Meder Inc. has a defined benefit pension plan. The following information is provided from the actuaries...

 

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Meder Inc. has a defined benefit pension plan. The following information is provided from the actuaries and plan trustees regarding pension transactions for the year ending 12/31/2016. Amounts in thousands Projected Benefit Obligation $ 1,400 Beginning Balance, unadjusted Prior Service Cost Service Cost Discount rate A. $ 337,300 B. $ 345,000 C. $ 120,000 140 350 D. $ 490,000 E. $ 282,300 5% Pension Plan Assets Beginning Balance Actual return Contributions from Meder Inc. Expected Return $ 1,100 154 54 Additionally, we are informed that the $140,000 prior service cost came from an adjustment in the pension plan that was put into effect in 2016. For 2016, the Net Pension Loss had a beginning balance of $200,000. The Trustee also reports that pension payments totally $120,000 were made during 2016 and that the estimated remaining service time for employees in the pension plan is 20 years. 9% Meder Inc. has a defined benefit pension plan. The following information is provided from the actuaries and plan trustees regarding pension transactions for the year ending 12/31/2016. Amounts in thousands Projected Benefit Obligation $ 1,400 Beginning Balance, unadjusted Prior Service Cost Service Cost Discount rate A. $ 337,300 B. $ 345,000 C. $ 120,000 140 350 D. $ 490,000 E. $ 282,300 5% Pension Plan Assets Beginning Balance Actual return Contributions from Meder Inc. Expected Return $ 1,100 154 54 Additionally, we are informed that the $140,000 prior service cost came from an adjustment in the pension plan that was put into effect in 2016. For 2016, the Net Pension Loss had a beginning balance of $200,000. The Trustee also reports that pension payments totally $120,000 were made during 2016 and that the estimated remaining service time for employees in the pension plan is 20 years. 9%

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