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  3. ($ in thousands) 2024 beginning balances 2024

($ in thousands) 2024 Beginning Balances 2024 Ending Balances ...

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Accounting

($ in thousands)
2024 Beginning Balances 2024 Ending Balances
PBO 2,400 2,601
Plan Assets 2,500 2,701
Funded Status 100 100
Prior Service Cost - AOCI 336 308
Net Gain - AOCI 335 304

The funded status of Company X defined benefit pension plan and the balances in prior service cost and the net gainpensions, are given above.

Retirees were paid $269,000, and the employer contribution to the pension fund was $246,000 at the end of 2024. The expected rate of return on plan assets was 10%, and the actuarys discount rate is 8%. There were no changes in actuarial estimates and assumptions regarding the PBO.

  1. What is the actual return on plan assets of 2024?
  2. what is the gain or loss on plan assets of 2024?
  3. What is the service cost of 2024?
  4. What is the pension expense of 2024?
  5. What is the average remaining service life of active employees for 2024?

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