question archive The following balances relate to the defined benefit pension plan of Todd Industries
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The following balances relate to the defined benefit pension plan of Todd Industries.
|
Dec. 31, 2005 |
Dec. 31, 2006 |
Fair value of plan assets ........... |
$414,000 |
$517,500 |
Market-related value of plan assets . |
370,800 |
471,000 |
Projected benefit obligation ........ |
487,500 |
611,400 |
Accumulated benefit obligation ...... |
442,500 |
555,000 |
Prepaid/(accrued) pension cost ...... |
(18,300) |
11,100 |
Unrecognized prior service cost ..... |
34,500 |
27,900 |
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