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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2024
Employee Benefit Plans  
Individually Significant Multiemployer Pension Plans

Expiration Date

EIN/

Pension Protection Act

Company

of Collective 

Pension Plan

Reported Status(a)

FIP/RP

Contributions

Bargaining

Pension Fund

    

Number

    

2024

    

2023

    

Status(b)(c)

    

2024

    

2023

    

2022

    

Agreement(s)

Automotive Industries Pension Plan

 

EIN: 94-1133245;
Plan Number: 001

 

Critical and Declining

 

Critical and Declining

 

Implemented

$

1

$

1

$

1

 

6/30/2025

Midwest Operating Engineers Pension Trust Fund

EIN: 36-6140097;
Plan Number: 001

Not Endangered or Critical as of 3/31/2024

Not Endangered or Critical as of 3/31/2023

Implemented

3

2

2

Various dates
through
9/30/2026

Suburban Teamsters of Northern Illinois Pension Plan (d)

 

EIN: 36-6155778;
Plan Number: 001

 

Not Endangered or Critical

 

Not Endangered or Critical

 

Implemented

 

4

 

4

 

4

 

Various dates
through
3/31/2028

Western Conference of Teamsters Pension Plan

 

EIN: 91-6145047;
Plan Number: 001

 

Not Endangered or Critical

 

Not Endangered or Critical

 

Not
Applicable

 

47

 

41

 

37

 

Various dates
through
12/31/2029

Pension Plan Private Sanitation Union, Local 813 IBT

 

EIN: 13-1975659;
Plan Number: 001

 

Red and Critical

 

Red and Critical

 

Implemented

 

1

 

 

 

Various dates

$

56

$

48

$

44

Contributions to other Multiemployer Pension Plans

17

18

17

Total contributions to Multiemployer Pension Plans (e)

$

73

$

66

$

61

(a)Unless otherwise noted in the table above, the most recent Pension Protection Act zone status available in 2024 and 2023 is for the plan’s year-end as of December 31, 2023 and 2022, respectively. The zone status is based on information that we received from the plan and is certified by the plan’s actuary. As defined in the Pension Protection Act of 2006, among other factors, plans reported as critical are generally less than 65% funded and plans reported as endangered are generally less than 80% funded. Under the Multiemployer Pension Reform Act of 2014, a plan is
generally in critical and declining status if it (i) is certified to be in critical status pursuant to the Pension Protection Act of 2006 and (ii) is projected to be insolvent within the next 15 years or, in certain circumstances, 20 years.
(b)The “FIP/RP Status” column indicates plans for which a Funding Improvement Plan (“FIP”) or a Rehabilitation Plan (“RP”) has been implemented.
(c)A Multiemployer Pension Plan that has been certified as endangered, seriously endangered or critical may begin to levy a statutory surcharge on contribution rates. Once authorized, the surcharge is at the rate of 5% for the first 12 months and 10% for any periods thereafter. Contributing employers, however, may eliminate the surcharge by entering into a collective bargaining agreement that meets the requirements of the applicable FIP or RP.
(d)Of the Multiemployer Pension Plans considered to be individually significant, the Company was listed in the Form 5500 of the Suburban Teamsters of Northern Illinois Pension Plan as providing more than 5% of the total contributions for plan years ending December 31, 2024 and 2023.

(e)

Total contributions to Multiemployer Pension Plans exclude contributions related to withdrawal liabilities, if any.