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Note 2 - Multi-Employer Pension and Health Care Plans
6 Months Ended
Jun. 29, 2013
Pension And Health Care Plans Disclosure [Text Block]  
Pension And Health Care Plans Disclosure [Text Block]

2.      Multi-Employer Pension and Health Care Plans


The Company contributes to several multi-employer union pension and health care plans, administered by various trustees, in accordance with the provisions of various labor contracts. Pension and health care costs are generally based on the number of straight-time hours worked and the contribution rate per hour as stipulated in the Company’s various collective bargaining agreements. Union pension and health care plan expense totaled approximately $5,325,000 and $5,111,000 in the second quarter of 2013 and 2012, respectively. Contributions were approximately $10,676,000 for the first half of 2013 compared to $10,266,000 in the same period of the prior year.


The Arden Group, Inc. 401(k) Plan (Plan) covers all non-union employees of the Company and its subsidiaries who have attained the age of 18 and have completed the applicable service requirement. The Plan provides that, with certain limitations, an employee with at least one month of service may elect to contribute up to 100% of such employee’s annual compensation to the Plan up to a maximum of $17,500 in 2013 on a tax-deferred basis, in addition to catch up contributions up to a maximum of $5,500 for employees over the age of 50. Employees are eligible to participate in the Company’s discretionary contributions beginning on January 1 or July 1 following the completion of one year of service. The Company accrued $132,000 and $90,000 during the second quarter of 2013 and 2012, respectively, for anticipated contributions. The Company accrued $273,000 and $186,000 during the first half of 2013 and 2012, respectively.