Accrued benefits in a defined contribution plan encompass amounts which have been allocated and amounts which have not been allocated to members of the plan.

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Accrued benefits in a defined contribution plan include all amounts that have been allocated as well as amounts that have not yet been allocated to plan members. This differs from a defined benefit plan, where accrued benefits refer to a specific promised benefit to each member.

Accrued Benefits in a Defined Contribution Plan Encompass Amounts Which