Bank of America 2010 Annual Report Download - page 220

calendar year. Some of the building blocks used to arrive at the long-term
return assumption include an implied return from equity securities of 8.75 per-
cent, debt securities of 5.75 percent and real estate of 7.00 percent for the
Qualified Pension Plans, the Non-U.S. Pension Plans, the Other Pension Plan,
and Postretirement Health and Life Plans. The terminated U.S. pension plan is
solely invested in a group annuity contract which primarily invested in fixed-
income securities structured such that asset maturities match the duration of
the plan’s obligations.
The target allocations for 2011 by asset category for the Qualified Pension
Plans, Non-U.S. Pension Plans, Nonqualified and Other Pension Plans, and
Postretirement Health and Life Plans are presented in the following table.
Asset Category
Qualified
Pension Plans
Non-U.S.
Pension Plans
Nonqualified
and Other
Pension Plans
Postretirement
Health and Life
Plans
2011 Target Allocation
Equity securities 60 – 80% 25 – 75% 0 – 5% 50 – 75%
Debt securities 20 – 40 10 – 60 95 – 100 25 – 45
Real estate 0–5 0–15 0–5 0–5
Other 0–10 5–40 0–5 0–5
Equity securities for the Qualified Pension Plans include common stock of the Corporation in the amounts of $189 million (1.21 percent of total plan assets)
and $224 million (1.54 percent of total plan assets) at December 31, 2010 and 2009.
218 Bank of America 2010