The typical defined benefit pension plan probably did well in March, pension consultants report.

The analysts, at Towers Watson & Company, New York (NYSE:TW), say the firm’s investment portfolio benchmark for a hypothetical pension plan with 60% of assets invested in stocks and 40% in bonds and other fixed-income assets produced a 3.8% return in March , and has produced a return of about 43% over the past 12 months.

A pension liability growth factor indicator fell 0.3%, but that indicator has increased about 15% over the past 12 months.