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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Actuarial Information
Actuarial information regarding these plans is as follows:
2025
National
Service-Related Pension Plan (NSRPP)
Other
Post-Retirement Benefits (OPRB)
SuperannuationAustria PlansTotal
Change in benefit obligation:
Benefit obligation – January 1, 2025
$(23,352)$(474)$(1,614)$(2,090)(27,530)
Service cost
— — (65)(88)(153)
Interest cost
(1,236)(20)(90)(64)(1,410)
Actuarial (loss) gain
(144)(97)(20)(254)
Benefits paid
1,376 — 582 130 2,088 
Plan participants’ contributions
— — (16)— (16)
Foreign currency translation gain
— — (136)(286)(422)
Benefit obligation – end of year
$(23,356)$(487)$(1,436)$(2,418)$(27,697)
Change in plan assets:
Fair value of plan assets – January 1, 2025
$24,399 $— $1,663 $1,107 $27,169 
Actual return on plan assets
1,666 — 29 1,700 
Employer contributions
— — 24 123 147 
Benefits paid
(1,376)— (562)(94)(2,032)
Plan participants’ contributions
— — 16 — 16 
Foreign currency translation loss
— — 112 149 261 
Fair value of plan assets – end of year
24,689 — 1,282 1,290 27,261 
Funded status
$1,333 $(487)$(154)$(1,128)$(436)
Amounts recognized on the consolidated balance sheet as of December 31, 2025:
Pension and post-retirement asset (liability)
$1,333 $(487)$(154)$(1,128)$(436)
Accumulated other comprehensive (income) loss
(1,205)(73)273 23 (982)
Amounts in accumulated other comprehensive (income) loss consist of:
Net (gain) loss
$(1,205)$(73)$273 $23 $(982)
Other changes in plan assets and benefit obligations recognized in other comprehensive (income) loss:
Net (gain) loss
$(362)$(7)$200 $(4)$(173)
Amortization of net gain
187 — 198 
Amount recognized due to special event
— — (37)— (37)
Foreign currency translation loss
— — — 
Effect of tax45  (49)— (4)
Total recognized in other comprehensive (income) loss
$(130)$ $118 $ $(12)
Information for plans with accumulated benefit obligation in excess of plan assets:
Projected benefit obligation
 N/A $487 $1,436 $2,418 $4,341 
Accumulated benefit obligation
 N/A $487 $1,349 $2,155 $3,991 
Fair value of plan assets
 N/A $— $1,282 $1,290 $2,572 
2024
National
Service-Related Pension Plan (NSRPP)
Other
Post-Retirement Benefits (OPRB)
SuperannuationAustria PlansTotal
Change in benefit obligation:
Benefit obligation – January 1, 2024
$(27,138)$(503)$(1,559)$(2,509)$(31,709)
Service cost
— — (44)(74)(118)
Interest cost
(1,262)(20)(74)(70)(1,426)
Actuarial gain (loss)
1,610 16 (109)274 1,791 
Benefits paid
1,344 — 45 131 1,520 
Plan participants’ contributions
— — (16)— (16)
Foreign currency translation loss
— — 143 158 301 
Effect of settlement
2,094 33 — — 2,127 
Benefit obligation – end of year
$(23,352)$(474)$(1,614)$(2,090)$(27,530)
Change in plan assets:
Fair value of plan assets – January 1, 2024
$27,365 $— $1,633 $1,314 $30,312 
Actual return on plan assets
472 — 539 39 1,050 
Employer contributions
— 33 — 134 167 
Benefits paid
(1,344)— (116)(41)(1,501)
Effect of settlement
(2,094)(33)— — (2,127)
Plan participants’ contributions
— — 43 — 43 
Foreign currency translation loss
— — (436)(66)(502)
Others— — — (273)(273)
Fair value of plan assets – end of year
24,399 — 1,663 1,107 27,169 
Funded status
$1,047 $(474)$49 $(983)$(361)
Amounts recognized on the consolidated balance sheet as of December 31, 2024:
Pension and post-retirement asset (liability)
$1,047 $(474)$49 $(983)$(361)
Accumulated other comprehensive (income) loss
(1,030)(74)96 (307)$(1,315)
Amounts in accumulated other comprehensive (income) loss consist of:
