Description
We all face challenges navigating through the fair value disclosures. This session will provide background regarding the types of investment products most commonly held by employee benefit plans, how they are generally valued, required disclosures, and related Form 5500 reporting. Levels 1 and 2 investment products will be discussed, such as investments valued at net asset value as a practical expedient to estimate fair value (common or collective trusts and pooled separate accounts), along with sample disclosures. Attendees will be able to:
- Describe investments commonly held by employee benefit plans
- Demonstrate an understanding of investments valued at net asset value as a practical expedient to estimate fair value
- Create meaningful fair value disclosures
Speaker(s):
