Defined Contribution and Other Employee Plans

Company-Sponsored Defined Contribution Plans

We sponsor three defined contribution plans established pursuant to Section 401(k) of the Internal Revenue Code. Contributions are determined under various formulas, and we contributed to each of these plans in 2019. The employer matching contribution percentage for one of these plans was increased effective January 1, 2019. Costs related to such plans for each of the years ended June 30 were as follows:



	2019		2018		2017
Costs related to company-sponsored defined contribution plans	$	2,637	$	1,352	$	1,111

Multiemployer Plans

In the three years ended June 30, 2019, certain of our subsidiaries participated in multiemployer plans that provide pension benefits to retiree workers under collective bargaining contracts at such locations. These plans generally provide for retirement, death and/or termination benefits for eligible employees within the applicable collective bargaining contract, based on specific eligibility/participation requirements, vesting periods and benefit formulas. The risks of participating in these multiemployer plans are different from single-employer plans in the following aspects: (1) assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers, (2) if a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers and (3) if a participating employer chooses to stop participating in the multiemployer plan, it may be required to pay the plan an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

In 2017 the employees at our Bedford Heights, Ohio plant voted to ratify a new collective bargaining agreement. Among other terms, the new agreement provided for our complete withdrawal from the underfunded multiemployer Cleveland Bakers and Teamsters Pension Fund. As settlement of our portion of underfunded pension benefits of the multiemployer plan, we paid $17.0 million in 2017 for a full withdrawal from the plan.

Our participation in multiemployer pension plans for the three years ended June 30, 2019 is reflected in the following table. All information in the table is as of December 31 of the relevant year, except contributions which are based on our fiscal year, or except as otherwise noted. The EIN-PN column provides the Employer Identification Number (“EIN”) and the Plan Number (“PN”). The pension protection act zone status is based on information that we received from the plan. Among other factors, generally, plans in critical status (red zone) are less than 65 percent funded, plans in endangered or seriously endangered status (yellow zone or orange zone, respectively) are less than 80 percent funded, and plans at least 80 percent funded are said to be in the green zone. The FIP/RP status pending/implemented column indicates plans for which a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented by the trustees of each plan. Except as noted below regarding contributions to the Cleveland Bakers and Teamsters Pension Fund, there have been no significant changes that affect the comparability of 2019, 2018 or 2017 contributions.



		Pension Protection Act Zone Status			Fiscal Year Contributions ⁽¹⁾
Plan Name	EIN/PN	2018	2017	FIP/RP Status Pending / Implemented	2019		2018		2017		Surcharge Imposed	Expiration Date of Collective Bargaining Agreement
Cleveland Bakers and Teamsters Pension Fund ⁽²⁾	34-0904419-001	Red 12/31/17	Red 12/31/16	Yes, Implemented	$	—	$	—	$	2,098	No	n/a
Western Conference of Teamsters Pension Plan	91-6145047-001	Green 12/31/17	Green 12/31/16	No	388		356		409		No	12/15/2021
Total contributions to multiemployer plans					$	388	$	356	$	2,507


(1)	Contributions do not include payments related to multiemployer pension withdrawals/settlements.


(2)	As discussed above, we withdrew from this plan in 2017 and did not make any contributions in 2019 and 2018. Our 2017 contributions included amounts related to a new collective bargaining contract.

Our contributions to the Cleveland Bakers and Teamsters Pension Fund exceeded 5% of the total contributions to the plan in the plan year ended December 31, 2017.

Under these two multiemployer plans, we also contribute amounts for health and welfare benefits that are defined by each plan. These benefits are not vested. The contributions required by our participation in these plans for each of the years ended June 30 were as follows:



	2019		2018		2017
Multiemployer health and welfare plan contributions	$	3,189	$	3,167	$	3,570

We also began to make non-elective contributions for the union employees at our Bedford Heights, Ohio plant into a union-sponsored multiemployer 401(k) plan following our withdrawal from the underfunded Cleveland Bakers and Teamsters Pension Fund in 2017. Our contributions totaled $0.7 million, $0.7 million and $0.8 million in 2019, 2018 and 2017, respectively, including $0.6 million to initially fund this 401(k) plan in 2017.

Deferred Compensation Plan

We offer a deferred compensation plan for select employees who may elect to defer a certain percentage of annual compensation. We do not match any contributions. Each participant earns interest based upon the prime rate of interest, adjusted semi-annually, on their respective deferred compensation balance. Participants are paid out upon retirement or termination in accordance with their annual election.

The following table summarizes our liability for total deferred compensation and accrued interest at June 30:



	2019		2018
Liability for deferred compensation and accrued interest	$	4,740	$	4,611

Deferred compensation expense for each of the years ended June 30 was as follows:



	2019		2018		2017
Deferred compensation expense	$	239	$	210	$	170