Fair value reporting for investment contracts with insurance companies

[Dave Baker]

[Reposted by Dave Baker as a separate topic, for "ak"]

The DOL's discussion on the new forms just issued speaks about "fair value vs. current value" reporting for insurance contracts on the, e.g., Sch. A. It says that fair value does not apply for investment contracts with insurance companies which are, in part, "fully benefit responsive" contracts held by defined contribution plans with assets of $100 million or less. Question: Where did they get the $100 million dollar threshhold? I don't know of any such limit in SOP 94-4 and am not aware of any such amendment to the SOP. Does anyone know the answer.