Note 7 – Retirement Plan

The Supplemental Employee Retirement Plan (the “SERP”) is an unfunded, non-qualified deferred compensation plan that will provide eligible participants with monthly benefits upon retirement, disability or death, subject to certain conditions. The monthly benefit is based upon each participant’s earnings and his or her number of years of service. Administrative expenses include the following net periodic benefit costs:


	For the Quarter Ended
	September 24, 2015		September 25, 2014
Service cost	$	123	$	96
Interest cost		210		161
Amortization of prior service cost		239		239
Amortization of loss		12		—

Net periodic benefit cost	$	584	$	496