XML 27 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Associate Retirement Plans
 6 Months Ended
Jul. 16, 2016
Compensation And Retirement Disclosure [Abstract]  
Associate Retirement Plans

Note 9 – Associate Retirement Plans

The following table provides the components of net periodic pension and postretirement benefit costs for the 12 weeks and 28 weeks ended July 16, 2016 and July 18, 2015:

 

 

SpartanNash Company Pension Plan

 

 

SpartanNash Medical Plan

 

 

July 16,

 

 

July 18,

 

 

July 16,

 

 

July 18,

 

(In thousands)

2016

 

 

2015

 

 

2016

 

 

2015

 

12 Weeks Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

 

—

 

 

$

 

—

 

 

$

 

43

 

 

$

 

53

 

Interest cost

 

 

565

 

 

 

 

767

 

 

 

 

80

 

 

 

 

93

 

Amortization of prior service cost

 

 

—

 

 

 

 

—

 

 

 

 

(36

)

 

 

 

(36

)

Expected return on plan assets

 

 

(993

)

 

 

 

(1,136

)

 

 

 

—

 

 

 

 

—

 

Recognized actuarial net loss

 

 

26

 

 

 

 

191

 

 

 

 

9

 

 

 

 

40

 

Net periodic benefit (income) expense

$

 

(402

)

 

$

 

(178

)

 

$

 

96

 

 

$

 

150

 

Settlement expense

 

 

159

 

 

 

 

131

 

 

 

 

—

 

 

 

 

—

 

Total (income) expense

$

 

(243

)

 

$

 

(47

)

 

$

 

96

 

 

$

 

150

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SpartanNash Company Pension Plan

 

 

SpartanNash Medical Plan

 

 

July 16,

 

 

July 18,

 

 

July 16,

 

 

July 18,

 

(In thousands)

2016

 

 

2015

 

 

2016

 

 

2015

 

28 Weeks Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

 

—

 

 

$

 

—

 

 

$

 

101

 

 

$

 

124

 

Interest cost

 

 

1,318

 

 

 

 

1,791

 

 

 

 

186

 

 

 

 

218

 

Amortization of prior service cost

 

 

—

 

 

 

 

—

 

 

 

 

(85

)

 

 

 

(85

)

Expected return on plan assets

 

 

(2,317

)

 

 

 

(2,651

)

 

 

 

—

 

 

 

 

—

 

Recognized actuarial net loss

 

 

60

 

 

 

 

445

 

 

 

 

22

 

 

 

 

93

 

Net periodic benefit (income) expense

$

 

(939

)

 

$

 

(415

)

 

$

 

224

 

 

$

 

350

 

Settlement expense

 

 

372

 

 

 

 

306

 

 

 

 

—

 

 

 

 

—

 

Total (income) expense

$

 

(567

)

 

$

 

(109

)

 

$

 

224

 

 

$

 

350

 

 

The Company did not make any contributions to the SpartanNash Company Pension Plan during the 28 weeks ended July 16, 2016, and because there are no required payments, does not expect to make any contributions for the fiscal year ending December 31, 2016.

 

In addition to the plans listed above, the Company participates in the Central States Southeast and Southwest Pension Fund (EIN 7456500), the Michigan Conference of Teamsters and Ohio Conference of Teamsters Health and Welfare plans (collectively referred to as “multi-employer plans”), and other company-sponsored defined contribution plans for most associates covered by collective bargaining agreements.

 

With respect to the Company’s participation in the Central States Plan, expense is recognized as contributions are funded. The Company’s contributions for the 28 weeks ended July 16, 2016 and July 18, 2015 were $7.5 million and $7.4 million, respectively. See Note 8 for further information regarding the Company’s participation in the Central States Plan.