In this example, assume a participating plan has 4 policies A, B, C, D effective in three different years.

PolicyPolicy Effective YearActual non-guaranteed benefitsIllustrated non-guaranteed benefits at the point of sale
A201995100
B2018275250
C2018190200
D2017150135

Fulfillment ratio for this participating plan would be as follows.

Fulfillment ratio for reporting year 2023
Policy Year (Policy effective in)
1-3
(2022-2020)		4
(2019)		5
(2018)		6
(2017)
N/A(1)*95%
= 95/100
(Policy A)		103%
= (275 + 190)/(250 + 200)
(Policy B&C)		111%
= 150/135
(Policy D)

*N/A(1): the products were closed to sale.