Albertsons 2016 Annual Report Download - page 95

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93
The Company’s participation in these plans is outlined in the table below. The EIN-Pension Plan Number column provides the
Employer Identification Number (“EIN”) and the three-digit plan number, if applicable. Unless otherwise noted, the most
recent Pension Protection Act (“PPA”) zone status available in 2016 and 2015 relates to the plans’ two most recent fiscal year-
ends. The zone status is based on information that the Company received from the plan and is certified by each plan’s actuary.
Among other factors, red zone status plans are generally less than 65 percent funded and are considered in critical status, plans
in yellow zone status are less than 80 percent funded and are considered in endangered or seriously endangered status, and
green zone plans are at least 80 percent funded. 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.
Certain plans have been aggregated in the All Other Multiemployer Pension Plans line in the following table, as the
contributions to each of these plans are not individually material. None of the Company’s collective bargaining agreements
require that a minimum contribution be made to these plans. Multiemployer pension plan contributions and participants were
generally comparable for fiscal 2016, 2015 and 2014.
At the date the financial statements were issued, Forms 5500 were generally not available for the plan years ending in 2015.
The following table contains information about the Company’s multiemployer plans:
EIN—
Pension
Plan
Number
Plan
Month/
Day
End Date
Pension
Protection Act
Zone Status
FIP/RP
Status
Pending/
Implemented
Contributions Surcharges
Imposed(1) Amortization
ProvisionsPension Fund 2016 2015 2016 2015 2014
Minneapolis Food
Distributing
Industry Pension
Plan 416047047
-001 12/31 Green Green Implemented $ 10 $ 10 $ 9 No Yes
Central States,
Southeast and
Southwest Areas
Pension Fund 366044243
-001 12/31 Red Red Implemented 8 8 8 No No
Minneapolis Retail
Meat Cutters and
Food Handlers
Pension Fund 410905139
-001 2/28 Green Yellow Implemented 9 7 8 No No
UFCW Unions and
Participating
Employers Pension
Fund 526117495
-002 12/31 Red Red Implemented 5 4 4 Yes No
Western Conference
of Teamsters
Pension Plan 916145047
-001 12/31 Green Green No 4 4 3 No No
UFCW Union Local
655 Food
Employers Joint
Pension Plan 436058365
-001 12/31 Green Green No 2 2 2 No No
UFCW Unions and
Employers Pension
Plan 396069053
-001 10/31 Red Red Implemented 2 1 2 Yes No
All Other
Multiemployer
Pension Plans(2) 333
Total $ 43 $ 39 $ 39
(1) PPA surcharges are 5 percent or 10 percent of eligible contributions and may not apply to all collective bargaining agreements or total contributions to
each plan.
(2) All Other Multiemployer Pension Plans includes 11 plans, none of which is individually significant when considering the Company's contributions to
the plan, severity of the underfunded status or other factors.