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Employee Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
Multiemployer Pension Plans
Our participation in significant plans for the fiscal year ended June 30, 2024 is outlined in the table below. The “EIN/Pension Plan Number” column provides the Employer Identification Number (“EIN”) and the three digit plan number. The zone status is based on the latest information that the Company received from the plan and is certified by the plan’s actuary. Plans in the red zone are generally less than 65 percent funded, plans in the yellow zone are generally less than 80 percent funded, and plans in the green zone are generally at least 80 percent funded. The “FIP/RP Status Pending/Implemented” column indicates plans for which a financial improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented. The “Surcharge Imposed” column includes plans in a red zone status that require a payment of a surcharge in excess of regular contributions.
Pension FundEIN/Pension
Plan Number
Pension
Protection Act
Zone Status
FIP/RP
Status
Pending or
Implemented
Company Contributions
Fiscal Year
Surcharge
Imposed
20242023202420232022
     (In thousands) 
Boilermaker-Blacksmith National Pension Trust48-6168020/001
Red
RedImplemented$4,494 $5,284 $5,208 Yes
National Electrical Benefit Fund, IBEW locals 71, 126, 488, and 131953-0181657/001
Green
GreenNA2,666 3,437 2,973 No
Pipefitters Local 460 Pension Plan51-6108443/001
Green
GreenNA4,217 2,479 111 No
Joint Pension Fund Local Union 164 IBEW 22-6031199/001
Green
GreenNA1,257 1,724 1,514 No
IBEW Local 654 Pension Plan23-6538183/001
Green
GreenNA867 1,242 857 No
Joint Pension Fund of Local Union No 102 IBEW22-1615726/001
Green
GreenNA403 1,143 906 No
IBEW Local 456 Pension Plan22-6238995/001
Green
GreenNA801 1,180 734 No
Local 351 IBEW Pension Plan 
22-3417366/001GreenGreenNA841 1,033 395 No
Steamfitters Local Union No 420 Pension Plan23-2004424/001
Red
RedImplemented615 656 498 Yes
Pipefitters Local 342 Pension Plan94-3190386/001
Green
GreenNA498 345 No
IBEW Local 98 Pension Plan23-6583334/001
Yellow
YellowImplemented634 484 143 No
Laborers Local 220 Pension Plan43-6159056/001
Green
GreenNA747 427 24 No
Contributions to other multiemployer plans3,282 3,969 3,110 
Total contributions made$20,833 $23,556 $16,818 

(1)For the National Electrical Benefit Fund for Locals 71/126/488/1319, Pipefitters Local 460 Pension Plan, Local 351 IBEW Pension Plan, and Laborers Local 220 Pension Plan, we did not receive a funding notification that covered fiscal year 2023 during the preparation of the Form 10-K filed September 12, 2023. Under Federal pension law, if a multiemployer pension plan is determined to be in critical or endangered status, the plan must provide notice of this status to participants, beneficiaries, the bargaining parties, the Pension Benefit Guaranty Corporation, and the Department of Labor. We also observed that these plans have not submitted any Critical or Endangered Status Notices to the Department of Labor for calendar years that we have not received notification. The Critical or Endangered Status Notices can be accessed at https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/public-disclosure/2024-funding-status-notices#2024-c-and-d.