Financial review - DC

02 September 2021

Summary account for the year ended 31 March 2021 (DC Sections only):

Paid in

£000s

Company contributions

5,544

Employee contributions5,861

Transfers in

335

Other income

-

Total paid in

11,740

Paid out

£000s

Benefits paid or payable

(1,095)

Payment to and on account of leavers

(4,970)

Administration expenses

(126)

Total paid out

(6,191)

Net additions/(withdrawals) from dealings with members

5.549

Returns on investments

£000s

Investment income

-

Change in market value of investments

25,089

Net returns on investments

25,089

Net increase in the Fund during the year

30,638

Transfers between sections

2,720

Net assets of the Plan as at 1 April 2020

104,443

Net assets of the Plan at 31 March 2021

137,801

Membership statistics for the DC Section:

Active members

Deferred members

Pensioner members

Total

Members at 1 April 2020

1,626

2,613

-

4,239

Members at 31 March 2021

1,439

2,889

-

4,328

Please note that due to reporting deadline, opening figures have been adjusted when compared to previous years.

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