Snapple 2011 Annual Report Download - page 112

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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
92
Individually Significant Multi-employer Plans
The Company participates in the following individually significant multi-employer plans as of December 31, 2011:
Legal name of the plan
Plan's Employee Identification Number
Plan Number
Expiration dates of the collective bargain agreement(2) (3)
FIP/RP Status Pending/Implemented(1)
PPA zone status as of December 31, 2011
PPA zone status as of December 31, 2010
Surcharge imposed
Soft Drink Industry Local
Union 710 Pension Fund
("Local 710")
36-6051352
001
April 30, 2013 - April 30, 2014
Yes
Red
Red
Yes
Central States, Southeast and
Southwest Areas Pension Fund
("Central States")
36-6044243
001
October 31, 2012 - June 21, 2015
Yes
Red
Red
Yes
____________________________
(1) FIP/RP Status Pending/Implemented indicate those plans for which a financial improvement plan ("FIP") or a rehabilitation
plan ("RP") is either pending or implemented.
(2) One collective bargaining agreement applies to the Local 710, of which approximately 58% of the employees are covered by
the largest collective bargaining agreement which is set to expire April 30, 2014.
(3) One collective bargaining agreement applies to the Central States, of which approximately 44% of the employees are covered
by the largest collective bargaining agreement which is set to expire June 21, 2015. Approximately 68% of the employees are
covered by three collective bargaining agreements set to expire during 2015.
The most recent Pension Protection Act ("PPA") zone status available as of December 31, 2011 and 2010 is for the plan's year-
end as of December 31, 2010 and 2009. Neither plan has utilized any extended amortization provisions that affect the calculation
of the zone status.
The Company's contributions to the Local 710 exceeded 5% of the total contributions made to the Local 710. The Company's
contributions to Central States did not exceed 5% of the total contributions made to Central States.
Future estimated contributions for Local 710 and Central States based on the number of covered employees and the terms of
the collective bargaining agreements are as follows (in millions):
2012
2013
2014
2015
$ 3
3
2
1
Defined Contribution Plans
The Company sponsors the SIP, which is a qualified 401(k) Retirement Plan that covers substantially all U.S.-based employees
who meet certain eligibility requirements. This plan permits both pre-tax and after-tax contributions, which are subject to limitations
imposed by Internal Revenue Code (the "Code") regulations. The Company matches employees' contributions up to specified
levels.
The Company also sponsors a supplemental savings plan (the "SSP"), which is a non-qualified defined contribution plan for
employees who are actively enrolled in the SIP and whose after-tax contributions under the SIP are limited by the Code compensation
limitations.