Rendering

Component: (Network and Table)
Network
2314301 - Disclosure - Defined Benefit Plan (Tables)
(http://www.compasstrust.com/role/DefinedBenefitPlanTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001345126 (http://www.sec.gov/CIK)
Postemployment Benefits [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Postemployment Benefits [Abstract]
 
Summary of Foreign Plan's Funded Status and Recognized Amounts
The following table sets forth the plan’s funded status and amounts recognized in the Company’s consolidated balance sheets at December 31, 2016 and 2015 (in thousands):
 
December 31, 2016
 
December 31, 2015
Change in benefit obligation:
 
 
 
Benefit obligation, beginning of year
$
13,392

 
$
14,712

Service cost
409

 
578

Interest cost
130

 
167

Actuarial (gain)/loss
817

 
143

Employee contributions and transfer
—

 
(497
)
Plan amendment
315

 
(107
)
Benefits paid
(810
)
 
(1,579
)
Foreign currency translation
(449
)
 
(25
)
Benefit obligation
13,804

 
13,392

Change in plan assets:
 
 
 
Fair value of assets, beginning of period
$
10,897

 
$
11,408

Actual return on plan assets
122

 
310

Company contribution
390

 
427

Employee contributions and transfer
315

 
350

Benefits paid
(810
)
 
(1,579
)
Foreign currency translation
(365
)
 
(19
)
Fair value of assets
10,549

 
10,897

Funded status
$
(3,255
)
 
$
(2,495
)
  
Summary of Net Periodic Benefit Cost
Net periodic benefit cost consists of the following (in thousands):

 
Year ended December 31,
 
2016
 
2015
 
2014
Service cost
$
409

 
$
578

 
$
425

Interest cost
130

 
167

 
271

Expected return on plan assets
15

 
310

 
(468
)
Net periodic benefit cost
$
554

 
$
1,055

 
$
228

  
Summary of Assumptions Used to Determine the Benefit Obligations and Components of the Net Periodic Benefit Cost
Assumptions used to determine the benefit obligations and components of the net periodic benefit cost at December 31, 2016 and 2015:
 
December 31, 2016
 
December 31, 2015
Discount rate
0.65
%
 
1.00
%
Expected return on plan assets
1.40
%
 
1.40
%
Rate of compensation increase
1.00
%
 
1.00
%
  
Summary of Expected Foreign Plan Benefit Payments
The following presents the benefit payments which are expected to be paid for the plan in each year indicated (in thousands):

2017
$
676

2018
502

2019
873

2020
1,132

2021
645

Thereafter
3,140

 
$
6,968

  
Summary of Allocation of Assets in Swiss Life's Group Life Portfolio
The allocation of pension plan assets by category in Swiss Life’s group life portfolio is as follows at December 31, 2016:

Certificates of deposit and cash and cash equivalents
68
%
Fixed income bonds and securities
7
%
Private equity and hedge funds
1
%
Real estate
15
%
Equity and other investments
9
%
 
100
%