{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/965/20/#45-other-presentation-matters","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":"965","topic_title":"Plan Accounting—Health and Welfare Benefit Plans","subtopic":"965-20","subtopic_title":"Net Assets Available for Plan Benefits","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Statement of Net Assets Available for Benefits","paragraphs":[{"citation":"965-20-45-1","para":"45-1","html":"
The statement of net assets available for benefits of the plan shall present amounts for the following:
  1. a
    Total assets
  2. b
    Total liabilities
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2015-12. (Part I).
  4. d
    Net assets available for benefits.
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Paragraph superseded by Accounting Standards Update No. 2015-12. (Part I).
","snippet":"Paragraph superseded by Accounting Standards Update No. 2015-12. (Part I).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e37e208ff26f9817616f3fbe9808bc6de05ed54195edcb4d1f6115f496d9036d","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:968dc4f882975c7edd350a97608a33c4783a1a206419314b3e88bcf3d9a20593","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}},{"block":null,"heading":"Statement of Changes in Net Assets Available for Benefits","paragraphs":[{"citation":"965-20-45-3","para":"45-3","html":"
The statement of changes in net assets available for benefits shall be presented in enough detail to identify the significant changes during the year, including, as applicable, the following:
  1. a
    Contributions from employers, segregated between cash and noncash contributions
  2. b
    The nature of noncash contributions described either parenthetically or in a note
  3. c
    Contributions from participants, including those collected and remitted by the sponsor
  4. d
    Contributions from other identified sources (for example, state subsidies or federal grants)
  5. e
    The net appreciation or depreciation in fair value. 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.
  6. f
    Investment income, excluding the net appreciation or depreciation
  7. g
    Income taxes paid or payable, if applicable
  8. h
    Payments of claims, excluding payments made by an insurance entity pursuant to contracts that are excluded from plan assets
  9. i
    Payments of premiums to insurance entities to purchase contracts that are excluded from plan assets
  10. j
    Operating and administrative expenses
  11. k
    Other changes (such as transfers of assets to or from other plans), if significant.
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The list of minimum disclosures is not intended to define the degree of detail or the manner of presenting the information, and subclassifications or additional classifications may be useful.
","snippet":"The list of minimum disclosures is not intended to define the degree of detail or the manner of presenting the information, and subclassifications or additional classifications may be useful.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2156cc2b478e6f81e38af9eec2dbff81d87c4265f60ae6ae3abe58c72cfd717e","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}},{"citation":"965-20-45-5","para":"45-5","html":"
The statement of changes in net assets available for benefits shall be prepared on a basis that reflects income credited to participants in the plan and net appreciation or depreciation in the fair value of only those investment contracts that are not deemed to be fully benefit responsive.
","snippet":"The statement of changes in net assets available for benefits shall be prepared on a basis that reflects income credited to participants in the plan and net appreciation or depreciation in the fair value of only those in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c43ae09a9f8729b101036e03e88e0604978a84aa34ebabaa6e89b5916b731f5e","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0ea9d00ebd32a9f820a808667456a5fa8fcd6406363645480315407854d7f303","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4f7c13ff60e4598796aa58ed5c259c284eee684c8579c0aaf452199533c20c51","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4f7c13ff60e4598796aa58ed5c259c284eee684c8579c0aaf452199533c20c51","downloaded_from":"2026-09-10T02:24:54.976Z","last_downloaded_at":"2026-09-10T02:24:54.976Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480549","source_sha256":"d564002a91d75dff02324dd09c3d4fe810e7e3baca88d0dfb988b7d90a2fd0f4"}}