Net (gain) loss
$(1,030)$(74)$96 $(307)$(1,315)
Other changes in plan assets and benefit obligations recognized in other comprehensive loss (income):
Net (gain) loss
$(700)$(16)$13 $99 $(604)
Amortization of net loss (gain)
60 — (21)44 
Amount recognized due to special event
44 — — 49 
Foreign currency translation gain
— — (4)— (4)
Total recognized in other comprehensive (income) loss
$(596)$(6)$9 $78 $(515)
Information for plans with accumulated benefit obligation in excess of plan assets:
Projected benefit obligation
N/A$474 $1,614 $2,090 $4,178 
Accumulated benefit obligation
N/A$474 $1,482 $1,833 $3,789 
Fair value of plan assets
N/A$— $1,663 $1,107 $2,770 
Schedule of Net Periodic Benefit Cost
The components of net period benefit cost for the years ended December 31, 2025, 2024 and 2023 are as follows:
December 31, 2025
Americold Retirement
Income Plan (ARIP)
National
Service-Related Pension Plan (NSRPP)
Other
Post-Retirement Benefits (OPRB)
SuperannuationAustria PlansTotal
Components of net periodic benefit cost:
(In thousands)
Service cost
$— $— $— $65 $88 $153 
Interest cost
— 1,236 20 90 64 1,410 
Expected return on plan assets
— (1,158)— (131)— (1,289)
Amortization of net gain
— (187)(7)— (4)(198)
Effect of settlement
— — — 37 — 37 
Net pension benefit (income) cost
$ $(109)$13 $61 $148 $113 
December 31, 2024
Americold Retirement
Income Plan (ARIP)
National
Service-Related Pension Plan (NSRPP)
Other
Post-Retirement Benefits (OPRB)
SuperannuationAustria PlansTotal
Components of net periodic benefit cost:
(In thousands)
Service cost
$— $— $— $44 $74 118 
Interest cost
— 1,262 20 74 70 1,426 
Expected return on plan assets
— (1,214)— (117)— (1,331)
Amortization of net (gain) loss
— (60)(5)— 21 (44)
Effect of settlement
— (44)(5)— — (49)
Net pension benefit (income) cost
$ $(56)$10 $1 $165 $120 
December 31, 2023
Americold Retirement
Income Plan (ARIP)
National
Service-Related Pension Plan (NSRPP)
Other
Post-Retirement Benefits (OPRB)
SuperannuationAustria PlansTotal
Components of net periodic benefit cost:
(In thousands)
Service cost
$— $— $— $48 $102 150 
Interest cost
1,603 1,322 21 64 84 3,094 
Expected return on plan assets
(1,120)(1,285)— (69)— (2,474)
Amortization of net loss (gain)
646 (77)(2)— 14 581 
Effect of settlement
2,152 — — — — 2,152 
Net pension benefit cost (income)
$3,281 $(40)$19 $43 $200 $3,503 
Schedule of Weighted Average Assumptions Used To Determine Benefit Obligations and Net Period Benefit Costs
The weighted average assumptions used to determine benefit obligations and net period benefit costs for the years ended December 31, 2025, 2024 and 2023 are as follows:
December 31, 2025
ARIPNSRPPOPRBSuperannuationAustria Plans
Weighted-average assumptions used to determine obligations (balance sheet):
Discount rate
 N/A 5.35%4.40%5.40%3.81%
Rate of compensation increase
 N/A  N/A  N/A 3.50%3.00%
Weighted-average assumptions used to determine net periodic benefit cost (statement of operations):
Discount rate
 N/A 5.48%4.95%5.30%3.12%
Expected return on plan assets
 N/A 5.50% N/A 7.50% N/A
Rate of compensation increase
 N/A  N/A  N/A 3.00% N/A
December 31, 2024
ARIPNSRPPOPRBSuperannuationAustria Plans
Weighted-average assumptions used to determine obligations (balance sheet):
Discount rate
N/A5.48%4.95%5.30%3.12%
Rate of compensation increase
N/AN/AN/A3.00%3.00%
Weighted-average assumptions used to determine net periodic benefit cost (statement of operations):
Discount rate
N/A4.82%4.57%5.25%3.41%
Expected return on plan assets
