Note 8 – 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				For the Twenty-six Weeks Ended
	December 24, 2015		December 25, 2014		December 24, 2015		December 25, 2014
Service cost	$	122	$	97	$	245	$	193
Interest cost		212		160		422		321
Amortization of prior service cost		240		240		479		479
Amortization of loss		13		—		25		—

Net periodic benefit cost	$	587	$	497	$	1,171	$	993