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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Employee Benefit Plans [Abstract]  
Multiemployer Pension Plan

The Company’s participation in multiemployer pension plans is summarized as follows:



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

EIN/Pension Plan

 

Pension Protection Act Zone Status (a)

 

 

 

Company Contributions

 

Expiration Date of

Plan Name

 

Number/ Registration Number

 

2018

 

2017

 

FIP/RP Status (a),(b)

 

 

2018

 

 

2017

 

 

2016

 

Collective Bargaining Agreement

Western Conference of Teamsters Pension Trust

 

91-6145047 - 001

 

Green

 

Green

 

Not applicable

 

$

4,399 

 

$

4,191 

 

$

3,420 

 

12/31/2018 to 9/30/2021

Locals 302 & 612 of the IOUE - Employers Construction Industry Retirement Plan

 

91-6028571 - 001

 

Green

 

Green

 

Not applicable

 

 

284 

 

 

275 

 

 

252 

 

9/30/2019

International Union of Operating Engineers Pension Trust

 

85512-1

 

Green

as of 4/30/2017

 

Green 

as of 9/30/2015

 

Not applicable

 

 

224 

 

 

219 

 

 

120 

 

3/31/2020 to 3/31/2021

Multi-Sector Pension Plan

 

1085653 

 

Green

 

Green

 

Not applicable

 

 

191 

 

 

228 

 

 

112 

 

12/31/2018

Local 813 Pension Trust Fund

 

13-1975659 - 001

 

Critical

 

Critical

 

Implemented

 

 

165 

 

 

158 

 

 

86 

 

11/30/2019

Midwest Operating Engineers Pension Plan

 

36-6140097 - 001

 

Yellow for the plan year ended 3/31/17

 

Yellow 

as of 4/1/2016

 

Implemented

 

 

289 

 

 

207 

 

 

11 

 

10/31/2020

Suburban Teamsters of Northern Illinois Pension Fund

 

36-6155778 - 001

 

Yellow

 

Yellow

 

Implemented

 

 

1,569 

 

 

877 

 

 

-

 

1/31/2019 to 2/28/2019

Teamster Local 301 Pension Fund

 

36-6492992 - 001

 

Green

 

Green

 

Not applicable

 

 

581 

 

 

489 

 

 

-

 

9/30/2018

Automobile Mechanics’ Local No. 701 Union and Industry Pension Fund

 

36-6042061 - 001

 

Yellow

 

Yellow

 

Implemented

 

 

484 

 

 

837 

 

 

-

 

12/31/2018

IAM National Pension Fund

 

51-6031295 - 002

 

Green

 

Green

 

Not applicable

 

 

240 

 

 

215 

 

 

-

 

12/31/2018

Local 731, I.B. of T., Private Scavengers and Garage Attendants Pension Trust Fund

 

36-6513567 - 001

 

Green as of 10/1/2016

 

Green as of 10/1/2015

 

Not applicable

 

 

4,600 

 

 

4,342 

 

 

-

 

9/30/2018



 

 

 

 

 

 

 

 

 

$

13,026 

 

$

12,038 

 

$

4,001 

 

 



______________________

(a)

Unless otherwise noted in the table above, the most recent Pension Protection Act zone status available in 2018 and 2017 is for the plans’ years ended December 31, 2017 and 2016, respectively. 

(b)

The “FIP/RP Status” column indicates plans for which a Funding Improvement Plan (“FIP”) or a Rehabilitation Plan (“RP”) has been implemented.

(c)

A multiemployer defined benefit pension plan that has been certified as endangered, seriously endangered or critical may begin to levy a statutory surcharge on contribution rates.  Once authorized, the surcharge is at the rate of 5% for the first 12 months and 10% for any periods thereafter, until certain conditions are met. The Company was not required to pay a surcharge to these plans during the years ended December 31, 2018 and 2017.