Note 8 – Retirement Plan

The Supplemental Employee Retirement Plan 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 29, 2016		December 24, 2015		December 29, 2016		December 24, 2015
Service cost	$	158	$	122	$	316	$	245
Interest cost		202		212		405		422
Amortization of prior service cost		240		240		479		479
Amortization of loss		91		13		182		25

Net periodic benefit cost	$	691	$	587	$	1,382	$	1,171