{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/325/960/#50-disclosure","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"325","topic_title":"Investments—Other","subtopic":"325-960","subtopic_title":"Plan Accounting—Defined Benefit Pension Plans","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"325-960-50-1","para":"50-1","html":"
Disclosure of the plan's accounting policies shall include a description of valuation techniques and inputs used to measure the fair value of investments (as required by Section 820-10-50) and a description of the methods and significant assumptions used to measure the reported value of contracts with insurance entities. However, defined benefit pension plans are exempt from the requirements in paragraph 820-10-50-2B(a) to disaggregate assets by nature, characteristics, and risks. The disclosures of information by classes of assets required by Section 820-10-50 shall be provided by general type of plan assets consistent with paragraph 960-325-45-2.
","snippet":"Disclosure of the plan's accounting policies shall include a description of valuation techniques and inputs used to measure the fair value of investments (as required by Section 820-10-50) and a description of the method…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cbc2fb0417b5447a3dedf61fab9a3ce86931f944eb7dbafe562cf91e3525b69a","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-2","para":"50-2","html":"
Paragraph superseded by Accounting Standards Update No. 2015-12 (Part II).
","snippet":"Paragraph superseded by Accounting Standards Update No. 2015-12 (Part II).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6c81559ee36a2ad9ee7a1f120df352924e4462b8e3e4b09cd58e11783716f652","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-3","para":"50-3","html":"
The historical cost of plan investments presented at fair value is neither required nor proscribed.
","snippet":"The historical cost of plan investments presented at fair value is neither required nor proscribed.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d6692ad407ec0e3506a77297ea62557e148abd676ef4b3c7f665cb1a2339e160","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-4","para":"50-4","html":"
If applicable, a plan shall disclose the accounting policy election to measure investments and investment-related accounts using the month-end that is closest to the plan's fiscal year-end in accordance with paragraph 960-325-35-4 and the month-end measurement date.
","snippet":"If applicable, a plan shall disclose the accounting policy election to measure investments and investment-related accounts using the month-end that is closest to the plan's fiscal year-end in accordance with paragraph 96…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7267be1cace89edf92f3cbf5b13c11f765718fbbb9f976741223c5fd9b0d473","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-5","para":"50-5","html":"
If a plan measures investments and investment-related accounts in accordance with paragraph 960-325-35-4 and contributions, distributions, and/or significant events (such as a plan amendment, a merger, or a termination) occur between the month-end date used to measure investments and investment-related accounts and the plan's fiscal year-end, the plan shall disclose the amounts of those contributions, distributions, and/or significant events.
","snippet":"If a plan measures investments and investment-related accounts in accordance with paragraph 960-325-35-4 and contributions, distributions, and/or significant events (such as a plan amendment, a merger, or a termination) …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0ecc0c9b4e5a0379f03d59462fc9924f63cc48013afbb668c4fe03181e5976e0","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1e5cb4a92bcca7c6512c20bbf9a882be4e036399649e6a7e4142f16afb86cbd5","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"block":null,"heading":"Investments Measured Using the Net Asset Value per Share Practical Expedient","paragraphs":[{"citation":"325-960-50-6","para":"50-6","html":"
If an investment is measured using the net asset value per share (or its equivalent) practical expedient in paragraph 820-10-35-59 and that investment is in a fund that files U.S. Department of Labor Form 5500 as a direct filing entity, disclosure of that investment's significant investment strategy, as discussed in paragraph 820-10-50-6A(a), is not required.
","snippet":"If an investment is measured using the net asset value per share (or its equivalent) practical expedient in paragraph 820-10-35-59 and that investment is in a fund that files U.S. Department of Labor Form 5500 as a direc…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f957945bcf2e042d6803767b658e3785da94dba9471b0761919f2f1658d47007","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b054adccda245bb2faea72ea7e58c2bb412d9fe1e8fa9f6ab5006aa9acc179be","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"block":null,"heading":"Interests in Master Trusts","paragraphs":[{"citation":"325-960-50-7","para":"50-7","html":"
A plan shall disclose the following in the notes to financial statements for each period for which a statement of changes in net assets available for benefits is presented:
  1. a
    Net appreciation or depreciation in the fair value of investments of the master trust. Net appreciation or depreciation includes realized gains and losses on investments that were both purchased and sold during the period as well as unrealized appreciation or depreciation of the investments held at year-end.
