Valuation of Plan Assets

[Guest kredlin]

I am trying to determine when a plan's assets must be valued. I am working with a client that recently went from publicly traded to privately owned and am trying to determine all the situations when the value of its assets is relevant. Does anybody have a compiled list of situations where a plan's assets must be valued?

[david rigby]

What kind of plan?

What are you doing with the valued assets?

[Guest kredlin]

We're really not doing anything with the plan. I'm simply trying to find out when we will need to have the plan assets valued. I am also interested in pension, welfare, deferred comp. plans as this is a pretty large employer with a lot of plans involved.

[david rigby]

Probably the terms of the plan will already describe when you need to know the value of assets. For example, if a profit-sharing plan permits payments to terminated employees four times per year, then you need to know the assets on a quarterly basis. Almost all plans need to have type of accounting at least annually.

The fact that the plan sponsor has undergone a structural change does not necessarily have a direct impact on the plan.