XML 91 R29.htm IDEA: XBRL DOCUMENT v3.24.3
PENSION PLANS (Tables)
12 Months Ended
Jul. 27, 2024
Compensation Related Costs [Abstract]  
Schedule of Multiemployer Plans
The Company’s participation in these plans is outlined in the following tables.  The “EIN / Pension Plan Number” column provides the Employer Identification Number (“EIN”) and the three-digit pension plan number.  The most recent “Pension Protection Act Zone Status” available in 2023 and 2022 is for the plan’s year-end at December 31, 2023 and December 31, 2022, respectively, unless otherwise noted.  Among other factors, generally, plans in the red zone are less than 65 percent funded, plans in the yellow zone are between 65 and 80 percent funded and plans in the green zone 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. 
 
  Pension Protection Act Zone StatusFIP/RP Status
Pending
/ Implemented
Contributions for the
year ended (5)
 Expiration
 date of
Collective-
Bargaining
Agreement
 
Pension Fund
 
EIN / Pension Plan Number
20232022July 27,
2024
July 29,
2023
Surcharge
 Imposed (6)
Pension Plan of Local 464A (1)
22-6051600-001
GreenGreenN/A$903 $887 N/AAugust 2025
UFCW Local 1262 & Employers Pension Fund (2), (4)
22-6074414-001
RedRedImplemented2,656 2,671 NoOctober 2027
UFCW Regional Pension Plan (3), (4)
16-6062287-074
RedRedImplemented$1,330 $1,305 NoJune 2024
Total Contributions    $4,889 $4,863   
 
(1)The information for this fund was obtained from the Form 5500 filed for the plan’s year-end at December 31, 2023 and December 31, 2022.
(2)The information for this fund was obtained from the Form 5500 filed for the plan’s year-end at December 31, 2022 and December 31, 2021.
(3)The information for this fund was obtained from the Form 5500 filed for the plan’s year-end at September 30, 2023 and September 30, 2022.
(4)This plan has elected to utilize special amortization provisions provided under the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010.  There were no changes to the plan’s zone status as a result of this election.
(5)The Company’s contributions represent more than 5% of the total contributions received by each applicable pension fund for all periods presented.
(6)Under the Pension Protection Act, a surcharge may be imposed when employers make contributions under a collective bargaining agreement that is not in compliance with a rehabilitation plan.  As of July 27, 2024, the collective bargaining agreements under which the Company was making contributions were in compliance with rehabilitation plans adopted by each applicable pension fund.