  2. b
    Investment income (exclusive of (a)).
","snippet":"A plan shall disclose the following in the notes to financial statements for each period for which a statement of changes in net assets available for benefits is presented:\n(a) Net appreciation or depreciation in the fai…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1947d048ba8c78f97a61647b0b34bc8e662a51a5ceccbb0f584ac6dace1c771e","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-8","para":"50-8","html":"
A plan also shall include in the notes to financial statements both of the following:
  1. a
    Description of the basis used to allocate both of the following:
    1. 1
      Net assets
    2. 2
      Total investment income. See paragraph 960-325-50-7 for the components of total investment income.
  2. b
    For a plan with an undivided interest in the master trust (that is, when the plan has a proportionate, rather than a specific, interest in the master trust), its percentage interest in the master trust as of the date of each statement of net assets available for benefits presented.
","snippet":"A plan also shall include in the notes to financial statements both of the following:\n(a) Description of the basis used to allocate both of the following:\n(1) Net assets\n(2) Total investment income. See paragraph 960-325…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5a84d648a941b5b6cd601b686ae779ef399dd14d54a67efc4d81904da08eb38b","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-9","para":"50-9","html":"
In the notes to financial statements a plan shall include the investments of a master trust measured using fair value presented by general type of investment, such as the following, as of the date of each statement of net assets available for benefits presented:
  1. a
    Registered investment companies (for example, mutual funds)
  2. b
    Government securities
  3. c
    Common-collective trusts
  4. d
    Pooled separate accounts
  5. e
    Short-term securities
  6. f
    Corporate bonds
  7. g
    Common stocks
  8. h
    Mortgages
  9. i
    Real estate.
","snippet":"In the notes to financial statements a plan shall include the investments of a master trust measured using fair value presented by general type of investment, such as the following, as of the date of each statement of ne…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:08342bb3282d5053873ce98c05ad3ae33afc55605253809f33bf1015bc12c718","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-10","para":"50-10","html":"
A plan shall disclose the dollar amount of its interest in each general type of investment held by the master trust, consistent with the disclosure required by paragraph 960-325-50-9. See paragraph 962-325-55-18 for an example of this disclosure.
","snippet":"A plan shall disclose the dollar amount of its interest in each general type of investment held by the master trust, consistent with the disclosure required by paragraph 960-325-50-9. See paragraph 962-325-55-18 for an e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:931fc79bd5d590cd43bee30e7c01135e242a4af012082ac85702a5c77080f0d4","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},{"citation":"325-960-50-11","para":"50-11","html":"
A plan also shall disclose the master trust's other assets and liabilities and the dollar amount of the plan's interest in each of those other assets and liabilities. Examples of those balances include the following:
  1. a
    Amounts due from brokers for securities sold
  2. b
    Amounts due to brokers for securities purchased
  3. c
    Receivables relating to derivatives
  4. d
    Payables relating to derivatives
  5. e
    Accrued interest and dividends
  6. f
    Accrued expenses.
See paragraph 962-325-55-18 for an example of this disclosure.
","snippet":"A plan also shall disclose the master trust's other assets and liabilities and the dollar amount of the plan's interest in each of those other assets and liabilities. Examples of those balances include the following:\n(a)…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23b4b7e2e73cded88616be86c4d1863c02bbc85975314b3b33737cf346643ad0","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec0032f49d02e8e7ddd87241de69390522fb0af8ccc6a336b033bfaf3c446737","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b52a536f631e3b63ebb5e4169ad1802e98c72e0e69244eb112e8d8d722cd1bda","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b52a536f631e3b63ebb5e4169ad1802e98c72e0e69244eb112e8d8d722cd1bda","downloaded_from":"2026-09-09T23:48:07.122Z","last_downloaded_at":"2026-09-09T23:48:07.122Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478602","source_sha256":"5360a494443f3e29aa297f1cc6f26c1885fe0ed66a406aeaf7aa56107f813bc5"}}