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Employee Pension and Profit Sharing Plans - (Tables)
12 Months Ended
Oct. 03, 2025
Retirement Benefits [Abstract]  
Schedule of Fair Value of Plan Assets and Projected Benefit Obligation
The following table sets forth the fair value of plan assets and projected benefit obligation for the Company's single-employer defined benefit pension plans (in thousands):
October 3, 2025September 27, 2024
Fair Value of Plan Assets$126,692 $140,992 
Benefit Obligation103,773 116,611 
Funded Status$22,919 $24,381 
Schedule of Allocation of Plan Assets
The fair value of plan assets for the Company's defined benefit pension plans as of October 3, 2025 and September 27, 2024 is as follows (see Note 16 for a description of the fair value levels) (in thousands):
October 3, 2025Quoted prices in active markets
Level 1
Significant other observable inputs
Level 2
Significant unobservable inputs
Level 3
Cash and cash equivalents$19,773 $19,773 $— $— 
Investment funds:
Equity funds14,715 14,715 — 
Fixed income funds17,903 17,903 — 
Insurance contracts74,301 — 74,301 
Total$126,692 $19,773 $32,618 $74,301 
 September 27, 2024Quoted prices in active markets
Level 1
Significant other observable inputs
Level 2
Significant unobservable inputs
Level 3
Cash and cash equivalents$24,996 $24,996 $— $— 
Investment funds:
Equity funds14,423 — 14,423 — 
Fixed income funds18,642 — 18,642 — 
Insurance contracts82,931 — — 82,931 
Total$140,992 $24,996 $33,065 $82,931 
Schedule of Multiemployer Plans There have been no significant changes that affect the comparability of fiscal 2025, fiscal 2024 and fiscal 2023 contributions.
Pension
Fund
EIN/Pension
Plan Number
Pension Protection
Act Zone Status
FIP/RP Status Pending/ ImplementedContributions by the Company
(in thousands)
Range of Expiration Dates of CBAs
20252024202520242023Surcharge
Imposed
National Retirement Fund13-6130178/ 001CriticalCriticalImplemented$1,633 $1,382 $1,217 No2/28/2025 - 5/22/2028
UNITE HERE Retirement Fund82-0994119/ 001Critical and DecliningCritical and DecliningImplemented6,353 6,362 6,217 No12/31/2022 - 3/31/2030
Local 1102 Retirement Trust13-1847329/ 001Critical and DecliningCritical and DecliningImplemented82 70 65 No1/31/2028
Central States SE and SW Areas Pension Plan(1)
36-6044243/ 001CriticalCriticalImplemented550 298 226 No2/15/2027 - 8/31/2028
Pension Plan for Hospital & Health Care Employees Philadelphia & Vicinity23-2627428/ 001Critical and DecliningCritical and DecliningImplemented346 344 333 No1/31/2028
SEIU National Industry Pension Fund (2)
52-6148540/ 001CriticalCriticalImplemented130 160 230 No7/31/2027 - 4/14/2028
Retail Wholesale & Department Store International Union and Industry Pension Fund(3)
63-0708442/ 001Critical and DecliningCritical and DecliningImplemented74 248 53 No6/30/2027 - 1/31/2028
Other funds8,106 7,461 7,479 
Total contributions$17,274 $16,325 $15,820 
(1)
Approximately 67% of the Company's participants in this fund are covered by a single CBA that expires on 7/7/2027.
(2)
Approximately 78% of the Company's participants in this fund are covered by a single CBA that expires on 7/31/2027.
(3)
Approximately 83% of the Company's participants in this fund are covered by a single CBA that expires on 6/30/2027.
The Company provided more than 5 percent of the total contributions for the following plan and plan years:
Pension
Fund
Contributions to the plan exceeded more than 5% of total contributions (as of the plan's year-end)
Local 1102 Retirement Trust12/31/2024, 12/31/2023 and 12/31/2022
UNITE HERE Retirement Fund12/31/2024, 12/31/2023 and 12/31/2022