Assets (other than non-transferable financial instruments issued by the reporting entity) that:

1. are held by an entity (a fund) that is legally separate from the reporting entity and exists solely to pay or fund employee benefits; and
2. are available to be used only to pay or fund employee benefits, are not available to the reporting entity’s own creditors (even in bankruptcy), and cannot be returned to the reporting entity, unless either:
   1. the remaining assets of the fund are sufficient to meet all the related

employee benefit obligations of the plan or the reporting entity; or

1. 2. the assets are returned to the reporting entity to reimburse it for employee benefits already paid.