Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2018

Summary of Plan Information Relating to Participation in Multiemployer Pension Plans

The following table summarizes plan information relating to Quanta’s participation in multiemployer defined benefit pension plans, including company contributions for the last three years, the status under the PPA of the plans and whether the plans are subject to a funding improvement or rehabilitation plan or contribution surcharges. The most recent PPA zone status available in 2018 and 2017 relates to the plan’s fiscal year-end in 2017 and 2016. Forms 5500 were not yet available for the plan years ending in 2018. The PPA zone status is based on information that Quanta received from the respective plans, as well as publicly available information on the U.S. Department of Labor website, and is certified by the plan’s actuary. Although multiple factors or tests may result in red zone or yellow zone status, plans in the red zone generally are less than 65 percent funded, plans in the yellow zone generally are less than 80 percent funded, and plans in the green zone generally are at least 80 percent funded. Under the PPA, red zone plans are classified as “critical” status, yellow zone plans are classified as “endangered” status and green zone plans are classified as neither “endangered” nor “critical” status. The “Subject to Financial Improvement/ Rehabilitation Plan” column indicates plans for which a financial improvement plan or a rehabilitation plan is either pending or has been implemented. The last column lists the expiration dates of Quanta’s collective-bargaining agreements to which the plans are subject. Total contributions to these plans correspond to the number of union employees employed at any given time and the plans in which they participate and vary depending upon the location and number of ongoing projects at a given time and the need for union resources in connection with such projects. Information has been presented separately for individually significant plans, based on PPA funding status classification, and in the aggregate for all other plans.



	Employee Identification Number/ Pension Plan Number	PPA Zone Status		Subject to Financial Improve- ment/ Reha- bilitation Plan	Contributions (in thousands)						Sur-charge Imposed	Expiration Date of Collective Bargaining Agreement
Fund	Employee Identification Number/ Pension Plan Number	2018	2017	Subject to Financial Improve- ment/ Reha- bilitation Plan	2018		2017		2016		Sur-charge Imposed	Expiration Date of Collective Bargaining Agreement
National Electrical Benefit Fund	53-0181657-001	Green	Green	No	$	35,399	$	29,161	$	22,912	No	Varies through May 2022
Pipeline Industry Pension Fund	73-6146433-001	Green	Green	No	10,132		13,585		6,954		No	Varies through May 2020
Central Pension Fund of the IUOE & Participating Employers	36-6052390-001	Green	Green	No	9,246		12,176		5,668		No	Varies through December 2020
Laborers Pension Trust Fund for Northern California	94-6277608-001	Yellow	Yellow	Yes	3,652		3,387		3,805		Yes	Varies through May 2020
International Union of Operating Engineers Local 132 Pension Fund	55-6015364-001	Green	Green	No	3,367		222		42		No	May 2020
Eighth District Electrical Pension Fund	84-6100393-001	Green	Green	No	3,332		3,208		3,089		No	Varies through December 2020
West Virginia Laborers Pension Trust Fund	55-6026775-001	Green	Green	No	3,321		509		129		No	May 2020
Teamsters National Pipe Line Pension Plan	46-1102851-001	Green	Green	No	3,318		3,602		1,661		No	Varies through December 2020
Plumbers and Pipefitters National Pension Fund	52-6152779-001	Yellow	Yellow	No	2,734		1,273		1,666		No	Varies through March 2021
Locals 302 & 612 of the IUOE-Employers Construction Industry Retirement Plan	91-6028571-001	Green	Green	No	2,620		2,194		2,269		No	May 2021
Operating Engineers Local 324 Pension Fund	38-1900637-001	Red	Red	Yes	2,310		1,969		1,291		Yes	Varies through December 2020
Alaska Electrical Pension Plan	92-6005171-001	Green	Green	No	2,287		2,143		2,701		No	Varies through December 2019
Laborers National Pension Fund	75-1280827-001	Red	Green	Yes	2,051		3,049		1,358		Yes	Varies through December 2020
OE Pension Trust Fund	94-6090764-001	Red	Red	Yes	1,922		1,703		1,508		Yes	Varies through June 2020
Employer-Teamsters Local Nos 175 & 505 Pension Trust Fund	55-6021850-001	Red	Red	Yes	1,209		50		—		Yes	May 2020
Laborers District Council of W PA Pension Fund	25-6135576-001	Red	Red	Yes	1,029		418		876		Yes	May 2020
Alaska Laborers - Employers Retirement Fund	91-6028298-001	Yellow	Yellow	Yes	411		536		1,216		No	December 2018
Alaska Teamster Employer Pension Plan	92-6003463-024	Red	Red	Yes	197		255		659		No	December 2018
All other plans - U.S.					29,136		21,365		26,869
All other plans - Canada ⁽¹⁾					8,518		9,277		562
Total					$	126,191	$	110,082	$	85,235


⁽¹⁾	Multiemployer defined benefit pension plans in Canada are not subject to the reporting requirements under the PPA. Accordingly, certain information was not publicly available.

Quanta’s contributions to the following individually significant plans were five percent or more of the total contributions to these plans for the periods indicated based on the Forms 5500 for these plans for the years ended December 31, 2017 and 2016. Forms 5500 were not yet available for these plans for the year ended December 31, 2018.



Pension Fund		Plan Years in which Quanta Contributions Were Five Percent or More of Total Plan Contributions
Pipeline Industry Pension Fund		2017 and 2016
Eighth District Electrical Pension Fund		2017 and 2016
Teamsters National Pipe Line Pension Plan		2017 and 2016
Local 697 IBEW and Electrical Industry Pension Fund		2017 and 2016
IBEW Local 456 Pension Plan		2017 and 2016
National Electrical Benefit Fund		2017
Local Union 400 IBEW Pension Plan		2017
IBEW 648 Pension Plan		2017
Laborers Local 57 Industrial Pension Plan		2017
Local Union No. 9 IBEW and Outside Contractors Pension Fund		2016
Alaska Plumbing and Pipefitting Industry Pension Fund		2016
Alaska Electrical Pension Plan		2016
Michigan Electrical Employees’ Pension Plan		2016