Gingrich Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2020 $2,400,000 Fair value of pension plan assets, December 31, 2020 2,725,000 Contributions to the plan in 2020 280,000 Benefits paid retirees in 2020 350,000 Instructions From the data above, compute the actual return on the plan assets for 2020.

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.