Table:
|  | Fiscal year-end |  |
| --- | --- | --- |
|  | 2019 | 2018 |
| Projected benefit obligation | $60,437 | $51,499 |
| Accumulated benefit obligation | 55,941 | 47,713 |
| Fair value of plan assets | 12,997 | 12,486 |
Paragraphs:
14. DEFINED BENEFIT PLANS (Continued)
The information for plans with an accumulated benefit obligation in excess of plan assets is as follows (in thousands):
Question:
What was the percentage change in Fair value of plan assets from 2018 to 2019?
Answer: (12997-12486)/12486 = 4.09