Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans - Predecessor

v3.22.2.2
Benefit Plans - Predecessor
 6 Months Ended
Jun. 30, 2022
Aria Energy LLC  
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]  
Benefit Plans - Predecessor Benefit Plans - Predecessor
401(k) Plan
Aria maintains a qualified tax deferred 401(k) retirement plan (the “Aria Plan”). Under the provisions of the Aria Plan, substantially all employees meeting minimum age and service requirements are entitled to contribute on a before and after-tax basis a certain percentage of their compensation. Aria matches up to 100% of employees’ first 3% contribution and 50% of the employees’ next 2% contribution. Employees vest immediately in their contributions and Aria’s contribution.
Postretirement Obligations
Aria sponsors an unfunded defined benefit health care plan that provides postretirement medical benefits to certain full-time employees who meet minimum age and service requirements.
Net periodic benefit cost recognized in the consolidated statements of comprehensive income was as follows:
(in thousands) Three Months Ended June 30, 2021 Six Months Ended June 30, 2021
Service cost $ 9  $ 19 
Interest cost 25  45 
Amortization of prior service cost 3  6 
Recognition of net actuarial loss 16  40 
Net periodic benefit cost $ 53  $ 110