N/A5.50%N/A7.50%N/A
Rate of compensation increase
N/AN/AN/A3.00%N/A
December 31, 2023
ARIPNSRPPOPRBSuperannuationAustria Plans
Weighted-average assumptions used to determine obligations (balance sheet):
Discount rate
N/A4.90%4.57%5.25%3.41%
Rate of compensation increase
N/AN/AN/A3.00%3.00%
Weighted-average assumptions used to determine net periodic benefit cost (statement of operations):
Discount rate
N/A5.11%4.81%5.40%3.78%
Expected return on plan assets
N/A5.50%N/A5.00%N/A
Rate of compensation increase
N/AN/AN/A2.50%N/A
Schedule of Pension Plan Assets By Category
The fair values of the Company’s pension plan assets by category, are as follows:
December 31, 2025
Level 1Level 2Level 3Total
Assets
(In thousands)
U.S. equities:
Large cap
$— $— $— $— 
Fixed-income securities:
Money markets
— 455 — 455 
U.S. bonds(1)
24,234 — — 24,234 
Common/collective trusts
— 1,282 — 1,282 
Other— — 1,290 1,290 
Total assets
$24,234 $1,737 $1,290 $27,261 
December 31, 2024
Level 1Level 2Level 3Total
Assets
(In thousands)
U.S. equities:
Large cap
$— $1,800 $— $1,800 
Fixed-income securities:
Money markets
— 124 — 124 
U.S. bonds(1)
22,052 — — 22,052 
Real estate(2)
— 423 — 423 
Common/collective trusts
— 1,663 — 1,663 
Other— — 1,107 1,107 
Total assets
$22,052 $4,010 $1,107 $27,169 
(1)Includes publicly traded funds which primarily hold debt and fixed-income securities.
(2)Includes funds in a separate account held by a regulated investment company that invest primarily in commercial real estate and includes mortgage loans which are backed by the associated properties. The Company can call the investment in these assets with no restrictions.
Schedule of Estimated Future Benefit Payments
The following benefit payments, which reflect expected future services, as appropriate, are expected to be paid for all plans as of December 31, 2025:
Years Ending December 31:
(In thousands)
2026$2,478 
20272,087 
20281,956 
20292,069 
20302,344 
Thereafter12,962 
Total$23,896 
Schedule of Multi-employer Plans The table below presents the amounts charged to expense within the Consolidated Statements of Operations for the Company’s contributions to the multi-employer plans for the years ended December 31, 2025, 2024 and 2023.
Pension FundEINZone StatusAmericold Contributions
202520242023
(In thousands)
Central Pension Fund of the International Union of Operating Engineers and Participating Employers(1)
36-6052390Green$78$64$7
Central States SE & SW Areas Health and Welfare Pension Plans(2)
36-6044243Red3
New England Teamsters & Trucking Industry Pension Plan(3)
04-6372430Red592
Alternative New England Teamsters & Trucking Industry Pension Plan
04-6372430Red183230288
I.U.O.E Stationary Engineers Local 39 Pension Fund(2)
94-6118939Green101114138
Western Conference of Teamsters Pension Fund(2)(3)
91-6145047Green2,8822,8132,866
Minneapolis Food Distributing Industry Pension Plan(2)
41-6047047Green128154175
WWEC Local 863 Pension Fund26-3541447Yellow40383,127
Total Contributions$3,412$3,413$7,196
(1)The status information is for the plan’s year end at January 31, 2025 and 2024.
(2)The status information is for the plans’ year end at December 31, 2025 and 2024.
(3)The status information is for the plan’s year end at September 30, 2025 and 2024. The Company withdrew from the multi-employer plan on October 31, 2017. The related liability of $6.2 million as of December 31, 2025 is reflected in “Other liabilities” on the accompanying Consolidated Balance Sheets and will be repaid over the next 22 years.