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Retirement Plan
 3 Months Ended
Sep. 26, 2024
Retirement Benefits [Abstract]  
Retirement Plan

Note 9 – Retirement Plan

The Supplemental Employee Retirement Plan (“Retirement Plan”) is an unfunded, non-qualified benefit 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. The components of net periodic benefit cost are as follows:

 

 

For the Quarter Ended

 

 

 

September 26,
2024

 

 

September 28,
2023

 

Service cost

 

$

129

 

 

$

63

 

Interest cost

 

 

361

 

 

 

350

 

Net periodic benefit cost

 

$

490

 

 

$

413

 

 

The components of net periodic benefit cost other than the service cost component are included in the line item “Pension expense (excluding service costs)” in the Consolidated Statements of Comprehensive Income.