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APPENDIX A ANNUAL FUNDING NOTICE For insert name of pension plan Introductions notice includes important funding information about your pension plan (“the Plan “). This notice also provides a
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How to fill out funding target attainment percentage

01
To fill out funding target attainment percentage, follow these steps:
02
Determine your funding target: This is the amount of funding you are trying to raise through your initiatives or projects.
03
Calculate the achieved funding: This is the total amount of funding you have raised so far.
04
Divide the achieved funding by the funding target.
05
Multiply the result by 100 to get the funding target attainment percentage.
06
Fill out the funding target attainment percentage field with the calculated value.

Who needs funding target attainment percentage?

01
Funding target attainment percentage is needed by organizations or individuals that are seeking funding for their initiatives or projects.
02
It helps them track their progress towards achieving their funding goals.
03
Investors, donors, or stakeholders may also require this information to assess the performance and progress of a project or organization.
04
It allows them to make informed decisions and evaluate the viability of providing further funding or support.

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The funding target attainment percentage is a measure used to determine the financial health of a pension plan, indicating the ratio of the plan's assets to its funding target, which is the amount required to meet future obligations.
Pension plans that are subject to the Employee Retirement Income Security Act (ERISA) and are sponsored by private employers are required to file the funding target attainment percentage.
To fill out the funding target attainment percentage, you must calculate the total plan assets and compare them to the funding target, then report the result as a percentage.
The purpose of funding target attainment percentage is to assess the sufficiency of a pension plan's assets to cover its future liabilities and to ensure that it remains adequately funded.
Information that must be reported includes total plan assets, the funding target amount, and the resulting percentage of assets relative to the target.
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