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A company provides the following information related to its defined benefit pension plan for 2021: Beginning Plan Assets balance (January 1). Ending Plan Assets balance

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A company provides the following information related to its defined benefit pension plan for 2021: Beginning Plan Assets balance (January 1). Ending Plan Assets balance (December 31) Actual return on plan assets Expected return on plan assets Benefits paid to retirees Employer contributions 777 $595,235 $44,635 $53,110 $82,600 $68,200 Determine the actual rate of return on plan assets for 2021. Click to select 7.90% 9.25% 6.82% 22.84% 7.14%

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