RETIREMENT PLANS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| RETIREMENT PLANS | |
| RETIREMENT PLANS | 15. RETIREMENT PLANS Defined Contribution Plans Resolute Holdings has a 401(k) profit sharing plan for all full-time employees. Resolute Holdings matches contributions based on 100% of the first 3% of the employees’ plan compensation and 50% of the employees’ plan compensation in excess of 3% and up to 5%. CompoSecure has a 401(k) profit sharing plan for all full-time employees who have attained the age of 21 and completed 90 days of service. CompoSecure matches contributions based on 100% of the first 3% of the employees’ plan compensation and 50% of the employees’ plan compensation in excess of 3% and up to 5%. Husky has defined contribution retirement plans, including a Canadian registered retirement savings plan that matches 5% of employees’ plan compensation. Retirement plan expense for defined contribution plans for the three months ended June 30, 2026 and June 30, 2025 was approximately $2.4 and $0.6, respectively. Retirement plan expense for defined contribution plans for the six months ended June 30, 2026 and June 30, 2025 was approximately $4.9 and $1.5, respectively. Defined Benefit and Other Post-Retirement Benefit Plans In connection with the Husky Transaction, the Company assumed Husky Holdings’ defined benefit pension and other post-retirement benefit plans. The defined benefit pension and other post-retirement benefit plans, which are primarily maintained outside the United States, include post-retirement health and dental care benefits for certain eligible retired employees, long-term disability benefit plans, and a defined benefit pension plan in Switzerland. The Company also sponsors certain statutory and service-related employee benefit arrangements for Husky Holdings in various international jurisdictions, including retirement, severance and long-service benefit programs, where required by local law. The defined benefit pension and post-retirement benefit obligations were measured as of December 31, 2025, consistent with the most recent actuarial valuations performed prior to the Husky Transaction, and were recognized by the Company at the Husky Transaction Date. There were no material changes in the related benefit obligations and there were no significant plan amendments, settlements, curtailments, or actuarial gains or losses during the three and six months ended June 30, 2026. Additional detailed information related to the Company’s defined benefit pension and other post-retirement benefit plans, including actuarial assumptions, benefit obligations, plan assets, and expected benefit payments, will be disclosed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2026. |