Retirement Plans

12 Months Ended

Dec. 29, 2017

Pension and Other Postretirement Benefit Expense [Abstract]

Note 9: Retirement Plans

The Company provides a defined contribution retirement plan for its employees whereby the Company contributes to each eligible employee’s account 7% of the employee’s eligible base salary plus overtime. The employee does not need to make a contribution to the plan to be eligible for the Company’s 7% contribution. To be eligible under the plan, an employee must be at least 21 years of age and be either a full-time or part-time salaried employee. The 7% Company contribution will vest 20% per year for the first 5 years of employment and then immediately thereafter. The Company’s expenses related to this plan were $7,914,000, $7,761,000, and $7,317,000 in fiscal years 2017, 2016, and 2015, respectively.