Froogle | ASOP 4 | Section 3.22

ASOP 4 | §3.22 | GAIN AND LOSS ANALYSIS

When performing a funding valuation, the actuary should perform a gain and loss analysis for the period between the prior measurement date and the current measurement date, unless in the actuary’s professional judgment, successive gain and loss analyses would not be appropriate for assessing the reasonableness of the assumptions. For example, successive gain and loss analyses may not provide useful information about the reasonableness of the assumptions for a small plan in which a single individual accounts for most of the actuarial accrued liability. If a gain and loss analysis is performed, the actuary should at least separate the total gain or loss into investment gain or loss and other gain or loss.

ASOP 4 | Commentary Section 3.22 | COMMENT ON SECTION 3.22

Section 3.22, Gain and Loss Analysis
Comment	Response
In section 3.22, one commentator suggested replacing “single individual” with “limited group of individuals” to provide a more meaningful example.	The reviewers believe the guidance is appropriate and made no change in response to this comment.

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ASOP 4 | §3.22 | GAIN AND LOSS ANALYSIS

ASOP 4 | Commentary Section 3.22 | COMMENT ON SECTION 3.22

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