which of the following?
A)Contributions for the past five years
B)The number of employees enrolled in the plan
C)Contributions for the current period
D)Any unfunded pension liability

Question

Quizplus · Accepted Answer

The required disclosure for a defined contribution plan includes contributions for the current period. Contributions for the past five years and the number of employees enrolled in the plan are not specifically required to be disclosed for a defined contribution plan. Any unfunded pension liability is a disclosure required for defined benefit plans, not defined contribution plans.

The Required Disclosure for a Defined Contribution Plan Includes Which