The fair value of DB Plan and OPEB Plan assets by levels within the fair value hierarchy used
as of December 31, 2017 was as follows:
(in thousands) Fair Value Level 1 Level 2 Level 3
DB Plan:
Guaranteed Interest Accounts $ 3,215 $ - $ - $ 3,215
Total Assets in the Fair Value Hierarchy 3,215 - - 3,215
Investments measured at net asset value” 14,551 - - -
DB Plan Investments, at Fair Value 17,766 - - 3,215
OPEB Plans:
Common stocks 310 310 - -
Mutual funds 11} lil - -
Fixed income funds 180 180 - -
Money market funds Ul - ll -
Total Assets in the Fair Value Hierarchy 612 601 Il -
Investments measured at net asset value” - - - -
OPEB Plans Investments, at Fair Value 612 601 it -
Totals $ 18,378 $ 601 $ {1 $ 3,215
(a) In accordance with Subtopic 820-10, certain investments that were measured at fair value using the net asset value per share (or its equivalent) practical
expedient have not been classified in the fair value hicrarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair
value hierarchy to the amounts presented in the statements of assets available for benefits of the Plans
Level 1: Based on quoted prices In active markets for identical assets.
Level 2: Based on significant observable inputs.
Level 3: Based on significant unobservable inputs.
The following table summarizes investments at fair value based on NAV per share as of
December 31, 2018 and 2017, respectively:
(in thousands) Fair Value
December 31, 2018
Pooled Separate Accounts:
Equities $ 10,257
Fixed Income 2,677
Total Pooled Separate Accounts $ 12,934
December 31, 2017
Pooled Separate Accounts:
Equities $ 11,117
Fixed Income 3,434
Total Pooled Separate Accounts $ 14,551
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